Minneapolis MN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
3,370
Status:
NEW LISTING
Beds:
n/a
Year built:
1928
Baths:
MLS#:
6629298
Subdivision:
Cedar Ave Heights 3rd Add

ADDITIONAL INFORMATION

An amazing duplex with premium finishes you won't normally find in a multi-family. Use as a quality rental, owner occupied, multi-generation, or rent a unit short/long term. It would make a great Airbnb. Kitchens, baths, and boilers in both units updated. Mini-split AC in both living rooms. Hardwood floors and natural woodwork throughout. 3rd newer bathroom in basement could be dedicated to one unit. Extra finished space in basement also for exercise, office, etc. Two sets of washer/dryers in basement for separate laundry. A two car garage and fenced in yard top off this wonderful property. Located on bus line, near parks, trails, lakes, Minnehaha Crk., and a bustling S. Mpls. Whether an investor or owner occupied, you'll be proud to own this great duplex.

Type:
Duplex
Sq.Ft.:
2,016
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
6627149

ADDITIONAL INFORMATION

Type:
Duplex
Sq.Ft.:
2,197
Status:
Active
Beds:
n/a
Year built:
1924
Baths:
MLS#:
6621978
Subdivision:
Jennie R F Blaisdells Add

ADDITIONAL INFORMATION

Great owner occupant or investor opportunity. Many updates in the last 2 years including new roof, water heaters, heating system and remodeled kitchens. Hardwood floors underneath just needs some cosmetics. Basement with plenty of room and storage.

Type:
Triplex
Sq.Ft.:
4,496
Status:
Active
Beds:
n/a
Year built:
1899
Baths:
MLS#:
6621538
Subdivision:
Kingstons Add

ADDITIONAL INFORMATION

Amazing large revenue generating triplex! The 3rd floor has been recently completed with modern finishings including modern kitchen and bathroom along with 3 bedrooms and a lovely walk out deck! The main floor and 2nd floor are in great condition and offer large kitchen space, 4 bedrooms on each level along with 1 full bath and their own porch space as well! Tenants pay their own utilities! Maintenance free siding! New metal roof will last for decades! Great income producer here with all 3 units currently rented with quality tenants!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1931
Baths:
MLS#:
6617580
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:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1905
Baths:
MLS#:
6607544
Subdivision:
Worcester Park Add

ADDITIONAL INFORMATION

This great duplex in South Minneapolis is located on a corner lot with a fenced in yard. Upper unit is 2 stories with 4 bedrooms and 1 bath. Lower unit is 2 bedrooms and 1 bath. Hardwood floors throughout the majority of the property. Both units have updated appliances. Both units have large living rooms and kitchens and 2 central heating systems. Strong rental history and great investment opportunity.

Type:
Fourplex
Sq.Ft.:
4,800
Status:
Active
Beds:
n/a
Year built:
1885
Baths:
MLS#:
6608124
Subdivision:
Shepards Sub Of Lt 10 Emersons Add

ADDITIONAL INFORMATION

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.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1916
Baths:
MLS#:
6607512
Subdivision:
State Add

ADDITIONAL INFORMATION

Great opportunity to invest in a renovated, centrally located triplex offering classic South Minneapolis charm. Two spacious 3-bedroom units each offer an attractive layout with a sunroom and a dining room with built-in, while the 2-bedroom unit has been completely updated with newer kitchen, bathroom, and refinished hardwood floors throughout. In addition to spacious units, each unit has a dedicated storage unit down stairs and there is a two car garage. Centrally located, walkable to both Midtown Global Market and Powderhorn Park. The location offers unique, easy access to downtown, uptown, and South Minneapolis with the Greenway and main city thoroughfares like Portland & Park Avenue close by. Strong rental history and great investment opportunity.

Type:
Fourplex
Sq.Ft.:
7,920
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 similar to a small condo building. Tenants pay their own Heat / Gas / Electric! Lots of storage is available in the basement with a separate entrance in the back for convenient access. Current rents are well below market for other 3-beds in the area, which can support an estimated 1700-1800 / M for similar units with in-unit laundry and furnace heat. Unit 1 was converted to 4-bed unit in the past, and unit 2 could be made into a similar 4-bed unit. The limited availability of 3- and 4-bedroom units in the area further strengthens the investment upside.

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:
Fourplex
Sq.Ft.:
4,018
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.:
4,338
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
6544810
Subdivision:
Worcester Park Add

ADDITIONAL INFORMATION

Welcome to 3549 Portland Avenue, a delightful duplex located in the vibrant Central Neighborhood of South Minneapolis. This impressive stucco and brick building exudes original charm with its stunning built-in bookcases, elegant fireplaces, classic dining room buffets, and beautiful hardwood floors. The main floor unit, combined with the finished basement, creates a spacious living area featuring 4 bedrooms, 2 bathrooms, 2 fireplaces, and a cozy family room. The upper unit is bathed in natural light and offers an additional 3 bedrooms. For those seeking extra space, a walk-up attic is easily accessible via the back staircase, providing potential for further expansion or storage. Recent updates add to the property’s appeal, including predominantly newer windows throughout, glass block basement windows, and two separate, updated Burnham hot-water boilers—ensuring optimal heating and energy efficiency. Each unit has its own electric system. The shared basement area features convenient on-site laundry facilities, additional storage rooms, and access to the attached three tuck-under garage stalls. There is also off-street parking available on the rear driveway, enhancing convenience for residents and guests alike. Outside, the patio space above the garage offers a perfect setting for entertaining, making this duplex not only a charming residence but also an inviting home for gatherings. Don't miss the opportunity to own a piece of this lovely neighborhood with all its fantastic amenities!

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.

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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 55407 has a population of 425,091. Minneapolis 55407 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 55407 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 55407 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

    62
    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
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 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