Minneapolis MN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
3,192
Status:
NEW LISTING
Beds:
n/a
Year built:
1917
Baths:
MLS#:
6628970
Subdivision:
Palmers Add

ADDITIONAL INFORMATION

Discover a remarkable investment opportunity with this family-friendly duplex in Minneapolis, built in 1917. Each of the two units-one above and one below-boasts two bedrooms and a full bathroom, along with a convenient two-car detached garage. The lower unit comes fully furnished and has a proven track record as an Airbnb, generating an impressive average of $2,500 per month, supported by a stellar collection of five-star reviews that highlight its prime location and extensive renovations. With the unit already furnished, you can start earning income immediately. In the last three years, significant upgrades have been made, including a new roof, a spacious 27 x 8.75 patio complete with a French drain system, new fencing, and a modern HVAC system that adds central air to the upper unit. The lower unit has received a new boiler, updated bathrooms, and insulation in both the attic and exterior walls for enhanced energy efficiency. Additionally, electrical and plumbing systems have been upgraded, along with numerous cosmetic enhancements.The upper unit has also been beautifully renovated and has served as an owner-occupied space, making it perfect for families, couples or individuals who want to step into the world of real estate investing. Alternatively, you can capitalize on the rental potential by listing it on Airbnb, potentially earning similar income to the lower unit. The property features a spacious fenced-in backyard with an in-ground fire pit making it a perfect place for outdoor play, gardening, and hosting get-togethers with friends and family. Don't miss out on this incredible opportunity!

Type:
Duplex
Sq.Ft.:
1,784
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
6622938
Subdivision:
Fort Ave Add

ADDITIONAL INFORMATION

Great investment opportunity in this incredible up/down duplex located close to restaurants, bars, coffee shops, light rail, parks and more. Property sits on a double lot. Lots of green space, two garden beds, a fenced in portion, patio, large driveway off back alley with detached 2 car garage. Upper unit has a non-conforming 3rd bedroom with access to unfinished attic space that is unfinished. Full size unfinished basement with storage and laundry. Great investment opportunity. Great place to live and/or invest. New windows in 2022, new roof in November 2023, upstairs bathroom remodeled in October 2023.

Type:
Duplex
Sq.Ft.:
2,609
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
6619549
Subdivision:
Fair Ground Add

ADDITIONAL INFORMATION

Charming and meticulously maintained up/down duplex in the heart of Seward! This property is a rare find, combining classic architectural details with modern upgrades and offering fantastic potential for rental income or multi-generational living. Each unit features natural light filled spaces, functional layouts, and well-appointed kitchens with ample cabinet space. The lower unit boasts hardwood floors on the main, high ceilings and includes finished space in the basement that includes an egress window, 3/4 bath, and kitchenette. The upper unit offers a similar layout with new carpet and private three season porch. Both units have dedicated utilities and separate entrances. With appropriate modifications it can easily be transformed into a triplex, maximizing rental income and making it a versatile investment. Conveniently located near shops, parks, restaurants, and transit the location is highly desirable for renters or owner-occupants.

Type:
Duplex
Sq.Ft.:
2,947
Status:
Active
Beds:
n/a
Year built:
1913
Baths:
MLS#:
6594272
Subdivision:
Longfellow

ADDITIONAL INFORMATION

Welcome to this delightful duplex in the heart of the Longfellow neighborhood. The first-floor unit, freshly painted and clean, features 2 bedrooms and 1 bath with bright, airy living space, a well-appointed kitchen, comfortable bedrooms and a fantastic front porch. The upper-level unit offers 1 bedroom and 1 bath, with an efficient kitchen, serene bedroom and a private upper deck. It’s a retreat in the treetops. Originally built as a single family home, this property is easily converted back for a family looking for extra space. Laundry and storage in the basement. TONS of updates! Brand new roof (July 2024), New GE Commercial Washer installed in 2021, New Goodman Furnace for Main floor installed in 2022, New Maytag Dryer installed in 2023, New Electric Circuit Breaker Panels added in 2023, also Control Board replaced in 2nd furnace fall 2024 just to name a few. Newer spacious 3-car garage, perfect for parking and storage. Located close to coffee shops, grocery stores, and restaurants, also just a few blocks from the Mississippi River Parkway. Long term owner with fantastic rental history, this is an exceptional home or investment opportunity. Hands down the best value in South Minneapolis.

Type:
Duplex
Sq.Ft.:
2,016
Status:
Active
Beds:
n/a
Year built:
1913
Baths:
MLS#:
6620202
Subdivision:
Morrison & Lovejoys Add

ADDITIONAL INFORMATION

Offered for the 1st time in decades. This two-family owned 1906 home has been lovingly maintained. Classic Architecture; original millwork. This home was originally built as a duplex. The Upper level mimics the Main level. The exception is the Foyer; that space on the upper level has been used as both office and 3rd bedroom over the years. Both units have a butler's pantry. The Upper Level has its own private front and back entrance. The 2 car garage is in great condition with electric, cement floor and 1 garage door opener. Much has been maintained and updated in this home; The big items have been repaired or replaced please see the list of updates and characteristics in supplements. There is a large attic accessed from the upper unit that allows for major storage or future expansion. The large cobblestone driveway provides off street parking; no concerns about emergency snow removal days. The cobblestones were reclaimed from 25th street when the roads were paved in the 50's. The back yard is private. Don't miss a rare opportunity to own a piece of history in one of Minneapolis's most sought-after communities. Contact your agent for a showing on November 8th or 9th!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
6605518
Subdivision:
Whites Rgt Blks Town Of Falls City

ADDITIONAL INFORMATION

Here's your unicorn. On the river, on the bike and walking path, and yet, on a quiet street. This updated duplex features hard-to-find 3 bedroom 2 bathroom units/ Rarer still, each has its own in-unit laundry. While most duplexes of the era have closed in kitchens, here the wall has been removed so the kitchen is a part of rather than apart from living room activity. A wonderful four-season porch offers added space, and a place to see all the gorgeous colors of the leaves in fall. This property also boasts central air, a rare 3 car garage and fenced back yard. The perfect location to commute to either downtown, the U, or even the airport.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1916
Baths:
MLS#:
6587266
Subdivision:
Marquette Add

ADDITIONAL INFORMATION

Welcome to a charming duplex located in the heart of the desirable Howe neighborhood. This well-maintained property features two spacious units, each offering 2 bedrooms and 1 bathroom. Inside, you'll find hardwood floors and freshly painted walls, creating a bright and inviting atmosphere. Each unit boasts a large 175 sq ft private porch, perfect for enjoying the outdoors, though this space is not included in the finished square footage. The exterior updated, with brand new fascia and gutters installed in 2024. A large, fenced-in backyard provides privacy and a secure area for outdoor activities or pets. Additionally, a detached 2-car garage offers ample storage and convenient parking. This duplex is ideally situated within walking distance to the scenic Minnehaha Falls, providing easy access to beautiful natural surroundings and recreational opportunities. The neighborhood is also filled with a variety of shops and restaurants, making everyday errands and dining out a breeze. Whether you're looking to live in one unit and rent out the other or add a valuable property to your investment portfolio, this duplex offers a rare combination of charm, location, and convenience. Don't miss the opportunity to make it yours!

Type:
Duplex
Sq.Ft.:
2,880
Status:
Active
Beds:
n/a
Year built:
1937
Baths:
MLS#:
6593400
Subdivision:
South Minneapolis Add

ADDITIONAL INFORMATION

Fantastic 6 bed/4 bath side by side Duplex in the highly sought after Longfellow neighborhood. Wonderfully maintained interior spaces with gorgeous hardwood floors, private/separate laundry and generous bedrooms. Large, fully fenced backyard for entertainment and play! Private off-street parking. Close to public transit, 35W, 62, 94 and just 7 miles to the airport! A fantastic double rental income opportunity or make one side your next home, while earning income on the other!

Type:
Fourplex
Sq.Ft.:
4,158
Status:
Active
Beds:
n/a
Year built:
1926
Baths:
MLS#:
6554613
Subdivision:
Rgt Falls City Addn-blks E-f-g-h-t &u

ADDITIONAL INFORMATION

Classic Minneapolis 4-Plex located in a Great Neighborhood! Perfect for an investor or owner occupant. Hardwood floors, Tile Bathrooms, Stucco Exterior. Tenants pay electric. 4 Car Garage. MUST SEE!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1905
Baths:
MLS#:
6548913
Subdivision:
Rgt Falls City Addn-blks E-f-g-h-t &u

ADDITIONAL INFORMATION

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. Two new gas meters were recently installed by CenterPoint. Tons of parking in the back that can fit at least 8 cars. Coin-op shared laundry in basement to generate extra income. 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. One main level unit available for owner-occupant, 3 other units fully leased! Connect for showings!

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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 $294,200. 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 $294,200. 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 55406 has a population of 425,091. Minneapolis 55406 is less family-centric than the surrounding county with 26.08% 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 55406 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 55406 is 32.7 years.

Minneapolis Weather

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.

Minneapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    69
    30-day change

Minneapolis Schools and Demographics

Education near Minneapolis, MN

Metric City County
High School Graduates 90.7 93.87
College Degree - 2 year 7.44 8.7
College Degree - 4 year 52.64 51.85
Graduate Degree 14.47 13.68
Expenditures per Student 19,300 19,300
Students per Teacher 16.1 16.1

Elementary Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Anishinabe Academy PK - 08 302 13.3 55406
Bdote Learning Center KG - 03 59 7.5 55406
Dowling Elementary School KG - 05 522 15.2 55406
Friendship Academy of Fine Arts Charter KG - 06 136 34 55406
Hiawatha Elementary School PK - 02 258 13.8 55406
Howe Elementary 03 - 05 173 15.2 55406
Northrop Elementary School PK - 05 496 19.9 55406
Seward Elementary School KG - 08 859 19.3 55406
Sullivan Elementary School PK - 08 708 11.7 55406

Middle Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Metro Schools Middle Charter 05 - 08 0 55406
Minnesota Transitions Middle School 06 - 08 59 6.6 55406
Sanford Middle School 06 - 08 789 15.9 55406

High Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
MTS High School 09 - 12 186 7.8 55406
Roosevelt Senior High School 09 - 12 884 13.4 55406
Wellstone International High School 09 - 12 336 15 55406

Ungraded Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
* Broadway Arts & Technology 07 - 12 97 12.5 55406
Banaadir College Prep. UG - UG 0 55406
Metro Education for Future Employ UG - UG 0 55406
Metro Schools Charter 05 - 12 288 17.4 55406

Demographics near Minneapolis, MN 55406

Metric Zip Code City
Neighborhood Type Inner City
Population 425,091 1,270,283
Population Density 7,872 2,294
Median Age 32.7 36.9
People per Household 2.2 2.4
Median Household Income 70,099 85,438
Average Income per Capita 43,925 50,478