Refine Search
Sort by
$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.

$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.

$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..

$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.

$539,900
6 Beds 2 Baths 7078935 MLS
Move in by August 1 and let the lower unit help pay your mortgage. 3324 Hennepin Ave is the rare East Bde Maka Ska duplex set up for an effortless house-hack, the spacious 4-bedroom upper unit, featuring a bright sun room and original woodwork, is becoming available for owner-occupancy, while the charming 2-bedroom lower unit, with its granite kitchen, custom cabinetry, and cozy living-room fireplace, brings in $1,850/month through April 2027. Just a short walk to Lake Bde Maka Ska, the Greenway, and the heart of Uptown, this 1909 brick duplex blends original character with thoughtful modern updates. The fully fenced backyard with fire pit and detached two-car garage make it feel more like a single-family home than a duplex, and an architectural plan set is on file for a potential third basement unit, adding future upside for the right buyer. Whether you're an owner-occupant chasing the elusive 4-bedroom upper, an investor who values documented rental income, or a house-hacker wanting both, 3324 Hennepin delivers. Owner is a licensed agent. All measurements approximate; buyer to verify.

3324 Hennepin Avenue, Minneapolis

Listing courtesy of Aire LLC.

$434,900
6 Beds 2 Baths 7078649 MLS
Experience the best of South Minneapolis living in this sunny, charming side-by-side duplex. Both units feature 3 bedrooms and 2 bathrooms, and 3 bedrooms and 1 bathroom. Offering a perfect opportunity for owner-occupants or investors alike. Enjoy the convenience of private laundry on each side, along with strong natural light and inviting living spaces. Recent updates include a new roof and updated electrical, providing peace of mind for years to come. A rare chance to own a versatile property in highly desirable neighborhood. Unit 1 is vacant and ready to move in or rent out, Unit 2 is currently rented month to month. Two cars detached garage, with 3 extra parking spaces in the back by the garage. Nice well kept fenced-in yard and private enough for you kids or pets.

3116 Columbus Avenue, Minneapolis

Listing courtesy of Bridge Realty, LLC.

$374,700
5 Beds 2 Baths 7076407 MLS
Investors don't miss this opportunity to own this charming duplex! Well-maintained duplex nestled in a convenient South Minneapolis neighborhood. This property offers features rarely found in investment properties, both units boast central air conditioning, fireplaces, dishwashers and separate electric & gas meters, blending comfort with everyday convenience. The property features a full basement with separate laundry for each unit, including washers and dryers, plus exceptional storage space. Outside, you'll find a three-stall garage and a large fenced yard, perfect for gardening or enjoying outdoor activities. Both units are currently occupied with great tenants. Conveniently located near Abbot & Children's Hospital, downtown Minneapolis, public transportation, shopping, and local amenities. This property is a standout opportunity for an owner-occupant or savvy investor. High-demand rental opportunities like this are rare, schedule your showing today and see the potential for yourself.

2211 10th Avenue S, Minneapolis

Listing courtesy of RE/MAX Results.

$674,900
8 Beds 4 Baths 7076234 MLS
Well maintained, high demand, income producing 4plex. Priced to sell - purchased for $850k in 2019! All units 2/1 1000ft2. Premium Lowry Hill location close to DT, Uptown & all the action. Tucked away on a quiet street. Many big ticket items like new water heaters, new windows, SS appliances & cosmetic work in units including updated kitchens has been done in last 5-8 yrs. Timeless hardwood floors & built-in buffets in units - well preserved character throughout. Paved expansive parking lot in rear - plenty of off-street parking for all units. Clean, dry basement provides shared laundry & storage. Close walk/biking distance to Lake of the Isles, Bde Maka Ska, bike trails, DT, nightlife & shopping. Ave rent $1510/m per unit. Separate utilities. Great option for investor or owner-occ via House Hack; will be at least 1 unit avail to move into post closing.

2720 Dupont Avenue S, Minneapolis

Listing courtesy of Verde Real Estate Group.

$145,500
3 Beds 2 Baths 7004360 MLS
North Minneapolis duplex with a 2-car garage. Upper unit features 2 bedrooms/1 bathroom. Lower unit features 1 bedroom/1 bath room. Shared laundry is in the basement. Sold as-is, buyers to assume TISH repairs. A great owner-occupy opportunity or addition to any investment portfolio. Priced to reflect condition with plenty of room to add value. Just minutes from Webber Park, Victory Memorial Parkway, and North Mississippi Regional Park, part of Minneapolis’ renowned Grand Rounds Scenic Byway system. These nearby parks and trails provide miles of walking and biking paths, green space, and river views—perfect for outdoor enthusiasts and anyone who appreciates quick access to nature within the city. Nearby shopping options including Cub Foods, Aldi, North Market, and neighborhood shops along Broadway and Lowry Avenue. Dining choices range from local cafés and takeout spots to popular Minneapolis restaurants, with even more options just a short drive away in Downtown Minneapolis, the North Loop, and Northeast Minneapolis. Community amenities including nearby libraries, recreation centers, and neighborhood programs that help foster a strong sense of connection. Commuters will appreciate convenient access to Highway 94, Highway 55, and Highway 100, along with public transit options that make getting around the metro simple and efficient. Take this opportunity to own a two-unit property in a central Minneapolis location—perfect for generating rental income, offsetting a mortgage, or accommodating multiple households under one roof. With flexible living arrangements, proximity to parks and trails, and easy access to shopping, dining, and downtown Minneapolis, this duplex delivers both lifestyle and investment potential. Come explore the possibilities and imagine how this property can work for you.

4126 Dupont Avenue N, Minneapolis

Listing courtesy of Real Broker, LLC.

$449,900
8 Beds 3 Baths 7073087 MLS
Fully renovated (in 2021) Triplex in the heart of Broadway & Penn. Located in the vibrant Broadway & Penn corridor, this rebuilt triplex (Interior)) offers a rare opportunity to own a turnkey investment property surrounded by ongoing neighborhood revitalization and new development. This property has been fully gutted and rebuilt from the ground up (Interior). Major improvements include all new electrical, plumbing, ductwork, HVAC systems, water heaters, framing, insulation, drywall, leveled floors, windows, kitchens, bathrooms, finish carpentry, doors, and central air conditioning. Each unit features: Private front and rear entrances, separate utilities, individual HVAC systems for independent comfort and efficiency. The building includes three furnaces, three water heaters, and three central air units, making management simple and utility separation clean for owner-occupants or investors. Additional amenities include a shared basement with: Common laundry area and dedicated storage space for tenants. Whether you’re looking to house hack, expand your portfolio, or secure a fully renovated (Interior 2021) income property in an improving area, this triplex delivers modern systems, low maintenance, and strong long-term potential. Home is fully occupied and total rents are $5,239 per month.

2050 W Broadway Avenue, Minneapolis

Listing courtesy of LPT Realty, LLC.

$430,000
4 Beds 2 Baths 7051425 MLS
NEW PRICE! Exceptional opportunity to own a side-by-side duplex in a convenient, walkable location. 5820 is currently vacant to allow for an owner occupant as of 06/30, previous rent was $1860. Both units mirror each other and have been updated throughout the years. The main level features an eat-in kitchen with granite countertops, hardwood flooring, and an open flow into the living area, creating a warm and functional space. Upstairs are two bedrooms and a full bath, while the unfinished basement provides laundry, utilities, storage, and potential for additional use or customization. Upgrades totaling over $100,000 include renovated kitchens and bathrooms, new siding, roof, gutters, sewer liner, and more. Each side is equipped with central air conditioning and its own furnace. Enjoy a fenced backyard and easy access to nearby restaurants, shopping, public transportation, and neighborhood conveniences including Cub Foods, Tailgate, Patty Wagon, Sabores De Mexico, Orale Mexican Grill, and Diamond Lake Hardware.

5820 Nicollet Avenue, Minneapolis

Listing courtesy of Side by Side Realty LLC.

$515,000
5 Beds 3 Baths 7051467 MLS
Don’t miss this well-maintained side-by-side duplex, perfect for owner-occupants or investors alike! Each main level features two bedrooms, one bathroom, a bright kitchen, and a dining area that opens to a spacious living room. Unit 5433 offers an unfinished basement with mechanicals, laundry, a one-car attached garage, and newly roughed-in plumbing ready for a second bathroom. Unit 5435 is fully finished in the lower level, featuring a third bedroom, a 3/4 bathroom, laundry room, and a one-car attached garage. Both units include forced-air heating with individual furnaces, central air conditioning, a newer sewer liner, and a newer roof. Located just steps from some of the neighborhood’s favorite spots — Colita, Book Club, Red Wagon Pizza, Settergren’s Hardware, and the vibrant new Saturday Dumpling — this property combines comfort, convenience, and community charm. Measurements are approximate.

5433/5435 Penn Avenue S, Minneapolis

Listing courtesy of Side by Side Realty LLC.

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.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.