Minneapolis MN Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1927
Baths:
MLS#:
6608030
Subdivision:
Bidlemans Add

ADDITIONAL INFORMATION

Fully rented, well maintained & performing 4-plex in high demand, Powderhorn Park - just a block from Matt's! Seperately 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!

Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1909
Baths:
MLS#:
6587124
Subdivision:
Auditors Sub 212

ADDITIONAL INFORMATION

Wonderful turn-of-the-century, up/down duplex, flooded with natural light. Packed with tons of period charm, including leaded glass windows, hardwood floors, original woodwork + built-ins and charming light fixtures. Third floor could be a primary suite with addition of a bath, or would make a great studio space. Full basement with laundry area and storage space for each unit plus 3/4 bath. Detached 2 car garage. Sound investment, or owner-occupy.

Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1890
Baths:
MLS#:
6603248
Subdivision:
Jennie R F Blaisdells Add

ADDITIONAL INFORMATION

Come check out this charming up-and-down duplex in Minneapolis. The upper unit features a recently renovated 2BD/1BA unit, while the lower unit provides a cozy 1BD/1BA with a comfortable, flowing floor plan and hardwood floors. With a new roof and new carpet, this property is ready for a new owner to move in or rent out easily, as it has great rental potential. Utilities are split, and comes with a certificate of approval and a tier 1 rental license. Ideally located within walking and biking distance of local restaurants, downtown, Powderhorn Park, Lake Nokomis, Light Rail, and bus services, making this location even more appealing.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1912
Baths:
MLS#:
6596769
Subdivision:
Williams Add

ADDITIONAL INFORMATION

This large 4-plex went through a full remodel in 2011 (roof, windows, mechanicals, kitchens, bathrooms, ect..), each unit has its own utility meters, mechanicals, and in-unit laundry, making this building operate similar to a small condo building. This structure uniquely limits investor’s exposure to rising utility costs and gives tenants ownership of their utility usage. The property also includes an unfinished basement, providing additional storage options. With a separate entrance, it can easily be reserved for owner use if desired. Current rents are well below market rates, offering clear potential for increased income. The limited availability of 3- and 4-bedroom units in the area further strengthens the investment upside. Seller has completed lead mitigation and all docs will be made available to buyers for review. Property is being sold As-Is.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1945
Baths:
MLS#:
6597162
Subdivision:
Auditors Sub 290

ADDITIONAL INFORMATION

Classic side by side duplex with exceptional walkability, perfectly located only 1 block to Lunds & Byerly’s, Starbucks and Caribou, Grand Ole Creamery, Carbone's Pizza and more. Walking distance to Lake Nokomis and Hiawatha, beaches, Minnehaha Creek, Hiawatha Golf Course, verdant parks and picturesque trails. 4631 is thoughtfully updated with stylish kitchen, two bathrooms, eat-in area, open concept layout, HW flooring, large bedrooms, in-unit laundry, abundant storage and well-proportioned lower-level family room. 4629 offers generous size public space and bedrooms, lower-level family room/office, abundant storage and in-unit laundry. Detached two car garage. Both units have forced heat/AC. A great owner occupant property or investment portfolio addition in coveted location.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
6575878
Subdivision:
Belle Plain Add

ADDITIONAL INFORMATION

Attention Investors! Golden opportunity for investors. This up and down duplex offers a unique opportunity with bonus space in the basement which is used for storage at the moment. Both units are currently rented by the same family on a flexible month-to-month lease. The tenants have been there for over 10 years and are happy to stay longer if you wish. Enjoy peace of mind with no tenant disputes as one family occupies both units. Located close to restaurants, railways, bus lines, and various businesses. This property is perfect for generating rental income or for personal customization. Plus, new furnace done in 2021 and new roof done in 2017. Whether you want to keep the reliable tenants or make it your own, this property offers endless potential! Don't miss out on this versatile investment!

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1909
Baths:
MLS#:
6578340
Subdivision:
Minnehaha Add

ADDITIONAL INFORMATION

ENTREPRENEUR OPPORTUNITY... build equity while having tenants pay for the mortgage! Cash flowing triplex with options...well maintained, with roof, gutters, boiler and windows all less than 8 years old. Old-world charm fills the main floor 1-bedroom unit, with a front porch, high ceilings, original hardwood floors, oak trim, stained glass and built-in buffet. (Currently owner-occupied, but could be rental.) Upper two levels are currently an Air BnB 3-bedroom rental, rented about 85% of the time for the past 5 years. (Could also be full-time lease.) Basement level has laundry and a good 2-year tenant who wants to stay. Also good for multi-generational living. Hard to find 2-car garage and fully fenced, private back yard that invites you to stay... great for pets, kids, or just relaxing. Convenient location near bus, light rail, parks, restaurants including Matt’s Bar - home of the original Jucy Lucy. This great Corcoran Neighborhood triplex has easy access to the airport, a 'Very Walkable' Walk Score of 71 and a 'Biker’s Paradise' Bike Score of 98... great investment for rental or convenient living! Don't let this great opportunity pass you by! More info in SUPPLEMENTS

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1931
Baths:
MLS#:
6569768
Subdivision:
Auditors Sub 257

ADDITIONAL INFORMATION

Beautiful Tudor Duplex stuffed with charm! Each of these large, 1300 square foot, two bedroom one bath units has tons of old world charm with fireplaces, built in nooks and china hutches. You don't usually find such large bedrooms in these charming houses. With a two car garage and room to park two more cars on the gravel pad in the back of the house no one has to park in the street. In the neighborhood you will find Minnehaha creek and plenty of restaurants and entertainment at 47th and Chicago. Huge basement with private entry and room to add an additional unit (ADU) if desired. Upper unit to be vacant soon. Perfect for someone wanting to owner occupy or house hack

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
6559720
Subdivision:
Park Place Add

ADDITIONAL INFORMATION

Charming 4-Plex just blocks from Powderhorn Park! Conveniently located near the hospital, with shopping just minutes away. Enjoy easy access to 35W for stress-free commuting. Unit 4 handles lawn care and snow removal for $100/month. Long-term tenants (up to 16 years!) have been excellent renters, adding stability to this investment. All four leases have been renewed on July 1, 2024, for 1-year terms. Repairs/Maintenance were higher in 2023 than previous years, See Supplements! Don't miss this fantastic opportunity!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
6544810
Subdivision:
Worcester Park Add

ADDITIONAL INFORMATION

Welcome to 3549 Portland Avenue, conveniently located in the Central Neighborhood of South Minneapolis. This large stucco and brick duplex is loaded with original charm including beautiful built-in bookcases, fireplaces, dining room buffets and hardwood floors. Main floor unit and finished basement areas are combined and offer 4 bedrooms, 2 bathrooms, 2 fireplaces and family room area. Upper sun-filled unit features 3 bedrooms. Walk-up attic is accessed from the back staircase. Updates include mostly NEWER WINDOWS THROUGHOUT, glass blocked basement windows, two separate UPDATED Burnham HOT-WATER BOILERS AND SEPARATE ELECTRIC. Basement common area has on-site laundry, additional storage rooms and access to the attached three tuck-under garage stalls. Additional off-street parking is available on rear driveway. Patio space above garage is great for entertaining.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
6525548

ADDITIONAL INFORMATION

Opportunity knocks three units, plus a big basement. Needs some TLC, but will shine after some care. Property sold as is. Quick closing desired.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
6460125
Subdivision:
Monroe Bros Add

ADDITIONAL INFORMATION

Nice stucco 4plex 8 bedrooms and 4 bathrooms. Hardwood floors, front screened porches. Each unit has an off-street parking spot on the back concrete parking slab. Gas and Electric separately metered for each unit. Newer boilers and coin-op laundry. Great location on a dedicated bike route, close to Powderhorn Park. Remodel in 2009 replaced the flat roof with a gable roof. Great investment property and option for owner occupancy.

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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 $270,600. This is lower than the county median home value of $289,200. The national median home value is $219,700. The average price of homes sold in Minneapolis, MN is $270,600. Approximately 44.44% of Minneapolis homes are owned, compared to 49.42% rented, while 6.14% 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 55407 has a population of 411,452. Minneapolis 55407 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 55407 is $55,720. The median household income for the surrounding county is $71,154 compared to the national median of $57,652. The median age of people living in Minneapolis 55407 is 32.1 years.

Minneapolis Weather

The average high temperature in July is 85.5 degrees, with an average low temperature in January of 7.5 degrees. The average rainfall is approximately 31.7 inches per year, with 53.5 inches of snow per year.

Minneapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    73
    30-day change

Minneapolis Schools and Demographics

Education near Minneapolis, MN

Metric City County
High School Graduates 89.3 93.01
College Degree - 2 year 7.07 8.66
College Degree - 4 year 48.31 48.18
Graduate Degree 12.67 12.15
Expenditures per Student 18,026 14,860
Students per Teacher 15 16

Elementary Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Andersen Community PK - 08 1,199 11.3 55407
Bancroft Elementary School PK - 05 545 12 55407
Folwell Arts Magnet PK - 08 883 15.1 55407
Hiawatha Leadership Acad.-Northrop KG - 02 143 13.2 55407

Middle Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Arc4H Academy KG - 05 0 18.3 55407

High Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
El Colegio Charter School 09 - 12 96 14.8 55407
Minneapolis on Line Learning 07 - 12 29 4.4 55407
South Senior High School 09 - 12 1,777 19.3 55407

Ungraded Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
* Mpls. H.S. Alternative Program 11 - 12 10 55407
* Transition Plus Services 12 - 12 309 10 55407
Hiawatha Collegiate High School UG - UG 0 55407
Learning Reimagined UG - UG 0 55407
MPS Metro SJ KG - 12 46 5.7 55407

Demographics near Minneapolis, MN 55407

Metric Zip Code City
Neighborhood Type Inner City
Population 411,452 1,224,763
Population Density 7,619 2,211
Median Age 32.1 36.3
People per Household 2.3 2.4
Median Household Income 55,720 71,154
Average Income per Capita 35,259 41,794