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$790,000
12 Beds 6 Baths 7105774 MLS
If you're looking to grow your investment portfolio or break into multifamily ownership through house hacking, this 4-unit property is worth a closer look. Located just minutes from downtown Minneapolis, this building offers a strong unit mix with two 3-bedroom units, one 2-bedroom unit, and one spacious 4-bedroom, 2-bath unit. The property is currently generating $108,000 in annual rental income with the following rents: Unit 1: 2 bed, 1 bath - $1,900/month ($22,800/year) Unit 2: 3 bed, 1 bath - $1,900/month ($22,800/year) Unit 3: 3 bed, 2 bath - $2,500/month ($30,000/year) Unit 4: 4 bed, 2 bath - $2,700/month ($32,400/year) All four units are currently occupied with tenants participating in the Housing Choice Voucher (Section 8) program. The 4-bedroom unit is expected to become available, creating an excellent opportunity for an owner-occupant to house hack while the other three units help offset the mortgage, or for an investor to lease it at market rent. The two upper units feature two-level floor plans with two bathrooms and updated kitchens. Each unit has its own furnace and dedicated water heater, and tenants pay their own gas and electric, helping reduce owner expenses. An oversized 2-car garage and additional off-street parking add even more value. The property is currently self-managed, with operating expenses available upon request. For qualified buyers, the sellers are also open to a Contract for Deed through their preferred lender with a minimum 20% down payment, subject to lender approval and mutually agreeable terms. Whether you're adding another cash-flowing property to your portfolio or looking for a smart way to live in one unit while the others help pay the mortgage, this is a rare multifamily opportunity in a convenient Minneapolis location.

2210 Oakland Avenue, Minneapolis

Listing courtesy of Pemberton RE.

$400,000
6 Beds 3 Baths 7102187 MLS
*Timeless Charm Meets Modern Functionality in the Heart of Minneapolis! Welcome home to this beautifully maintained 6-bedroom, 3-bathroom gem that perfectly blends classic character with everyday convenience. From the moment you step onto the inviting front porch, you'll fall in love with the warmth and charm this home has to offer. Inside, you'll be greeted by gorgeous hardwood floors, stunning original woodwork, and a spacious layout designed for comfortable living. The elegant formal dining room is perfect for hosting holiday gatherings or dinner parties, while the open kitchen offers abundant cabinet space and extra storage, making meal prep and entertaining a breeze. With six spacious bedrooms, there's room for everyone! The finished lower-level family room provides the perfect space for movie nights, a playroom, a home office, a workout area, or additional entertaining. Outside, enjoy the privacy of the fully fenced sideyard, ideal for kids, pets, gardening, or relaxing summer evenings. Fire pit & entertaining space! Located in one of South Minneapolis' most desirable neighborhoods, you'll love being just minutes from Powderhorn Park, scenic trails, local coffee shops, award-winning restaurants, neighborhood boutiques, and vibrant community events. Enjoy easy access to downtown Minneapolis, major highways, public transportation, lakes, and everything the Twin Cities have to offer. Homes with this much character, space, and location don't come along often! Whether you're looking for room to grow, a place to entertain, or simply a home filled with charm and history, this one truly checks all the boxes. Don't miss your opportunity to own this Minneapolis treasure—schedule your private showing today!

3048 Columbus Avenue, Minneapolis

Listing courtesy of Gold Door Realty LLC.

$395,000
6 Beds 3 Baths 7094932 MLS
Rare South Minneapolis Triplex Opportunity in the Heart of Longfellow/Cooper! Don’t miss this well-maintained and well-located triplex in the highly desirable Cooper neighborhood of South Minneapolis. This income-producing property features three separate units, each offering 2 bedrooms and 1 bathroom, providing strong rental appeal and flexible ownership options. The upper unit features beautiful hardwood floors and an additional porch room, while the side unit has been recently updated with new flooring and new bathroom plumbing. This property has recently seen several significant capital improvements, including a new roof, new main sewer line, plumbing, and updated furnaces—offering peace of mind and reducing major near-term expenses. With three separate forced-air furnaces and three water heaters, the building benefits from efficient independent utilities and simplified management. Situated on a corner lot, the property offers abundant off-street parking, basement storage, and owned coin-operated laundry for tenant convenience. The current tenants are month-to-month leases, with a unit available for an owner occupant. Whether you’re looking to expand your portfolio, owner-occupy, or house hack, this is an exceptional opportunity with immediate cash flow potential and long-term upside located in a vibrant neighborhood with excellent walkability to restaurants and shops.

3300 41st Avenue S, Minneapolis

Listing courtesy of Home Avenue Flat Fee Realty.

$699,900
6 Beds 7 Baths 7079398 MLS
TP Healy single family with ADU Fixer-Upper in progress has been partially restored over the past years by an architect and current owner. While currently zoned as a duplex, the home can easily be restored to a single family with an Accessory Dwelling Unit (ADU).  The incredibly spacious main floor includes a primary suite.  The 2nd floor includes 3 bedrooms plus a great room space.  Or the great room could be a primary suite and create a Primary Suite Wing that would include primary bedroom, bath, dressing room and breakfast/wet bar.  3rd floor is mostly finished and easily readied for occupancy. The property is available now (as-is): an opportunity to take part in this historical renovation. Original maple hardwood floors cover much of the 2+ stories (except kitchens and baths). Original millwork has been stripped of its aged and oxidized finish - some refinished, some not but all of it impeccably Healy and in remarkable condition.   Much has been completed: new roof, architectural shingles plus multiple flat roofs have been replaced September 2025.  New water heater. Extensive electrical (no remaining knob/tube wiring) and HVAC zoning have been accomplished - 4 furnaces/zones - dividing the building into custom zones is possible for everyone's comfort (one working AC). Much of the plumbing has been replaced. Many of the original light fixtures and hardware for the main level have been retained and are ready for reinstallation. All stained glass windows are present (most original to the house). The front porch balusters and rails have been retained for refinishing and reinstallation. Both front porch and sunroom have newer foundations; front porch fully excavated; sunroom is a crawl space. An architectural addition was built to accommodate back stairs from the ground/garage level to the second floor. There is also a shaft built for a future elevator. Many kitchen appliances have been partially installed but never used. ***Offered in "as is" condition, the price reflects a remarkable opportunity for restoration enthusiasts or investors seeking substantial upside potential. This impressive residence awaits a new chapter—ready to be transformed and cherished for generations.

1820 Colfax Avenue S, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$409,900
9 Beds 3 Baths 7075280 MLS
Excellent multifamily investment opportunity in a prime South Minneapolis location with long-term tenants! This well-maintained, large duplex at 2314 Portland Ave S, Minneapolis, MN 55404 offers spacious living arrangements with 5BR/2BA and 3BR/1BA units, separate entrances, and abundant off-street parking, a rare amenity in the urban core. The property combines strong functionality with excellent rental potential, making it ideal for both investors and owner-occupants seeking stable income and long-term appreciation. Spacious units, flexible layouts, and consistent tenant demand create an attractive opportunity in one of Minneapolis’ most accessible neighborhoods. Conveniently located near downtown Minneapolis, public transit, parks, restaurants, hospitals, and major employment corridors, this property offers outstanding connectivity and strong tenant appeal. Additional upside available through the City of Minneapolis 4D Affordable Housing Incentive Program, which can reduce property taxes by up to 40% annually if qualifying units are enrolled. The property is fully occupied with long-term tenants in place, providing stable and predictable income: Unit 1 (5BR/2BA): $2,050/month lease through May 31, 2027 Unit 2 (3BR/1BA): $1,750/month lease through March 31, 2027 Current Gross Rental Income: $3,800/month ($45,600 annually) Utilities: Trash & Water: $303.35/month Electric: $18/month Total Average Utilities: $321.35/month ($3,856 annually) Strong location, solid fundamentals, and future upside potential make this a compelling addition to any investment portfolio.

2314 Portland Avenue S, Minneapolis

Listing courtesy of Summit Realty LLC.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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