Minneapolis, MN Multifamily Homes & Duplexes for Sale

• 

  $419,900

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

  451 Taylor St NE, Minneapolis, MN 55413

  

  Chan Slettehaugh

  Edina Realty, Inc.

  (612) 712-7824

  451 Taylor St NE, Minneapolis, MN 55413
• 

  Explore Minneapolis

• 

  

  

  /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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  /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
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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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  /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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  /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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  /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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  /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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  /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
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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

  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
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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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  /46

  $675,000 Coming Soon

  • 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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  /38

  $595,000

  • 4 Beds
  • 2 Baths
  • 2,436 Sq Ft

  4510 Colfax Ave S, Minneapolis, MN 55419

  Discover a rare investment or owner-occupant opportunity in one of Minneapolis’ most sought-afterneighborhoods. This well-maintained up-and-down duplex sits on an oversized lot in the heart of East Harriet. Nestled on a quiet residential street just blocks from Lake Harriet, you can truly live the South Minneapolis dream! Each unit features updated kitchens and bathrooms, generous living

  Dave Anderson Edina Realty, Inc.

  4510 Colfax Ave S, Minneapolis, MN 55419
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  /38

  $395,000

  • 4 Beds
  • 2 Baths
  • 1,332 Sq Ft

  1716 California St NE, Minneapolis, MN 55413

  Welcome to an artist’s dream duplex in the heart of the Northeast Arts District!This beautifully maintained, owner-occupied duplex features two units—each offering 2 bedrooms and 1 bathroom. Every inch of the property has been thoughtfully cared for, from the stylishly painted interiors to the well-designed backyard patio, perfect for relaxing or entertaining.The lower unit is

  Drew Hoefler Side by Side Realty LLC

  1716 California St NE, Minneapolis, MN 55413
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  /142

  $329,999

  • 7 Beds
  • 2 Baths
  • 2,010 Sq Ft

  4433 Aldrich Ave N, Minneapolis, MN 55412

  Owner occupy is available after November 1st. This large 2-unit duplex on an oversized corner lot is a fantastic investment opportunity! Both units are fully occupied with long-term Leases, and it meets the 1 percent rule making it a smart choice for investors. The main level unit is 4 bed 1 bath and is currently leased for $1,995.00 a month. The upper unit is a 3 bed 1 bath and is currently

  Cody Wood Realty ONE Group Choice

  4433 Aldrich Ave N, Minneapolis, MN 55412
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  /15

  $420,000

  • 6 Beds
  • 4 Baths
  • 1,944 Sq Ft

  2201 Lyndale Ave N, Minneapolis, MN 55411

  EASY TO SHOW! Currently, the property is vacant (Total rent is $1200/month for 1 section the other side owner occupies). Gas and Electric tenants paid. The water and trash owner paid $300/month. Beautiful Duplex up and down with easy access to the highway. Spacious Basement and room to build. Close to downtown Minneapolis. Great for an investment opportunity or a place to call home. Bring your

  Karson Xiong TruHomes Realty LLC

  2201 Lyndale Ave N, Minneapolis, MN 55411
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  /53

  $649,000

  • 5 Beds
  • 4 Baths
  • 3,308 Sq Ft

  2507 Lyndale Ave S, Minneapolis, MN 55405

  This Multi-Family 4-Plex on Lyndale Avenue offers an 899 sq ft finished attic with potential to convert into a 5th unit (requires kitchen addition). Note: converting to a 5th unit changes the property status from residential to commercial with the City of Minneapolis. Zoned CM2 ("Corridor Mixed Use District"), this property is ideal for exploring small business opportunities on the first level

  Christian Knudson Coldwell Banker Realty

  2507 Lyndale Ave S, Minneapolis, MN 55405
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  /63

  $440,000

  • 4 Beds
  • 2 Baths
  • 2,923 Sq Ft

  2816 Garfield Ave, Minneapolis, MN 55408

  Fantastic up/down duplex ready for you to owner occupy or add to your investment portfolio. Spacious floor plan with 2 beds 1 bath in each unit. Rare 3 garage stalls out back, boiler 2019, fresh interior paint, newer washer/dryer, and hardwood floors throughout. Prime location near Eat Street, Aldi, Wedge community co-op, midtown Greenway bike/walking path, Wrektangle Pizza, World Street

  Taylor Matzoll Coldwell Banker Realty

  2816 Garfield Ave, Minneapolis, MN 55408
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  /40

  $1,100,000

  • 2 Beds
  • 2 Baths
  • 2,464 Sq Ft

  4436 Thomas Ave S, Minneapolis, MN 55410

  With views of Lake Harriet, high ceilings and outstanding natural light, this amazing 2 bedroom/2 bath top floor condo offers a tremendous opportunity for buyers. Extensively refreshed with new hardwood floors & carpeting, renovated full primary bath & generous primary bedroom, new kitchen counters & fresh decor. Kitchen opens to great room with gas fireplace, bar, bookcases & access to deck.

  Barry Berg Coldwell Banker Realty

  4436 Thomas Ave S, Minneapolis, MN 55410
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  /34

  $280,000

  • 4 Beds
  • 2 Baths
  • 1,700 Sq Ft

  3339 Aldrich Ave N, Minneapolis, MN 55412

  Welcome to this income-producing duplex! The lower unit is designed with the owner-occupant in mind. It features a spacious layout, hardwood floors, large kitchen and 2 nice porch areas. The upper unit presents an exceptional opportunity for generating income. With its separate entrance and distinct living space, it offers privacy and independence. Investors will appreciate its potential for

  Howard Gangestad Howard Gangestad Real Estate

  3339 Aldrich Ave N, Minneapolis, MN 55412
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  /24

  $349,900

  • 5 Beds
  • 2 Baths
  • 2,002 Sq Ft

  3322 Stevens Ave, Minneapolis, MN 55408

  Welcome to this beautiful turnkey duplex in the Lyndale neighborhood! With a great unit mix including two bedrooms on the lower level with unfinished basement and 3 bedrooms on top with an unfinished attic and in unit laundry -plenty of room for tenants or househackers. Rent out the 2 separate garage stalls for additional income! Recently renovated with flooring, paint, stone countertops,

  Michael Moe Superior Property Management

  3322 Stevens Ave, Minneapolis, MN 55408
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  /27

  $479,900

  • 6 Beds
  • 3 Baths
  • 2,953 Sq Ft

  3105 17th Ave S, Minneapolis, MN 55407

  Nice up and down! Duplex !The upper level has3 bedrooms updated. The main level has 3 bedrooms and the basement has a 1 full bath , family room it could be use as a studio. Great for owner occupied or investment.

  Ivonne Delgado Kuri National Realty Guild

  3105 17th Ave S, Minneapolis, MN 55407
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  /43

  $449,000

  • 5 Beds
  • 2 Baths
  • 2,354 Sq Ft

  3017 29th Ave S, Minneapolis, MN 55406

  Buyers and agents to verify measurements, deemed reliable. Feedback appreciated! Beautifully updated and generously sized up-down duplex located in the heart of Longfellow. Featuring an open, spacious layout with potential to expand in the basement or finish the third level for added living space. This home is filled with charm, showcasing stunning original woodwork, stained glass windows,

  Gabe Perez Keller Williams Realty Integrity Lakes

  3017 29th Ave S, Minneapolis, MN 55406
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  /13

  $450,000

  • 8 Beds
  • 3 Baths
  • 3,911 Sq Ft

  1517 11th Ave S, Minneapolis, MN 55404

  Triplex by US Bank Stadium with off street parking. Perfect investment property with a consistent occupancy rate.

  Elizabeth Hurley Edina Realty, Inc.

  1517 11th Ave S, Minneapolis, MN 55404
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  /21

  $524,900

  • 4 Beds
  • 2 Baths
  • 1,880 Sq Ft

  3604 E 56th St, Minneapolis, MN 55417

  Meticulously maintained duplex on a sunny corner lot with strong rental appeal and valuable updates throughout. Each unit features separate gas, electric, furnace, A/C, and water heater—ideal for minimizing overhead and simplifying management. Recent improvements include brand-new stainless steel appliances in both units, updated kitchen and dining area in Unit 1, and new in-unit washer/dryer in

  Michael Floyd eXp Realty

  3604 E 56th St, Minneapolis, MN 55417
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  /26

  $320,000

  • 3 Beds
  • 2 Baths
  • 1,700 Sq Ft

  3206 19th Ave S, Minneapolis, MN 55407

  This is a great duplex with up and down units featuring hardwood floors, full baths, off-street parking, yard space, newer windows, large porches, renovated kitchens and baths. The upper unit has 2 bedrooms and the lower unit could easily add a wall and door to make an official 2nd bedroom. Wonderful rental or place to call home.

  Gerald Hoagland Keller Williams Preferred Rlty

  3206 19th Ave S, Minneapolis, MN 55407
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  /23

  $315,000

  • 4 Beds
  • 3 Baths
  • 2,491 Sq Ft

  2827 Lyndale Ave N, Minneapolis, MN 55411

  Great Investment Opportunity in North Minneapolis!Duplex available due to relocation. The main floor unit features 1 bedroom, 1 bathroom, kitchen, living room and dining room.The second-floor unit offers 3 bedrooms and access to a finished attic, which could potentially be used as a third unit.Perfect for owner-occupants or investors looking for rental income.Don’t miss out on

  Paulo Mora RE/MAX Advantage Plus

  2827 Lyndale Ave N, Minneapolis, MN 55411
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  /36

  $359,000

  • 4 Beds
  • 2 Baths
  • 1,870 Sq Ft

  3329 Clinton Ave, Minneapolis, MN 55408

  Welcome to 3329 Clinton Ave S, a beautifully maintained up/down duplex offering a perfect blend of modern updates and classic charm. Each unit features 2 bedrooms and 1 bathroom, with thoughtful renovations that include updated kitchens with new cabinets, granite/quartz countertops, refinished hardwood floors, and refreshed bathrooms and more. The property also boasts a 2.5-stall detached garage

  Jamie Hall Rize Realty

  3329 Clinton Ave, Minneapolis, MN 55408
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  /36

  $500,000

  • 5 Beds
  • 4 Baths
  • 3,204 Sq Ft

  5926 Portland Ave, Minneapolis, MN 55417

  Side-by-side duplex with 3 bedrooms and two bathrooms, fireplace in living room, footings for another fireplace in the basement. Outside unit has a deck with gas grill. The other unit has two bedrooms, two bathrooms, fireplace in the living room and in the basement. Outside unit has a patio, garden, and gas grill. Three-car garage is a big plus. New roof as of 2024. Easy access to I-35, I-494,

  Gary Thaler Coldwell Banker Realty

  5926 Portland Ave, Minneapolis, MN 55417
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  /31

  $775,000

  • 12 Beds
  • 4 Baths
  • 3,592 Sq Ft

  4556 Madison St NE, Minneapolis, MN 55421

  Here is your opportunity to own a 12 bedroom 4 plex in the heart of Columbia Heights! Each unit features 3 bedrooms and 1 full bath. With two units currently leased and two units vacant, this is the perfect mix for both investors and owner-occupants looking to house hack or fill with new tenants at market rent.Major capital improvements that have been completed in the past 4 years include:

  Alyssa Strom Jason Mitchell Group

  4556 Madison St NE, Minneapolis, MN 55421
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  /55

  $375,000

  • 6 Beds
  • 2 Baths
  • 2,996 Sq Ft

  2101 Vincent Ave N, Minneapolis, MN 55411

  Exceptional investment opportunity: Well-maintained side-by-side duplex featuring two 3 Bedroom/1 Bathroom units. Prime Minneapolis location bordering Golden Valley, Robbinsdale and near Theadore Wirth Parkway. Perfect for savvy investors seeking steady rental income or owner-occupants looking to offset mortgage costs with rental revenue. Each spacious unit is identical in floor plan and has

  Joe Allen RE/MAX Results

  2101 Vincent Ave N, Minneapolis, MN 55411
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  /64

  $599,900

  • 7 Beds
  • 3 Baths
  • 3,959 Sq Ft

  3448 Girard Ave S, Minneapolis, MN 55408

  This spacious up/down duplex is conveniently located within walking distance of Bde Maka Ska and is close to Uptown. The upper unit features three bedrooms and one bathroom, including in-unit laundry, hardwood and tile floors, a lovely three-season porch, high ceilings, and a separate dining area with a built-in buffet. It also features a large kitchen. The main level unit spans two levels and

  Laurie Allen Coldwell Banker Realty

  3448 Girard Ave S, Minneapolis, MN 55408
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  /13

  $269,900

  • 6 Beds
  • 4 Baths
  • 1,566 Sq Ft

  2623 Polk St NE, Minneapolis, MN 55418

  Investor special in high-demand Northeast Minneapolis! This up/down duplex offers incredible potential with a newer roof (2019) and furnace. Needs renovation, but opportunities abound. Priced as the cheapest duplex in NE Minneapolis, this is your chance to build equity in a prime location. Easy to show, quick close possible.

  Danielle Martinez HOMESTEAD ROAD

  2623 Polk St NE, Minneapolis, MN 55418
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  /22

  $299,900

  • 5 Beds
  • 2 Baths
  • 1,982 Sq Ft

  3107 Dupont Ave N, Minneapolis, MN 55411

  Great house hack opportunity. Main floor unit just went through a full renovation. New flooring, new paint, new appliances, new countertops and new vanity. 2 bed 1 bath with double sink vanity. 2 car garage is open and for buyers use. Upper unit has long term tenant on month to moth at $1775 pr month. Attic is insulated and ready to be added income. Shared laundry in the basement. Brand new

  Aaron Beauchaine Meta Realty

  3107 Dupont Ave N, Minneapolis, MN 55411
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  /25

  $519,900

  • 5 Beds
  • 2 Baths
  • 2,708 Sq Ft

  3136 Lyndale Ave S, Minneapolis, MN 55408

  Quality 2.5 story duplex in the heart of the Lynn Lake neighborhood. Numerous modern updates combined with the charm of yesterday. Updated bathrooms and kitchens with stainless steel appliances. Hardwood floors, high ceilings and an abundance of natural light. Each unit has newer furnace and central air unit. Large garage and extra off street parking. Short walk or bike ride to countless trail

  Michael Pahl Compass

  3136 Lyndale Ave S, Minneapolis, MN 55408
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  /28

  $425,000 Open Thu 4PM - 6PM

  • 3 Beds
  • 2 Baths
  • 1,809 Sq Ft

  3328 Emerson Ave S, Minneapolis, MN 55408

  Demand South Uptown rental in move-in ready condition set to go for an owner-occupant or investor. The high-end updates have been completed, no maintenance exterior, windows, furnace, central air, water heater and roof. 2/1 and 1/1 units, separate utilities, large rear fenced yard and ample off-street parking. Located just blocks from Lake Bde Maka Ska, shopping, restaurants, and public

  Bruce Hendrickson Edina Realty, Inc.

  3328 Emerson Ave S, Minneapolis, MN 55408

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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 68 days on the market compared to the national average of 70 days. The median sale price for homes in Minneapolis, MN over the last 12 months is $469,000, down 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$469,000

Median Single Family Sale Price

$499,999

Median Townhouse Sale Price

$347,500

Average Price Per Sq Ft

$334

Number of Homes for Sale

72

Last 12 months Home Sales

527

Months of Supply

1.60

Median List Price

$500,000

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

-4%