We Buy Houses in Lowry Hill East (The Wedge): Rentals and Homes
The Wedge has a lot of rental housing, so many sellers here are landlords with tenants in place. Ryan reviews eligible rentals with a focus on leases, rent roll, rental license status, and fair access for walkthroughs.
- Named contact: Ryan Quade
- Property-specific review
- Written, itemized terms
- Twin Cities roots
- Property-specific review
- Written, itemized offer terms
- Sell as-is, no renovation project
- No obligation to accept any offer
Selling a Wedge Rental? Common Sticking Points
A Wedge rental on Bryant or Colfax with a historic overlay
You want to sell a converted house with tenants, and you just learned part of the block may sit inside a local historic district.
Why it happens here: The Lowry Hill East Residential Historic District covers parts of Colfax, Bryant, and Aldrich Avenues South, and most homes in the neighborhood are rentals with leases running.
What we do: Ryan confirms whether your address is inside the district, reviews leases and the rental license, and prices the rental as-is.
Repairs you don't want to take on
Listing prep can mean TISH items, paint, floors, or a roof. An as-is sale prices the condition instead of asking you to fix it.
Tenants, leases, or belongings inside
Occupied rentals and full houses add notice, access, and cleanout questions to every step.
A date that won't move
A new job, an estate deadline, or the next home sets the calendar. The sale has to fit around it.
Sale Options for Rentals and Converted Houses
Whatever brought you here, the review starts with your property. We buy houses across Minneapolis, so pick the situation closest to yours.
Most relevant here Rental Property
For landlords selling occupied or vacant rentals. We review leases, occupancy, access, and condition with respect for tenants.
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Sell As-Is
Skip repairs, staging, and repeated showings. Get a property-specific review and a written offer that explains every assumption.
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Inherited House
For heirs and authorized representatives who want to sell an estate property as-is, with belongings and condition handled honestly.
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Vacant House
For owners paying taxes, insurance, and upkeep on an empty home, including properties on the city's vacant building registry.
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Damaged House
For owners whose homes need significant repairs. We review damage that fits our actual buying criteria and explain how it affects the offer.
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House Cleanout
For owners overwhelmed by belongings or debris. Take what matters first; we explain how remaining items are handled in the agreement.
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Relocation Sale
For owners who need a sale to fit a move date, downsizing plan, or job change, including those who have already moved.
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Before Foreclosure
For owners behind on payments who want to understand whether selling is a realistic option. We explain the process, not outcomes.
Learn moreHow a Tenant-Occupied Sale Works
Each step is explained before it happens, and nothing is final until you accept a written offer.
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Step 1: Tell us about the property
Send the address and a few details. No cleaning or repairs needed to start.
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Step 2: Talk with Ryan
A direct conversation about your goals, timing, and what you already know.
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Step 3: Walkthrough and records
Condition, occupancy, and access, plus city and county records for the address.
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Step 4: Written offer
Price, buyer, costs, and contingencies in one document. No obligation to accept.
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Step 5: Closing on your dates
A title company handles title work, the settlement statement, and funds.
Why Wedge Landlords Talk With Ryan
- Leases, deposits, and rent roll reviewed before any offer
- Walkthroughs scheduled with proper tenant notice
- Rental license tier and inspection history checked up front
- Converted-house layouts evaluated on their own terms
- Written terms for assignment of leases and prorations
What Every Seller Can Expect From Us
We are a new business, so we won't show reviews we don't have. Here is what you can hold us to instead.
How an Offer Is Evaluated
- Comparable sales for similar Minneapolis properties
- Realistic repair scope
- Holding and transaction costs explained
What the Written Terms Explain
- Who the contractual buyer is
- Seller-paid vs. buyer-paid costs
- Contingencies before an offer is firm
What Happens After You Contact Ryan
- A direct conversation about your goals
- No pressure to accept
- Honest advice if listing fits better
Rentals in Lowry Hill East: What We Review
The Wedge Between Hennepin and Lyndale
Lowry Hill East gets its nickname from its shape: a wedge between Hennepin Avenue and Lyndale Avenue, running south toward the Midtown Greenway. It's not the same neighborhood as Lowry Hill to the north, and it's distinct from South Uptown. We keep the pages separate because the housing and the questions are different.
Street parking is tight on many blocks, especially near the commercial corridors. When we schedule a walkthrough of an occupied unit, Ryan works around tenant schedules and the notice your lease requires, and keeps visits short.
Old Houses Split Into Units, Duplexes, and Small Buildings
Much of The Wedge is older wood-frame housing: big homes divided into apartments, classic duplexes, and small walk-up buildings. That means the sale is often a tenant-occupied sale, with leases, deposits, and a Minneapolis rental license to review.
Ryan looks at the rent roll, lease end dates, how utilities are split, and the license tier and inspection history. Converted houses sometimes have layout quirks, like shared basements or back stairs, that affect both condition and how a buyer sees the property. Only eligible rentals are considered, and you'll know early if yours doesn't fit.
Local facts we check before an offer
- The Wedge developed in the 1880s along Thomas Lowry's streetcar line, and most of its housing is renter-occupied. (Source: Wikipedia)
- The Lowry Hill East Residential Historic District, designated in 2015, covers parts of the 2400 block of Colfax Avenue South and the 2300 and 2400 blocks of Bryant and Aldrich Avenues South. (Source: City of Minneapolis)
- Minneapolis rental licenses are not transferable; a buyer must apply for a new license within 60 days of closing. (Source: City of Minneapolis)
- Minn. Stat. 504B.178 requires a selling landlord to transfer security deposits to the buyer, or return them to tenants, within 60 days of the sale. (Source: Minnesota Statutes)
Lowry Hill East (The Wedge) on the Map
Map is approximate. Official neighborhood boundaries are published by the City of Minneapolis.
Landmarks
- Midtown Greenway
- Uptown Transit Center
Main roads and transit
- I-94
- Hennepin Avenue
- Lyndale Avenue
- Lake Street
- Uptown Transit Center
Guides for Your Situation
Start with the guide most relevant to this neighborhood, then learn how the process works.
Selling a Minneapolis Duplex With Tenants
Steps for selling an occupied Minneapolis duplex or two-flat: rent roll and leases, tenant access notice, TISH coverage, and owner-occupied vs. fully rented sales.
How It Works: From Inquiry to Closing
Each step of selling to a cash buyer in Minneapolis, from your first inquiry to closing day: what you provide, what Ryan reviews, and who is responsible for what.
Buying Criteria: Properties, Condition, and Occupancy We Review
See which property types, conditions, occupancy situations, and locations we review in Minneapolis, what makes a property a poor fit, and when listing is the better choice.
Questions From Wedge Owners
Can I sell my Wedge rental with tenants living there?
Often yes. Leases generally continue after a sale and transfer to the new owner. Ryan reviews the leases and plans access with proper notice.
Is Lowry Hill East the same as Uptown?
Lowry Hill East is its own official neighborhood, known as The Wedge. Uptown is an everyday name that covers parts of several neighborhoods.
Does my rental license transfer to the buyer?
No. A Minneapolis rental license stays with the owner, and the buyer applies for its own within 60 days of closing. Your current license status still matters, because it shows the units are legally rented today.
Do you buy converted houses with several units?
Duplexes and small multifamily properties are considered case by case, only where they fit our actual buying criteria.
What if one unit is vacant and needs work?
That's common. Condition and vacancy are reflected in the offer, and the occupied unit's lease stays in place.
Neighborhoods Near The Wedge
Each neighborhood page covers its own housing, records, and questions. Pick the one your address is in.
Get a Written Offer on Your Wedge Property
Tell Ryan about the property, its condition, and your timing. You'll get an honest read on whether it fits and what an offer would depend on.
- Sell as-is
- Itemized written offer
- Closing through a title company