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Phillips West Multifamily Homes & Duplexes for Sale

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  • /85

    $900,000

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

    2601 Portland Ave, Minneapolis, MN 55407

    Step into a rare opportunity with this architecturally grand Victorian triplex—originally built for Sylvester S. Cargill, brother of the founder of the Cargill Company—and steeped in Minneapolis history. Located just one block behind the American Swedish Institute and moments from Eat Street, Downtown, and major roadways, this property blends timeless elegance with forward-thinking

    Natasha Cejudo Lakes Sotheby's International Realty

    2601 Portland Ave, Minneapolis, MN 55407
  • /37

    $595,000

    • 6 Beds
    • 4 Baths
    • 3,529 Sq Ft

    627 E 28th St, Minneapolis, MN 55407

    An incredible opportunity awaits with this unique dual-property investment! This rare find includes two income-generating properties, offering multiple options—rent both for maximum returns or live in one while leasing the other to offset ownership costs.2801 Oakland Ave (Zoned R5) is a beautifully updated single-family home featuring 4 bedrooms and 2 baths with modern renovations throughout.

    Greg Lawrence HomeAvenue Inc

    627 E 28th St, 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.

Home Trends in Phillips West, MN

Housing Trends

Median Sale Price
$184,000
Median Single Family Sale Price
$275,000
Median Townhouse Sale Price
$104,950
Average Price Per Sq Ft
$146
Number of Homes for Sale
7
Last 12 months Home Sales
6
Months of Supply
14.00
Median List Price
$180,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-14%
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