3

Excelsior, MN Multifamily Homes & Duplexes for Sale

Section Image
  • /101

    $799,999 Open Tue 11AM - 1PM

    • 3 Beds
    • 2.5 Baths
    • 3,168 Sq Ft

    6040 Oakview Ct, Excelsior, MN 55331

    Welcome to 6040 Oakview Court in Shorewood. Set on a quiet cul-de-sac, this residence offers the ease of true one-level living with the bonus of a finished walkout lower level. From the vaulted ceilings and two-story entry to the warmth of Brazilian cherry floors, the home delivers both exceptional quality and comfort.The main level features a spacious primary suite with deck access, a

    Daniel Gustafson Coldwell Banker Realty

    6040 Oakview Ct, Excelsior, MN 55331
  • /57

    $679,000

    • 7 Beds
    • 4 Baths
    • 3,705 Sq Ft

    5345 Wedgewood Dr, Excelsior, MN 55331

    Don’t miss this rare investment or house-hack opportunity just one mile from charming downtown Excelsior and Lake Minnetonka. Nestled on a quiet cul-de-sac and backing up to a scenic bike path, this beautifully updated duplex offers the perfect blend of privacy, nature, and convenience. Situated on a sprawling half-acre wooded lot, this property features two spacious units; one 3 bed / 2 bath and

    Jamie Hall Rize Realty

    5345 Wedgewood Dr, Excelsior, MN 55331
  • /32

    $450,000

    • 4 Beds
    • 3.5 Baths
    • 3,723 Sq Ft

    6140 Chaska Rd, Excelsior, MN 55331

    Experience bright, open living with timeless charm and modern amenities in this beautifully designed four-bedroom, four-bath twinhome offering 3,742 square feet of thoughtfully crafted space.Upstairs, the expansive main level showcases an updated kitchen featuring quartz countertops, stainless steel appliances, and a large center island, perfect for casual dining or entertaining. The kitchen

    Paul Johnson Lakes Sotheby's International

    6140 Chaska Rd, Excelsior, MN 55331

Why Live in Excelsior

Excelsior, Minnesota, located 20 miles west of Minneapolis, is a small yet vibrant city known for its dynamic downtown and proximity to Lake Minnetonka. The city spans just one square mile but is rich in history and community spirit. Downtown Excelsior is a bustling area lined with historic properties, offering a variety of shopping and dining options. Notable dining spots include Maynards and Kowalski’s for grocery needs. Excelsior Commons Park is a central outdoor attraction, featuring a modern pavilion, playground, and scenic views of the lake. The Excelsior Streetcar Line offers a nostalgic trolley ride showcasing landmarks from the 1800s.

Families in Excelsior benefit from the highly rated Minnetonka Public School District. Excelsior Elementary School is recognized for its high academic standards and Chinese language immersion program. West Middle School in Chaska has received national accolades, and Minnetonka Senior High School boasts high proficiency rates in math and reading.

The real estate market in Excelsior is somewhat competitive, with home prices ranging from $500,000 to over $2.5 million. The city is characterized by smaller parcels, sidewalks, and distinctive home patterns. Recent developments include a 49-unit multifamily housing project aimed at diversifying housing options. Excelsior is committed to preserving its unique character through careful zoning regulations.

Excelsior is a popular destination for both residents and visitors, offering numerous things to do, from enjoying the outdoors at Excelsior Public Beach to exploring local shops like The Abundant Kitchen and Lake Effect Nautical Gifts. The city’s crime rate is lower than the national average, making it an attractive place to live.

Home Trends in Excelsior, MN

Housing Trends

Median Sale Price
$840,000
Median Single Family Sale Price
$939,900
Median Townhouse Sale Price
$557,250
Average Price Per Sq Ft
$379
Number of Homes for Sale
70
Last 12 months Home Sales
260
Months of Supply
3.20
Median List Price
$895,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
How to Buy a Home How to Finance a Home How to Sell a Home