2601 Cedar Ave S

East Phillips is a vibrant, diverse neighborhood in Minneapolis offering strong opportunities for multifamily property investment. Just minutes from downtown, it’s well-connected via I-94, Hiawatha Avenue, and the METRO Blue Line, making it highly accessible for residents. The area features a mix of historic charm and modern redevelopment, with initiatives enhancing infrastructure, green spaces like East Phillips Park, and the Midtown Greenway. Its proximity to employment hubs, the University of Minnesota, and Hennepin Healthcare adds to its appeal, while a variety of retail and dining options reflect its multicultural identity. With affordable property prices, growing rental demand, and a focus on revitalization, East Phillips is an attractive market for investors seeking profitability and long-term value in a dynamic urban setting.Portfolio of 5 multifamily apartment buildings (combined total of 30 units) in the East Phillips neighborhood of Minneapolis. -Four of the five buildings are fully leased. -1521 E 25th is ready for a large value add opportunity, conditionally distressed with half of the units essentially gutted for rehab. -All properties available as a package or individually. -Multiple single family homes and duplexes on the same blocks are also available for sale.