Minneapolis, MN Multifamily Homes & Duplexes for Sale

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  /22

  $350,000

  • 6 Beds
  • 3 Baths
  • 4,032 Sq Ft

  314 Knox Ave N, Minneapolis, MN 55405

  Rare Side-by-Side TRIPLEX Opportunity!Family-owned and occupied for over 25 years, this well-located property is now ready for its next owner. Whether you’re looking for passive income, a live-in investment (occupy one unit and rent the others), or a perfect setup for extended/multi-generational living, this triplex offers flexibility and potential.Features include: Side-by-side

  

  Mai Vang

  eXp Realty

  (612) 979-1856

  314 Knox Ave N, Minneapolis, MN 55405
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  Explore Minneapolis

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  /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
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  /19

  $375,000

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

  3345 31st Ave S, Minneapolis, MN 55406

  Classic up/down duplex with all plumbing, gas systems, floors and kitchen cabinets updated. All bathrooms remodeled. Both units share laundry in the basement. First floor unit is 1 bed/1 bath. Second floor unit is 2 bed/1 bath.

  

  Melissa Clawson

  Call It Closed International Realty

  (612) 445-4877

  3345 31st Ave S, Minneapolis, MN 55406
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  /32

  $525,000

  • 6 Beds
  • 3 Baths
  • 2,624 Sq Ft

  735 Madison St NE, Minneapolis, MN 55413

  Take advantage of this wonderful opportunity to own in an absolutely vibrant North East Mpls neighborhood. Walk to amazing restaurants, festivals, parks, fantastic breweries and distilleries, all steps from your front door. This property is currently set up as a duplex, either rent a unit out and have a mortgage similar to a $350,000 home, convert back to single family or have a multigenerational

  

  Charly Marggraf

  Coldwell Banker Realty

  (612) 429-7637

  735 Madison St NE, Minneapolis, MN 55413
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  /33

  $580,000

  • 4 Beds
  • 2 Baths
  • 2,300 Sq Ft

  928 Franklin Terrace, Minneapolis, MN 55406

  Classic up/down duplex in very nice condition convenient to East River Road walking/cycling routes, U of M, Seward Co-op. Historic features throughout both upper and lower units including dining room built ins, deep antique bathtubs, original tile, hardwood floors, back sunrooms, upper balcony, architectural details. Both spacious units include large, open living and dining rooms, 2 bedrooms with

  

  Melissa Clawson

  Call It Closed International Realty

  (612) 431-8174

  928 Franklin Terrace, Minneapolis, MN 55406
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  /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
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  /17

  $800,000

  • 4 Beds
  • 4 Baths
  • 3,400 Sq Ft

  916 14th Ave NE, Minneapolis, MN 55413

  High Demand NE Minneapolis location! These 2 Duplexes are situated on one PID and located in a rapidly growing area with significant investment and redevelopment, including new multi-family commercial projects. This well-maintained property features identical 1-Bedroom units, all in excellent condition with central A/C and forced air. Many long-term tenants already in place. An ideal opportunity

  

  Ryan Platzke

  Coldwell Banker Realty

  (651) 369-4637

  916 14th Ave NE, Minneapolis, MN 55413
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  /30

  $459,900

  • 5 Beds
  • 3 Baths
  • 2,830 Sq Ft

  2637 Taylor St NE, Minneapolis, MN 55418

  Wonderful duplex in Northeast Minneapolis! Both units are currently rented out. The upper level unit features 2 bedrooms and 1 bathroom. The lower unit has 3 bedrooms and 2 bathrooms including a partially finished basement space. Out back enjoy the fenced in backyard and garage access with 2 stalls plus additional storage space. Great income producing potential! Each unit has a full kitchen,

  

  Jeff Holmers

  Keller Williams Premier Realty Lake Minnetonka

  (612) 662-7230

  2637 Taylor St NE, Minneapolis, MN 55418
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  /35

  $322,500

  • 3 Beds
  • 2 Baths
  • 1,440 Sq Ft

  2933 30th Ave S, Minneapolis, MN 55406

  Welcome to this well-cared-for duplex in the heart of Minneapolis’s vibrant Longfellow neighborhood. Ideally located just off Hwy 55, the property offers easy access to downtown, the University of Minnesota, and several major transit lines, with bus stops just a short walk away. You’re also within minutes of local restaurants, coffee shops, parks, and everyday conveniences, making this a great

  Tom Edelstein Coldwell Banker Realty

  2933 30th Ave S, Minneapolis, MN 55406
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  /32

  $569,900

  • 7 Beds
  • 3 Baths
  • 3,210 Sq Ft

  2512 Dupont Ave S, Minneapolis, MN 55405

  Lowry Hill East Triplex with main level unit ready to owner occupy or rent out during the busy Summer rental season! Lots of 1920’s charm along with thoughtful kitchen and bathroom updates. Exceptional location with just about anything you could want! Lake of the Isles, Kowalski’s, coffee shops, restaurants, and major public transportation are all just a short walk away. This is a biker’s

  Zach Olson DRG

  2512 Dupont Ave S, Minneapolis, MN 55405
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  /105

  $874,900

  • 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
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  /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

  1785 Dupont Ave S, Minneapolis, MN 55403
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  /62

  $337,900

  • 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
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  /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

  John Stiles First Select

  1023 17th Ave SE, Minneapolis, MN 55414
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  /53

  $550,000

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

  3322 Penn Ave N, Minneapolis, MN 55412

  Previous buyer's financing fell through. Their loss, your gain! 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. 5th unit can be owner occupied or possibly rezoned by city to rent out all 5 units!

  Taylor Foster JPW Realty

  3322 Penn Ave N, Minneapolis, MN 55412
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  /61

  $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
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  /100

  $829,900

  • 12 Beds
  • 4 Baths
  • 4,838 Sq Ft

  627 4th St NE, Minneapolis, MN 55413

  Immaculate Four Plex is located in the high-demand neighborhood of St. Anthony West in the center of the NE Art District. One block from the NE Farmers Market and walking distance to the NE shopping district featuring bars, restaurants, and coffee shops. Just blocks from parks and trails along the river. This is a fantastic, solid brick building with front & back covered decks & porches. This is

  Corey McCracken RE/MAX Professionals

  627 4th St NE, Minneapolis, MN 55413
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  /46

  $675,000

  • 4 Beds
  • 3 Baths
  • 2,678 Sq Ft

  3407 Fremont Ave S, Minneapolis, MN 55408

  Perfectly positioned in the heart of South Uptown, this 1900-built up-and-down duplex combines classic architectural character with a full slate of modern, high-value upgrades. Each 2-bedroom unit offers over 1,300 sq ft of living space, private entrances, updated kitchens, and individual ductless mini-split climate control. Unit #1 includes a full bath plus half bath; Unit #2 features a full

  Mike Tracy Keller Williams Realty Integrity Lakes

  3407 Fremont Ave S, Minneapolis, MN 55408
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  /32

  $284,900

  • 3 Beds
  • 2 Baths
  • 1,520 Sq Ft

  5117 Angeline Ave N, Minneapolis, MN 55429

  Welcome to the charming Twin Oaks neighborhood of Crystal where you'll pass manicured lawns and mature trees on your way home. As you enter the cul-de-sac, you'll immediately notice the new roof & gutters, and fully fenced yard. This is the perfect place for a garden, pets, yard games and entertaining. You'll be welcomed at the door with a bright and open entryway. Head upstairs to soaring

  Cory Rudnitski RE/MAX Advantage Plus

  5117 Angeline Ave N, Minneapolis, MN 55429
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  /12

  $849,999

  • 12 Beds
  • 4 Baths
  • 3,888 Sq Ft

  2903 Park Ave, Minneapolis, MN 55407

  Spacious four-plex located in the heart of South Minneapolis. Each of the four units features three bedrooms and one bathroom. There is ample parking available for tenants. Recent updates include new windows, an updated kitchen, and new flooring.

  Wilson Molina Molina Realtors

  2903 Park Ave, Minneapolis, MN 55407
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  /36

  $349,900

  • 4 Beds
  • 2 Baths
  • 1,475 Sq Ft

  1426 Washington St NE, Minneapolis, MN 55413

  Rare opportunity for a NE Arts District duplex with separate fenced yards, separate garage stalls for each unit, a deck for upper level unit overlooking the yard & a rear porch for the main level unit. Both units have 200 amp electric! Main floor features refinished hardwood floors, spacious living room, dining area, a large picture window, Victorian millwork, updated lighting in recent years,

  Elizabeth Sibet eXp Realty

  1426 Washington St NE, Minneapolis, MN 55413
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  /31

  $285,000

  • 2 Beds
  • 3 Baths
  • 1,717 Sq Ft

  3017 30th Ave S, Minneapolis, MN 55406

  Charming South Minneapolis duplex, perfect for owner-occupant or investor. Each unit is filled with vintage character including hardwood floors and natural woodwork. The main level unit offers a living room, dining room, kitchen, and convenient 1⁄4 bath, with the primary suite located in the lower level featuring heated tile floors, a walk-in closet, washer/dryer, and a full bathroom. The upper

  Douglas Herkenhoff Edina Realty, Inc.

  3017 30th Ave S, Minneapolis, MN 55406
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  /72

  $599,000

  • 5 Beds
  • 3 Baths
  • 2,565 Sq Ft

  3336 Lyndale Ave S, Minneapolis, MN 55408

  Welcome to 3336 Lyndale, where charm, high income potential, minimal maintenance, and gorgeous updates meet in the heart of Minneapolis! This duplex is not just a home; it’s a savvy investment opportunity. With five bedrooms and three bathrooms spread over almost 2,600 square feet, this property offers ample space for both living and generating rental income.The lower unit is a cozy

  Jordan Whitewater Compass

  3336 Lyndale Ave S, Minneapolis, MN 55408
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  /28

  $409,900

  • 7 Beds
  • 4 Baths
  • 3,312 Sq Ft

  1418 Oliver Ave N, Minneapolis, MN 55411

  Don't miss this spacious duplex with 7 bedrooms and 4 baths. Lower unit spans two levels, 4 beds, 2 full baths and a den (or 5th bed). In addition find in unit laundry, large kitchen open to living room and plenty of storage. Upper unit features vaulted ceilings, 3 beds, 2 full baths, in unit laundry and tons of natural light. Too many updates to list make this property perfect to owner occupy or

  Marissa Winegarden eXp Realty

  1418 Oliver Ave N, Minneapolis, MN 55411
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  /44

  $595,000

  • 6 Beds
  • 4 Baths
  • 3,655 Sq Ft

  809 27th Ave S, Minneapolis, MN 55454

  Welcome to one of the most gem, hidden neighborhoods in Minneapolis! Nestled in a "nook" of the Mississippi, and boasting several walkable parks and access to the river, the U of M, as well as local restaurants, grocery, and more. This stately late-Victorian fourplex is easy to rent and could make for an exceptional owner-occupant opportunity, with funding available in conventional loans for only

  Paul Olson Lakes Area Realty

  809 27th Ave S, Minneapolis, MN 55454
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  /25

  $395,000

  • 6 Beds
  • 4 Baths
  • 2,590 Sq Ft

  2209 Harriet Ave, Minneapolis, MN 55405

  Welcome to 2209 Harriet Avenue, an easy to own duplex with FOUR finished levels located in The Wedge neighborhood. This property has so much to offer its future owner, whether an owner-occupant or investor. A 2011 installed roof and maintenance free siding in vinyl and composite, and very loyal tenants make ownership easy. Your tenants will love the huge front deck and massive rear hang-out patio

  Paul Olson Lakes Area Realty

  2209 Harriet Ave, Minneapolis, MN 55405
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  /37

  $435,000

  • 6 Beds
  • 2 Baths
  • 2,484 Sq Ft

  823 20th Ave NE, Minneapolis, MN 55418

  Well maintained and move-in ready, this side-by-side duplex is a rare Minneapolis find with endless possibilities. Each two-level unit features three bedrooms, one bathroom, gleaming hardwood floors, and abundant natural light through all recently replaced windows. A fully fenced yard offers the perfect space for outdoor enjoyment, while thoughtful upgrades provide lasting peace of

  Jason Huerkamp Keller Williams Preferred Rlty

  823 20th Ave NE, Minneapolis, MN 55418
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  /53

  $465,000

  • 4 Beds
  • 2 Baths
  • 3,612 Sq Ft

  5808 36th Ave N, Minneapolis, MN 55422

  Agent and buyers to verify all measurements and information. Welcome to this beautifully updated duplex nestled in the heart of Crystal—a prime location known for its welcoming community and quick access to parks, shopping, and downtown Minneapolis. Whether you're looking for a savvy investment or a place to call home with income potential, this property delivers. Property Highlights:- Fresh

  Bory Prom Real Estate Masters, Ltd.

  5808 36th Ave N, Minneapolis, MN 55422
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  /39

  $399,999

  • 4 Beds
  • 2 Baths
  • 2,232 Sq Ft

  3740 13th Ave S, Minneapolis, MN 55407

  Welcome to this well-maintained South Minneapolis duplex, perfectly situated in a vibrant/walkable area. This classic up-and-down duplex offers timeless charm and is ideal for both investors and those looking to offset their mortgage with rental income.

  Jason Reed RE/MAX Results

  3740 13th Ave S, Minneapolis, MN 55407
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  /51

  $495,000

  • 7 Beds
  • 4 Baths
  • 2,775 Sq Ft

  3033 Park Ave, Minneapolis, MN 55407

  True Triplex in the central neighborhood. Unit #1 shows off 3 bedrooms/2 bathroom. Unit #2 has 3 bedrooms/1 bathroom and an office and unit #3 has 1 bedroom/1 bathroom. One of the three bedroom units may be available for an owner occupant. On the exterior it has a nice porch, vinyl siding and a 2 car garage. Check with the city as there might be a chance to add a fourth unit in the basement. The

  Garrett Gordon Side by Side Realty LLC

  3033 Park Ave, Minneapolis, MN 55407
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  /5

  $178,000

  • 7 Beds
  • 2 Baths
  • 2,788 Sq Ft

  905 Queen Ave N, Minneapolis, MN 55411

  Investor/contractor opportunity to gain serious equity. Small kitchen fire that damaged ceiling into attic. All mechanicals are in working order. Home is gutted to the studs.

  Deeyon Persaud Bridge Realty, LLC

  905 Queen Ave N, Minneapolis, MN 55411
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  /37

  $249,900

  • 3 Beds
  • 2 Baths
  • 1,840 Sq Ft

  2924 Emerson Ave N, Minneapolis, MN 55411

  Beautiful two story duplex with charming front porch, original woodwork, and hardwood floors. Recent updates include NEW ROOF and gutters, NEW drain tile system in basement with battery backup on sump pump, new siding and window wraps on 2 sides of home, and the boiler heating system has been cleaned, serviced, and certified. Many of the interior rooms have been professionally painted this year.

  Stephanie Gruver RE/MAX Results

  2924 Emerson Ave N, Minneapolis, MN 55411
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  /66

  $749,900

  • 5 Beds
  • 3 Baths
  • 3,219 Sq Ft

  4937 Sheridan Ave S, Minneapolis, MN 55410

  Highly desirable side by side brick and stone duplex on double lot 2 blocks off Lake Harriet. Unit 1features 2 bedrooms, 1 bathroom up with a lower level that has another bathroom, sauna and finishedspace. Unit 2 has 3 bedrooms/1 bathroom, with one finished room in basement. Both units feature bricksurround fireplaces, open living dining with large picture windows and have a lower

  Sarah Page LPT Realty, LLC

  4937 Sheridan Ave S, Minneapolis, MN 55410
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  /22

  $275,000

  • 4 Beds
  • 2 Baths
  • 1,848 Sq Ft

  3907 Dupont Ave N, Minneapolis, MN 55412

  Opportunity knocks! This up-and-down duplex is perfect for investors, flippers, or buyers looking to build equity. Each spacious unit features two bedrooms and one bathroom. The layout is ideal for rental income or multi-generational living. Whether you’re looking to renovate and rent, flip for resale, or create your dream two-unit home, this is an opportunity you won’t want to miss.

  Kerby Skurat RE/MAX Results

  3907 Dupont Ave N, Minneapolis, MN 55412
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  /47

  $975,000

  • 8 Beds
  • 4 Baths
  • 3,300 Sq Ft

  3379 Brownlow Ave, Minneapolis, MN 55426

  Rarely available Saint Louis Park four-plex—completely renovated inside and out. Exterior boasts premium Hardie-board siding and black Andersen windows for durability and style. Each unit features its own furnace with separate ductwork, and separate electrical system. The property offers a large parking pad plus a 4-stall garage, along with shared commercial-grade laundry and over 1,500 sq. ft.

  Conor Hannon Bridge Realty, LLC

  3379 Brownlow Ave, Minneapolis, MN 55426
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  /30

  $988,900

  • 9 Beds
  • 4 Baths
  • 4,808 Sq Ft

  3912 Blaisdell Ave, Minneapolis, MN 55409

  Renovated in 2017; windows, kitchens, baths, stainless appliances, 5 furnaces, roof - everything in great condition and has been well-maintained.Fully rented with leases up in June, July, August for flexibility. Renters may wish to extend their leases. Easy to keep filled - AWESOME Kingfield location!x2 Three-bedroom unitsx2 Two-bedroom unitsx1 One-bedroom unit

  Angela Richter RE/MAX Results

  3912 Blaisdell Ave, Minneapolis, MN 55409
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  /46

  $424,000

  • 4 Beds
  • 2 Baths
  • 1,784 Sq Ft

  4222 Nokomis Ave, Minneapolis, MN 55406

  Great investment opportunity in this incredible up/down duplex located close to restaurants, bars, coffee shops, light rail, parks and more. Property sits on a double lot. Lots of green space, two garden beds, a fenced in portion with deck, enclosed front porch, large driveway off back alley with detached 2 car garage. Upper unit has a non-conforming 3rd bedroom with access to unfinished attic

  Carmen Adams PRO Realty Services LLC

  4222 Nokomis Ave, Minneapolis, MN 55406
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  /61

  $465,000

  • 4 Beds
  • 2 Baths
  • 1,552 Sq Ft

  4630 Cedar Ave S, Minneapolis, MN 55407

  Great Location Near lake Nokomis and Hiawatha! Classic side by side duplex with exceptional walkability, perfectly locatedonly 1 block to Lunds & Byerly’s, Starbucks and Caribou, Grand Ole Creamery, Carbone's Pizza and more.Walking distance to Lake Nokomis and Hiawatha, beaches, Minnehaha Creek, Hiawatha Golf Course. Both units have updated kitchen and bathrooms, original HW flooring, 2

  Diana Urban RE/MAX Results

  4630 Cedar Ave S, Minneapolis, MN 55407
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  /5

  $364,900

  • 7 Beds
  • 3 Baths
  • 3,428 Sq Ft

  3415 17th Ave S, Minneapolis, MN 55407

  Cash-flowing triplex with excellent layouts. Tenants pay for heat and electricity. The original structure is an up/down duplex, each unit with two bedrooms. A large third unit was added to the back, and it features separate utilities and its own basement.

  Michael Gross RE/MAX Results

  3415 17th Ave S, Minneapolis, MN 55407
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  /17

  $385,000

  • 6 Beds
  • 2 Baths
  • 2,535 Sq Ft

  2635 Polk St NE, Minneapolis, MN 55418

  Introducing 2635 Polk Street Northeast in the Audubon Park neighborhood of North East Minneapolis. This duplex is a great investment or owner-occupied opportunity. The main level unit features three bedrooms, full kitchen, and a family room. The upper level unit features three bedrooms, full kitchen, and plenty of natural light. Completing this duplex is a fenced backyard with paver patio,

  Al Anderson Compass

  2635 Polk St NE, Minneapolis, MN 55418

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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 39 days on the market compared to the national average of 52 days. The median sale price for homes in Minneapolis, MN over the last 12 months is $340,000, up 5% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$340,000

Median Single Family Sale Price

$351,000

Median Townhouse Sale Price

$260,000

Median 1 Bedroom Sale Price

$165,000

Average Price Per Sq Ft

$237

Number of Homes for Sale

1,194

Last 12 months Home Sales

5,896

Months of Supply

2.40

Median List Price

$340,000

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

5%