Hennepin Homes with Three Or More Stories

Welcome to Hennepin County, located in the vibrant state of Minnesota and home to the bustling city of Minneapolis. Known for its beautiful landscapes, diverse communities, and rich cultural heritage, Hennepin County offers a unique blend of urban amenities and natural beauty.

If you're in the market for a home with three or more stories, Hennepin County has a variety of options to choose from. Whether you're looking for a historic brownstone in the heart of downtown Minneapolis or a modern townhouse with skyline views, you'll find the perfect property to suit your needs.

With its thriving real estate market, Hennepin County offers an array of housing options to cater to every lifestyle. From cozy condos to spacious single-family homes, there's something for everyone in this dynamic county.

Explore the vibrant neighborhoods, top-rated schools, and endless recreational opportunities that make Hennepin County a great place to call home. Whether you're a first-time homebuyer or a seasoned investor, Hennepin County has something for everyone. Start your search for the perfect home with three or more stories in this exciting county today!

Newest Hennepin Homes with Three Or More Stories

$2,750,000

7134755 MLS

6 Parcels including 2 buildings with over 15,000 finished square feet. Large 40+ stall parking lot. Includes 2 restaurant spaces with equipment, upper level event/wedding space, lower level office suite, 2 storefront shop rental spaces, and over 3000 square feet of additional unfinished basement space. Don't miss out, set up a viewing today!

1501 E Lake Street, Minneapolis

Listing courtesy of BRIX Real Estate.

$1,900,000

7131152 MLS

Bloomington Square Apartments is located in the heart of South Minneapolis close to many shops, parks and employment. Built in 1962 this property features a total of 18-units with a mix of twelve 2bd, 1ba and six 1bd, 1ba along with a whole lower fourth level with four tuck under garages. There is plenty of extra storage and off-street parking. The exterior is maintenance free with brick and stucco and newer vinyl replacement windows. The building sits on 0.28 acres and is only a short block from the desirable Powderhorn Park. Onsite laundry and extra storage lockers. Fully leased and located in a non-rent controlled city of Minnesota. PROPERTY FACTS Year Built: 1962 Square Footage: 15,320 Units: 18 Zoning: Multiple-Dwelling Parking: 4 Attached Garage Stalls w/ Openers Plus 16 Off-Street Parking Spots Exterior: All Brick and Stucco Exterior Heating: Gas Fired Forced Air Hot Water Boiler System Air Conditioning: In the Wall Air Conditioning Units Roof: Flat Roof - Newer in Age UNIT DESCRIPTION 12 - Two Bedroom, One Bath - Approx. 800+ Sqft. 6 - One Bedroom, One Bath - Approx. 600+ Sqft PROPERTY IMPROVEMENTS Hallways and Common Areas Recently Painted Newer Hot Water Heater Newer Double-Hung Windows Throughout the Building

3412 Bloomington Avenue, Minneapolis

Listing courtesy of Apartment Cash Flow, Inc..

$525,000

7128626 MLS

High Demand Office Building With Salon Style / Medical Use Tenant Base. This building has a make up of small neighborhood businesses with most suites having sinks and hard surfaces flooring. There are 10 total office units in this building. All spaces are clean, affordable, easy to lease and are all set up on gross leases. This building has lots of updates and has 1st floor common area lobby, off street parking and large electronic front monument sign that can be change to read different things. Owner recently replaced the air condition condenser and has done other capital improvements such as wifi enabled control access of building and suite doors. This building is within walking distance of many great amenities such as shopping, restaurants, transit banks and is located in the historic downtown Robbinsdale area.

3826 W Broadway Avenue, Robbinsdale

Listing courtesy of Mitchell Realty LLC.

$2,068,000

7126151 MLS

Beautiful maintained 22- unit multifamily property with many capital improvements, tastefully done units and hallways, a new roof. The property is part of the 4d Affordable Housing Incentive Program, resulting in a reduction in the property taxes, enhancing cash flow. A very healthy rental property with its proximity to Downtown Minneapolis, major transit routes, bus lines, hospitals, and community facilities, parks, bike trails. Phenomenal opportunity to add this income-producing asset to your portfolio.

2110 Park Avenue, Minneapolis

Listing courtesy of RE/MAX Results.

$1,950,000

18 Beds ⋅ 15 Baths ⋅ 7112277 MLS

This stunning, nearly new multi-family building constructed in 2022 offers 18 bedrooms and 15 bathrooms across 6 units, delivering exceptional cash flow. Each unit features beautiful cabinetry, premium appliances, quartz countertops, and convenient kitchen center islands. You'll also find front-load washer and dryer sets in every unit, plus private balconies for enjoying fresh air and views. The tasteful, modern design flows seamlessly throughout with high-quality finishes, including tiled bathroom floors and showers. Located just one block from the prestigious Minneapolis College of Art and Design (MCAD), this property is perfectly positioned for student housing, young professionals, or long-term tenants. The previous tenant for 4 years rented the entire building for $15,000 per month (tenant paid all utilities and exterior maintenance), with the current lease ending at the end of April 2026. Units are actively leasing up, with projected total rents exceeding $15,500 per month. Built in 2022, the property requires minimal maintenance or repairs. This is a rare opportunity to own a new modern, income-producing asset that cannot be easily recreated. Schedule your showing today and take advantage of this fabulous cash-flow opportunity!

2413 1st Avenue S, Minneapolis

Listing courtesy of Value Homes Realty Group LLC.

$1,095,000

12 Beds ⋅ 5 Baths ⋅ 7106578 MLS

This five-unit building offers a desirable unit mix, featuring four 2 bedroom, 1 bathroom units and one spacious 4 bedroom, 1 bathroom unit on the top floor. Rich in character, the property showcases original hardwood floors and built-ins. Inviting front and back porches provide additional outdoor living space, enhancing the property's charm and appeal. All units were remodeled in last 10-12 years. as well as rare front and back porches Whether you're looking to expand your investment portfolio or own a well located multifamily property with strong rental potential, this building presents a great opportunity. Situated just minutes from Uptown, Downtown Minneapolis, and the Chain of Lakes, residents will enjoy easy access to neighborhood favorites including Lake of the Isles, Bde Maka Ska, the Midtown Greenway, Convenient access to public transportation and major roadways

2445 Aldrich Avenue S, Minneapolis

Listing courtesy of Pemberton RE.

7063127 MLS

Dinkytown student housing investment, walking distance to U of M campus. 14 rental rooms, fully leased through 2026/2027 school year. Tenants responsible for all utilities (electric, gas, water, internet, trash) — low operating costs for owner. Zoned R5, offering strong future redevelopment potential. Property is one lot off the corner of 10th Ave SE & University Ave SE, and shares a rear parking lot with 1009 University Ave SE — also available. Acquiring both properties together, or in combination with the corner parcel, presents a compelling assemblage/development opportunity in one of the Twin Cities' most active student housing corridors. Part of larger 7-building Dinkytown portfolio; motivated seller reviewing offers as received.

314 10th Avenue SE, Minneapolis

Listing courtesy of Ashworth Real Estate.

$9,000,000

7093980 MLS

Great opportunity for investor

1300 67th Avenue N, Brooklyn Center

Listing courtesy of Better Homes and Gardens Real Estate Advantage One.

$825,000

7086019 MLS

Excellent opportunity to acquire a fully occupied 10-unit apartment building with strong in-place cash flow. This well-maintained property features updated units, a newer roof, updated exterior wood components, replacement shakes, and newer windows, helping reduce future capital expenditures. Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one. Ideal for investors looking to expand their portfolio or complete a 1031 exchange.

2528 17th Avenue S, Minneapolis

Listing courtesy of Compass.

$2,690,000

7081408 MLS

Introducing a rare, low-risk multifamily development opportunity featuring two newly constructed triplexes alongside five additional fully entitled triplexes ready for immediate vertical construction. This offering presents a unique chance for investors and developers to acquire a substantially de-risked infill project with completed infrastructure, approved entitlements, and comprehensive construction documentation already in place. The property currently includes two completed triplex buildings that are newly constructed and positioned for immediate occupancy or lease-up. These completed units provide near-term income potential while also showcasing the quality, design standards, and functionality approved for the broader development. The existing improvements allow buyers to generate cash flow while simultaneously advancing the remaining phases of construction. In addition to the completed buildings, the project includes full entitlements for five additional triplexes, significantly reducing both development timelines and entitlement-related uncertainty. All discretionary approvals have already been secured, eliminating one of the most time-consuming and unpredictable components of the development process. Buyers can move forward with confidence knowing the project has already achieved municipal approvals and is positioned for efficient execution. The site has also undergone substantial horizontal development work, with all major infrastructure improvements completed. Roads, utilities, grading, drainage systems, and supporting site work are already in place, creating a true shovel-ready opportunity. By avoiding the delays and capital requirements often associated with early-stage infrastructure work, investors can focus directly on vertical construction and project delivery. To further streamline execution, the seller will provide comprehensive architectural and engineering plan sets, including architectural drawings, civil engineering plans, and all supporting documentation associated with the approved development. This allows for a seamless transition to a new owner and provides the ability to accelerate building permit applications and construction commencement timelines. The combination of completed product, fully approved expansion capacity, and finished site infrastructure creates a highly attractive investment profile with substantially reduced pre-development risk. Unlike many multifamily development opportunities that require years of planning, entitlement processing, and infrastructure coordination, this project is positioned for immediate continuation and rapid delivery of additional units to market. The property is ideally suited for investors, developers, or owner-operators seeking a near-turnkey multifamily development opportunity in a strong and growing market. With immediate income potential from the completed triplexes and a clearly defined path to expansion, the project offers both short-term operational upside and long-term value creation. The ability to quickly move into vertical construction on the remaining buildings provides a significant competitive advantage in today’s market environment, where entitlement delays and rising construction costs continue to impact project timelines. This offering represents an exceptional opportunity to acquire a thoughtfully planned and substantially completed multifamily development with minimal entitlement risk, reduced execution uncertainty, and the infrastructure necessary to support efficient project completion.

6045 Brooklyn Boulevard, Brooklyn Center

Listing courtesy of RE/MAX Results.

$1,145,000

11 Beds ⋅ 11 Baths ⋅ 7071343 MLS

3537 11th Ave S, Minneapolis, MN 55407 presents an exceptional opportunity to acquire a fully occupied 11-unit multifamily property in one of South Minneapolis’ strongest rental corridors. The building consists of spacious one-bedroom apartments and has maintained a long history of 100% occupancy with consistent tenant demand and active waiting lists, demonstrating the area’s strong need for affordable workforce housing. Located in the highly desirable Powderhorn Park neighborhood near parks, public transit, shopping, restaurants, and universities, the property attracts stable long-term renters including young professionals, students, healthcare workers, and service employees. The asset features updated units, controlled access, on-site laundry, security system, on-site parking in addition to abundant free street parking, and a strong operational history, providing dependable cash flow with additional upside through future rent growth and continued improvements. Current rents are below market, providing investors with a clear value-add opportunity to increase income and maximize returns through strategic rent adjustments while maintaining strong occupancy. Comparable multifamily properties in the immediate area continue to experience low vacancy rates and strong investor demand due to the neighborhood’s affordability, walkability, and accessibility, making this an outstanding opportunity for investors seeking a stabilized, income-producing asset with long-term appreciation potential in a proven Minneapolis rental market.

3537 11th Avenue S, Minneapolis

Listing courtesy of Universal Realty LLC.

$5,800,000

7058372 MLS

• Price Reduction, now priced at $5,800,000. New Office Golf Lease Back Option! • Investors: Office Golf is willing to lease back the 1st Floor and half of the 2nd Floor for 3-5 years (depending on all terms such as sale price, lease rate, etc). See Financials for lease rates at current pricing. • Owner/Users: Ideal arrangement with in place income, but available space for immediate occupancy post closing. Perfect corporate headquarters. • Significant Capital Investment: Approximately $3 Million invested in interior and exterior renovations (2023) • Office Golf Amenities Include: o 18 TrackMan golf simulators o 2 Full-Service Bars (including the Hornet Bar) o Commercial Kitchen o Turnkey Restaurant Space with outdoor patio • Premier I-494 Corridor Location: o Exceptional visibility and frontage along one of Bloomington’s most trafficked corridors o Strong Demographics: $179,026 average household income within 1 mile o Traffic Counts: Exposure to 140,296 vehicles per day on I-494 o Surrounding Area: Located among national retailers, hospitality, and dense multifamily housing • Zoning: C-4 Freeway Office: allows for a wide range of office, hospitality, and commercial uses • Building Overview: o Existing diversified Tenant mix include: Office Golf, 2nd Swing Golf, Bethany Fellowship, Financial Services, Transportation, Construction, and more. o 65,623 total SF: 42,303 finished SF Class B Office building + 23,320 SF of underground parking (2 levels) o Three-story structure with elevator service o Open-concept layouts with abundant natural light o Modernized finishes and strong curb appeal o New Roof 5 years ago (~20 year warranty) o 6 new offices just completed on 2nd floor for additional income potential • Site Details: o 1.80 acres (78,404 SF) site o Great parking with 68 underground + 96 surface stalls

7807 Creekridge Circle, Bloomington

Listing courtesy of RE/MAX Results.

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