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Bancroft Multifamily Homes & Duplexes for Sale

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  • /15

    $599,000

    • 8 Beds
    • 4 Baths
    • 3,680 Sq Ft

    3809 Bloomington Ave, Minneapolis, MN 55407

    High-performing South Minneapolis 4plex. All units are 2BR/1BA. There are also 4 garage stalls accessible via the alley. High-efficiency boiler installed in 2013, & roof was replaced in 2024. The opportunity exists to increase rents, and also rent out large storage rooms in the basement. The building is currently enrolled in Minneapolis 4D program for a significant reduction in the tax bill.

    David Dirkers MRG Realty Partners, LLC

    3809 Bloomington Ave, Minneapolis, MN 55407
  • /25

    $405,000

    • 4 Beds
    • 2 Baths
    • 3,224 Sq Ft

    4017 Bloomington Ave, Minneapolis, MN 55407

    Duplex with the potential to be converted into 4 units. Each side offers generous living space with strong rental potential, making it perfect for both owner-occupants and investors. Conveniently located near parks, shops, and public transportation , this property is a rare chance to add value and maximize income.24 hours notification.

    Elba Garza Keller Williams Integrity Realty

    4017 Bloomington Ave, Minneapolis, MN 55407
  • /21

    $750,000

    • 8 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

Why Live in Bancroft

Bancroft, a neighborhood in Minneapolis, offers a suburban feel with a strong sense of community among its residents, which include families and young professionals. The area is known for its parks and coffee shops, fostering social interaction and outdoor activities. Bancroft's location between Interstate 35 West and State Highway 55, just 5 miles from downtown, makes it ideal for commuters. The neighborhood is close to Minnehaha Creek and Minnehaha Regional Park, a 193-acre park featuring limestone bluffs, a 53-foot waterfall, and various hiking trails. Lake Nokomis, with its fishing pier, Naturescape Garden, and sandy beach, is also within walking distance. Bancroft Elementary School and South High School are highly rated, providing quality education options. The neighborhood's housing market is competitive, with many homes dating back to the 1920s and 30s, including Craftsman bungalows. Bancroft is primarily residential but offers convenient access to shopping and dining, including the Midtown Global Market and local favorites like Lowbrow and The Tiny Diner. Public transportation is well-developed, with several bus lines and the Blue Line light rail nearby. Healthcare facilities such as Hennepin County Medical Center and Fairview Southdale Hospital are easily accessible. The neighborhood's crime rate is lower than the national average, contributing to its appeal for potential homebuyers.

Home Trends in Bancroft, MN

Housing Trends

Median Sale Price
$350,000
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$124,200
Average Price Per Sq Ft
$207
Number of Homes for Sale
9
Last 12 months Home Sales
52
Months of Supply
2.10
Median List Price
$330,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
27%
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