Minneapolis MN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
1,888
Status:
Active
Beds:
n/a
Year built:
1917
Baths:
MLS#:
6621528
Subdivision:
Waltons Rear L 33-34 B 6 Rh

ADDITIONAL INFORMATION

Welcome to this fantastic investment opportunity! This up-and-down duplex offers separate entrances for each unit. The lower unit features 3 bedrooms and 1 bathroom, while the upper unit offers 1 bedroom and 1 bathroom. Both units underwent renovations a few years ago, including new appliances and fixtures, ensuring modern comfort for tenants. Recent updates include a new furnace for the upper unit and new water heater installed for both units in 2023, and freshly painted walls to the bottom unit. This property is also ideal for an owner-occupant scenario – live in one unit and rent out the other, or rent out both units for maximum rental income potential. The basement is spacious, providing ample room for storage. Outside, there is plenty of street parking available, along with a two-car concrete driveway at the back of the property. Conveniently located near restaurants, the bus line, and neighborhood parks, this duplex offers both convenience and investment potential. The bottom unit is currently vacant and the upper unit is occupied. Don't miss this opportunity to add a valuable property to your portfolio!

Type:
Triplex
Sq.Ft.:
3,100
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
6571664
Subdivision:
Hamiltons Add To Mechanics

ADDITIONAL INFORMATION

DON'T MISS OUT ON THIS INCREDIBLE INVESTMENT OPPORTUNITY! This Triplex is a fantastic opportunity for investors seeking reliable, long-term rental income. Featuring three separate units, each with its own private entry, this property offers steady cash flow and excellent ROI potential. The area has shown consistent historical appreciation, and market trends suggest that demand for rental properties will continue to grow, driven by factors like [local job growth, new infrastructure, or increased demand for housing!] Units #1 & #3 have in-unit laundry, enhancing tenant convenience. Unit #2 offers 2 bedrooms, 1 bath, & an in-unit laundry. Each unit has its own separate exterior entrance, ensuring privacy and ease for tenants. The roof is less than 8 years old! The building is structurally sound, with some recent upgrades done in the last three months. Seller has made many improvements including New boilers, Fresh paint throughout, New carpet/flooring and so much more! 2-car detached garage included. Convenient location with easy access to highways, really close to the local park, shopping and many restaurants. Whether you're an experienced investor or a first-time buyer, this Triplex offers a turn-key opportunity to add a valuable asset to your portfolio. Quick closing desired. See supplements for full list of improvements.

Type:
Duplex
Sq.Ft.:
2,344
Status:
Active
Beds:
n/a
Year built:
1979
Baths:
MLS#:
6621179
Subdivision:
Carlsons Summit Manor Annex 2

ADDITIONAL INFORMATION

Fantastic investment opportunity or live in one unit while renting out the other! This cash-flowing duplex is situated in a desirable area and offers separate utilities, a newer roof, water heaters, and driveway. The upper unit (#1) features 3 bedrooms, 1 full bathroom, a 2-car garage, and a private deck overlooking the backyard. The lower unit (#2) includes 2 bedrooms, 1 full bathroom, a spacious patio, and a 1-car garage. Both units boast updated flooring throughout and shared access to washers and dryers. Conveniently located near public transportation, restaurants, highways, shopping, parks, and more.

Type:
Duplex
Sq.Ft.:
2,576
Status:
Active
Beds:
n/a
Year built:
1963
Baths:
MLS#:
6619916
Subdivision:
Mathaire

ADDITIONAL INFORMATION

CUL DE SAC PROPERTY! - Come check out this amazing duplex located on a cul de sac in Columbia Heights. The duplex features side by side split-level units, with each unit containing 2 large bedrooms, 2 bathrooms, separate laundry rooms, one covered garage stall, and a very large backyard. The property is just steps away from Central Avenue and nearby major highways like 694.

Type:
Fourplex
Sq.Ft.:
4,500
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
6588080

ADDITIONAL INFORMATION

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1961
Baths:
MLS#:
6383703
Subdivision:
Julian Johnson Add

ADDITIONAL INFORMATION

Fantastic investment opportunity, all 4 units have 3 bedrooms per unit for a total of 12 bedrooms. located on cul-de-sac with off street parking and laundry on each level! All separate utilities per unit (4 forced air furnaces, 4 Central air units, 4 gas meters, 4 electric meters). Central air in all units (2010), New Soffits, facia and gutters (2018) 2 coin operated washers and 2 dryers for extra income. 2 Newly updated units with Stainless appliances and new flooring. This is a unique 4 unit building that is a great investment. Don't miss this one!

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.




Minneapolis Real Estate

The median home value in Minneapolis, MN is $263,200. This is lower than the county median home value of $326,900. The national median home value is $338,100. The average price of homes sold in Minneapolis, MN is $263,200. Approximately 61.33% of Minneapolis homes are owned, compared to 33.22% rented, while 5.45% are vacant. Minneapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Minneapolis real estate agent to arrange a tour today!

Minneapolis, Minnesota 55421 has a population of 21,612. Minneapolis 55421 is less family-centric than the surrounding county with 26.25% of the households containing married families with children. The county average for households married with children is 33.56%.

The median household income in Minneapolis, Minnesota 55421 is $69,460. The median household income for the surrounding county is $88,680 compared to the national median of $69,021. The median age of people living in Minneapolis 55421 is 37.3 years.

Minneapolis Weather

The average high temperature in July is 83.3 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 32.1 inches per year, with 52.5 inches of snow per year.

Minneapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    68
    30-day change

Minneapolis Schools and Demographics

Education near Minneapolis, MN

Metric City County
High School Graduates 90.73 94.14
College Degree - 2 year 10.51 12.56
College Degree - 4 year 29.32 31.28
Graduate Degree 5.71 7.1
Expenditures per Student 16,956 16,956
Students per Teacher 16.6 16.6

Elementary Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Earle Brown Elementary School PK - 05 1,086 15.7 55430
Evergreen Park Elementary School KG - 05 454 14.9 55430
Global Academy KG - 08 430 13.8 55421
Highland Elementary School KG - 05 523 12.9 55421
Jenny Lind Elementary School PK - 05 519 11.6 55430
Pillsbury Elementary School PK - 05 576 11.9 55418
Prodeo Academy KG - 08 126 19.5 55421
Valley View Elementary School KG - 05 536 13.3 55421
Waite Park Elementary School PK - 05 437 16.5 55418
Wilshire Park Elementary School PK - 05 689 16.1 55418

Middle Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Columbia Academy 06 - 08 662 15.2 55421
KIPP Minnesota Charter School 05 - 08 255 16.6 55430
Northeast Middle School 06 - 08 604 13.3 55418
Olson Middle School 06 - 08 271 10.4 55430
St. Anthony Middle 06 - 08 429 15.4 55418

High Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Columbia Heights Senior High School 09 - 12 870 19.7 55421
Edison Senior High School 09 - 12 756 12.7 55418
St. Anthony Village Senior High 09 - 12 691 20.6 55418

Ungraded Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
* Brooklyn Center Academy 09 - 12 53 13.4 55430
* Brooklyn Center Summer School 09 - 12 0 55430
Brooklyn Center Secondary 06 - 12 910 15.2 55430
Early Childhood PK - PK 66 6 55421
Early Childhood Special Education ( PK - PK 0 55430
Insight School of Minnesota 06 - 12 350 31.2 55430
Learning for Leadership Charter School KG - 12 233 12.9 55418
Open Door Academy Charter School UG - UG 0 55421

Demographics near Minneapolis, MN 55421

Metric Zip Code City
Neighborhood Type Suburban
Population 21,612 360,773
Population Density 6,377 855
Median Age 37.3 38.7
People per Household 2.5 2.7
Median Household Income 69,460 88,680
Average Income per Capita 34,694 40,057