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$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.

$369,900
4 Beds 2 Baths 7029169 MLS
UP TO $97,000 IN POTENTIAL HOMEBUYER ASSISTANCE MAY BE AVAILABLE — PLUS $3,400/MONTH IN CURRENT RENTAL INCOME! Eligible owner-occupants may have access to multiple homebuyer assistance programs, potentially including up to $45,000 through the Advancing Black Homeownership Community Fund, up to $32,000 in first-generation assistance, and up to $20,000 through the City of Minneapolis, subject to individual eligibility, available funding and program requirements. Not all programs may be combined. Both units are currently leased with $3,400/month in combined rental income. The lower level offers additional finished space, a framed bedroom area and rough-ins for a future kitchen and bathroom, creating potential for additional value. Buyer to verify zoning, permits, code compliance and permitted use with the City of Minneapolis. An opportunity to combine rental income with potentially substantial homebuyer assistance.

3118 Newton Avenue N, Minneapolis

Listing courtesy of Coldwell Banker Realty.

$950,000
6 Beds 4 Baths 7006102 MLS
Rare opportunity in the heart of Summit Hill. This beautifully updated 1880 triplex blends historic character with thoughtful modern improvements in one of St. Paul’s most desirable neighborhoods. A welcoming open front porch sets the tone for the home’s timeless charm. The spacious main-level residence lives like a single-family home, featuring an updated kitchen that has been opened to the living and dining areas, creating an ideal space for gathering and entertaining. It offers four bedrooms, including a private primary suite with marble tile ¾ bath and two separate closets, plus an additional full bathroom and in-unit laundry. Central air conditioning adds comfort to this expansive main-floor home. The upper level includes two historic one-bedroom apartments, with large living room and separate formal dining rooms. Each is equipped with two mini-split systems providing efficient heating and air conditioning. These units feature shared upper-level laundry set for added convenience. Outside, the property offers an exceptional five garage stalls, including one equipped with an electric vehicle charger. Located in the highly sought-after Summit Hill neighborhood, residents enjoy the ability to walk to neighborhood restaurants, coffee shops, groceries, fitness studios, and more. A rare opportunity to own a classic St. Paul property with modern updates, strong rental flexibility, and an unbeatable location.

846 Lincoln Avenue, Saint Paul

Listing courtesy of Edina Realty, Inc..

$1,149,000
8 Beds 4 Baths 7013399 MLS
This thoughtfully updated 4-plex presents an outstanding opportunity for both investors and owner-occupants, ideally located just minutes from the University of St. Thomas and convenient transit lines. Unit 2 is currently vacant, providing the perfect opportunity to owner-occupy while generating rental income from the remaining three units, or to lease the unit at current market rates for immediate cash flow. All four units have been extensively renovated while preserving the property's timeless character, highlighted by original built-in buffets and rich woodwork throughout. Updated interiors feature granite countertops, gas cooktops, stainless steel appliances, remodeled bathrooms, and newer windows, creating an attractive blend of classic architecture and modern finishes. Additional improvements include a high-efficiency boiler and updated laundry equipment, supporting efficient operation and tenant convenience. The dry, unfinished basement offers ample storage and potential for future expansion. Situated in the highly desirable Merriam Park/Union Park neighborhood and just steps from the vibrant Grand Avenue corridor, this property combines historic charm, quality renovations, and exceptional flexibility for both investors and owner-occupants in one of St. Paul's most sought-after locations.

1630 Hague Avenue, Saint Paul

Listing courtesy of Keller Williams Preferred Rlty.

$539,950
4 Beds 3 Baths 7029062 MLS
Perfectly situated between King Field and East Harriet, you'll find the duplex that you've been waiting for. It is an exceptional opportunity for an owner to occupy one level while renting out the other. For the savvy buyer, this property has the potential to become a triplex. Each unit boasts a private entrance that leads to a roomy living space with a full kitchen including stainless appliances. You'll look for reasons to entertain in the open floor plan, which features inviting, dedicated living and dining rooms. Spread out and enjoy your privacy with 2 spacious bedrooms and a full updated bathroom with tile. You'll love the oversized 2 stall garage with ample storage space. The fenced backyard is a hidden oasis offering a beautiful stone fire pit, rock and concrete patio and landscaping and climbing vines for a touch of greenery. Your backyard is a low maintenance, fabulous destination. Both units have been updated and each offers its own personality. The main floor entrance is a stunning 3 season porch while the upper level is a newer deck and stairs, each giving you an additional place to relax. Welcome home!

3917 Garfield Avenue, Minneapolis

Listing courtesy of RE/MAX Advantage Plus.

$410,000
6 Beds 2 Baths 7024621 MLS
Here is a rare opportunity find...a duplex with two three bedroom apartments ready for new tenants. Newly updated and rare six bedroom duplex in the vibrant West 7th Neighborhood, just steps away from breweries, cafes, restaurants, the Xcel Energy Center, etc. Less than 4 minutes to Downtown Saint Paul and shopping and entertainment district. 5 minutes to scenic trails and bluffs overlooking the river. In the heart of the city but tucked away in a quiet corner, this gem offers brand new appliances, bathrooms, fixtures, etc. with tasteful finishes throughout the home. Great yard space, paved driveway, storage shed, and decks for each level accompany this beautiful property. A great value in St. Paul!

275 Western Avenue S, Saint Paul

Listing courtesy of RE/MAX RESULTS.

$374,900
6 Beds 3 Baths 7008940 MLS
Check out this beautifully rebuilt duplex, perfectly situated on a prime corner lot. Ideal for an owner/occupy investment! The spacious main unit spans both the first floor and basement, offering 4 bedrooms, 2 bathrooms, and plenty of living space with a living room and lower-level family room. Upstairs, the second unit features 2 bedrooms, 1 bathroom. Both units come with separate, private entrances, ensuring maximum privacy and flexibility. Each unit has on trend lighting and stylish and sleek modern kitchens. The property also boasts a detached 2-car garage and fenced-in yard, ideal for outdoor relaxation or gatherings. Whether you're looking for a comfortable place to call home or an income-generating investment, this versatile property has it all. Located near Johnson Parkway, it’s just a short distance from Lake Phalen and local attractions. With convenient access to bus routes, shops, restaurants, and other essential amenities, this property offers both comfort and accessibility. Don’t miss out on this rare opportunity to own a move-in-ready duplex in a fantastic, central location!

1235 Minnehaha Avenue E, Saint Paul

Listing courtesy of RE/MAX Results.

$890,000
6 Beds 3 Baths 7007762 MLS
Discover this extraordinary and spacious duplex with an eye-catching 8-sided design, featuring two breathtaking wraparound porches on the first and second floors that offers spectacular views. This discerning property boasts two meticulously updated units that blend modern comforts with unique architectural charm. Main Floor unit: This beautifully updated 2-bedroom, 1-bath unit features gleaming hardwood floors and a stylish, contemporary design. Perfect for those seeking a comfortable and attractive living space. Upper unit: Spread across the second and third floors, this expansive 4 bed 2 bath unit is truly a rare find. The second floor includes 2 bedrooms and a full bath, while the third floor adds 2 more spacious rooms (without closets) that can serve as additional bedrooms, home offices, or creative spaces. Nearly a second kitchen and an additional full bath complete the top floor, providing flexible living arrangements. This unit has been thoughtfully renovated with high-end finishes and attention to detail, sparing no expense to create a luxurious and inviting home. One of the nicest and most distinctive duplexes in the area, this property is perfect for buyers looking for style, space and sophistication. Don't miss the opportunity to own this unique gem!

3013 James Avenue S, Minneapolis

Listing courtesy of Gold Group Realty, LLC.

$719,000
5 Beds 2 Baths 7004295 MLS
Located in the vibrant Southeast Minneapolis neighborhood near the University of Minnesota, 836 Thornton Street SE offers a unique opportunity for both investors and owner-occupants alike. This urban duplex boasts a spacious 2,590 square feet of living space, encompassing 5 bedrooms and 2 bathrooms. Situated on a 0.12-acre lot, the property is zoned under Corridor 4, presenting significant potential for a comprehensive development venture. The flexibility of this zoning allows for various possibilities, making it an attractive prospect for those looking to maximize the property's value. Whether you’re seeking a lucrative investment or a versatile living arrangement, 836 Thornton Street SE stands as a prime candidate. Perfect for those wanting to capitalize on the dynamic energy of the University area, this property offers the chance to be part of a thriving community while also exploring the extensive development potential it holds. Additional details on Corridor 4 zoning are available in the supplements.

836 Thornton Street SE, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$750,000
8 Beds 8 Baths 7003900 MLS
A compelling development opportunity in Saint Paul’s North End. This 2.7-acre parcel encompasses 17 city lots and is zoned RM2 (Medium Density Residential), offering significant flexibility for future use. The owner has preliminary approval for a 50-unit apartment complex or senior housing development. Recent conversations have also explored the potential for self-storage, driven by the strong performance of nearby facilities. Variances have already been granted for parking, wetland use, and setbacks, helping streamline the development process. Prior approvals, permits, and completed soil and wetland studies are available in supplements. Ideally located with convenient access to downtown Saint Paul, public transportation, and major thoroughfares. Ready for development.

1700 Sylvan Street, Saint Paul

Listing courtesy of Coldwell Banker Realty - Lakes.

$385,000
5 Beds 3 Baths 7001881 MLS
Welcome to this charming duplex in the St. Anthony East neighborhood of Minneapolis. This property features two units with recent updates. The spacious main level offers three bedrooms and one bathroom, and the upper two bedrooms and one bath. The main floor unit has hardwood floors, a spacious living/dining room, three bedrooms, and direct access to the basement/laundry facilities. The upper unit offers two bedrooms, spacious living/dining room and separate forced air heating. Each unit is separately metered for gas and electric and paid by tenants. This duplex is conveniently located near public transit, parks, and schools. Whether you are looking for an investment opportunity or a place to call home, this duplex has a lot to offer. Don't miss this chance to own a piece of Minneapolis history.

616 Monroe Street NE, Minneapolis

Listing courtesy of Edina Realty, Inc..

$364,500
4 Beds 4 Baths 6825199 MLS
St. Paul 4plex. $4,766 in monthly rental income. Great opportunity for investors or owner occupant buyers looking for rents that pay the mortgage. Unit #1 is a two bedroom rented for $1,565 per month ( $1,470 subsidized by section 8) and is exempt from rent stabilization. Unit #2 is an efficiency rented for $1,179 per month fully subsidized by Housing Support and exempt from rent stabilization. Unit #3 is a one bedroom rented for $750 per month with a long-term market tenant. Unit #4 is a one bedroom rented for $1,272 per month fully subsidized by Section 8 and exempt from rent stabilization. Occupy one unit and collect rents to pay your mortgage or rent out all 4 units for a high return. The property presents the opportunity for big cash flow with big upside, priced with room to build equity immediately. In addition to the 4 units, the building has a partially finished attic with plenty of ceiling height that provides an opportunity to expand existing units or possibly add a 5th unit. Electric meters are separate and billed directly to tenants. Owner pays gas water and trash.

23 Acker Street W, Saint Paul

Listing courtesy of Bridge Realty, LLC.

$359,500
5 Beds 2 Baths 6819684 MLS
Incredible opportunity to own a fully renovated, turn-key duplex in the heart of Saint Paul! Located at 597 Virginia Street in the Frogtown neighborhood, this property has undergone extensive updates, making it an ideal investment for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Nearly every major component of the property has been upgraded, reducing future maintenance costs and offering peace of mind for years to come. Both units feature updated kitchens and bathrooms, with the upper unit's kitchen renovated in 2020 and all bathrooms fully redone in 2023. Sleek granite countertops were added in 2023, enhancing durability and appeal. Major exterior improvements include a new roof, siding, and all soft metal installed in 2022, along with gutter covers to further reduce maintenance. The property also includes a full plumbing upgrade to modern PEX water lines throughout the kitchens and bathrooms, completed in 2023. Additional enhancements include three newer windows in the lower unit, fresh interior paint, and ceiling repairs in the upper unit (2024) and lower unit (2025), and a recently added third bedroom in the lower unit, significantly increasing rental potential. Both leases are currently month-to-month, offering flexibility to adjust rents or occupy a unit as needed. Unit 1 rent increases to $1,650 in January 2026, and Unit 2 rent increases to $1,450 in January 2026, creating stronger projected income for the next owner. Buyer's agent to confirm all measurements. No same-day showings; 36-48 hours' notice required due to tenant occupancy. This is a truly turn-key asset-perfect for an investor seeking a low-maintenance addition to their portfolio or a buyer looking to live in one unit while collecting rent from the other. Rarely does duplex with this level of updating come to market.

597 Virginia Street, Saint Paul

Listing courtesy of Keller Williams Premier Realty.

$374,000
4 Beds 4 Baths 6813006 MLS
Turnkey Investment Opportunity – Fully Rented 4-Unit in St. Paul. Don’t miss this excellent income-producing property in the heart of St. Paul! This well-maintained fourplex features four 1-bedroom / 1-bathroom units, all currently rented and generating steady cash flow. Each unit includes private forced air heating system with individual thermostat, Dedicated 50 Amp electrical panel, Individual 40-gallon water heater. One unit was just updated. Utilities: Tenants pay gas and electric, Owner pays trash, water, sewer, lawn care, snow removal, and common area electricity. Additional Amenities: Off-street parking behind the building, Lockable basement storage units for each tenant, Coin-operated washer and dryer in the basement for added income. Close to shopping, bike trails, and public transit. This property offers low-maintenance ownership with separate mechanicals for each unit, making it ideal for both seasoned investors and those new to multifamily real estate. Fully rented and ready to produce income from day one. Schedule your showing today!

893 Jenks Avenue, Saint Paul

Listing courtesy of Home Avenue Flat Fee Realty.

$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.

$599,000
10 Beds 4 Baths 6716701 MLS
3012 Bryant Ave S is a 4-plex multifamily property located in the heart of Uptown in Minneapolis. With a Walk Score of 96 and strong transit access, this property sits in one of the city's most connected neighborhoods, just blocks from Bde Maka Ska and Lake of the Isles. Lakeside trails, dining, retail, and nightlife are all within easy reach. The building offers a desirable mix of 2-bed and 3-bed layouts ranging from approximately 900 to 1,000 square feet. Units feature hardwood floors, generous closet space, and upper-floor porches, with updates made to kitchens and baths. Tenants are responsible for their own electricity and cooking gas, lowering owner operating costs. Outside, a fenced backyard provides shared green space for tenant's enjoyment. The parking lot accommodates four deep parking spots with room for tandem parking, which is a meaningful amenity in a high-demand rental submarket where off-street parking adds real competitive value.

3012 Bryant Avenue S, Minneapolis

Listing courtesy of MRG Realty Partners, LLC.

$290,000
3 Beds 2 Baths 6753514 MLS
Don’t miss this well-maintained duplex located just minutes from the heart of downtown. Perfect for investors or owner-occupants, this property offers strong rental potential in a highly desirable area. Enjoy convenient access to major highways, public transit, and an abundance of nearby shopping, dining, and entertainment options. Each unit features comfortable living spaces, ample natural light, and great functionality. While the property could use a little TLC to make it truly shine, several major updates have already been completed, including: • New central AC • New roofing • Fresh interior and exterior paint • Updated flooring Whether you’re looking to expand your rental portfolio or live in one unit while renting out the other, this property is a smart choice with long-term upside!

1332 Logan Avenue N, Minneapolis

Listing courtesy of Partners Realty Inc..

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