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$429,900
4 Beds 2 Baths 7100406 MLS
Rare duplex property in Southwest Minneapolis. Perfect match for an owner occupant or investor. Ready for renters immediately or add bedrooms/bathrooms to enhance and maximize the income potential of this property. A very walkable and prime location near everything at 54th and Penn Ave S plus close proximity to Lake Harriet, Linden Hills, local unique eateries and centrally located for easy access to the entire Twin Cities area. This side by side duplex faces west towards the green space and trees of the neighborhood favorite Armatage Park. Each side features 2 bedrooms and a full bathroom on the main level. Welcoming and open layouts and flow with bedrooms away from main living area. Original hardwood floors on the main. Freshly painted interiors. 2-car detached garage with no alley. Built in 1950 with an all brick exterior. New roof on home and garage in 2024. Full concrete block wall in lower level keeps each side 100% divided and private. Tons of storage space in the number of closets on the main level and in the lower level. Easily add more living space and increase finished sq. footage in the lower levels. Features completely separate front and side entrances for each unit. Minimal steps in and out of each unit and the garage is very close and accessible for each side. Dividing up the utilities is easy due to 2 separate electric meters at back of the home and 2 separate gas meters at the front. Clean City of Minneapolis TISH Report with no required repairs and city-issued COA. A unique property with many positives in a prime Southwest Minneapolis location! Begin renting out immediately. Many possibilities exist for this special home! Prime location centrally located to all of the Twin Cities area.

5633 Penn Avenue S, Minneapolis

Listing courtesy of Compass.

$499,900
5 Beds 3 Baths 7105662 MLS
Charming Duplex in the Heart of Minneapolis! This well-maintained property offers an excellent opportunity for both investors and owner-occupants. Each unit features comfortable living spaces, abundant natural light, and functional layouts designed for easy, everyday living. Ideally located just minutes from downtown Minneapolis and only a short walk to North Central University, this home provides convenient access to schools, parks, restaurants, and public transportation. The fully finished basement adds even more value, offering potential for use as an additional unit, creating the possibility of a triplex setup. Whether you're looking to generate rental income or live in one unit while renting out the others, this property presents a fantastic opportunity in a highly desirable location.

1508 Elliot Avenue, Minneapolis

Listing courtesy of National Realty Guild.

$950,000
8 Beds 4 Baths 7108989 MLS
A rare find in one of Minneapolis’s most coveted neighborhoods: a true side-by-side duplex in Linden Hills. Unlike the more common up/down configuration, side-by-side means real privacy; no footsteps overhead, just two independent homes with a shared hallway in between. Just three doors down from Linden Hills Park; enjoy tennis, basketball, the splash pad and playground. Walk to Linden Hills' boutique shops, restaurants and bars; perfectly situated minutes from the lakes and a quick drive to downtown Minneapolis. Each unit offers 4 bedrooms and 2 bathrooms; a size and layout that's genuinely hard to find in this neighborhood. Fully renovated in 2022, both units feature open-concept kitchen and dining, granite countertops, stainless steel appliances, dedicated in-unit laundry and spacious bedrooms; while the original hardwood floors were preserved for character you can't replicate. Recent top-to-bottom updates mean minimal near-term maintenance for the new owner. One unit is vacant and ready to move in or rent; while the other unit is currently rented through August 2027 providing stable income for the new owner. Book your showing today!

4316 York Avenue S, Minneapolis

Listing courtesy of Rize Realty.

$209,900
5 Beds 2 Baths 7108987 MLS
Excellent investment opportunity in the Jordan neighborhood of North Minneapolis! This well-maintained duplex offers strong income potential with flexibility for both investors and owner-occupants. The upper unit features 3 bedrooms and 1 bathroom, has been freshly turned with fresh paint and updates, and is move-in ready for a new tenant or owner-occupant. Previously rented for $1,795/month, it offers immediate income potential with no waiting for turnover. The main level unit is currently leased on a month-to-month basis at $1,375/month, providing immediate cash flow while offering future flexibility with a 60-day notice period. With one unit ready for occupancy and the other producing income, this property is well suited for an owner-occupant looking to offset their mortgage or an investor seeking a straightforward addition to their portfolio. Enjoy a convenient location near North Commons Park, Theodore Wirth Park, the Mississippi River, West Broadway's restaurants and neighborhood businesses, Downtown Minneapolis, and the University of Minnesota. Easy access to I-94 and Highway 55 makes commuting throughout the Twin Cities simple. Whether you're expanding your investment portfolio or looking for an owner-occupied opportunity, this duplex offers immediate cash flow, future flexibility, and a turnkey upper unit ready for its next occupant.

1523 22nd Avenue N, Minneapolis

Listing courtesy of Algo Realty Inc.

$425,000
4 Beds 2 Baths 7098486 MLS
This well-maintained up-and-down duplex features two spacious units, each offering 2 beds and 1 bathroom, making it an attractive option for tenants and homeowners alike. Both units are currently rented, providing immediate rental income from day one. The property also includes a detached two-car garage and an additional driveway, offering ample off-street parking for residents. Ideally situated within walking distance of the University of Minnesota, this property is surrounded by popular coffee shops, local restaurants, parks, and all the conveniences of city living. Looking to maximize your investment? The unfinished basement presents the potential to add a third unit (subject to city approval and permitting), creating an opportunity to increase future rental income. Whether you're an investor seeking a cash-flowing property with upside potential or an owner-occupant looking to offset your mortgage with rental income, this duplex checks all the boxes.

921 Weeks Avenue SE, Minneapolis

Listing courtesy of eXp Realty.

$344,900
2 Beds 2 Baths 7108880 MLS
Classic Minneapolis Charm meets Smart Investing! Turn the key on an incredible opportunity with this classic, two-story double bungalow duplex situated on a rare, expansive lot. Each spacious 2-bedroom, 1-bathroom unit lives like a single-family home, boasting expansive layouts over two full stories. Character lovers will fall in love with the gorgeous, untouched natural woodwork, gleaming floors, and architectural charm that defines historic Minneapolis multi-family homes. Both units feature generous room sizes, bright windows, and dedicated living and dining spaces. The massive lot offers rare outdoor space for tenants to enjoy, garden, or entertain, providing a massive advantage over standard city lots. Perfect for an investor looking for a high-demand rental or an owner-occupant wanting to build equity while letting a tenant pay the mortgage. Don't miss this blend of classic style, space, and strong cash-flow potential!

1227 Morgan Avenue N, Minneapolis

Listing courtesy of Jernell Realty.

$409,900
6 Beds 2 Baths 7107968 MLS
Welcome to 1518 Park Ave, a turnkey investment opportunity with strong rental income potential. This duplex features two spacious two-story units, each offering 3 bedrooms and 1 bathroom, ideal for maximizing rental revenue. Both units include kitchens and baths, in-unit laundry, central AC, and off-street parking amenities that support higher rents and tenant retention. Major updates reduce near-term expenses, including a new roof (2023) with a 5-year workmanship warranty, new furnace in Unit 1 (Feb 2024), and newer water heaters (2024 & 2025). With strong rental comps, this property offers solid cash flow and cap rate potential. Located near downtown Minneapolis, U.S. Bank Stadium, HCMC, and the Convention Center, with easy access to transit, I-94, and 35W, ensuring consistent tenant demand.

1518 Park Avenue, Minneapolis

Listing courtesy of Sanyu LLC.

$885,000
8 Beds 4 Baths 7105425 MLS
Gorgeous Italianate building in the heart of Northeast with exceedingly-low vacancy rate (less than 30 days of vacancy between all units in the past 16 years). Hardwood floors, exposed brick, stained glass, and beautiful architecture create beautiful homes for your tenants. Private laundry in 3 units and 1 in basement. Large kitchens, front porch, shared rear porches, 3 garage spaces, plenty of off-street parking, and secured storage rooms for each unit make this an excellent opportunity for investors who want steady rental income. This building is turn-key with NOTHING to be done. Tier 1 rental license to-boot. Current leases are MTM but 3 of 4 tenants have been there for over two years.

444-446 Madison Street NE, Minneapolis

Listing courtesy of Luke Real Estate.

$879,900
9 Beds 6 Baths 7106694 MLS
Rare turnkey multi-family opportunity in the highly coveted East Bde Maka Ska (ECCO) neighborhood of Uptown! This classic property operates as a Triplex with a non-conforming 4th unit, offering an incredible footprint of over 5,100 finished square feet. Whether you are a seasoned investor looking to add a high-demand asset to your portfolio, or an owner-occupant looking to build massive equity while letting rental income cover your mortgage, this property delivers. The building features spacious layouts, classic Minneapolis charm, hardwood floors, abundant natural light, and an attached 2-car garage. The unit mix provides excellent rental versatility and strong historical occupancy. The location is an absolute renter's paradise with unbeatable local amenities. Tenants and owners alike will love being just a short walk to the shores of Lake Bde Maka Ska, and steps away from the vibrant dining, shopping, and entertainment districts of Lyn-Lake and Uptown. Commuting is effortless with excellent public transit options nearby, very bikeable streets, and quick access to I-35W and downtown Minneapolis. Don't miss out on a powerful wealth-building asset in one of the city's most resilient rental markets. Buyer/buyer's agent to verify all local zoning, square footage, and unit compliance details with the city. Schedule your private tour today!

3412 Humboldt Avenue S, Minneapolis

Listing courtesy of MOVE.

$900,000
9 Beds 6 Baths 7103604 MLS
Exceptional investment opportunity! This hard-to-find triplex, built in 2022, is located in the heart of South Minneapolis and offers immediate cash flow with all three units currently rented for a total monthly income of $7,500. Each unit features 3 bedrooms, 2 full bathrooms, an open and functional floor plan, and a stylish kitchen complete with granite countertops and stainless steel appliances. Built with modern finishes and low-maintenance construction, this property is an excellent addition to any investment portfolio. Conveniently located near shopping, dining, parks, public transportation, and major highways, this turnkey income-producing property offers the perfect combination of quality, location, and long-term rental potential. Each unit has its own PID number for a chance to sell each unit individually. A rare opportunity you won't want to miss!

5424 32nd Avenue S, Minneapolis

Listing courtesy of Real Estate Corners, Inc.

$900,000
9 Beds 6 Baths 7103611 MLS
Rare opportunity to own a newly built (2022) triplex in the heart of South Minneapolis! This hard-to-find property features three spacious units, each offering 3 bedrooms, 2 full bathrooms, an open-concept layout, and a beautifully designed kitchen with granite countertops and stainless steel appliances. Two units are currently rented, providing immediate rental income, while the remaining unit offer excellent flexibility for an owner-occupant or investor. Live in one unit and let the rental income from the other two help pay your mortgage, or maximize your investment by leasing all three units. Conveniently located near shopping, restaurants, parks, public transportation, and major highways, this is an outstanding opportunity to build wealth through real estate. Don't miss your chance to own this exceptional income-producing property!

1911 E 32nd Street, Minneapolis

Listing courtesy of Real Estate Corners, Inc.

$790,000
12 Beds 6 Baths 7105774 MLS
If you're looking to grow your investment portfolio or break into multifamily ownership through house hacking, this 4-unit property is worth a closer look. Located just minutes from downtown Minneapolis, this building offers a strong unit mix with two 3-bedroom units, one 2-bedroom unit, and one spacious 4-bedroom, 2-bath unit. The property is currently generating $108,000 in annual rental income with the following rents: Unit 1: 2 bed, 1 bath - $1,900/month ($22,800/year) Unit 2: 3 bed, 1 bath - $1,900/month ($22,800/year) Unit 3: 3 bed, 2 bath - $2,500/month ($30,000/year) Unit 4: 4 bed, 2 bath - $2,700/month ($32,400/year) All four units are currently occupied with tenants participating in the Housing Choice Voucher (Section 8) program. The 4-bedroom unit is expected to become available, creating an excellent opportunity for an owner-occupant to house hack while the other three units help offset the mortgage, or for an investor to lease it at market rent. The two upper units feature two-level floor plans with two bathrooms and updated kitchens. Each unit has its own furnace and dedicated water heater, and tenants pay their own gas and electric, helping reduce owner expenses. An oversized 2-car garage and additional off-street parking add even more value. The property is currently self-managed, with operating expenses available upon request. For qualified buyers, the sellers are also open to a Contract for Deed through their preferred lender with a minimum 20% down payment, subject to lender approval and mutually agreeable terms. Whether you're adding another cash-flowing property to your portfolio or looking for a smart way to live in one unit while the others help pay the mortgage, this is a rare multifamily opportunity in a convenient Minneapolis location.

2210 Oakland Avenue, Minneapolis

Listing courtesy of Pemberton RE.

$499,000
6 Beds 3 Baths 7106433 MLS
A rare opportunity to own two separate homes on one lot in the heart of Minneapolis! Ideal for an owner-occupant seeking more privacy than a traditional duplex, the main home and second home are completely separate residences, creating an excellent setup for multigenerational living, rental income, or a home office. The main home features classic Minneapolis charm with beautiful newly refinished hardwood floors, four bedrooms, a finished basement, and thoughtful updates throughout. The kitchen includes partial marble countertops, while the bathroom features a Jacuzzi tub. Major improvements include new siding and a new roof (2025), drain tile and sump pump, and a radon mitigation system, providing added value and peace of mind. The second home is a charming 1½-story, two-bedroom residence with a newer furnace and water heater, offering excellent flexibility for rental income, guests, extended family, or a private workspace. Whether you're looking to offset your mortgage with rental income, invest, or create a flexible living arrangement, this unique property offers exceptional potential in a desirable Minneapolis location.

3431 Elliot Avenue, Minneapolis

Listing courtesy of Pemberton RE.

$425,000
6 Beds 2 Baths 7095778 MLS
The cleanest duplex in Marcy-Holmes, and it comes with an assumable FHA loan at just 3.8%! Forget the deferred maintenance and endless projects that come with most 100-year-old Minneapolis properties. Built in 1990 and located just one mile from the University of Minnesota, this duplex offers the rare combination of modern construction, strong rental demand, and an interest rate that's impossible to find today. Each unit features 3 bedrooms, 1 bathroom, fresh updates, and modern finishes. Shared Bluetooth-enabled pay-per-load laundry provides additional income without the hassle of collecting coins. The HOA covers lawn care, snow removal, hazard insurance, and garbage/recycling, making ownership as hands-off as possible. House hack and assume the interest rate you’ll probably never see again in your life, or use this as a great start or addition to any portfolio. Current principal interest payment for the assumption is $1,814.56. Schedule a tour today!

924 9th Avenue SE, Minneapolis

Listing courtesy of Keller Williams Classic Rlty NW.

$524,900
4 Beds 2 Baths 7104971 MLS
Welcome to this fabulous, hard to find Tangletown gem! This lovely side by side duplex is a great opportunity to owner occupy or as a rental property. Many updates have been made to this home that has been lovingly maintained by its owner for over 30 years. The home is fresh and clean, while maintaining all the classic charm you are looking for - with gleaming recently refinished hardwood floors, some original cabinetry, built ins, and period appropriate bathroom features. The lovely brick exterior has mature landscaping and the backyard has a separated fenced area for one unit... great for pets! The full basement offers great additional storage. This is a rare listing in this area and is move in ready... take advantage!

5038 Nicollet Avenue, Minneapolis

Listing courtesy of Tangletown Realty.

$569,500
4 Beds 4 Baths 7105738 MLS
Exceptional turnkey triplex in the Sheridan Neighborhood of Northeast Minneapolis. Whether you are an investor seeking a stable income-producing property or an owner-occupant looking to house-hack, this is the perfect opportunity. This unique triplex currently has active Long-term and Short-term rental licenses with the City of Minneapolis. Each of the three units is currently vacant and has been thoughtfully updated with modern finishes, stainless steel appliances, LVP flooring, and newer windows. The property also features an unfinished basement with dedicated storage and laundry accommodation for each unit. There is a large fenced outdoor space that includes a one-car garage with attached sheds, a two-car garage, and spacious uncovered off-street parking with additional capacity for six to eight vehicles. This immense exterior space offers potential for future ADU opportunities. Unit 1 on the main level features one bedroom and one bathroom and was previously used as a long-term rental. Unit 2 on the main level features one bedroom, one bathroom, and forced air with central A/C . This unit is currently used as a short-term rental, fully furnished and operational, netting an average of $2,000 per month. Unit 3 on the upper-level features two bedrooms, two bathrooms, in unit washer and dryer, in-suite bathroom in the primary bedroom, and forced air with central A/C. This unit was owner occupied. Located in one of Northeast Minneapolis’ most creative and energetic neighborhoods, this property is surrounded by popular restaurants, breweries, galleries, and local small businesses; all while offering convenient access to Downtown Minneapolis and The University of Minnesota. Don’t miss your chance to own this unique, updated triplex and all its amenities!

1411 Grand Street NE, Minneapolis

Listing courtesy of Algo Realty Inc.

$650,000
6 Beds 2 Baths 7100786 MLS
This turnkey duplex sits three blocks from Lake Harriet and close to Minnehaha Creek, near fabulous restaurants like Broders and great neighborhood shopping. Each unit has 3 bedrooms, with the third tucked down a back hallway, meaning it’s private and out of sight, making it also ideal as a home office. Add separate washers and dryers, original woodwork and built-ins, and updates throughout. One unit rents for $2,380 with room to raise, and the owner's unit can go straight to market rate. Outside, enjoy a quiet brick patio plus a 2-car garage and two off-street spaces. Live in one unit and let the other help cover the mortgage, or add it to your investment portfolio in one of Minneapolis's best lake neighborhoods.

5053 Penn Avenue S, Minneapolis

Listing courtesy of Keller Williams Realty Integrity.

$450,000
4 Beds 2 Baths 7105432 MLS
Well-maintained classic brick duplex in the heart of NE Minneapolis — one of the city's most sought-after neighborhoods. Live in one unit and collect rent from the other, or lease both and let the property work for you. Original craftsmanship shines throughout: 10-foot ceilings, hardwood floors, and generous layouts that give each unit real breathing room. Both units offer 2 bedrooms and 1 full bath, with plenty of updates already done. Utilities are fully split — separate furnaces and water heaters for each unit — keeping operations clean and expenses easy to manage. The upper unit adds a private balcony. The basement provides solid storage and shared laundry access. Out back, a large detached garage handles parking and overflow storage, with additional off-street parking on top of that. Steps from NE Minneapolis's best — local restaurants, bars, breweries, and independent shops. One lease runs through the end of June, giving a new owner flexibility to move in or reset rents at market. Many recent updates include furnaces, water heaters, and updated electrical panels in each unit. Lower unit features an updated granite countertop and a complete bath remodel. Wood floors have been restained and have been polished every 2-3 years. Added insulation in the attic. Updated railing and waterproofing on second floor deck/balcony. Move-in ready. Income-producing from day one. Hard to find at this location. Schedule a showing today!

1123 5th Street NE, Minneapolis

Listing courtesy of eXp Realty.

$438,000
5 Beds 2 Baths 7102856 MLS
Thoughtfully updated duplex in the Sheridan neighborhood of Northeast Minneapolis, offering a blend of modern updates and well-maintained historic character. The lower unit underwent a complete renovation in 2021, including a new kitchen with custom cabinetry, quartz countertops, stainless steel appliances, and a tiled 3/4 bathroom. Additional improvements include refinished hardwood floors, updated lighting throughout, and private in-unit laundry. The upper unit has been recently refreshed with new paint and luxury vinyl plank flooring throughout. In 2023, the property underwent comprehensive lead-based paint remediation, including all new windows and replacement of all affected surfaces identified during the remediation process, providing added peace of mind for future ownership. Major mechanical updates include a new boiler (2026), two new water heaters (2025), and separated electrical service. Outside, enjoy a fully fenced backyard and a detached two-stall garage. Both units are currently leased on a month-to-month basis, generating $1,900 per month for the lower unit and $1,500 per month for the upper unit, offering flexibility for both investors and owner-occupants.

1520 Washington Street NE, Minneapolis

Listing courtesy of Premier Realty LLC.

$865,000
6 Beds 2 Baths 7104031 MLS
Exceptional opportunity to own a beautifully updated duplex in the heart of the Lynnhurst neighborhood, just blocks from Lake Harriet! Whether you're looking to expand your investment portfolio or secure a premium owner-occupied opportunity, this duplex combines timeless character with extensive capital improvements in one of Southwest Minneapolis' most sought-after locations! Each unit offers approximately 1,288 finished square feet with three bedrooms and one full bathroom (the upper-level third bedroom is currently configured as an office). Additionally, each unit is served by its own boiler, providing independent heat and added convenience for both owners and tenants. The upper unit also features a beautifully remodeled kitchen and bathroom, central air conditioning, abundant natural light, and a bright sunroom. Additional highlights include an insulated detached three-stall garage (two for the upper unit, and one for the lower unit), finished shared laundry area, and owned solar panels. Current ownership has invested over six figures into these updates, which additionally include a brand-new sewer line, new A/C condenser, finished basement laundry area, and complete exterior painting makeover. The lower unit is leased at $2,495/month through July 31, 2027, and the upper unit is leased at $2,900/month through September 30, 2026 (vacating then). Reach out with any questions, or to schedule a tour!

5005 Oliver Avenue S, Minneapolis

Listing courtesy of Compass.

$485,000
5 Beds 3 Baths 7101743 MLS
Charming up/down duplex in the heart of Northeast Minneapolis! Nestled in the highly desirable Windom Park neighborhood, this well-maintained property offers an excellent opportunity for both investors and owner-occupants. The spacious lower unit features 4 bedrooms and 2 bathrooms and is currently vacant, providing immediate flexibility for an owner-occupant or the ability to lease at current market rents. Previously leased for $2,575/mo. The upper 1-bedroom, 1-bathroom unit is leased through September 2026 at $1,400 per month. Numerous updates include a new roof (2021), two new furnaces (2023), new A/C for the upper unit (2023), and renovations to the lower unit featuring new carpet, fresh paint, bathroom refresh, butcher block countertops, and updated hardware. Conveniently located just minutes from the University of Minnesota, St. Anthony Main, Downtown Minneapolis, the North Loop, and major highways including I-35W, this property offers the perfect combination of location, flexibility, and investment potential. Whether you're looking to expand your portfolio or offset your mortgage with rental income, this Northeast duplex is one you won't want to miss.

2206 Arthur Street NE, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$410,000
4 Beds 2 Baths 7103169 MLS
Charming up-and-down duplex located just a few houses from Powderhorn Park! Each unit offers 2 spacious bedrooms and 1 full bathroom, featuring beautiful built-ins that add both character and functionality. Enjoy bright and versatile sunrooms in both units, perfect for a home office, cozy reading nook, additional seating area, or playroom. Each unit has two private entrances, providing convenience and flexibility for occupants. Shared laundry is located in the basement, and both units benefit from off-alley parking, with additional street parking readily available. Situated in a highly desirable neighborhood, Powderhorn Park is just steps away, offering scenic walking paths, green spaces, multiple playgrounds, and a recreation center. This is a fantastic opportunity for owner/occupants or investors alike!

3509 11th Avenue S, Minneapolis

Listing courtesy of Coldwell Banker Realty.

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