Minneapolis MN Multi-Family Real Estate, Homes for Sale

The 2016 renovation went to the bones: new foundation, all new electric, plumbing and HVAC, a third floor and a full basement. Three of the four units were finished high-end, and the showpiece is a two-level 3bd/2ba with its own central A/C, a loft, heated tile bath and private balcony. The 2-bedroom is vacant 8/31, so an owner occupant can move in. The fourth unit is still original, and that is where the rest of the upside starts. Both 1-bedrooms are large and convert easily to 2-bedrooms, and the existing 2-bedroom is the same floor plan, so the conversion is already proven here. The lower level has a finished bathroom, an egress window and own meter, and needs a kitchen to become a fifth unit, taking the building from 7 bedrooms to as many as 10 (buyer to verify conforming use with the City). All rents are below market and both 1-bedrooms roll to month-to-month October 1, so there is value to capture day one. Four storage units not billed, porch, deck and 8 off-street parking.

2524 Jackson Street NE, Minneapolis

Listing courtesy of MRG Realty Partners, LLC.

$254,520

4 Beds ⋅ 2 Baths ⋅ 7102575 MLS

Affordable Two Story home located located in the heart of Northeast Minneapolis. This spacious offers 2462 finished square feet of comfortable. Nestled on private city lot with mature trees. Step inside and discover a bright, open floor plan that flows seamlessly for daily living. Nice size kitchen. Hardwood floors throughout. Flat backyard perfect for enjoying the outdoors and nature. The main level hosts 2 good sized bedrooms and a full bathroom, offering room for everyone. Upper level ready to move in or use as an income producing rental. Nice hardwood floors, spacious kitchen and updated clean bathroom. Attic and basement could be finished to add more value. Prime location in Northeast Minneapolis close to shopping and convenient to restaurants. Priced to sell don't miss out on this opportunity!

1535 Adams Street NE, Minneapolis

Listing courtesy of Keller Williams Classic Realty.

$529,999

11 Beds ⋅ 4 Baths ⋅ 7101570 MLS

Rare opportunity to own a well-maintained, turnkey fourplex in a desirable location! Whether you're looking to owner-occupy or expand your investment portfolio, this property offers exceptional value. Live in one unit while the rental income helps offset your mortgage and living expenses, or enjoy strong, consistent cash flow as a fully leased investment. The property has maintained 100% occupancy over the past year with outstanding tenants and currently generates $5,800 per month in rental income. Recent updates include a new water heater, adding peace of mind for the next owner. Additional amenities include a private off-street parking lot, providing convenient parking for tenants. This is a rare opportunity to purchase a move-in, rent-ready fourplex with a proven rental history and excellent income potential. Owner has just completed over 10k of insulation work in both upper level and basement.

1508 E 26th Street, Minneapolis

Listing courtesy of Bridge Realty, LLC.

$615,400

8 Beds ⋅ 3 Baths ⋅ 7101211 MLS

Great owner-occupant opportunity, 2223 Pleasant Avenue is a 3-unit building with two 3-bedroom units and one 2-bedroom unit on the top floor unit. Historic apartments near the Wedge and Whittier neighborhoods. This property features large living room and dining spaces, ample closets for storage, and covered communal porches and balconies to enjoy the seasons. This property is also close to the bus line. The apartments differ and can feature ceiling fans, hardwood floors, updated kitchen cabinetry, large pantry space, dishwashers, or fireplaces. Newer roofs, modern boilers, newer hot water heaters and updated electric. Front and back entries.

2223 Pleasant Avenue, Minneapolis

Listing courtesy of Metro Group Real Estate.

$519,900

6 Beds ⋅ 2 Baths ⋅ 7101168 MLS

Great owner-occupant opportunity, 2215 Pleasant Avenue is a 2-unit building with two 3-bedroom units and one unfinished, non-conforming 2-bedroom on the top floor unit. Value-add opportunity. Historic apartments near the Wedge and Whittier neighborhoods. This property features large living room and dining spaces, ample closets for storage, and covered communal porches and balconies to enjoy the seasons. This property is also close to the bus line. The apartments differ and can feature ceiling fans, hardwood floors, updated kitchen cabinetry, large pantry space, dishwashers. Newer roofs, modern boilers, newer hot water heaters and updated electric. Front and back entries.

2215 Pleasant Avenue, Minneapolis

Listing courtesy of Metro Group Real Estate.

$175,000

3 Beds ⋅ 2 Baths ⋅ 7099777 MLS

Excellent owner-occupant or investment opportunity! This duplex features two spacious units with separate entrances, offering flexibility for rental income or multigenerational living. Live in one unit while the other helps offset your mortgage, or add a solid cash-flowing asset to your investment portfolio. Conveniently located near parks, public transportation, shopping, and downtown Minneapolis. Don't miss this opportunity to build wealth through real estate.

810 30th Avenue N, Minneapolis

Listing courtesy of Tradewind Properties.

$875,000

12 Beds ⋅ 4 Baths ⋅ 7096745 MLS

Spacious fourplex in the Seward neighborhood! This massive fourplex has a true 3 bed and 1 bath each unit going from front to back! Both main level units have their own separate front & back entry. Each unit has their own front porch/balcony. Upper units share the back balcony. All units have the same floor plan and mirror each other. Each unit has access to control their own heat! It's how the boiler system was set up. Updates such as paint and some newer appliances installed to units through new ownership . Tons of parking in the back that can fit at least 8 cars. Coin-op washer, and free newer dryer to replace previous coin-op. Tenants are on year long leases and have renewed. All 4 units have 3 bedrooms and 1 full bathroom each! 3 storage units in the basement along with a huge owners storage unit. All units are fully leased!

3101 E 24th Street, Minneapolis

Listing courtesy of Engel & Volkers Minneapolis.

$700,000

11 Beds ⋅ 4 Baths ⋅ 7099371 MLS

Welcome to 812 7th Street SE, a rare investment opportunity in the heart of the historic Marcy-Holmes neighborhood—one of Minneapolis’s most sought-after locations and just steps from the University of Minnesota’s East Bank campus. Completely renovated in 2023 with new flooring, vinyl, and upgraded windows. This classic up/down duplex offers incredible space and flexibility. The main-level unit features 4 bedrooms and 2 bathrooms, while the upper unit includes 7 bedrooms and 2 bathrooms—both designed for comfortable living and strong rental potential. Each unit offers functional layouts with spacious common areas, ample natural light, and updated features that appeal to students and professionals alike. The property also includes off-street parking in back—an invaluable bonus in this high-demand area. Perfectly situated for easy access to the U of M, Dinkytown, Northeast Minneapolis, and the Stone Arch Bridge, this property places residents within walking distance of restaurants, coffee shops, trails, and the riverfront. Whether you’re an investor expanding your portfolio or an owner-occupant seeking rental income, this Marcy-Holmes duplex delivers location, size, and long-term value.

812 7th Street SE, Minneapolis

Listing courtesy of eXp Realty.

$399,900

8 Beds ⋅ 4 Baths ⋅ 7097803 MLS

Welcome to an incredible real estate opportunity in North Minneapolis’s desirable Camden neighborhood. This well-designed side-by-side duplex is the perfect fit for an owner-occupant or a sharp portfolio addition. Each generous unit features a hard-to-find 4-bedroom, 2.75-bathroom layout, providing exceptional space, comfort, and rental upside. No shared living walls above or below, and each side comes complete with its own private, individual garage. Live in one side and let the other pay your mortgage, or rent out both for maximum cash flow. Opportunity is knocking don't miss out!

3921 Lyndale Avenue N, Minneapolis

Listing courtesy of Compass.

$430,000

7 Beds ⋅ 4 Baths ⋅ 7090537 MLS

True Triplex in the central neighborhood. Unit #1 shows off 3 bedrooms/2 bathroom. Unit #2 has 3 bedrooms/1 bathroom and an office and unit #3 has 1 bedroom/1 bathroom. One of the three bedroom units may be available for an owner occupant. On the exterior it has a nice porch, vinyl siding and a 2 car garage. Check with the city as there might be a chance to add a fourth unit in the basement. The basement has high ceilings, lots of space and plumbing roughed in. Each unit has their own gas and electric. There is a house gas and electric also. Coin operated machines and all appliances stay with the property at time of sale.

3033 Park Avenue S, Minneapolis

Listing courtesy of Side by Side Realty LLC.

$399,900

6 Beds ⋅ 2 Baths ⋅ 7096627 MLS

Located in the heart of NE Minneapolis, this spacious duplex sits in one of the city’s most sought-after neighborhoods for multifamily investors. Enjoy consistently strong rental demand, walkable access to local shops and restaurants, and close proximity to the NE Arts District, breweries, and downtown Minneapolis. This prime location supports higher achievable rents and long-term appreciation, offering a solid investment opportunity in a vibrant, high-growth area. Perfect for owner-occupy or local investors looking to expand their portfolios!

2313 Polk Street NE, Minneapolis

Listing courtesy of Real Broker, LLC.

$550,000

12 Beds ⋅ 4 Baths ⋅ 7052878 MLS

Solid well maintainted all brick 4 plex in Whittier neighborhood. Newer windows/roof/soffits - all brick building - separate boilers/hot water and electric meters for each unit in full - unfinished basement. Extra large paved parking lot for up to 8 cars. Opportunity to expand investor portfolio - solid building with room to enhance and update units to command higher rents. One unit will be available in August for potential owner occupied. 24 hour notice REQUIRED - Lot and COMMON AREAS ONLY FOR FIRST SHOWING.

2621 2nd Avenue S, Minneapolis

Listing courtesy of Coldwell Banker Realty.

$499,500

5 Beds ⋅ 3 Baths ⋅ 7095025 MLS

Exceptional investment opportunity with this charming up-and-down duplex offering spacious living, timeless character, and thoughtful updates throughout. The main-level unit features 2 bedrooms, 1 full bathroom, beautiful hardwood floors, a dedicated pantry area, and access to a welcoming front sun porch - perfect for morning coffee or relaxing evenings. The updated kitchen is equipped with stainless steel appliances, blending style and functionality. The upper-level unit offers an expansive layout with 3 bedrooms, 2 bathrooms, and additional finished living space on the third floor, providing flexibility for a home office, family room, guest space, or recreation area. The kitchen also features upgraded stainless steel appliances, creating an attractive and modern living environment. Main unit has month to month lease at $1,800/mo (tenant pays gas & electric). Top vacant unit estimated income is $2,400/mo (tenant pays gas & electric). Total gross revenue if fully leased is estimated at $50,400. The lower level includes shared laundry facilities and ample storage space for both units. Whether you're looking to expand your investment portfolio or owner-occupy while generating rental income, this well-maintained duplex offers versatility, strong rental appeal, and comfortable living spaces for tenants and owners alike.

1539 Washington Street NE, Minneapolis

Listing courtesy of Fox Realty.

$364,900

6 Beds ⋅ 2 Baths ⋅ 7094459 MLS

Fantastic duplex in prime Minneapolis location. Separate utilities, hardwood floors, spacious 3 BR units with large 2+ Car garage, patio, and fenced backyard. Located a short walk/bike ride to Powderhon Park, bike paths, bus line and countless dining options. Great opportunity owner occupied or for savvy investor!

3509 Columbus Avenue, Minneapolis

Listing courtesy of Lino Lakes Real Estate Group.

$360,000

2 Beds ⋅ 2 Baths ⋅ 7094390 MLS

Rare opportunity to own a cash-flowing Northeast duplex with reduced taxes (only $1,111.50!) and built-in rent growth. Ideal for both owner-occupants and investors, with a flexible layout featuring a 1-bedroom upper unit with a non-conforming 2nd bedroom in the attic and 1-bedroom main-level unit. Current rents provide solid cash flow with built-in annual increases, while the City of Minneapolis 4D program delivers meaningful tax savings for the next two years. Owner-occupants can offset their mortgage by renting one unit, while investors benefit from stable, predictable income in a high-demand Northeast location. Opportunity to increase value over time as 4D program restrictions expire. Property includes a 1-car garage and is well positioned steps from the best of Northeast. Walking distance to coffee shops (Dogwood Coffee, Spyhouse Coffee Roasters), breweries (Bauhaus Brew Labs, Earl Giles, Indeed Brewing Company, Sociable Cider Works), restaurants (Centro, Chimborazo, Sample Room, Stanley's Northeast Bar Room), and more. Walk to Logan Park and Beltrami Park, with easy access to Boom Island’s riverfront trails.

671 Spring Street NE, Minneapolis

Listing courtesy of Compass.

$520,000

6 Beds ⋅ 3 Baths ⋅ 7095120 MLS

Unique South Minneapolis 4plex available now. Great location right between US Bank Stadium and Powderhorn Park. Close to everything with easy freeway access. Two large 3-bedroom units and two spacious studio apartments. Separate electric, separate gas, separate water heaters, and separate furnaces for all 4 units and common areas. Recently rehabbed with fresh finishes and updates to each unit and all common areas including hallways and basement. Units are well laid out with high ceilings and lots of natural light. New vinyl flooring, new carpet, and refinished hardwood flooring throughout the entire property. All windows are efficient vinyl with double pane glass. All brick exterior in great shape, exterior trim features maintenance free aluminum and vinyl siding. Rare custom carved stone accents throughout exterior are in excellent condition and provide unique charm. Large basement features multiple private access points for potential expansion. Units are in turn-key condition ready for occupants. Rent values are roughly $2,000 for the 3 bed units and $1,000 for the studios. Total estimated rent value of $6,000 per month. Excellent opportunity for investors seeking cashflow and owner occupier buyers seeking an opportunity to cover the mortgage with rents. Book your showing ASAP.

2106 Elliot Avenue, Minneapolis

Listing courtesy of Bridge Realty, LLC.

$260,000

4 Beds ⋅ 2 Baths ⋅ 7095157 MLS

Back on Market. FHA Approved, Clear to Close, all FHA Inspection done, Repairs Done. Completely rehabbed duplex with 3 bed 1 bath on lower level. 1 bed / 1 bath on upper. Everything is NEW. New windows thruout, new flooring, new paint ( even all new dry wall ), outside paint, new furnace for main level, new baseboard heating for upper unit. Garage has 2 new doors and new utility door. Bathrooms are both completely rehabbed. New appliances. All has been inspected by city of MPLS, and ready to move in/rent. Perfect for owner occupant.

611 24th Avenue N, Minneapolis

Listing courtesy of Ashworth Real Estate.

$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.

$689,000

4 Beds ⋅ 2 Baths ⋅ 7093893 MLS

Wonderful side-by-side duplex just steps from Cedar Lake, Lake of the Isles, the Grand Rounds Scenic Byway, and the Kenilworth Trail system—one of Minneapolis’ most coveted outdoor corridors. Situated among beautifully maintained homes along Benton Blvd, this property offers an exceptional blend of location, lifestyle, and long-term value. Each unit features vaulted main-floor ceilings with skylights, creating bright, airy living spaces. The walkout lower-level family rooms, each with a free-standing gas fireplace, provide comfortable additional living space with direct access to the outdoors. Upstairs, both units include two rear-facing bedrooms overlooking the backyard, offering privacy and peaceful treetop views. A rare opportunity to own a well-designed duplex in a premier lakes-area setting—ideal for owner-occupants, investors, or those seeking a flexible living arrangement near Minneapolis’ most iconic natural amenities. Seller is willing to consider Contract for Deed buyer financing with acceptable terms.

2918 Benton Boulevard, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$549,900

4 Beds ⋅ 2 Baths ⋅ 7091892 MLS

Exceptional Up/Down Duplex Near Lake Harriet & Minnehaha Creek. Discover a rare opportunity to own a charming and versatile duplex ideally located on the corner of 53rd Street and Penn Avenue, just one block from scenic Minnehaha Creek and only five blocks south of Lake Harriet. This property features two spacious units, each offering a thoughtfully designed layout that includes a bright living room, formal dining room, full kitchen, two bedrooms, one full bathroom, and a cozy fireplace. The main-level unit showcases beautiful hardwood floors throughout, while the upper unit is comfortably carpeted, providing an added layer of quiet and privacy for tenants. Each unit includes its own garage stall, adding convenience and value for occupants. The unfinished lower level presents outstanding expansion potential and includes an additional fireplace—bringing the total to three fireplaces throughout the home. Whether you're an investor seeking strong rental income, an owner-occupant looking to offset expenses, or exploring short-term rental opportunities such as Airbnb, this property offers exceptional flexibility. Current rents are below market, presenting immediate value-add potential.Enjoy an unbeatable lifestyle with easy access to nearby beaches, popular biking and walking trails, and neighborhood favorites like Broders’ Pasta Bar, Nico’s Tacos, and more — all just minutes away. A unique blend of location, character, and income potential—this is one you won’t want to miss.

5300 Penn Avenue S, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$405,000

6 Beds ⋅ 2 Baths ⋅ 7093682 MLS

Welcome to an incredible opportunity in the sought-after Como neighborhood of Southeast Minneapolis! This charming two-story up/down duplex, constructed of durable stucco and brick, is an ideal investment or owner-occupant property. Perfectly situated close to a college campus, public transit, shops, trails, and more, this location ensures convenience for tenants and owners alike. The duplex boasts updated flooring and fresh paint throughout, making it move-in ready and in great shape for a new owner. Each unit features a large floor plan with 3 generous bedrooms per unit, a kitchen, and a bathroom, providing ample space for comfort and functionality. Enjoy plenty of parking available in the rear, a valuable perk in this vibrant neighborhood. The property is equipped with newer boilers and numerous updates, reducing maintenance worries and enhancing energy efficiency. This duplex is a fantastic investment in an area that attracts long-term tenants, or it can be a lovely home for an owner-occupant. Don’t miss out on this rare opportunity to own a well-maintained property in a thriving community! Schedule your showing today! Monthly rent amounts range per month for 3 bedroom units $1,800-$2,600 per month per unit in this area currently. Tenants pay gas and electric, landlord pays water and trash

1094 25th Avenue SE, Minneapolis

Listing courtesy of Mitchell Realty LLC.

$314,900

4 Baths ⋅ 7093344 MLS

909 27th Ave. NE, Minneapolis

Listing courtesy of eXp Realty.

$469,950

6 Beds ⋅ 4 Baths ⋅ 7087862 MLS

Four-unit property with Northeast character in a great location of the Beltrami neighborhood. Grocery stores, restaurants, breweries, and the University of Minnesota all in close proximity. All units are currently rented month-to-month with long-term tenants in place. The property includes two 2-bedroom units on the upper floor and two 1-bedroom units on the main level. Unit 1 was originally a neighborhood storefront during the roaring ’20s, adding a colorful chapter of local history to the property. Additional income opportunities include rent growth, RUBS implementation, monetizing the 5 garage spaces, and pet rent (building is dog-friendly). Large lot with yard adds further tenant appeal. Unit 1 - 672 sqft (1BR/1BA) – $1,000 Unit 2 - 588 sqft (1BR/1BA) – $950 Unit 3 - 672 sqft (2BR/1BA) – $1,050 Unit 4 - 588 sqft (2BR/1BA) – $1,000 Building Improvements: Roof: New in 2017 Garage Roof: New 2026 Boiler: New in 2013 Plumbing: Supply lines, PEX, 2013 Water Heaters: Replaced in 2013 Operating Expense Taxes: $9,381 Water + Solid Waste: $4,131 Insurance: $2,481 Gas : $2,769 Electric: $500

456 Buchanan Street NE, Minneapolis

Listing courtesy of Lifestyles.

$474,900

4 Beds ⋅ 2 Baths ⋅ 7091972 MLS

Rare opportunity to own a classic up/down duplex in the heart of Minneapolis' highly sought-after Prospect Park neighborhood. Whether you're looking to offset your mortgage with rental income or add a strong-performing asset to your investment portfolio, this property offers outstanding flexibility and long-term potential. Filled with timeless character, both units feature impressive 9-foot ceilings, original hardwood flooring, beautiful wood built-ins, detailed millwork, and abundant natural light. The upper unit boasts a remodeled kitchen with stainless steel appliances, while additional spaces including a charming sunroom/porch, private balcony, unfinished third-floor attic, and expansive basement provide exceptional storage. Major mechanical updates include a boiler (2018), two water heaters (2020), and exterior painted (2026). A half-circle paver driveway accessible from the alley offers convenient off-street parking in addition to ample street parking. Located in one of Minneapolis' most desirable urban neighborhoods, this property is just blocks from the University of Minnesota, Green Line light rail, bus routes, parks, restaurants, coffee shops, and local retail. Easy access to I-35W and I-94 makes commuting throughout the Twin Cities a breeze. With strong rental demand, historic charm, and an unbeatable location, this Prospect Park duplex presents an exceptional opportunity for both investors and owner-occupants alike.

129 Arthur Avenue SE, Minneapolis

Listing courtesy of Roseville Realty.

$517,000

4 Beds ⋅ 2 Baths ⋅ 7086461 MLS

Charming up/down duplex in the heart of King Field, with the classic features and finishes that set this era apart, including built-ins, hardwood floors, and solid craftsmanship. Each unit has a spacious living and dining room, kitchen, sun room, two bedrooms, and a full bath. Two garage spaces and additional off-street parking in the rear. Walkable to restaurants and shops, and a short bike ride to the lakes.

3827 Blaisdell Avenue, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$425,000

5 Beds ⋅ 3 Baths ⋅ 7091487 MLS

Spacious Bryant duplex offering the flexibility and opportunity that owner-occupants and investors alike are looking for. With more than 2,600 finished square feet, both units feature generously sized living and dining areas, abundant natural light, and room sizes rarely found in today's multifamily properties. The main-level unit offers 2 bedrooms and 1 bath, beautiful hardwood floors, and opportunity for immediate owner occupancy. The upper unit spans two levels with 3 bedrooms and 2 baths, creating a layout that lives much like a single-family home. Updated kitchens and baths, a detached two-car garage, shared laundry, and a corner lot add to the property's appeal. Whether you're looking to offset your mortgage with rental income, occupy one unit while leasing the other, or expand your investment portfolio, this property offers a rare combination of space, character, and versatility in the heart of South Minneapolis.

3954 Portland Avenue, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$320,000

4 Beds ⋅ 2 Baths ⋅ 7088871 MLS

Enjoy an affordable investment opportunity or owner-occupied gem! This charming duplex features two spacious two-bedroom, one-bath units—perfect for those looking to live in one unit while earning rental income from the other, or an investors next cash flow property. Don’t miss this chance to secure a versatile property in a desirable location—schedule your showing today! Enjoy being moments from Powderhorn Park just blocks away!

3602 Bloomington Avenue, Minneapolis

Listing courtesy of Lakes Sotheby's International Realty.

$305,000

4 Beds ⋅ 2 Baths ⋅ 7080138 MLS

Exceptional investment opportunity in Minneapolis' growing Hawthorne neighborhood! This well-maintained duplex is ideal for both owner-occupants and investors seeking strong cash flow and long-term appreciation. Major updates completed in 2021-2022 include a new roof, furnace, water heater, walkway, stairs, and retaining wall, providing peace of mind and reduced maintenance costs for years to come. The property is currently generating solid rental income, with Unit 1 rented at $1,250/month and Unit 2 rented at $1,575/month. Located in an area experiencing significant reinvestment and growth, this property is surrounded by new development activity, including a brand-new construction duplex valued at approximately $450,000 being built next door. Additional new construction projects have recently been completed nearby, further enhancing the neighborhood's appeal and future value. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a stable, income-producing asset to your portfolio, this duplex offers a rare combination of cash flow, updates, and upside potential. Don't miss your chance to own in one of North Minneapolis' emerging neighborhoods!

2915 N 3rd Street, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$288,000

6 Beds ⋅ 3 Baths ⋅ 7090981 MLS

Newer window and roof in 2017 ; Granite counter top in the kitchens ; New AC. New paints and Brand new Bath in the second floors .Great location . Easy access to Downtown ,Mid-town Global Market, hospitals, highway access 94 and 35

1912 Columbus Avenue, Minneapolis

Listing courtesy of Partners Realty Inc..

$359,900

3 Beds ⋅ 2 Baths ⋅ 7064636 MLS

This fully updated South Uptown duplex offers a clean, turnkey opportunity for owner-occupants or investors. Every space has been refreshed with new flooring, fresh paint, and updated lighting throughout. Both units feature open floor plans and renovated kitchens outfitted with brand-new cabinets and appliances. The main-level unit includes 2 bedrooms and 1 bath, while the bright upper unit offers 1 bedroom and 1 bath. Practical upgrades include new windows, freshly painted front and back porches, and separate washer/dryer sets in each unit. The mechanicals are set up seamlessly with split electrical utilities and individual 100-amp panels. Roof replaced in 2025. Located in a highly walkable neighborhood, the property sits just blocks from local parks, shops, restaurants, and Bde Maka Ska.

3429 Aldrich Avenue S, Minneapolis

Listing courtesy of RE/MAX Results.

$350,000

4 Beds ⋅ 2 Baths ⋅ 7088000 MLS

Excellent investment opportunity in the heart of Northeast Minneapolis’ vibrant Arts District! This up-and-down duplex offers strong rental potential. Each unit features 2 bedrooms, 1 full bath, and separate entrances, providing flexibility and privacy for tenants. Updated thorough out, the both units have new floors and trim, interior stairs have been painted as well! Updates also include the HVAC, Roof, & Windows. The baths, kitchens & appliances were updated. Truly turn-key! Situated at the end of a quiet cul-de-sac, the property boasts a spacious yard that borders a park, creating a unique setting rarely found in the city. Off-street parking is available via the shared driveway with access to the backyard. Enjoy a highly walkable location just steps from Northeast’s popular restaurants, breweries, galleries, and local shops, making this an attractive opportunity for both investors and owner-occupants.

826 20th Avenue NE, Minneapolis

Listing courtesy of Coldwell Banker Realty.

$384,900

6 Beds ⋅ 2 Baths ⋅ 7087225 MLS

Incredible Investment Opportunity! Very Clean Duplex! Very Close to the University of MN! Multiple Restaurants, Breweries, Shopping, and Easy Access to the Freeway! Both Units are 3 Bedroom, 1 Bathroom, with a Kitchen, Dining, and Living Room. Total of 6 Bedrooms and 2 Bathrooms. The Lower Level has Been Completely Renovated, Including New Kitchen Cabinetry, New Vinyl Plank Flooring, New Bathroom Vanity, New Carpet, and a New A/C Unit. The Updates on the Upper Level Include New Carpeting 4 Years Ago, New Paint, New Bathroom Vanity, and New Kitchen Flooring.

904 9th Avenue SE, Minneapolis

Listing courtesy of Chestnut Realty Inc.

$150,000

3 Beds ⋅ 2 Baths ⋅ 7086573 MLS

Recent updates include: Furnace 2020, Plumbing updated 2013, electrical updated 2013.

3614 Russell Avenue N, Minneapolis

Listing courtesy of eXp Realty.

$399,900

5 Beds ⋅ 3 Baths ⋅ 7083267 MLS

Unique Triplex with 3 units fully occupied and eligible for FHA loan assumption for an owner-occupant! Enjoy the peaceful backyard that is fully enclosed with a wooden fence and features a patio. Perfect for dog owners. This building has plenty of space including a partially finished full basement, a 12x12 flex room in the backyard and a workshop attached to garage. Units have been nicely maintained and are rent ready! This is the perfect spot for an owner who would like to cut their living expenses by occupying 1 unit. $3725.00 gross monthly rents. Front unit adjacent to the street is licensed as an accessory dwelling unit.

3241 Cedar Avenue S, Minneapolis

Listing courtesy of RE/MAX Results.

$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.

$389,900

7 Beds ⋅ 3 Baths ⋅ 7074993 MLS

Public Remarks: Fantastic investment opportunity in the desirable Central neighborhood of South Minneapolis! This classic triplex blends timeless character with solid income potential and long-term upside. The property features updated mechanicals, newer vinyl thermopane windows, and three income-producing units currently rented at $1,575, $1,590, and $1,000 per month. Located in a highly walkable and bike-friendly area near transit, parks, restaurants, and the Midtown Greenway, this property offers strong tenant appeal and convenient access to everything South Minneapolis has to offer. Ideal for an owner-occupant seeking supplemental rental income or an investor looking for a stable multifamily asset in the urban core. Opportunity to convert currently rented nonconforming unit to conforming through the addition of an exterior staircase. Additional financial 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. Strong cash flow, classic charm, and future upside make this a compelling opportunity in one of Minneapolis’ most connected neighborhoods.

3605 S 3rd Avenue, Minneapolis

Listing courtesy of Summit Realty LLC.

$744,900

12 Beds ⋅ 4 Baths ⋅ 7075302 MLS

Excellent opportunity to acquire a South Minneapolis multifamily portfolio with strong long-term upside potential in desirable urban neighborhoods. Properties offer a mix of stable cash flow, value-add opportunities, and proximity to transit, parks, restaurants, and major employment centers. Ideal for investors seeking scale, operational efficiency, and long-term appreciation within the Minneapolis urban core. Public Remarks: Exceptional investment opportunity in the heart of South Minneapolis! This well-maintained 4-plex at 3500 1st Ave S, Minneapolis, MN 55408 features four large 3-bedroom, 1-bath units with updated kitchens, stainless steel appliances, and separately metered utilities for streamlined management and tenant convenience. The property generates strong rental income with average rents of approximately $1,600 per month per unit, plus additional garage income from the detached 3-car garage at $75 per stall monthly. Spacious layouts, functional floorplans, and consistent rental demand make this an attractive long-term hold with excellent cash-flow potential. Ideally located near transit, restaurants, parks, shopping, and major Minneapolis amenities, this property offers both convenience and strong tenant appeal in a highly sought-after urban location. Additional upside potential through the City of Minneapolis 4D Affordable Housing Incentive Program, which allows a new owner to reduce property taxes by up to 40% annually by enrolling qualifying units. Perfect opportunity for investors seeking stable income and long-term appreciation or an owner-occupant looking to offset housing costs with substantial rental revenue.

3500 1st Avenue S, Minneapolis

Listing courtesy of Summit Realty LLC.

$384,900

8 Beds ⋅ 2 Baths ⋅ 7083925 MLS

Modern convenience meets old world charm. Excellent opportunity to own a historical south Minneapolis home. Boasts gleaming hardwood floors, woodwork and built-ins. Excellent for owner occupant or investment. Convenient access to freeway access, downtown and MSP airport. You won't want to miss this one. Updates include new roof in 2023. New siding 2022, New garage doors in 2023 and new washer and dryer in 2024

2740 16th Avenue S, Minneapolis

Listing courtesy of Roseville Realty.

$500,000

4 Beds ⋅ 4 Baths ⋅ 7082395 MLS

Classic Powderhorn fourplex offering split utilities, enduring original character, and consistent rental demand in one of South Minneapolis’ most established neighborhoods. Situated on a corner lot just blocks from Powderhorn Park, this well-maintained property features four spacious 1-bedroom, 1-bath units with separate gas and electric, individual furnaces and water heaters, shared laundry, off-street parking, and a detached two-stall garage. Each unit retains the architectural details that continue to support long-term rental appeal, including original hardwood floors, built-in buffets, natural woodwork, and. enclosed porches that provide additional functional living space. Recent improvements include fresh exterior paint, new gutters, updated LED lighting throughout, electronic locks, updated landscaping, shared laundry with new washer and dryer, and a new water heater. The property offers stable in-place income with additional upside potential through future improvements over time. Additional features include basement storage lockers, rear deck access, and four off-street parking spaces in addition to the garage. Conveniently located near Powderhorn Park, transit, bike trails, downtown Minneapolis, and neighborhood dining and retail, this is an opportunity to acquire a well-positioned Minneapolis multi-family asset in a consistently strong rental corridor.

3400 Elliot Avenue, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$335,000

3 Beds ⋅ 2 Baths ⋅ 7081579 MLS

Thoughtfully renovated up-down duplex in the heart of Longfellow offering a rare opportunity for both investors and owner-occupants alike. Updated inside and out, this turnkey property blends classic Minneapolis character with extensive 2025 improvements, including a new roof, gutters, exterior paint, landscaping, fencing, added A/C, and more. The upper unit offers a private 1 bedroom, 1 bathroom layout with its own entrance, updated kitchen and bath, and flexible month-to-month occupancy ideal for future flexibility. Both units include in-unit laundry, fresh paint, updated lighting, smart locks, blackout bedroom blinds, and thoughtfully selected finishes. Bathrooms have been fully refreshed with new tile flooring, shower surrounds, vanities, mirrors, lighting, and fixtures. Located just blocks from the Mississippi River, neighborhood parks, trails, local restaurants, and light rail access, this move-in-ready duplex offers a rare combination of character, updates, and convenience in one of Minneapolis’ most connected neighborhoods.

3609 E 42nd Street, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$849,900

8 Beds ⋅ 4 Baths ⋅ 7081567 MLS

Renovated duplex with TWO multi-level 4 bedroom, 2 bath units! Perfect for an owner-occupant or Air BNB one of the units or rent out both units. Beautiful old world charm including natural woodwork, leaded windows, fireplaces, 3 season porches and built-in's. The main floor owner's unit has newly refinished hardwood floors, a renovated kitchen w/ quartz counters, stainless appliances and a butlers' pantry w/ custom enameled cabinetry. 2 main floor bedrooms and a renovated full bath w/ hex floor tile and subway tub surround. The light filled lower level features a family room, 2 additiional bedrooms and a renovated full bath. The upper level is the 2nd and 3rd floors. The 2nd floor layout is identical to the main floor. The 3rd floor features a kitchenette, 2 bedrooms, Family room/flex space and a 3/4 bath. Immaculated exterior with new double hung windows, new porch combination windows, 2 year old roof/siding/window wraps. RARE driveway + alley with 2 car detached garage and plenty of room to park at least 3+ additional cars. Separate utilities for each unit including wall mounted boilers/water heaters. Home warranty included.Main floor is currently vacant and ready to show. 2nd/3rd floor unit is currently rented til 8/31/2026 and is available for 2nd showings with a 24 hour notice.

2441 Dupont Avenue S, Minneapolis

Listing courtesy of Edina Realty, Inc..

$749,900

7 Beds ⋅ 4 Baths ⋅ 7081555 MLS

Spacious multi-level triplex in a prime South Minneapolis location. Built in the Tudor Revival style in 1900, each updated unit offers original character, period built-ins, and generous living spaces. Together, the property features 7 bedrooms, 4 baths, in-unit laundry, and separate mechanicals. Bright layouts with great natural light and strong rental appeal. Excellent walkability to transit, parks, and city amenities. A rare investment opportunity with substantial space and long-term upside.

2700 Pillsbury Avenue S, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$1,895,000

5 Beds ⋅ 4 Baths ⋅ 7076186 MLS

Perched high above Lake Harriet, this exceptional three-unit multifamily property presents a rare opportunity to own a thoughtfully renovated asset in one of Minneapolis' most coveted locations. Showcasing sweeping lake views and timeless architectural character, each residence has been meticulously remodeled to blend modern comfort with enduring charm. The property offers three distinct living spaces, each featuring updated kitchens, refreshed bathrooms, stylish finishes, and carefully curated design elements throughout. Expansive windows capture natural light and picturesque views of Lake Harriet, creating an inviting atmosphere for residents and guests alike. Whether you're an investor seeking a turnkey income-producing property or an owner-occupant looking to enjoy a premier lakefront lifestyle while generating supplemental income, this offering delivers unmatched versatility. Situated just steps from the lake's walking and biking trails, parks, dining, and neighborhood amenities, residents enjoy an unparalleled connection to one of Minneapolis' most vibrant and desirable communities. A truly unique opportunity to acquire a fully remodeled trophy property overlooking Lake Harriet, where location, lifestyle, and investment potential converge.

4214 Queen Avenue S, Minneapolis

Listing courtesy of Prudden & Company.

$374,900

4 Beds ⋅ 2 Baths ⋅ 7082009 MLS

Nestled on a mature tree-lined street in Whittier, this 1905 up/down duplex sits moments from Lake of the Isles, the Walker Art Center, The Wedge Co-op, Spyhouse Coffee, and The Leaning Tower of Pizza. The kind of charm you can't fake, and a location with perks. This is the perfect opportunity for an owner-occupant just getting in the game, someone wanting to offset their mortgage, or an investor ready to add a turnkey duplex to their portfolio. Here's what makes it easy: separate boilers, separate electric, separate hot water heaters. Tenants pay their own gas and electric. You handle water, sewer, and trash. Sewer line recently cleaned and in good condition. Off-street parking, fenced yard, shared laundry in the basement. Live in one, rent the other. Rent both and let it pay for itself. House hack your way into something you actually own. However you use it, the math works and the options are real.

2305 Garfield Avenue, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$640,000

5 Beds ⋅ 3 Baths ⋅ 7081127 MLS

Just three blocks from beautiful Bde Maka Ska, this charming 1905 up/down duplex blends classic character with thoughtful updates in an unbeatable location. The main level unit features 2 bedrooms, including one with a dedicated office space separated by French doors - perfect for working from home. Enjoy hardwood floors throughout, a bright and spacious living room, and an oversized kitchen complete with a breakfast bar, eat-in dining area, and convenient built-in laundry. Just off the kitchen, a sunny three-season porch wrapped in windows offers the perfect spot to relax. The upper unit offers a unique and versatile layout with 3 bedrooms and 2 bathrooms. The second level includes a large living room, full bathroom, and two bedrooms, along with a kitchen featuring newer luxury vinyl flooring, eat-in space, and in-unit laundry. The connected third level adds a private bedroom, ¾ bathroom, and open flex space - ideal for an office or additional living area. Major updates include roof, siding, and water heater (2022), plus A/C mini splits added the same year for modern comfort. Outside, enjoy a fully fenced backyard and dedicated parking spaces off the alley. This property was formerly a triplex with a non-conforming lower-level unit and is now zoned as a duplex. Buyers are encouraged to verify with the City of Minneapolis the potential to convert the lower level into an ADU with owner occupancy. With exceptional walkability to restaurants, shops, lakes, and trails, this property is a fantastic opportunity for both owner-occupants and investors alike!

3035 Irving Avenue S, Minneapolis

Listing courtesy of Compass.

$825,000

10 Beds ⋅ 8 Baths ⋅ 7079275 MLS

A rare turnkey 2005-built triplex, with an extra studio/storage space, in one of Minneapolis's most in-demand rental submarkets — this property offers investors a stabilized asset with strong, consistent rents across all four units. The property has had zero vacancies in five years, and strong tenant quality and rental history make it a proven income producer from day one, not a projection. Current gross rents total $7,650 per month, or $91,800 annually. There's also a clear value-add lever: water can be separately metered so tenants cover their own usage, immediately improving NOI. Built in 2005, the property is newer construction than most of the surrounding rental stock, meaning lower near-term capex risk on major systems, and all the units feature modern kitchens, updated baths, and in-unit laundry — amenities that support premium rents and tenant retention. Located within walking distance to Uptown's restaurants, retail, and transit, the property benefits from the kind of walkability that keeps this submarket in consistent demand and supports long-term appreciation. With stabilized cash flow and a clear expense-reduction opportunity, this property offers rare in-place income in one of Uptown's tightest rental markets.

3514 Grand Avenue S, Minneapolis

Listing courtesy of Real Broker, LLC.

$749,900

4 Beds ⋅ 4 Baths ⋅ 7070805 MLS

Exceptional opportunity to own a well-maintained duplex in one of Minneapolis' most sought-after neighborhoods, just a block from the shores of Bde Maka Ska and near Thomas Beach. Whether you're an investor or owner-occupant, this property offers an unbeatable combination of location, character, and recent mechanical updates. Both units feature beautiful hardwood floors, classic fireplaces, spacious layouts, and abundant natural light, blending original character with comfortable everyday living. Significant improvements include a new roof-2024, new A/C for both units-2025, a new furnace for Unit 2508 in 2025, and Unit 2510 in 2024. Enjoy easy access to walking and biking trails, parks, restaurants, coffee shops, shopping, and public transportation, with a bus stop conveniently located nearby. Properties in this prime Southwest Minneapolis location rarely become available, making this an outstanding opportunity for long-term investment or owner-occupied living close to the city's premier lake and recreation amenities.

2508 W 39th Street, Minneapolis

Listing courtesy of RE/MAX Advantage Plus.

$299,000

3 Beds ⋅ 2 Baths ⋅ 7076832 MLS

Great duplex in a vibrant neighborhood next to Matt's Bar and close to so many conveniences! Main level 1-BR apartment and upper level has 2 BR's. Each unit has its own laundry and there are 3 off-street parking spaces. Strong opportunity for both owner-occupants and investors.

3504 Cedar Avenue S, Minneapolis

Listing courtesy of National Realty Guild.

$439,000

6 Beds ⋅ 2 Baths ⋅ 7067628 MLS

Classic duplex with plenty of space for an owner occupant to rent the other unit or a solid investment property! Both units have 3 bedrooms with an additional bedroom in the lower level. Recent upgrades include: Refinished bathrooms, some newer windows, refinished hardwood floors, and freshly painted. The 3rd floor is unfinished with potential to add a large living space. Private backyard with a 2+ detached garage for additional income. Quick closing possible.

2637 Emerson Avenue S, Minneapolis

Listing courtesy of eXp Realty.

$265,000

4 Beds ⋅ 2 Baths ⋅ 7079312 MLS

Wonderful Duplex in Midtown Minneapolis! Both Units Offer 2 BR and 1 Bath. Spacious Living Room and Kitchen. Plenty of Parking Space in the Back, Or Build Your New Garage! Newly renovated lower unit with new flooring, and new SS appliances. Upper unit is occupied on month-to-month lease. New Roof in 2025 too. Conveniently Located Near Shops and Entertainment. Must See!

2825 15th Avenue S, Minneapolis

Listing courtesy of Land of Lakes Rlty.

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