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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..

$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.

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