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$395,000
6 Beds ⋅ 3 Baths ⋅ 7094932 MLS
Rare South Minneapolis Triplex Opportunity in the Heart of Longfellow/Cooper! Don’t miss this well-maintained and well-located triplex in the highly desirable Cooper neighborhood of South Minneapolis. This income-producing property features three separate units, each offering 2 bedrooms and 1 bathroom, providing strong rental appeal and flexible ownership options. The upper unit features beautiful hardwood floors and an additional porch room, while the side unit has been recently updated with new flooring and new bathroom plumbing. This property has recently seen several significant capital improvements, including a new roof, new main sewer line, plumbing, and updated furnaces—offering peace of mind and reducing major near-term expenses. With three separate forced-air furnaces and three water heaters, the building benefits from efficient independent utilities and simplified management. Situated on a corner lot, the property offers abundant off-street parking, basement storage, and owned coin-operated laundry for tenant convenience. The current tenants are month-to-month leases, with a unit available for an owner occupant. Whether you’re looking to expand your portfolio, owner-occupy, or house hack, this is an exceptional opportunity with immediate cash flow potential and long-term upside located in a vibrant neighborhood with excellent walkability to restaurants and shops.

3300 41st Avenue S, Minneapolis

Listing courtesy of Home Avenue Flat Fee Realty.

$689,000
4 Beds ⋅ 2 Baths ⋅ 7093893 MLS
Wonderful side-by-side duplex just steps from Cedar Lake, Lake of the Isles, the Grand Rounds Scenic Byway, and the Kenilworth Trail system—one of Minneapolis’ most coveted outdoor corridors. Situated among beautifully maintained homes along Benton Blvd, this property offers an exceptional blend of location, lifestyle, and long-term value. Each unit features vaulted main-floor ceilings with skylights, creating bright, airy living spaces. The walkout lower-level family rooms, each with a free-standing gas fireplace, provide comfortable additional living space with direct access to the outdoors. Upstairs, both units include two rear-facing bedrooms overlooking the backyard, offering privacy and peaceful treetop views. A rare opportunity to own a well-designed duplex in a premier lakes-area setting—ideal for owner-occupants, investors, or those seeking a flexible living arrangement near Minneapolis’ most iconic natural amenities. Seller is willing to consider Contract for Deed buyer financing with acceptable terms.

2918 Benton Boulevard, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$549,900
4 Beds ⋅ 2 Baths ⋅ 7091892 MLS
Exceptional Up/Down Duplex Near Lake Harriet & Minnehaha Creek. Discover a rare opportunity to own a charming and versatile duplex ideally located on the corner of 53rd Street and Penn Avenue, just one block from scenic Minnehaha Creek and only five blocks south of Lake Harriet. This property features two spacious units, each offering a thoughtfully designed layout that includes a bright living room, formal dining room, full kitchen, two bedrooms, one full bathroom, and a cozy fireplace. The main-level unit showcases beautiful hardwood floors throughout, while the upper unit is comfortably carpeted, providing an added layer of quiet and privacy for tenants. Each unit includes its own garage stall, adding convenience and value for occupants. The unfinished lower level presents outstanding expansion potential and includes an additional fireplace—bringing the total to three fireplaces throughout the home. Whether you're an investor seeking strong rental income, an owner-occupant looking to offset expenses, or exploring short-term rental opportunities such as Airbnb, this property offers exceptional flexibility. Current rents are below market, presenting immediate value-add potential.Enjoy an unbeatable lifestyle with easy access to nearby beaches, popular biking and walking trails, and neighborhood favorites like Broders’ Pasta Bar, Nico’s Tacos, and more — all just minutes away. A unique blend of location, character, and income potential—this is one you won’t want to miss.

5300 Penn Avenue S, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$459,950
6 Beds ⋅ 4 Baths ⋅ 7087862 MLS
Four-unit property with Northeast character in a great location of the Beltrami neighborhood. Grocery stores, restaurants, breweries, and the University of Minnesota all in close proximity. All units are currently rented month-to-month with long-term tenants in place. The property includes two 2-bedroom units on the upper floor and two 1-bedroom units on the main level. Unit 1 was originally a neighborhood storefront during the roaring ’20s, adding a colorful chapter of local history to the property. Additional income opportunities include rent growth, RUBS implementation, monetizing the 5 garage spaces, and pet rent (building is dog-friendly). Large lot with yard adds further tenant appeal. Unit 1 - 672 sqft (1BR/1BA) – $1,000 Unit 2 - 588 sqft (1BR/1BA) – $950 Unit 3 - 672 sqft (2BR/1BA) – $1,050 Unit 4 - 588 sqft (2BR/1BA) – $1,000 Building Improvements: Roof: New in 2017 Garage Roof: New 2026 Boiler: New in 2013 Plumbing: Supply lines, PEX, 2013 Water Heaters: Replaced in 2013 Operating Expense Taxes: $9,381 Water + Solid Waste: $4,131 Insurance: $2,481 Gas : $2,769 Electric: $500

456 Buchanan Street NE, Minneapolis

Listing courtesy of Lifestyles.

$425,000
5 Beds ⋅ 3 Baths ⋅ 7091487 MLS
Spacious Bryant duplex offering the flexibility and opportunity that owner-occupants and investors alike are looking for. With more than 2,600 finished square feet, both units feature generously sized living and dining areas, abundant natural light, and room sizes rarely found in today's multifamily properties. The main-level unit offers 2 bedrooms and 1 bath, beautiful hardwood floors, and opportunity for immediate owner occupancy. The upper unit spans two levels with 3 bedrooms and 2 baths, creating a layout that lives much like a single-family home. Updated kitchens and baths, a detached two-car garage, shared laundry, and a corner lot add to the property's appeal. Whether you're looking to offset your mortgage with rental income, occupy one unit while leasing the other, or expand your investment portfolio, this property offers a rare combination of space, character, and versatility in the heart of South Minneapolis.

3954 Portland Avenue, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$305,000
4 Beds ⋅ 2 Baths ⋅ 7080138 MLS
Exceptional investment opportunity in Minneapolis' growing Hawthorne neighborhood! This well-maintained duplex is ideal for both owner-occupants and investors seeking strong cash flow and long-term appreciation. Major updates completed in 2021-2022 include a new roof, furnace, water heater, walkway, stairs, and retaining wall, providing peace of mind and reduced maintenance costs for years to come. The property is currently generating solid rental income, with Unit 1 rented at $1,250/month and Unit 2 rented at $1,575/month. Located in an area experiencing significant reinvestment and growth, this property is surrounded by new development activity, including a brand-new construction duplex valued at approximately $450,000 being built next door. Additional new construction projects have recently been completed nearby, further enhancing the neighborhood's appeal and future value. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a stable, income-producing asset to your portfolio, this duplex offers a rare combination of cash flow, updates, and upside potential. Don't miss your chance to own in one of North Minneapolis' emerging neighborhoods!

2915 N 3rd Street, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$349,900
3 Beds ⋅ 2 Baths ⋅ 7064636 MLS
This fully updated South Uptown duplex offers a clean, turnkey opportunity for owner-occupants or investors. Every space has been refreshed with new flooring, fresh paint, and updated lighting throughout. Both units feature open floor plans and renovated kitchens outfitted with brand-new cabinets and appliances. The main-level unit includes 2 bedrooms and 1 bath, while the bright upper unit offers 1 bedroom and 1 bath. Practical upgrades include new windows, freshly painted front and back porches, and separate washer/dryer sets in each unit. The mechanicals are set up seamlessly with split electrical utilities and individual 100-amp panels. Roof replaced in 2025. Located in a highly walkable neighborhood, the property sits just blocks from local parks, shops, restaurants, and Bde Maka Ska.

3429 Aldrich Avenue S, Minneapolis

Listing courtesy of RE/MAX Results.

$409,900
9 Beds ⋅ 3 Baths ⋅ 7075280 MLS
Excellent multifamily investment opportunity in a prime South Minneapolis location with long-term tenants! This well-maintained, large duplex at 2314 Portland Ave S, Minneapolis, MN 55404 offers spacious living arrangements with 5BR/2BA and 3BR/1BA units, separate entrances, and abundant off-street parking, a rare amenity in the urban core. The property combines strong functionality with excellent rental potential, making it ideal for both investors and owner-occupants seeking stable income and long-term appreciation. Spacious units, flexible layouts, and consistent tenant demand create an attractive opportunity in one of Minneapolis’ most accessible neighborhoods. Conveniently located near downtown Minneapolis, public transit, parks, restaurants, hospitals, and major employment corridors, this property offers outstanding connectivity and strong tenant appeal. Additional upside available through the City of Minneapolis 4D Affordable Housing Incentive Program, which can reduce property taxes by up to 40% annually if qualifying units are enrolled. The property is fully occupied with long-term tenants in place, providing stable and predictable income: Unit 1 (5BR/2BA): $2,050/month lease through May 31, 2027 Unit 2 (3BR/1BA): $1,750/month lease through March 31, 2027 Current Gross Rental Income: $3,800/month ($45,600 annually) Utilities: Trash & Water: $303.35/month Electric: $18/month Total Average Utilities: $321.35/month ($3,856 annually) Strong location, solid fundamentals, and future upside potential make this a compelling addition to any investment portfolio.

2314 Portland Avenue S, Minneapolis

Listing courtesy of Summit Realty LLC.

$389,900
7 Beds ⋅ 3 Baths ⋅ 7074993 MLS
Public Remarks: Fantastic investment opportunity in the desirable Central neighborhood of South Minneapolis! This classic triplex blends timeless character with solid income potential and long-term upside. The property features updated mechanicals, newer vinyl thermopane windows, and three income-producing units currently rented at $1,575, $1,590, and $1,000 per month. Located in a highly walkable and bike-friendly area near transit, parks, restaurants, and the Midtown Greenway, this property offers strong tenant appeal and convenient access to everything South Minneapolis has to offer. Ideal for an owner-occupant seeking supplemental rental income or an investor looking for a stable multifamily asset in the urban core. Opportunity to convert currently rented nonconforming unit to conforming through the addition of an exterior staircase. Additional financial upside available through the City of Minneapolis 4D Affordable Housing Incentive Program, which can reduce property taxes by up to 40% annually if qualifying units are enrolled. Strong cash flow, classic charm, and future upside make this a compelling opportunity in one of Minneapolis’ most connected neighborhoods.

3605 S 3rd Avenue, Minneapolis

Listing courtesy of Summit Realty LLC.

$725,000
12 Beds ⋅ 4 Baths ⋅ 7075302 MLS
Excellent opportunity to acquire a South Minneapolis multifamily portfolio with strong long-term upside potential in desirable urban neighborhoods. Properties offer a mix of stable cash flow, value-add opportunities, and proximity to transit, parks, restaurants, and major employment centers. Ideal for investors seeking scale, operational efficiency, and long-term appreciation within the Minneapolis urban core. Public Remarks: Exceptional investment opportunity in the heart of South Minneapolis! This well-maintained 4-plex at 3500 1st Ave S, Minneapolis, MN 55408 features four large 3-bedroom, 1-bath units with updated kitchens, stainless steel appliances, and separately metered utilities for streamlined management and tenant convenience. The property generates strong rental income with average rents of approximately $1,600 per month per unit, plus additional garage income from the detached 3-car garage at $75 per stall monthly. Spacious layouts, functional floorplans, and consistent rental demand make this an attractive long-term hold with excellent cash-flow potential. Ideally located near transit, restaurants, parks, shopping, and major Minneapolis amenities, this property offers both convenience and strong tenant appeal in a highly sought-after urban location. Additional upside potential through the City of Minneapolis 4D Affordable Housing Incentive Program, which allows a new owner to reduce property taxes by up to 40% annually by enrolling qualifying units. Perfect opportunity for investors seeking stable income and long-term appreciation or an owner-occupant looking to offset housing costs with substantial rental revenue.

3500 1st Avenue S, Minneapolis

Listing courtesy of Summit Realty LLC.

$500,000
4 Beds ⋅ 4 Baths ⋅ 7082395 MLS
Classic Powderhorn fourplex offering split utilities, enduring original character, and consistent rental demand in one of South Minneapolis’ most established neighborhoods. Situated on a corner lot just blocks from Powderhorn Park, this well-maintained property features four spacious 1-bedroom, 1-bath units with separate gas and electric, individual furnaces and water heaters, shared laundry, off-street parking, and a detached two-stall garage. Each unit retains the architectural details that continue to support long-term rental appeal, including original hardwood floors, built-in buffets, natural woodwork, and. enclosed porches that provide additional functional living space. Recent improvements include fresh exterior paint, new gutters, updated LED lighting throughout, electronic locks, updated landscaping, shared laundry with new washer and dryer, and a new water heater. The property offers stable in-place income with additional upside potential through future improvements over time. Additional features include basement storage lockers, rear deck access, and four off-street parking spaces in addition to the garage. Conveniently located near Powderhorn Park, transit, bike trails, downtown Minneapolis, and neighborhood dining and retail, this is an opportunity to acquire a well-positioned Minneapolis multi-family asset in a consistently strong rental corridor.

3400 Elliot Avenue, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$335,000
3 Beds ⋅ 2 Baths ⋅ 7081579 MLS
Thoughtfully renovated up-down duplex in the heart of Longfellow offering a rare opportunity for both investors and owner-occupants alike. Updated inside and out, this turnkey property blends classic Minneapolis character with extensive 2025 improvements, including a new roof, gutters, exterior paint, landscaping, fencing, added A/C, and more. The upper unit offers a private 1 bedroom, 1 bathroom layout with its own entrance, updated kitchen and bath, and flexible month-to-month occupancy ideal for future flexibility. Both units include in-unit laundry, fresh paint, updated lighting, smart locks, blackout bedroom blinds, and thoughtfully selected finishes. Bathrooms have been fully refreshed with new tile flooring, shower surrounds, vanities, mirrors, lighting, and fixtures. Located just blocks from the Mississippi River, neighborhood parks, trails, local restaurants, and light rail access, this move-in-ready duplex offers a rare combination of character, updates, and convenience in one of Minneapolis’ most connected neighborhoods.

3609 E 42nd Street, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$849,900
8 Beds ⋅ 4 Baths ⋅ 7081567 MLS
Renovated duplex with TWO multi-level 4 bedroom, 2 bath units! Perfect for an owner-occupant or Air BNB one of the units or rent out both units. Beautiful old world charm including natural woodwork, leaded windows, fireplaces, 3 season porches and built-in's. The main floor owner's unit has newly refinished hardwood floors, a renovated kitchen w/ quartz counters, stainless appliances and a butlers' pantry w/ custom enameled cabinetry. 2 main floor bedrooms and a renovated full bath w/ hex floor tile and subway tub surround. The light filled lower level features a family room, 2 additiional bedrooms and a renovated full bath. The upper level is the 2nd and 3rd floors. The 2nd floor layout is identical to the main floor. The 3rd floor features a kitchenette, 2 bedrooms, Family room/flex space and a 3/4 bath. Immaculated exterior with new double hung windows, new porch combination windows, 2 year old roof/siding/window wraps. RARE driveway + alley with 2 car detached garage and plenty of room to park at least 3+ additional cars. Separate utilities for each unit including wall mounted boilers/water heaters. Home warranty included.Main floor is currently vacant and ready to show. 2nd/3rd floor unit is currently rented til 8/31/2026 and is available for 2nd showings with a 24 hour notice.

2441 Dupont Avenue S, Minneapolis

Listing courtesy of Edina Realty, Inc..

$1,895,000
5 Beds ⋅ 4 Baths ⋅ 7076186 MLS
Perched high above Lake Harriet, this exceptional three-unit multifamily property presents a rare opportunity to own a thoughtfully renovated asset in one of Minneapolis' most coveted locations. Showcasing sweeping lake views and timeless architectural character, each residence has been meticulously remodeled to blend modern comfort with enduring charm. The property offers three distinct living spaces, each featuring updated kitchens, refreshed bathrooms, stylish finishes, and carefully curated design elements throughout. Expansive windows capture natural light and picturesque views of Lake Harriet, creating an inviting atmosphere for residents and guests alike. Whether you're an investor seeking a turnkey income-producing property or an owner-occupant looking to enjoy a premier lakefront lifestyle while generating supplemental income, this offering delivers unmatched versatility. Situated just steps from the lake's walking and biking trails, parks, dining, and neighborhood amenities, residents enjoy an unparalleled connection to one of Minneapolis' most vibrant and desirable communities. A truly unique opportunity to acquire a fully remodeled trophy property overlooking Lake Harriet, where location, lifestyle, and investment potential converge.

4214 Queen Avenue S, Minneapolis

Listing courtesy of Prudden & Company.

$374,900
4 Beds ⋅ 2 Baths ⋅ 7082009 MLS
Nestled on a mature tree-lined street in Whittier, this 1905 up/down duplex sits moments from Lake of the Isles, the Walker Art Center, The Wedge Co-op, Spyhouse Coffee, and The Leaning Tower of Pizza. The kind of charm you can't fake, and a location with perks. This is the perfect opportunity for an owner-occupant just getting in the game, someone wanting to offset their mortgage, or an investor ready to add a turnkey duplex to their portfolio. Here's what makes it easy: separate boilers, separate electric, separate hot water heaters. Tenants pay their own gas and electric. You handle water, sewer, and trash. Sewer line recently cleaned and in good condition. Off-street parking, fenced yard, shared laundry in the basement. Live in one, rent the other. Rent both and let it pay for itself. House hack your way into something you actually own. However you use it, the math works and the options are real.

2305 Garfield Avenue, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$825,000
10 Beds ⋅ 8 Baths ⋅ 7079275 MLS
A rare turnkey 2005-built triplex, with an extra studio/storage space, in one of Minneapolis's most in-demand rental submarkets — this property offers investors a stabilized asset with strong, consistent rents across all four units. The property has had zero vacancies in five years, and strong tenant quality and rental history make it a proven income producer from day one, not a projection. Current gross rents total $7,650 per month, or $91,800 annually. There's also a clear value-add lever: water can be separately metered so tenants cover their own usage, immediately improving NOI. Built in 2005, the property is newer construction than most of the surrounding rental stock, meaning lower near-term capex risk on major systems, and all the units feature modern kitchens, updated baths, and in-unit laundry — amenities that support premium rents and tenant retention. Located within walking distance to Uptown's restaurants, retail, and transit, the property benefits from the kind of walkability that keeps this submarket in consistent demand and supports long-term appreciation. With stabilized cash flow and a clear expense-reduction opportunity, this property offers rare in-place income in one of Uptown's tightest rental markets.

3514 Grand Avenue S, Minneapolis

Listing courtesy of Real Broker, LLC.

$749,900
4 Beds ⋅ 4 Baths ⋅ 7070805 MLS
Exceptional opportunity to own a well-maintained duplex in one of Minneapolis' most sought-after neighborhoods, just a block from the shores of Bde Maka Ska and near Thomas Beach. Whether you're an investor or owner-occupant, this property offers an unbeatable combination of location, character, and recent mechanical updates. Both units feature beautiful hardwood floors, classic fireplaces, spacious layouts, and abundant natural light, blending original character with comfortable everyday living. Significant improvements include a new roof-2024, new A/C for both units-2025, a new furnace for Unit 2508 in 2025, and Unit 2510 in 2024. Enjoy easy access to walking and biking trails, parks, restaurants, coffee shops, shopping, and public transportation, with a bus stop conveniently located nearby. Properties in this prime Southwest Minneapolis location rarely become available, making this an outstanding opportunity for long-term investment or owner-occupied living close to the city's premier lake and recreation amenities.

2508 W 39th Street, Minneapolis

Listing courtesy of RE/MAX Advantage Plus.

$539,900
6 Beds ⋅ 2 Baths ⋅ 7078935 MLS
Move in by August 1 and let the lower unit help pay your mortgage. 3324 Hennepin Ave is the rare East Bde Maka Ska duplex set up for an effortless house-hack, the spacious 4-bedroom upper unit, featuring a bright sun room and original woodwork, is becoming available for owner-occupancy, while the charming 2-bedroom lower unit, with its granite kitchen, custom cabinetry, and cozy living-room fireplace, brings in $1,850/month through April 2027. Just a short walk to Lake Bde Maka Ska, the Greenway, and the heart of Uptown, this 1909 brick duplex blends original character with thoughtful modern updates. The fully fenced backyard with fire pit and detached two-car garage make it feel more like a single-family home than a duplex, and an architectural plan set is on file for a potential third basement unit, adding future upside for the right buyer. Whether you're an owner-occupant chasing the elusive 4-bedroom upper, an investor who values documented rental income, or a house-hacker wanting both, 3324 Hennepin delivers. Owner is a licensed agent. All measurements approximate; buyer to verify.

3324 Hennepin Avenue, Minneapolis

Listing courtesy of Aire LLC.

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