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$276,000
6 Beds ⋅ 2 Baths ⋅ 7035408 MLS
Rare opportunity to acquire a classic up/down duplex in the heart of Minneapolis that has been under the same ownership since 1994. Situated on a double lot with a fenced yard, this property offers both stability and long-term upside potential. This well-laid-out duplex features two spacious units, each offering 3 bedrooms and 1 bathroom, with a total of 2,678 finished square feet. The upper unit showcases hardwood floors and an updated kitchen, while both units offer functional layouts and the highly desirable convenience of in-unit laundry, a major draw for tenants. The property is currently occupied by long-term tenants, providing immediate, reliable income. The main floor rents for $1,500 per month, and the upper unit rents for $1,650 per month. Residents pay their own electricity. Rents have not been increased to match current market levels, as ownership has prioritized tenant stability, presenting a clear opportunity for future value growth. The stucco exterior is complemented by a pitched roof. The windows were recently replaced through the city’s lead abatement program, adding long-term value and peace of mind. The property is heated by a boiler system, with a newer boiler (~ 5 years old) and water heater (~ 6 years old), helping reduce near-term capital expenses. An unfinished attic provides additional storage, and a detached shed offers further convenience for tenants. Located near public transit and just steps from a variety of restaurants, shopping, and neighborhood staples including Mercado Central and Ingebretsen’s, this property offers strong appeal for renters seeking convenience and walkability. Located in a highly walkable area near Powderhorn Park, this duplex offers strong fundamentals, stable tenancy, and meaningful upside, making it a solid addition to any investment portfolio.

3010 15th Avenue S, Minneapolis

Listing courtesy of Peritus Real Estate.

$680,000
8 Beds ⋅ 4 Baths ⋅ 7032128 MLS
Fully Renovated Fourplex | Turn-Key Investment Opportunity | Prime South Minneapolis Location Exceptional opportunity to own a recently renovated fourplex in the heart of South Minneapolis. This well-maintained multifamily property has undergone extensive interior and exterior improvements, making it a strong turn-key investment with additional value-add potential. The exterior has been completely refreshed, Improvements include brand-new siding, exterior paint, and new upper rear windows, along with a fully rebuilt upper balcony featuring new decking and flooring. The front porch flooring has been replaced and the stucco professionally restored, preserving the property’s character while enhancing durability. Common areas have also been updated with new carpeting on the stairways. Inside, the units have been thoughtfully remodeled, featuring new kitchens, updated bathrooms, new flooring, fresh paint, modern light fixtures, and efficient hot and cold mini-split systems. Each unit offers spacious layouts providing comfortable and functional living spaces. Major operational feature with four 75,000 BTU boilers, four high-capacity water heaters, four pressure tanks, updated electrical with split meters ideal management for owners. The property sits on a generous lot with off-street parking for up to 10 vehicles, a rare amenity in this central Minneapolis location. The building also includes two separate rear entrances in addition to the main front entry, providing convenient access for residents. There is also additional income potential, with the possibility of finishing the basement and installing coin-operated laundry machines, creating another revenue stream for investors. Located near parks, restaurants, shopping, public transportation, and major city routes, this property offers strong rental appeal and long-term investment potential.

1537 E 38th Street, Minneapolis

Listing courtesy of National Realty Guild.

$995,000
8 Beds ⋅ 4 Baths ⋅ 6647526 MLS
Hundreds of thousands of dollars invested in capital improvements over the past couple of years including new roof, gutters, fascia, insulation (roof, exterior walls, & dividing walls), windows, doors, sills, flooring, trim, paint, radiator valves, ceilings, light fixtures, blinds, electric panel & electrical, water heaters, tub/shower tile surround, bike racks, back door, kitchen #4, and so much more! One of the best condition 4-plexes to become available. Every unit is rented, and done easily. Outstanding property, completely & significantly updated. Improvements done intentionally with focus on longevity, and attention to detail & quality. Well built and thought-out building. 2+ doors access each unit - entries at foyer and large back porch, with 3 staircases. Amazing outdoor spaces professionally landscaped. Appreciate brick exterior, paver patio, fence, gas ranges, dishwashers, stainless steel appliances, overhead & under cabinet lighting, two sets of Speed Queen laundry machines, and a bright & clean lower level. Unpainted original woodwork & built-ins. Units metered separately for gas & electric. Storage units in lower level. Sought after convenient location and quiet street. Off-street paved parking. Potential condo conversion opportunity. Exceptional investment property. Professionally managed; please anticipate 48 hour notice to tour. Schedule your tour today!

2125 Harriet Avenue, Minneapolis

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

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