Minneapolis, MN Multifamily Homes & Duplexes for Sale

• 

  

  

  /52

  $419,900 Open Sat 12PM - 1:30PM

  • 4 Beds
  • 3 Baths
  • 1,761 Sq Ft

  451 Taylor St NE, Minneapolis, MN 55413

  Welcome home to 451 Taylor St NE!This centrally located duplex offers an incredible opportunity in the heart of Northeast Minneapolis. The spacious lower-level unit features three bedrooms and two bathrooms—a rare find in a duplex setup. A wheelchair-accessible ramp leads to the main entrance, where you’ll find two bedrooms at the front, followed by a large living room with a flex space

  

  Chan Slettehaugh

  Edina Realty, Inc.

  (612) 712-7824

  451 Taylor St NE, Minneapolis, MN 55413
• 

  

  

  /35

  $649,000

  • 6 Beds
  • 2 Baths
  • 3,368 Sq Ft

  4752 Lyndale Ave S, Minneapolis, MN 55419

  Stunning and well kept Craftsman-era duplex available for the first time in over 35 years. Pride of ownership shines in this period correct beauty- hardwood floors, stunning millwork, pristine original dining room built-ins, and countless other details expected in a 19020's duplex. Recent updates include brand new roof, gutters, rebuilt front stoop, and updated mechanicals. Amazing location

  

  Andrea Vorachek

  Keller Williams Realty Integrity

  (651) 867-4194

  4752 Lyndale Ave S, Minneapolis, MN 55419
• 

  

  

  /90

  $1,150,000

  • 6 Beds
  • 6 Baths
  • 4,600 Sq Ft

  1785 Dupont Ave S, Minneapolis, MN 55403

  Situated in prime historic Lowry Hill neighborhood location, this Georgian Colonial style all brick duplex has been beautifully maintained and updated and offers a fantastic opportunity for an owner occupant that benefits from rental income, a rare rental investment property in a neighborhood predominately filled with stately single family residences, or the possibility to convert to condos. Both

  

  Christian Klempp

  Compass

  (855) 529-0056

  1785 Dupont Ave S, Minneapolis, MN 55403
• 

  

  

  /24

  $335,000

  • 6 Beds
  • 2 Baths
  • 1,970 Sq Ft

  2723 Dupont Ave N, Minneapolis, MN 55411

  Spacious duplex in North Minneapolis! Featuring 3 bedrooms and 1 bath on each level, this property is perfect for multi-generational living or rental income. Both units offer comfortable living spaces and plenty of natural light. Conveniently located near parks, schools, and public transportation. A great investment opportunity!

  

  Kurt Weishalla

  Elevate Realty LLC

  (651) 571-8067

  2723 Dupont Ave N, Minneapolis, MN 55411
• 

  

  

  /20

  $565,000

  • 4 Beds
  • 2 Baths
  • 3,687 Sq Ft

  2925 Sunset Blvd, Minneapolis, MN 55416

  LOCATION, LOCATION, LOCATION! This high-demand duplex is a cash-flowing dream with incredible potential. Zoned as a duplex, it also features a possible third unit in the basement—just add zoning and egress for even more income! Previously owner-occupied with no current rent rolls, this is the perfect chance to set your own rates. The property boasts a spacious fenced backyard and patio, ideal for

  

  Melissa Clawson

  Call It Closed International Realty

  (651) 413-3125

  2925 Sunset Blvd, Minneapolis, MN 55416
• 

  

  /28

  $515,000

  • 5 Beds
  • 4 Baths
  • 2,385 Sq Ft

  2707 Fremont Ave S, Minneapolis, MN 55408

  Fantastic opportunity to own a multi-family property in the East Lowry Hill neighborhood! This property features three distinct units; a cozy studio, a one-bedroom, and a three-bedroom unit, offering flexibility for owner-occupants or investors. Recent updates include a new boiler, new water main, and a newer water heater, ensuring efficiancy and peace of mind. The property also boasts a fenced

  

  Luke DeLacey

  Coldwell Banker Realty

  (651) 946-6453

  2707 Fremont Ave S, Minneapolis, MN 55408
• 

  

  /8

  $480,000

  • 5 Beds
  • 2 Baths
  • 2,700 Sq Ft

  3022 39th Ave S, Minneapolis, MN 55406

  Large Duplex in Cooper neighborhood in Minneapolis. Close to the Parkway and St. Thomas University. Stucco maintenance-free exterior. Roof is good shape and the unit is rental ready. Upper unit leased month to month at $1850 per month. This is a Contract for Deed only opportunity. Terms are negotiable.

  

  Ryan Platzke

  Coldwell Banker Realty

  (612) 260-7075

  3022 39th Ave S, Minneapolis, MN 55406
• 

  

  /105

  $899,900

  • 6 Beds
  • 3 Baths
  • 3,470 Sq Ft

  1721 Humboldt Ave S Unit 1, Minneapolis, MN 55403

  Stunning Multi-Family Home with Modern Comfort and Classic Charm! Welcome to this beautifully maintained multi-family home offering exceptional living space across two expansive levels, perfect for owner-occupants or savvy investors. Second Level – Spacious and Sophisticated. This impressive 2,395 sq. ft. unit features 3 generous bedrooms and 2 full bathrooms, designed with comfort and

  Matthew Parrington RE/MAX Results

  1721 Humboldt Ave S Unit 1, Minneapolis, MN 55403
• 

  

  /25

  $439,900

  • 5 Beds
  • 2 Baths
  • 2,200 Sq Ft

  2414 3rd St NE, Minneapolis, MN 55418

  Welcome to this lovely well-maintained duplex in the heart of Northeast Minneapolis. Location makes it ideal for personal use or for investment, public bus just a block away. Each unit has its own laundry area. The upper unit has 2 beds, 1 bath, and new cabinets. The lower unit has 3 beds 1 bath. Finished basement with additional bathRecently renovated with a new roof, fresh paint, and water

  Ronal Bustamante Ortega RE/MAX Results

  2414 3rd St NE, Minneapolis, MN 55418
• 

  

  /61

  $344,900

  • 4 Beds
  • 2 Baths
  • 2,024 Sq Ft

  3022 Grand Ave S, Minneapolis, MN 55408

  Please see 3D Tour for virtual walk-through of the entire building. Location Location Location! This Lyn-Lake duplex is so close and walkable to everything! Steps from Lake & Grand, it's perfect for the investor OR the owner-occupant. Live in one unit and rent out the other! Both units have been extensively updated & remodeled, and they each feature two bedrooms and an updated bathroom. The roof

  Denise & Lyman Jenkins RE/MAX Results

  3022 Grand Ave S, Minneapolis, MN 55408
• 

  

  /26

  $799,000

  • 9 Beds
  • 5 Baths
  • 4,835 Sq Ft

  1023 17th Ave SE, Minneapolis, MN 55414

  This beautifully reimagined duplex offers a spacious and versatile layout across three levels. The main floor and lower level feature a total of 5 bedrooms and 3 bathrooms, ideal for student housing or multigenerational living. The upper level includes 4 generously sized bedrooms and 2 full bathrooms, perfect for comfortable living or maximizing rental potential.Every inch has been updated with

  John Stiles First Select

  1023 17th Ave SE, Minneapolis, MN 55414
• 

  

  /53

  $575,000

  • 5 Beds
  • 5 Baths
  • 4,024 Sq Ft

  3322 Penn Ave N, Minneapolis, MN 55412

  Beautifully remodeled 5 bedroom/5 bathroom 4-plex available! Each unit has been masterfully re-designed from top to bottom! All new paint, flooring, cabinetry, appliances and quartz countertops in each unit. 4 units on the main and upper level, with a non-conforming 5th unit in the lower level. Living rooms are bright and spacious. Kitchens feature new cabinets, beautiful backsplashes, and

  Taylor Foster JPW Realty

  3322 Penn Ave N, Minneapolis, MN 55412
• 

  

  /73

  $765,000

  • 8 Beds
  • 4 Baths
  • 3,553 Sq Ft

  909 22nd Ave NE, Minneapolis, MN 55418

  Step back in time and experience this meticulously maintained fourplex, seamlessly blending 19th century craftsmanship with contemporary updates. With an impressive 4,000 square feet of living space, each unit carries 2 bedrooms, hardwood floors and a private 3-season porch, with potential to add living space to the unfinished attic with walkup access. BONUS: 2 units have an additional balcony or

  Nicole Pomerleau Realty ONE Group Choice

  909 22nd Ave NE, Minneapolis, MN 55418
• 

  

  /40

  $720,000

  • 8 Beds
  • 5 Baths
  • 3,616 Sq Ft

  3443 Colfax Ave S, Minneapolis, MN 55408

  Welcome to 3443 Colfax Ave S, MPLS! A well-maintained, fully leased 4-plex offering strong cash flow in one of Minneapolis' most desirable neighborhoods. Annual income is $73,308 (monthly income is $6,109). Perfect for an investor or an owner-occupant— a 2-BR unit is month-month. A true plug-and-play asset in the heart of Uptown.Tucked on a quiet street just steps from King’s

  Matt Boys Fox Realty

  3443 Colfax Ave S, Minneapolis, MN 55408
• 

  

  /37

  $949,900 Coming Soon

  • 4 Beds
  • 2.5 Baths
  • 3,213 Sq Ft

  15 Summit Place, Minneapolis, MN 55403

  Situated in the heart of the prestigious Lowry Hill neighborhood, this contemporary twin home lives like a single-family residence without association dues. The open floorplan features red oak hardwood floors and expansive windows that fill the space with light. A remodeled kitchen showcases butcher block and soapstone countertops, white cabinetry, a flush mount vent hood, and a striking tile

  Trenton Hogg Redfin Corporation

  15 Summit Place, Minneapolis, MN 55403
• 

  

  /41

  $475,000

  • 6 Beds
  • 2 Baths
  • 3,750 Sq Ft

  1527 Jefferson St NE, Minneapolis, MN 55413

  Located in a beautiful Northeast Minneapolis neighborhood with tree -lined streets. This late Victorian era duplex has stunning woodwork with original in-layed wood floors,trim and doors. Each unit has a fireplace and Dining room. Each unit is a similar layout. Additionally there is an attic with potential to convert into finished space. Located within walking distance to numerous

  Jason Reed RE/MAX Results

  1527 Jefferson St NE, Minneapolis, MN 55413
• 

  

  /21

  $750,000

  • 6 Beds
  • 4 Baths
  • 5,500 Sq Ft

  3923 Chicago Ave, Minneapolis, MN 55407

  Outstanding, income generating 4- plex building in a desirable location-across from Phelps Park and on abus line. Featuring four spacious units - 1100 sq. feet each. Three of the units feature (2 bedrooms, 1bath, 1 tucked under car garage and 1 storage room) per unit, 4th Unit features (2 bed/1 bath + heated 4season’s porch-home office, 1 garage and 1 storage room). None conforming

  Javier Loayza Bridge Realty, LLC

  3923 Chicago Ave, Minneapolis, MN 55407
• 

  

  /28

  $789,000

  • 4 Beds
  • 4 Baths
  • 5,317 Sq Ft

  1428 Madison St NE, Minneapolis, MN 55413

  Classic NE Minneapolis 4-plex featuring four fully rented 1-bedroom units. This charming corner-lot property is ideal for an owner-occupant or house-hack investor. Each unit includes its own energy-efficient furnace and separate electric service. 4-stall garage adds value and nice functionality, complemented by a large yard. Located just one block from the park, the property has great curb appeal

  MaryPat McNicoll MRG Realty Partners, LLC

  1428 Madison St NE, Minneapolis, MN 55413
• 

  

  /46

  $565,000

  • 4 Beds
  • 4 Baths
  • 2,832 Sq Ft

  5030 Sheridan Ave S, Minneapolis, MN 55410

  Welcome to 5030/32 Sheridan Ave S, Minneapolis, MN – a fantastic opportunity for both owner-occupants and savvy investors in one of South Minneapolis's most desirable neighborhoods. This meticulously maintained duplex offers the perfect blend of classic character and modern convenience, situated on a tree-lined street with excellent walkability to local shops, parks, lakes, and vibrant dining

  Elizabeth Babcock Lokowich Keller Williams Realty Integrity Lakes

  5030 Sheridan Ave S, Minneapolis, MN 55410
• 

  

  /46

  $439,900

  • 5 Beds
  • 2 Baths
  • 1,882 Sq Ft

  639 Pierce St NE, Minneapolis, MN 55413

  Welcome to this NE duplex in Beltrami with original character throughout and close to breweries, restaurants, the Quarry, the Arts District, Downtown Minneapolis, parks, highways, the riverfront, and the U of M. Both units feature spacious eat-in kitchens with stainless appliances, mosaic tiled backsplash, and tons of cabinet and counter space. Original hardwood floors throughout both levels.

  James Korman Korman Realty

  639 Pierce St NE, Minneapolis, MN 55413
• 

  

  /42

  $350,000

  • 5 Beds
  • 2 Baths
  • 1,934 Sq Ft

  2224 4th Ave N, Minneapolis, MN 55405

  This property offers the ideal opportunity for those seeking the best of city living with the added benefit of rental income. Located in a vibrant neighborhood just minutes from downtown and the local farmer's market.

  James Kantorowicz Edina Realty, Inc.

  2224 4th Ave N, Minneapolis, MN 55405
• 

  

  /12

  $400,000

  • 6 Beds
  • 3 Baths
  • 2,350 Sq Ft

  2015 5th Ave S, Minneapolis, MN 55404

  Side by side duplex in a conveniently located area! Both units offer 3 bedrooms on the upper level with hardwood flooring throughout. 2015 features 3 bedrooms, 2 bathrooms and a finished basement providing an additional flex room. Unit 2017 features 3 bedrooms, 1 bathroom and an unfinished basement. Laundry in both units. Fully fenced property with off-street parking in the alley. Newer roof.

  Jason Brueske Edina Realty, Inc.

  2015 5th Ave S, Minneapolis, MN 55404
• 

  

  /25

  $475,000

  • 4 Beds
  • 2 Baths
  • 1,224 Sq Ft

  713 2nd St NE, Minneapolis, MN 55413

  Fantastic Investment Opportunity in Prime Northeast Minneapolis Location! This well-maintained duplex at 713 2nd St NE features two spacious units, each offering 2 bedrooms and 1 bathroom. Both units include in-unit laundry and onsite parking, providing ultimate convenience for tenants. Solid rental history make this a turn-key addition to any investor’s portfolio. Both units are currently leased

  Elisia Drewelow Real Broker, LLC

  713 2nd St NE, Minneapolis, MN 55413
• 

  

  /8

  $550,000

  • 9 Beds
  • 3 Baths
  • 4,070 Sq Ft

  7376 Bass Lake Rd, Minneapolis, MN 55428

  Currently an impeccably maintained 9-bed assisted living facility with commercial kitchen. Set up as 3 x 3-bedroom units with commercial kitchen, offices and lounge. The commercial kitchen can be converted into a fourth 3 bedroom unit for a more traditional apartment building.

  Eddie Landenberger Assembly MN LLC

  7376 Bass Lake Rd, Minneapolis, MN 55428
• 

  

  /42

  $324,900

  • 3 Beds
  • 2 Baths
  • 1,727 Sq Ft

  118 14th Ave NE, Minneapolis, MN 55413

  Duplex living in the heart of the Art District in NE Minneapolis. Come experience this exceptional opportunity at 118–120 14th Avenue NE, offering the perfect blend of location, flexibility, and investment potential in one of the city's most energetic and creative communities.Whether you're looking to live in one unit and rent the other or expand your investment portfolio, this property fits

  Susan Hewitson Fazendin REALTORS

  118 14th Ave NE, Minneapolis, MN 55413
• 

  

  /21

  $339,900

  • 4 Beds
  • 2 Baths
  • 3,596 Sq Ft

  3654 Lyndale Ave N, Minneapolis, MN 55412

  Wonderful investment property or a development sight (157' x 95'). The property is currently being used as a duplex, but opportunity exists to license an existing 3rd unit in basement. Property has an oversized attached two car garage and large paved area for off street parking. The location is very convenient to everything. Lower unit is vacant for future renters or owner occupancy. First

  Victor Nelson Coldwell Banker Realty

  3654 Lyndale Ave N, Minneapolis, MN 55412
• 

  

  /37

  $525,000

  • 4 Beds
  • 3 Baths
  • 2,390 Sq Ft

  3128 32nd Ave S, Minneapolis, MN 55406

  Don't miss this amazing opportunity to make this duplex yours! It is located in the desirable Longfellow neighborhood. Well maintained and completely updated. Sunny main level unit sports 3 bedrooms and 2 updated bathrooms. Lower level in that unit has spacious family room, bedroom and private bath. Bright open floor plan in both units. Upper unit is completely updated. Could rent for up to

  Carol Anderson RE/MAX Results

  3128 32nd Ave S, Minneapolis, MN 55406
• 

  

  /40

  $409,000

  • 5 Beds
  • 2 Baths
  • 2,350 Sq Ft

  3242 Hayes St NE, Minneapolis, MN 55418

  Welcome to vibrant Northeast Minneapolis. The walkable streets, thriving arts scene, cozy coffee shops, and some of the city’s best breweries help create an immersive neighborhood vibe.Whether you're looking to live in one unit and rent the other, or add a quality property to your portfolio, this well-maintained duplex is a smart move.While inside, you'll find open kitchen layouts,

  Scott Hoefler Side by Side Realty LLC

  3242 Hayes St NE, Minneapolis, MN 55418
• 

  

  /22

  $275,000

  • 4 Beds
  • 3 Baths
  • 2,721 Sq Ft

  3509 16th Ave S, Minneapolis, MN 55407

  Step into a piece of history with a truly unique and versatile property that seamlessly blends classic craftsmanship with contemporary comfort. Built in the 1920's, this home showcases original woodwork and architectural details that speak to its era-rich trim, hardwood floors, and thoughtful design touches that are increasingly hard to find. Lovingly maintained, the property features several

  Amy Downey Edina Realty, Inc.

  3509 16th Ave S, Minneapolis, MN 55407
• 

  

  /31

  $349,000

  • 4 Beds
  • 2 Baths
  • 1,810 Sq Ft

  1134 Lincoln St NE, Minneapolis, MN 55413

  Great Investment Opportunity in Northeast Minneapolis! This charming duplex offers a total of 4 bedrooms and 2 bathrooms, perfect for investors or owner-occupants looking to supplement their income. Located in a prime location, you’ll be close to all that Minneapolis has to offer, including shops, restaurants, parks, and more. A must-see rental property!

  Geng Lee Home Sellers

  1134 Lincoln St NE, Minneapolis, MN 55413
• 

  

  /15

  $400,000

  • 10 Beds
  • 4 Baths
  • 2,700 Sq Ft

  524 37th Ave NE, Minneapolis, MN 55421

  Side by side one level duplex in high desire NE location. Great condition and cash flow.

  Kath Hammerseng Edina Realty, Inc.

  524 37th Ave NE, Minneapolis, MN 55421
• 

  

  /26

  $660,000

  • 9 Beds
  • 6 Baths
  • 7,518 Sq Ft

  2021 3rd Ave S, Minneapolis, MN 55404

  Remarkable investment property in the heart of the Whittier neighborhood! This four-unit building has been updated throughout and features oversized units. All units feature updated kitchens and bathrooms, with original touches, and plenty of living and/ or dining room space. Buidling has been tastefully restored while allowing for new ownership to enjoy solid investment potential.

  Zachary Kirchoff Lakes Sotheby's International Realty

  2021 3rd Ave S, Minneapolis, MN 55404
• 

  

  /26

  $635,000

  • 7 Beds
  • 4 Baths
  • 3,528 Sq Ft

  601 Jackson St NE, Minneapolis, MN 55413

  Rare, 4-plex opportunity for an investor in the heart of Saint Anthony East! All four units are rented with reliable tenants totaling $4,700/month with tenants paying their electric and heat. Property has been well maintained and updated with vinyl plank flooring and updated bathrooms/kitchens. Long term tenants who all plan to stay!

  Alexis Nelson Real Broker, LLC

  601 Jackson St NE, Minneapolis, MN 55413
• 

  

  /23

  $325,000

  • 2 Beds
  • 2 Baths
  • 1,399 Sq Ft

  2535 11th Ave S, Minneapolis, MN 55404

  Duplex, just blocks from Abbott Northwestern Hospital. Great for short or long term rentals. Good for owner occupied rental or could be used as a single family. Brand new water heaters, newer boilers. Newly updated property

  Todd Kohs RE/MAX Synergy

  2535 11th Ave S, Minneapolis, MN 55404
• 

  

  /50

  $359,900

  • 5 Beds
  • 3 Baths
  • 2,694 Sq Ft

  104 W 27th St, Minneapolis, MN 55408

  Welcome to this up/down duplex, perfectly situated in the heart of Minneapolis! Whether you're an investor or an owner-occupant, this property offers incredible versatility and value. Each unit features spacious layouts with 2 bedrooms, 1 bath, classic hardwood floors, woodwork, and built-ins. The 3rd level contains its own kitchen, living room, bath, and bedroom as well and is sub-let by the

  Todd Urbanski Fazendin REALTORS

  104 W 27th St, Minneapolis, MN 55408
• 

  

  /15

  $339,900

  • 4 Beds
  • 2 Baths
  • 1,836 Sq Ft

  2827 Polk St NE, Minneapolis, MN 55418

  Great duplex in NE. New roof and gutters 2023. Upper unit vacant lower unit rented through August 2025. This tenant is interested in renewing. Both units are 2 bedrooms 1 bath. Centrally located near everything. 24 hour minimum notice to show occupied unit. Units are clean and in good shape. HWF were recently refinished. Newer Electric boxes. Separate meters gas and electric.

  James Kroeten Advisor Realty Group, LLC

  2827 Polk St NE, Minneapolis, MN 55418
• 

  

  /31

  $218,000

  • 3 Beds
  • 1.5 Baths
  • 1,346 Sq Ft

  1824 4th Ave S Unit 5, Minneapolis, MN 55404

  Charming 3-bedroom, 1.5-bath home just steps from downtown Minneapolis! This well-maintained property blends classic charm with thoughtful updates, including brand-new kitchen countertops and new appliances—fridge, dishwasher, oven, and washer/dryer. The spacious living area flows into a functional kitchen with room to dine, while all three bedrooms are conveniently located on one level. Enjoy

  Derek Hove RE/MAX Results

  1824 4th Ave S Unit 5, Minneapolis, MN 55404
• 

  

  /41

  $410,000

  • 3 Beds
  • 2 Baths
  • 1,740 Sq Ft

  2619 S 7th St, Minneapolis, MN 55454

  The current owners have rented this out using Airbnb and short-term rentals; see supplements for income breakdown. Gas and electric are split; water is shared. The furnace on the lower level and the boiler onthe upper level are both in great condition.

  Nick Moucha Keller Williams Premier Realty

  2619 S 7th St, Minneapolis, MN 55454
• 

  

  /42

  $339,000

  • 3 Beds
  • 2 Baths
  • 1,540 Sq Ft

  3809 41st Ave S, Minneapolis, MN 55406

  Adorable Howe duplex is available for the first time in 66 years! Located right next to the Riverview Theater. You are within walking distance to restaurants, shops, and parks! Move-in ready, bring your picky buyers. Either owner occupy or purchase for a great investment property. Main floor is 2 bedrooms, 1 bath with a cute front porch. Upper unit is one bedroom, one bath. Both units feature

  Janelle Pierzina Edina Realty, Inc.

  3809 41st Ave S, Minneapolis, MN 55406
• 

  

  /34

  $414,000

  • 3 Beds
  • 2 Baths
  • 1,344 Sq Ft

  2711 Pierce St NE, Minneapolis, MN 55418

  Chic & Cash-Flowing Duplex in the Heart of Northeast Minneapolis – Airbnb-Ready Upper Unit! Ideally located on a quiet, tree-lined street just steps from parks, popular restaurants, local breweries, and public transit. Whether you're an investor or an owner-occupant looking to build equity while generating income, this property checks every box.The main-level unit offers 2 spacious

  Elisia Drewelow Real Broker, LLC

  2711 Pierce St NE, Minneapolis, MN 55418

Showing Results 1 - 40, Page 1 of 5

Why Live in Minneapolis

Minneapolis residents enjoy an exceptional park system, with the Chain of Lakes providing year-round recreation through kayaking, sailing, and cross-country skiing across 102 miles of bike lanes and 97 miles of trails. The city's cultural scene ranks second only to New York in theater seats per capita, anchored by the renowned Guthrie Theater and Walker Art Center. The restaurant scene features distinctive spots like Owamni by The Sioux Chef, which serves indigenous North American cuisine, and Spoon and Stable, known for its versatile menu ranging from bar fare to vegan dishes. The Minneapolis housing market includes diverse options across price points. Single-family homes in Linden Hills have a median price of $875,000, while similar homes in Seward cost $335,800. Townhouses in the North Loop area have a median price of $377,500. The overall median sale price in Minneapolis is $338,000, with one-bedroom condos starting at a median price of $169,900. Living costs in Minneapolis run 6.8% below the national average. A family with school-age children needs approximately $99,000 annually to live comfortably, while renters should aim for $54,000. Property taxes in Hennepin County stand at 1.15%, with a combined sales tax rate of 8.12%. Monthly grocery costs average $1,600 for families and $700 for renters, slightly above the national average. Housing expenses average $2,000 monthly for families and $1,900 for renters. The city maintains excellent public transit through Metro Transit's light rail and bus system, complemented by downtown's 9.5-mile skyway system. Top-rated schools include Breck School and St. Paul Academy, both rated A+ by Niche. Major employers include Target Corporation, U.S. Bancorp, and Xcel Energy, contributing to unemployment rates consistently below national averages.

Learn more about living in Minneapolis

Home Trends in Minneapolis, MN

On average, homes in Minneapolis, MN sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Minneapolis, MN over the last 12 months is $337,000, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$337,000

Median Single Family Sale Price

$350,000

Median Townhouse Sale Price

$250,668

Median 1 Bedroom Sale Price

$169,900

Average Price Per Sq Ft

$244

Number of Homes for Sale

970

Last 12 months Home Sales

4,961

Months of Supply

2.30

Median List Price

$335,000

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

4%