First time on the market in a quarter century! An incredible opportunity to purchase and develop this historic property in the heart of the thriving Marcy Holmes neighborhood. A huge historic duplex with an attic and lower level ready to add additional finished sq ft or potentially expand the existing building into the vacant side lot. Building is situated on an oversized corner lot zoned RM1 with a single PID#. Property is also a candidate to develop a much larger structure. Property is winterized and commercial financing or cash is most likely required. As is addendum required.
This property combines modern updates with timeless charm, making it a standout choice for a variety of needs. Recently updated in 2024 with new siding and a new roof, this duplex retains its original 1900 character, offering a perfect blend of historic charm and modern convenience. Featuring one unit on the lower level and one on the upper level, each with its own kitchen and a private porch or deck, this home is ideal for multi-generational living or rental opportunities. The large backyard provides plenty of room for outdoor enjoyment, and off-street parking adds extra convenience. Located near parks, local shops, and public transit, this home offers the perfect balance of comfort, accessibility, and character. Don't miss your chance to make this timeless property your own!
Recently updated, solid, income producing 4-plex in S Mpls. Big ticket items done - Lp Smart siding, 4 new high efficiency furnaces, central A/C for each unit, 100 amp electrical for each unit, new windows, sky light, roof, cement front porch, added heat in the basement & shared coin laundry. Unit updates include new light fixtures, appliances, new pantries & updated bathrooms. Preserved old world charm remains with HW floors & built-in buffets. Great location with easy access to the Midtown Greenway via the Bryant Ave Ramp and, highways I-35W and I-94. Building has a Front and back Porches with shared fenced-in Backyard. Off-street Parking. Unit can be made available for owner-occ. Current rents - Unit 1: $1,080 expires 5/31/25 Unit 2: $1,150 expires 9/30/24 Unit 3: $1,000 M2M Unit 4: $1,050 M2M
Solid, steady income producing 4-plex in S Mpls. Updates have been done throughout as needed. Four 1br units, all same layout - separate meters for tenants to pay gas & electric. Current rents - Unit 1: $1,000, Unit 2: $1,050 Unit 3: $1,100; Unit 4: $1,010. Unit can be made available for owner-occ.
Fully rented, well maintained & performing 4-plex in high demand, Powderhorn Park - just a block from Matt's! Separately metered gas & electric. 4 x 1 br units - 12 month leases; Rents - Unit 1: $1,000; Unit 2: $1,075; Unit 3: $1,095; Unit 4: $1,050. Windows replaced 2009. Glass block basement windows replaced 2017. 4 off-street parking spaces behind building as well as shaded patio area. 2 coin-op laundry in basement. 5 newer water heaters and 2 newer boilers. 2 large storage units per apt. Great opportunity for investor or owner-occ!
Prime Investment Opportunity to Flip or Hold. Some Finishing Needed. This Unique Quadplex Offers a Fantastic Opportunity for Both Investors and Owner-Occupants Alike with One Unit Move-In Ready & A Second Unit at 90% Completion. The Additional Two Units Are a Blank Slate Waiting for Your Finishing Touches. It is Situated on a Double Lot for Ample Off Street Parking or The Space to Build Garages, Boasts New Plumbing, 4 New 75,000 BTU Boilers, 4 New High Capacity Water Heaters, 4 New Pressure Tanks, Updated Water Main Per City Requirement, Updated Electric, 4 Updated Split Meters, New Chimney Liner, Vinyl Windows Throughout (Basement Windows are New) , As An Equity Builder, A Full Un-Finished Basement With 4 Individual Storage Units & Laundry Hook-Ups Available. All Conveniently Located On a Bus Line, Near Parks & The Lakes, Restaurants, Shopping and Easy Access to the Freeway System, This Property is a Must-See!
One-of-a-Kind triplex in NE Minneapolis! This unique property features an up-and-down duplex and a newly built unit above a fully finished garage. The main level of the duplex features original maple flooring, traditional trim, 3 bedrooms, 1 full bath with a clawfoot tub, a spacious kitchen, large dining area, bright living room, and front porch, while the upper level mirrors this layout with updated vinyl windows and a private porch. Shared laundry space in the duplex! The finished garage includes a sauna and in-floor heat rough-in, with a sleek 1-bedroom unit above featuring a ¾ tiled bath, stainless appliances, updated cabinets, ceramic flooring, and its own washer and dryer. Perfect for living in one unit while renting the others or leasing all three, this property is located in the NE Minneapolis area with a quick downtown commute.
4 units are rented:$1000 per unit, unit 1, 2, and 4, monthly rent is $1000 per unit and unit 3:$1200 : total income :$4,200/month Plus the tenants are responsible for all the utilities payment.
Solid up/down duplex. 2 bedrooms 1 bath each unit with a good size living spaces. Separate electric, beautiful woodwork, tall ceilings, hardwood floors and a secure storage shed out back. New siding, new concrete around the house, update kitchen, update bathrooms, new carpet, fresh paint,7 windows first floor, newer flooring in bathroom and kitchen. Space for parking and storage.
Incredible Investment Opportunity! This up-and-down duplex is perfect for investors or owner-occupants looking to tap into its potential. Currently rented by the room on flexible month-to-month leases. The spacious, unfinished attic offers the chance to add a third unit or expand the upper-level living space, creating additional value and rental income. Located in an up-and-coming neighborhood with new apartment developments being built next door, this property is positioned for future growth. With easy access to shopping, major freeways, and public transportation, it’s a great opportunity to invest in an area that is undergoing change. Don’t miss the chance to make this versatile property your next investment!
Welcome to this amazing triplex in South Minneapolis! Make this your next investment property or make one of the units your next home and collect rent at the same time! Property has been well taken care of and all of the tenants have been there for over 2 years! Large lot with 6 parking spaces in the back! Central Minneapolis location, close to parks, shopping, and entertainment. Don't wait and make this your next home or rental property!
Nicely updated side by side duplex. Since owning home seller has updated both bathrooms, both kitchens, quartz counter tops, one quartz back splash, flooring, and more. New range in one unit. Washer and dryer in both units. Private entrances to each unit. Both units vacant for new owner to select tenants. Move in ready.
Landmark Duplex on Iconic Pleasant Avenue has 2 bedrooms in each Unit and it is a Classic “Up and Down" Brownstone Duplex. Each unit features refinished hardwood floors, extensive natural original woodwork, a full dining room, plus an enclosed front porch...and a back outdoor deck. Beautiful kitchen cabinets, countertops, and Stainless Steel appliances. Plenty of light with windows on all sides, kitchen Island in each Unit with a gas cooktop and oven. An added plus is that the 2 bedrooms in each Unit are located at opposite ends of the building for added privacy. Recent improvements within the last couple years are glass block windows in the basement, Tuckpointing of the Brick Exterior, new front steps and railings, and Carport roof. The location is the popular Lyn-Lake district in Uptown with shopping, restaurants and bus service within one block. New roof in 2011.
BUILDING TYPE: DUPLEX/MULTIPLEX. Please note the following details and updates regarding the home. All information, including measurements, is approximate and should be independently verified by buyers and their agents. The property features two common hallways and separate entrances. Please note, there is no air conditioning. The main level bathroom includes heated floors. Updates to the property include a new washer and dryer installed in 2019, new gutters added in 2020, new windows on the main level installed in 2022, and a new water heater installed in 2021. The upper level is currently rented and has its own kitchen and bathroom, with a separate entrance, providing an excellent opportunity for rental income. A 24-hour notice is required for all showing requests. Thank you for showing this property. We welcome your feedback.
RECENTLY REMODELED property with permits pulled and closed. Great opportunity to live in one unit and rent out the other. Both units are now move-in ready after an extensive renovation that includes a new roof (with warranty), siding was scraped and repainted, stairs were added in the front and back as well as by the sliding doors in the main level. See supplements for extensive list of repairs/updates. The property is scheduled for TISH reinspection and most RRs should be have been addressed. The area is vibrant with dining destinations, small shops, businesses, hardware stores, healthcare facilities, financial institutions, and so much more. Location!!!
Welcome to this meticulously remodeled duplex in the heart of Uptown! The property was torn down to the studs and completely remodeled with everything brand new. All of the updates were done to preserve parts of the structure and bring new life to this duplex. The property includes high-end finishes like hardwood floors, quartz countertops, stainless steel appliances and more. Each unit features a private porch with many bedrooms. Parking stalls and bike shed included in the rear of the property for all your storage needs.
Turnkey side by side duplex with updates to the 1625 side. Each unit has 2 bedrooms and 1 bathroom. New kitchen, back splash, sink, cabinets, granite countertops. Newer plumbing throughout, newer windows. New roof replaced in October of 2023, stucco siding in great condition recently painted. Motivated seller.
Assumable mortgage at 2.6%! Here is your chance to own a turn key northeast duplex while also being able to take advantage of the low interest rates of the past! This amazing property features spacious units with stunning hardwood floors, lots of natural lighting, and a fenced in yard! TONS of recent updates include a brand new two car garage ready for an ADU build out, new roof in 2022, new water heaters, central A/C, mini split, and some new appliances! Additional updates and amenities include newer plumbing, electrical, vinyl windows upstairs, and a Comcast security system! The lower unit is a 2 bed 1 bath plus an office which could easily be converted into a 3rd bedroom! The upper unit is a 3 bed 1 bath which also includes a little office area in the front bedroom! Possible opportunity to expand in the attic! The lower unit will be vacant upon sale, and the upper unit is rented out month to month under market at $1,575/month. Tenants pay their own gas & electric. Upper unit is enrolled in the Minneapolis 4D program for another 7 years which has a lot of benefits including lower property taxes, and up to $50,000 of annual reimbursement for energy efficient upgrades! There is also an option to buy out of the program if desired. Great location close to everything northeast has to offer! This one wont last long!
Redevelopment opportunity of a formerly licensed duplex. Sold for tear down / redevelopment purposes.
ASSUMABLE LOAN AT 2.5%!!! Incredible Investment Opportunity! Very Clean Duplex in an Excellent Minneapolis Location, 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 The Upper Level is Being Held Vacant to Facilitate Showings and Allow for a Potential Owner Occupant to Assume the Existing FHA Loan! Updates on the Upper Level Include New Carpeting 3 Years Ago, New Paint, New Bathroom Vanity, and New Kitchen Flooring.
Renovated side-by-side duplex with a big private backyard near the heart of NE Minneapolis. Ideal for an owner occupant or investor to renovate the unit that is not fully renovated, continue with short-term rental or place a long-term tenant. Close proximity to restaurants & nightlife located just outside of downtown Minneapolis yet the location feels like suburban living. One side is a 2 bedroom 1 bathroom unit with open layout and a kitchen remodel done within the last 10 yrs. Everything else is original and ready to add your unique flair and create your own paradise. This side has an unfinished basement for equity building potential. The other side is currently used as a short-term rental generating approx $5,000 / month over a 12-month period. Summer months generate approx $6,000-$9,000 per month. Winter generates approx $2,000-$4,000 per month. This unit was fully remodeled in 2018 and has 4 bedrooms, 2 bathrooms, 2 living rooms and a fully finished basement. Open layout with updated kitchens with granite countertops, updated baths, spacious room sizes all in an ideal location within walking distance of restaurants, grocery stores and all that Northeast has to offer.
Check out this income producing property. Great potential for owner-occupant/investor opportunity. Live here and rent the other unit for added income or rent both for supplemental income. Separate entrances for units in front and back of home. New furnace, new roof and new electric panels. Cash flow with 3 bedroom units, and stable tenants.
Location Location Location! This Lyn-Lake duplex is so close and walkable to everything! Steps from Lake & Grand, it's perfect for the investor OR the owner-occupant. Live in one unit and rent out the other! Both units have been extensively updated & remodeled, and they each feature two bedrooms and an updated bathroom. The roof is almost brand new, and the owners have added a beautiful paver patio. The large back yard features a full privacy fence, so its perfect for the furry or not-so-furry little ones to be safe & secure. First time homebuyers - please inquire about grants & loans to help with down payment and closing costs.
Welcome to 1619 2nd Street NE, a beautifully maintained duplex nestled in the sought-after Sheridan neighborhood of Northeast Minneapolis! This delightful property boasts two refreshed units, each offering two spacious bedrooms and one bathroom. Both the main-floor and upper-level units are move-in ready and currently vacant, presenting an ideal opportunity for owner-occupancy or rental income. With a roof replaced in 2017 and situated in one of Minneapolis' most vibrant and fast-growing communities, this property is perfect for building long-term equity while enjoying the charm and convenience of NE Minneapolis. Don’t miss this chance to own a versatile property in a prime location!
This large 2-unit duplex on an oversized corner lot is a fantastic investment opportunity! Both units are fully occupied with long-term Leases, and it meets the 1 percent rule making it a smart choice for investors. The main level unit is 4 bed 1 bath and is currently leased for $1,995.00 a month. The upper unit is a 3 bed 1 bath and is currently leased for $1,550.00 a month. In total this is 7 beds and 2 baths with a total current rental income of $3,545.00 a month. The owner pays for City Water/Sewer and Trash service at an average cost of $275.00 a month. The Electric and Natural Gas utilities are metered separately and paid for by the Tenants. The property features recently refinished hardwood floors throughout, giving it a warm and inviting feel. The main level unit includes a washer and dryer in the unfinished basement, The unfinished basement also has a separate exterior entrance door "Great added value potential" with the possibility to add another unit or add more finished beds and bath for the main floor unit. The property has updated vinyl windows, a fenced yard, and a 2-stall garage with ample parking adding to the property's appeal. The location is ideal with easy access to the bus line and just a 10-minute drive downtown. Don’t miss this opportunity to own a well-maintained fully occupied cash flowing duplex in a great area. Contact us today to schedule a showing!
The median home value in Minneapolis, MN is $325,000. This is lower than the county median home value of $342,800. The national median home value is $338,100. The average price of homes sold in Minneapolis, MN is $325,000. Approximately 45.07% of Minneapolis homes are owned, compared to 48.7% rented, while 6.23% 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 has a population of 425,091. Minneapolis is less family-centric than the surrounding county with 30.62% of the households containing married families with children. The county average for households married with children is 33.3%.
The median household income in Minneapolis, Minnesota is $70,099. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Minneapolis is 32.7 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 7.1 degrees. The average rainfall is approximately 31.9 inches per year, with 52.4 inches of snow per year.