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$225,000
4 Beds 2 Baths 7108520 MLS
Calling all Investors & Owner Occupants seeking their next project! Enchantment & wonder start the moment your eyes capture this 1906 built jewel sitting stately over Queen Avenue, just a few houses off Olson Memorial Highway. This property consists of the original 2-story duplex & a standalone believed to be added in 1920. Multiple entrances to the main home provide convenience from either front or backyard. The main floor is move-in ready allowing you to live onsite while refurbishing the 2nd story. Main floor provides an open and spacious floor plan punctuated by the charm & character you desire. Spacious Kitchen, Formal Dining, Living Room, Full Bath & Primary are found on this floor. The 2nd story mimics the main floor, but the layout provides a Kitchen, combination Dining/Living Room, Full Bath & 2 Bedrooms. While on the 2nd floor & with a separate entrance, venture up the stairs to your Attic space = UNTAPPED POTENTIAL. Let your passion & creativity run wild creating a cool space to gather OR could it be an added Efficiency? Downstairs you will find the shared laundry & storage or workspace. The grounds are filled with trees & gardens painstakingly created years ago. On the back part of the lot stands a 700+ square foot standalone home that needs substantial work BUT could provide ample long-term income. 2024 saw a $75,000 investment in both roofs thus providing one less long-term worry. If you know this area, you know that it provides awe inspiring gifts such as the Lakes, Theodore Wirth Park, Walker Art Center, Target Field & proximity for those that work downtown. Tour today before this opportunity at 722 Queen Avenue is gone tomorrow.

722 Queen Avenue N, Minneapolis

Listing courtesy of Edina Realty, Inc..

$586,000
6 Beds 4 Baths 7119103 MLS
A unique opportunity! Multi-generation living or used as rental income. A single-family home, rambler style with a Mother in-law apartment on the lower level walk-out basement. This has a wonderful ADU (accessory dwelling unit) added in 2021. The property is set on a beautiful treed and landscaped lot...Numerous exterior updates in 2022 include: new high impact shingles (LP PPG 30 Year) in 2022, siding, soffits and gutters 2022, windows in 2022, skylight, new 16x12 shed to match house.... Interior updates include: kitchen floor, quartz counters, CT back splash, under counter lighting w/remote, main bath ceramic tile 2016 and counter top 2023.... New mechanicals include: top-of-the-line Carrier furnace and air conditioning in 2022, electric panel 200 AMP, and 100 AMP sub panel for ADU, air purifier 2022....This lovely main home has been beautifully maintained. The formal dining room has access to the paver patio and overlooking back yard. An informal dining area is off the kitchen and has access to the lower level apartment and garage. The seller has chosen to use the 3rd bedroom as a walk-in closet for the Master Bedroom....The lower level walk-out mother-in Law apartment is open and spacious. Large bedroom with fireplace (decorative) insulated, needs larger flu or insert). Nice open Living area and informal dining, the kitchen overlooks the side yard and a separate entrance. Baseboard heating and thermostat in this unit. Joint laundry room on this level....The ADU was completed in 2021. This is a sunny and open Great Room concept with 11 ft. ceilings. Large kitchen center island with stone countertops, two oversized patio doors off living room and kitchen over looking private paver patio, closet system in main bedroom, hot tub and gardens, built-in banquette seating w/slow close, en-suite with laundry center, custom tile work and skylight, wood burning stove (not a fireplace), in-floor heat and polished concrete floors, in-ceiling home theater audio system with Triad Speakers...Yard includes: 3 underground rain gutters, rain barrels, hot tub (negotiable), playhouse, pizza oven, wood pile and tarps....PLEASE SEE THE SUPPLEMENT FOR FURTHER DETAILS AND FEATURES.

3901 Hampshire Avenue N, Crystal

Listing courtesy of Coldwell Banker Realty.

$415,000
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.

$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.

$299,000
2 Beds 2 Baths 7104668 MLS
Unique four-unit investment opportunity in a highly desirable location near Lake Minnetonka and area trail systems. This non-conforming property features three separate buildings consisting of a duplex and two detached tiny homes, with four separate mailing addresses. The property has an exceptional rental history with no vacancy in the past 15 years, and all four units are currently occupied. The duplex offers one-bedroom units, each with a kitchen, family room, basement storage, private laundry, and attached garage stall. The detached tiny homes provide additional rental flexibility and strong tenant appeal with affordability. Recent improvements include a duplex remodel with new refrigerator and stove in 2022, new siding and two windows on the duplex in 2025, three new furnaces serving both duplex units and the larger tiny home in 2025, a new furnace motherboard in the smaller tiny home in 2025, and new siding on the larger tiny home in 2024. New side deck/stairs on duplex in 2026. The property offers significant upside potential for investors willing to make additional improvements. Being sold as-is and priced accordingly to reflect condition. Rare opportunity to acquire an income-producing property in a sought-after Lake Minnetonka area location.

4365 Warren Avenue, Spring Park

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

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