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