Phillips Multifamily Homes & Duplexes for Sale

/29
$365,000
- 4 Beds
- 2 Baths
- 2,032 Sq Ft
2628 14th Ave S, Minneapolis, MN 55407

Solid up/down duplex. 2 bedrooms 1 bath each unit with a good size living spaces. Separate electric, beautiful woodwork, tall ceilings, hardwood floors and a secure storage shed out back. New siding, new concrete around the house, update kitchen, update bathrooms, new carpet, fresh paint,7 windows first floor, newer flooring in bathroom and kitchen. Space for parking and storage. Complete

Artemisa Boston eXp Realty

2628 14th Ave S, Minneapolis, MN 55407
/27
$225,000
- 4 Beds
- 2 Baths
- 1,800 Sq Ft
2416 13th Ave S, Minneapolis, MN 55404

Hippie / Handyman Special! Investment Opportunity!This once-grand historic duplex is bursting with potential and ready for your vision. A true equity-builder, it features original hardwood floors, natural woodwork, and classic built-ins just waiting to be restored. Renovate the kitchens and bathrooms, revive the charming beadboard porches, and make the most of the extra-large lot. Perfect for

Michael Smith Anderson Realty

2416 13th Ave S, Minneapolis, MN 55404
/23
$300,000
- 2 Beds
- 2 Baths
- 1,399 Sq Ft
2535 11th Ave S, Minneapolis, MN 55404

Duplex, just blocks from Abbott Northwestern Hospital. Great for short or long term rentals. Good for owner occupied rental or could be used as a single family. Brand new water heaters, newer boilers. Newly updated property

Todd Kohs RE/MAX Synergy

2535 11th Ave S, Minneapolis, MN 55404
/15
$265,000
- 3 Beds
- 2 Baths
- 1,396 Sq Ft
2429 15th Ave S, Minneapolis, MN 55404

Recently remodeled nice duplex with a large fenced yard. Spacious unit on main level with a large porch. One bedroom studio upstairs with balcony for a time of relaxation! One car garage and extra off street parking spots. Large lot. Located blocks from bus line and minutes from downtown and other venues of entertainment!! A wonderful place to call home!

Ying Que Land of Lakes Rlty

2429 15th Ave S, Minneapolis, MN 55404
/21
$280,000
- 3 Beds
- 2 Baths
- 1,820 Sq Ft
1403 E 28th St, Minneapolis, MN 55407

Great Duplex! 2 bedroom each unit. Good separate mechanicals. Ready for a new owner/occupant.

Artemisa Boston eXp Realty

1403 E 28th St, Minneapolis, MN 55407

Minnesota Minneapolis Phillips

Why Live in Phillips

The Phillips neighborhood in Minneapolis is a vibrant area known for its international marketplace and diverse architectural styles. Lake Street serves as a bustling commercial hub, offering a variety of global cuisines and independent shops. The community is characterized by its early 1900s residential streets, featuring Craftsman, Foursquare, and Victorian homes, including grand Queen Anne-style houses with intricate detailing. The Midtown Global Market, located in the former Sears building, is a local highlight with over 40 stalls offering international goods and cuisine, alongside regular musical performances. Outdoor enthusiasts can enjoy the Midtown Greenway, a biking and walking trail connecting to the Mississippi River and the Minneapolis Chain of Lakes Regional Park. Phillips also boasts several parks, such as Stewart Park and East Phillips Park, which provide playgrounds and wading pools. Education in the area includes South Senior High School, known for its strong academic programs and supportive environment. The neighborhood is home to Allina Health Abbott Northwestern Hospital and Children’s Minnesota Hospital, both accessible via Metro Transit. With its lively and welcoming atmosphere, Phillips offers urban convenience and community charm for residents.

Learn more about living in Phillips

Home Trends in Phillips, MN

On average, homes in Phillips, Minneapolis sell after 37 days on the market compared to the national average of 70 days. The median sale price for homes in Phillips, Minneapolis over the last 12 months is $395,000, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$395,000

Median Single Family Sale Price

$395,000

Median Townhouse Sale Price

$321,200

Median 2 Bedroom Sale Price

$180,000

Average Price Per Sq Ft

$238

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.60

Median List Price

$426,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Phillips, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $225,000 to $365,000, there's something for every budget. As of July, 2025 the median home price in Phillips, Minneapolis is $426,000, while the average sale price is $455,178, providing insight into local market trends. On average, multi-family homes spend 37 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Phillips, Minneapolis.

Phillips Types of Homes for Sale

More About Living in Phillips

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