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Phillips West Homes for Sale

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  • /34

    $375,000

    • 4 Beds
    • 4 Baths
    • 2,992 Sq Ft

    2925 2nd Ave S, Minneapolis, MN 55408

    Discover a turnkey investment opportunity in the heart of Minneapolis! This well-maintained 4-unit building offers four spacious 1-bedroom, 1-bath apartments; all vacant after recent updates and ready for leasing. Units feature fresh paint, refinished hardwood floors, and updates including new cabinetry and appliances in some units. New roof in 2023 and separate gas and electric meters for all

    Jamie Hall Rize Realty

    2925 2nd Ave S, Minneapolis, MN 55408
  • /28

    $259,900

    • 3 Beds
    • 1.5 Baths
    • 1,814 Sq Ft

    2745 Columbus Ave, Minneapolis, MN 55407

    3-bedroom, 2-bath home offers 1,814 finished square feet, featuring beautiful natural woodwork that adds warmth and charm throughout. Spacious layout, classic architectural details, and comfortable flow between living, dining, and kitchen areas. Enjoy the convenience of a 2-stall garage, plus a cozy backyard perfect for relaxing or entertaining. Ideally located near parks, local shops,

    Isaac Kuehn DRG

    2745 Columbus Ave, Minneapolis, MN 55407
  • /23

    $60,000

    • 1 Bath
    • 554 Sq Ft

    2615 Park Ave Unit 309, Minneapolis, MN 55407

    ELEGANT AND SECURE ART DECO BLDG.LARGE STUDIO APARTMENT HAS HARDWOOD FLOORS,LARGE CLOSETS,CERAMIC TILE BATH AND BUILT-INS IN DINING ROOM.PARKING AVAILABLE.BREAKFAST WITH THE MORNING SUN.

    Tim Krey Real Estate Masters, Ltd.

    2615 Park Ave Unit 309, Minneapolis, MN 55407
  • /86

    $875,000

    • 6 Beds
    • 5 Baths
    • 5,669 Sq Ft

    2601 Portland Ave, Minneapolis, MN 55407

    Architectural Grandeur Meets Investment Opportunity Originally built for Sylvester S. Cargill, this commanding Victorian triplex offers historic pedigree, generous square footage, and compelling flexibility for multi-generational living, creative use, or investment. Located just a block from the American Swedish Institute and moments from Eat Street, Downtown Minneapolis, major hospitals, and

    Natasha Cejudo Lakes Sotheby's International Realty

    2601 Portland Ave, Minneapolis, MN 55407
  • /39

    $94,900

    • 1 Bed
    • 1 Bath
    • 1,041 Sq Ft

    2615 Park Ave Unit B1, Minneapolis, MN 55407

    This beautifully renovated one-bedroom apartment in the historic 2615 Park Avenue Cooperative offers a blend of modern upgrades and period charm. The kitchen has been completely updated with newer appliances, a period-inspired range, built-in refrigerator, custom cabinetry, tiled backsplash, and elegant lighting, all reflecting the building's timeless character. The spacious bedroom features a

    Daniel Duddingston Keller Williams Premier Realty

    2615 Park Ave Unit B1, Minneapolis, MN 55407
  • /35

    $105,000

    • 1 Bed
    • 1 Bath
    • 805 Sq Ft

    2615 Park Ave Unit 112, Minneapolis, MN 55407

    Located in the stately 2615 Park Ave building, directly across from the American Swedish Institute & in the heart of Minneapolis. This adorable main level unit features newly refinished gleaming oak hardwood floors, freshly painted walls & original crown molding. You will feel like you are stepping back in time from the moment you walk inside. Sunshine streams in through the windows on the east

    Rachel Blinsmon RE/MAX Results

    2615 Park Ave Unit 112, Minneapolis, MN 55407

Why Live in Phillips West

Phillips West in Minneapolis is a developing urban neighborhood located along U.S. Interstate 35 West, featuring a variety of housing options from apartment complexes and condos to four-plexes, duplexes, and single-family homes. The area showcases diverse architectural styles, including Victorian-era builds, Prairie-style homes, and Queen Annes. Cultural landmarks like the American Swedish Institute and the Midtown Global Market highlight the neighborhood's rich history and cultural diversity. Outdoor amenities include Peavey Field Park, Stewart Park, and the Midtown Greenway, which offers 5.7 miles of paved paths connecting western Minneapolis to downtown. Powderhorn Park, just 1 mile away, provides scenic lake views and seasonal ice-skating. The neighborhood hosts annual events like the Spring Celebration and Winter Social, fostering a strong community spirit. Dining options include Lu’s Sandwiches for Vietnamese cuisine, Taqueria la Hacienda for Mexican fare, and Christos Greek Restaurant for Mediterranean dishes. Shopping is convenient with local retailers on East Lake Street and big-box stores at Minnehaha Center, 2 miles east. Families are served by the Minneapolis Public School District, with South Senior High School offering a well-regarded education. Public transportation is accessible via the Metro Transit bus at the I-35W & Lake Street Station, and the Minneapolis–Saint Paul International Airport is 10 miles away. Phillips West remains an attractive option for young professionals and investors seeking affordable housing near downtown Minneapolis.

Frequently Asked Questions

Is Phillips West a good place to live?
Phillips West is a good place to live. Phillips West is considered fairly walkable and a biker's paradise with good transit options. Phillips West has 7 parks for recreational activities. It is very dense in population with 20.1 people per acre and a median age of 37. The average household income is $49,661 which is below the national average. College graduates make up 23.1% of residents. A majority of residents in Phillips West are renters, with 84.9% of residents renting and 15.1% of residents owning their home. A local real estate agent serving Phillips West can help you decide if this neighborhood is the right one for you. Learn more on our Phillips West neighborhood guide.
How much do you need to make to afford a house in Phillips West?
The median home price in Phillips West is $108,500. If you put a 20% down payment of $21,700 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $530 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $23K a year to afford the median home price in Phillips West. The average household income in Phillips West is $50K.
What are the best public schools in Phillips West?
The best public schools that serve Phillips West are:
What are the best private schools in Phillips West?
The best private schools that serve Phillips West are:
What are the most popular zip codes in Phillips West, Minneapolis, MN?
The most popular zip codes in Phillips West, Minneapolis, MN include 55407, 55408, 55404, 55403 and 55405.
What are the most popular neighborhoods near Phillips West, Minneapolis, MN?
The most popular neighborhoods near Phillips West, Minneapolis, MN are Whittier, Ventura Village, Phillips, Central and Stevens Square.
Are home prices dropping in Phillips West?
Yes, home prices in Phillips West are down 31% in the last 12 months.

Home Trends in Phillips West, MN

Housing Trends

Median Sale Price
$113,500
Median Single Family Sale Price
$259,900
Median Townhouse Sale Price
$94,900
Average Price Per Sq Ft
$129
Number of Homes for Sale
4
Last 12 months Home Sales
10
Months of Supply
4.80
Median List Price
$108,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-47%
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