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5424 32nd Avenue S, Minneapolis
$900,000
9 Beds ⋅ 6 Baths ⋅ 7103604 MLS
Exceptional investment opportunity! This hard-to-find triplex, built in 2022, is located in the heart of South Minneapolis and offers immediate cash flow with all three units currently rented for a total monthly income of $7,500. Each unit features 3 bedrooms, 2 full bathrooms, an open and functional floor plan, and a stylish kitchen complete with granite countertops and stainless steel appliances. Built with modern finishes and low-maintenance construction, this property is an excellent addition to any investment portfolio. Conveniently located near shopping, dining, parks, public transportation, and major highways, this turnkey income-producing property offers the perfect combination of quality, location, and long-term rental potential. Each unit has its own PID number for a chance to sell each unit individually. A rare opportunity you won't want to miss!

5424 32nd Avenue S, Minneapolis

Listing courtesy of Real Estate Corners, Inc.

1911 E 32nd Street, Minneapolis
$900,000
9 Beds ⋅ 6 Baths ⋅ 7103611 MLS
Rare opportunity to own a newly built (2022) triplex in the heart of South Minneapolis! This hard-to-find property features three spacious units, each offering 3 bedrooms, 2 full bathrooms, an open-concept layout, and a beautifully designed kitchen with granite countertops and stainless steel appliances. Two units are currently rented, providing immediate rental income, while the remaining unit offer excellent flexibility for an owner-occupant or investor. Live in one unit and let the rental income from the other two help pay your mortgage, or maximize your investment by leasing all three units. Conveniently located near shopping, restaurants, parks, public transportation, and major highways, this is an outstanding opportunity to build wealth through real estate. Don't miss your chance to own this exceptional income-producing property!

1911 E 32nd Street, Minneapolis

Listing courtesy of Real Estate Corners, Inc.

4255 Thomas Avenue N, Minneapolis
$359,000
4 Beds ⋅ 4 Baths ⋅ 7105318 MLS
A FREE 1-0 Rate Buydown is being offered by the Seller's Preferred Lender to Owner Occupied Buyers. This DUPLEX investment opportunity has strong income potential! This fully leased 4 unit property offers a desirable mix of one-bedroom, studio, and two-bedroom layouts, providing diversified rental income and consistent tenant demand. Professionally managed and holding two rental licenses (zoned as a DUPLEX), this property is an excellent addition to an investment portfolio or a great opportunity for an owner looking to expand their holdings. The building features approximately 2,550 finished square feet and has an established occupancy history with leases already in place. Tenant leases are available for qualified buyers. Conveniently located near parks, shopping, restaurants, public transportation, and major commuter routes, this property combines stable occupancy with long-term investment potential. Don't miss this rare opportunity to acquire a fully occupied multifamily asset in Minneapolis. Tenants are charged a monthly flat fee for electricity, gas, water, sewer & trash. This amount is already wrapped into the monthly rent that was stated. Buyer and Buyer's Agent to verify all details, including square footage. 24 Hour Tenant Notice required for showings.

4255 Thomas Avenue N, Minneapolis

Listing courtesy of Fuze Real Estate.

1535 Adams Street NE, Minneapolis
$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.

812 7th Street SE, 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.

671 Spring Street NE, Minneapolis
$350,000
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. Two new electrical panels in the basement, new water service line, freshly painted exterior (all updates in 2026). 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.

2106 Elliot Avenue, Minneapolis
$504,500
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. 3 bed units rent for $1,922per month, studios rent for $1,034 per month. Total potential rent of $5,912 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.

456 Buchanan Street NE, Minneapolis
$459,950
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.

3954 Portland Avenue, Minneapolis
$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.

2915 N 3rd Street, Minneapolis
$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.

3429 Aldrich Avenue S, Minneapolis
$349,900
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.

2314 Portland Avenue S, Minneapolis
$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.

3605 S 3rd Avenue, Minneapolis
$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.

3500 1st Avenue S, Minneapolis
$725,000
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.

3400 Elliot Avenue, Minneapolis
$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.

2441 Dupont Avenue S, Minneapolis
$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..

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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