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4376 Upper 71st Street E, Inver Grove Heights
$455,000
5 Beds ⋅ 3 Baths ⋅ 7095881 MLS
Rare suburban triplex in a premier Inver Grove Heights location — an exceptional find for investors seeking stable, long-term cash flow outside the city core. This well-maintained 3-unit property sits on a spacious lot in one of the south metro's most livable communities, just minutes from the Mississippi River and surrounded by an impressive array of recreational amenities. Residents enjoy walkable access to a brand-new city park featuring a playground and splash pad, Swing Bridge Park, and a neighborhood dog park — the kind of lifestyle draw that keeps quality tenants in place year after year. The property's long-term occupancy history speaks for itself: stable residents, consistent income, and minimal turnover. With gross monthly rents of $3,420, this is a turnkey cash-flowing asset with no heavy lifting required from day one. The oversized lot offers exceptional flexibility — ample space for outdoor storage, recreational vehicles, or equipment, a rare perk in suburban multifamily that tenants genuinely value and that sets this property apart from anything comparable in the area. Triplexes in suburban locations like Inver Grove Heights almost never come to market. If you've been waiting for a multifamily opportunity that offers the stability of suburban demographics with the income profile of a true investment property, this is it. Also available is the next-door vacant lot at 7177 River Rd. Sold separately or together.

4376 Upper 71st Street E, Inver Grove Heights

Listing courtesy of Peritus Real Estate.

1324 1st Street N, Saint Cloud
$239,000
7 Beds ⋅ 3 Baths ⋅ 7102225 MLS
Excellent opportunity for both investors or owner-occupants with immediate income potential! This spacious duplex, with almost 3,500 finished square feet, features a 3-bedroom upper unit and a 4-bedroom lower unit, offering an attractive layout for tenants and strong rental demand. Brand-new carpet on the main and lower levels provides a fresh update, making it easy to lease and minimizing upfront maintenance costs. Whether you're an experienced investor or looking to house hack your way into real estate, this property as a lot of upside. Live in one unit while renting the other to significantly offset your mortgage, or lease both units to maximize cash flow. Located on a desirable corner lot in a convenient St. Cloud neighborhood, the property also offers a large off-street parking pad, a valuable amenity for tenants. With the opportunity to place new tenants at current market rents, this huge duplex offers immediate upside and long-term wealth-building potential. NOTE: Some photos have been virtually staged to show some design potential.

1324 1st Street N, Saint Cloud

Listing courtesy of eXp Realty.

6761 County Road 16, Pequot Lakes
$689,900
4 Beds ⋅ 4 Baths ⋅ 7100000 MLS
Offered completely turnkey, this exceptional triplex comes with two fully furnished units, making it easy to begin enjoying the Whitefish Chain and the Northwoods from day one. After years of creating lasting memories here, the current owners are ready to begin their next adventure traveling the world and are excited to pass the torch to the next buyers. No detail was overlooked in this meticulously maintained and thoughtfully updated property, where quality craftsmanship and pride of ownership are evident throughout. Each of the three spacious units features warm tongue-and-groove finishes, an inviting Up North aesthetic and plentiful storage. Each unit also has its own dedicated forced-air furnace, air conditioning, on-demand water heater, supplemental baseboard heat, and private in-unit washer and dryer. The two main-level units each offer a private patio, while the upper-level unit enjoys a deck overlooking the woods. Outside, you'll find a level lot with beautiful outdoor space, tidy landscaping, ample parking, and an impressive five-stall pole building with electricity, pristine concrete floors, and dedicated storage for each unit, providing plenty of room for vehicles, boats, and recreational equipment. Located just three minutes from a full-service marina, this property offers quick access to the Whitefish Chain, Crosslake, championship golf, shopping, dining, and endless four-season recreation. Whether you're looking for a high-quality investment, an owner-occupied income property, or the ultimate Up North getaway, this one-of-a-kind property is ready to enjoy from the moment you arrive.

6761 County Road 16, Pequot Lakes

Listing courtesy of eXp Realty.

1673 Van Buren Avenue, Saint Paul
$325,000
3 Beds ⋅ 2 Baths ⋅ 7091110 MLS
Charming Up-and-Down Duplex in the Heart of St. Paul! Exceptional opportunity to own a beautifully maintained up-and-down duplex in one of St. Paul's most convenient and walkable locations. Just minutes from restaurants, shopping, Hamline, and Allianz Field, this property offers outstanding accessibility and neighborhood appeal. Both units feature inviting sunrooms with elegant French doors, creating bright and welcoming living spaces filled with natural light. Gorgeous hardwood floors, charming crown molding, and abundant windows throughout add warmth and character to the home. The main-level unit offers one bedroom + sun room and access to laundry in the basement. The upper-level unit features two bedrooms and the convenience of in-unit laundry located in the kitchen. Separated utilities paid by the tenant. Updated boilers, elec, windows & water heaters. Outside, you'll find ample off-street parking in the rear of the property with parking pad. Whether you're looking for an owner-occupant opportunity or a solid investment property, this duplex delivers value, character, and an unbeatable location. Don't miss the chance to own this attractive and versatile property—there's so much to appreciate here! Always easy to rent - seller says he has 50+ applicants anytime he posts!

1673 Van Buren Avenue, Saint Paul

Listing courtesy of RE/MAX Results.

812 7th Street SE, Minneapolis
$700,000
11 Beds ⋅ 4 Baths ⋅ 7099371 MLS
Welcome to 812 7th Street SE, a rare investment opportunity in the heart of the historic Marcy-Holmes neighborhood—one of Minneapolis’s most sought-after locations and just steps from the University of Minnesota’s East Bank campus. Completely renovated in 2023 with new flooring, vinyl, and upgraded windows. This classic up/down duplex offers incredible space and flexibility. The main-level unit features 4 bedrooms and 2 bathrooms, while the upper unit includes 7 bedrooms and 2 bathrooms—both designed for comfortable living and strong rental potential. Each unit offers functional layouts with spacious common areas, ample natural light, and updated features that appeal to students and professionals alike. The property also includes off-street parking in back—an invaluable bonus in this high-demand area. Perfectly situated for easy access to the U of M, Dinkytown, Northeast Minneapolis, and the Stone Arch Bridge, this property places residents within walking distance of restaurants, coffee shops, trails, and the riverfront. Whether you’re an investor expanding your portfolio or an owner-occupant seeking rental income, this Marcy-Holmes duplex delivers location, size, and long-term value.

812 7th Street SE, Minneapolis

Listing courtesy of eXp Realty.

671 Spring Street NE, Minneapolis
$350,000
2 Beds ⋅ 2 Baths ⋅ 7094390 MLS
Rare opportunity to own a cash-flowing Northeast duplex with reduced taxes (only $1,111.50!) and built-in rent growth. Ideal for both owner-occupants and investors, with a flexible layout featuring a 1-bedroom upper unit with a non-conforming 2nd bedroom in the attic and 1-bedroom main-level unit. Two new electrical panels in the basement, new water service line, freshly painted exterior (all updates in 2026). Current rents provide solid cash flow with built-in annual increases, while the City of Minneapolis 4D program delivers meaningful tax savings for the next two years. Owner-occupants can offset their mortgage by renting one unit, while investors benefit from stable, predictable income in a high-demand Northeast location. Opportunity to increase value over time as 4D program restrictions expire. Property includes a 1-car garage and is well positioned steps from the best of Northeast. Walking distance to coffee shops (Dogwood Coffee, Spyhouse Coffee Roasters), breweries (Bauhaus Brew Labs, Earl Giles, Indeed Brewing Company, Sociable Cider Works), restaurants (Centro, Chimborazo, Sample Room, Stanley's Northeast Bar Room), and more. Walk to Logan Park and Beltrami Park, with easy access to Boom Island’s riverfront trails.

671 Spring Street NE, Minneapolis

Listing courtesy of Compass.

3954 Portland Avenue, Minneapolis
$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.

2915 N 3rd Street, Minneapolis
$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.

1116 7th Avenue S, Saint Cloud
$359,900
12 Beds ⋅ 4 Baths ⋅ 7085128 MLS
Investment opportunity in a prime St. Cloud location! This 4-plex features spacious 3-bedroom units, each with separate gas furnaces and electric meters, individual laundry in basement, and tons of storage, offering convenience and simplified utility management. Ideally situated adjacent to Haws Park and just a short walk from the Herb Brooks National Hockey Center, this property is perfectly positioned to attract college student renters and those seeking easy access to downtown amenities, dining, entertainment, and public transit. Additional income potential comes from the coin-operated laundry in every unit, while off-street parking adds tenant appeal. A strong addition to any investment portfolio with a highly desirable rental location. Property must be sold as a package with neighboring 626 11th St. S. (MLS #7085036)

1116 7th Avenue S, Saint Cloud

Listing courtesy of Coldwell Banker Realty.

911 2nd Avenue S, Buffalo
$349,900
4 Beds ⋅ 4 Baths ⋅ 7089211 MLS
Rare opportunity to own a fully leased duplex in Buffalo with $34,140 in scheduled annual rental income! This well-maintained property offers two spacious units, strong rental history, and significant recent improvements. The upper unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and is leased at $1,595/month through May 2027, with a scheduled increase to $1,645/month. The lower unit offers 1 bedroom plus den, 2 bathrooms, in-unit laundry, and has a new one-year lease beginning October 2026 at $1,250/month. Major improvements include new roof and siding (2024), new garage door (2024), newer windows, updated flooring in both units, and additional interior updates. Shared garage and separate entrances. Convenient Buffalo location near downtown, schools, parks, shopping, restaurants, lakes, and easy access to Hwy 55 and Hwy 25. A rare opportunity to own a turnkey duplex with established rental income and limited competing duplex inventory. Lease and rental information available upon request. Agent owned.

911 2nd Avenue S, Buffalo

Listing courtesy of Bridge Realty, LLC.

417 N Washington Street, Lake City
$360,000
4 Beds ⋅ 3 Baths ⋅ 7084884 MLS
Discover this corner lot duplex that has been cherished by the same owner for the past 40 years. Located just a few blocks from the serene lakefront and the bustling downtown area. This property presents a rare opportunity for those looking for a home with potential in a prime location. Set up as a duplex, this residence offers flexibility for buyers. It has 4 bedrooms and 2.5 bathrooms. You can continue to utilize it as a multi-family investment or easily convert it into a spacious single-family home to suit your lifestyle. With generous square footage, both units feature comfortable living spaces, sizable bedrooms, and lots of natural light. The four car garage offers ample storage space. This property is a solid structure waiting for your creative vision to make it your own. The backyard invites outdoor enjoyment and provides plenty of space for gardening or entertaining. Embrace the chance to design your own oasis in a location that is both tranquil and convenient. Don't miss out on this opportunity to own a piece of property in Lake City that holds a rich history and is ready for a new chapter!

417 N Washington Street, Lake City

Listing courtesy of Raven Realty.

950 W 1st Avenue, Edgerton
$450,000
4 Beds ⋅ 4 Baths ⋅ 7075053 MLS
Welcome to 950 1st Ave in Edgerton- a quality-built investment property designed with durability, and long-term value in mind. Whether you choose to rent both units or live in one side while generating income from the other, this property offers excellent flexibility and cash flow potential. Built with attention to detail throughout, this property features a 6-inch concrete driveway for added durability, extra off-street parking, insulated slab, extremely energy efficient! Inside, you'll appreciate the Bayer-built trim work, solid wood interior doors, large windows for abundant light, and 9-foot ceilings that create an open, spacious feel. Matching stainless steel appliances and convenient stacked washer and dryer units complete the space. With quality construction and income-producing potential, this is a property you'll want to see in person. Schedule you're showing today!

950 W 1st Avenue, Edgerton

Listing courtesy of Edina Realty, Inc..

2314 Portland Avenue S, Minneapolis
$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.

3605 S 3rd Avenue, Minneapolis
$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.

617 W 3rd Street, Madison
$79,500
1 Beds ⋅ 1 Baths ⋅ 7084703 MLS
Income property! This home could be used as your residence with either the upper or lower being rented out to another party. The upstair apartment is very nice with a rear entrance large kitchen, living, dining area, full bathroom, laundry room and 2 bedrooms! The main floor has 1 Bedroom and a newly remodeled bathroom. Living, Dining and Large kitchen, its own laundry room! The shingles and siding are just 2 years old! This could be a wonderful income property! With the added income of the additional rental option! There is a partial fence in the rear and yard. 2 Apartment building. Over/Under. Each has their own entrance. THE WAY IT SITS NOW IS MAIN FLOOR IS THE OWNER THE TOP RENTAL IS NOW VACANT, ON PURPOSE FOR THE SALE. THE OWNER TAKES CARE OF UTILITIES AND RENTS OUT THE UP APARTMENT FOR 800 MONTH. THE UTILITY EXPENSES ARE WATER, SEWER, ELECTRICITY, AND GARBAGE ARE ALL ON ONE BILL. THE GAS FOR HEATING IS SEPARATE, AND IS ESTIMATED. WILL PROVIDE MORE ACURATE INFORMATION IF YOU ARE AN INTERESTED PARTY.

617 W 3rd Street, Madison

Listing courtesy of Peterson Team Realty.

2441 Dupont Avenue S, Minneapolis
$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..

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.

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