Minneapolis, MN Multifamily Homes & Duplexes for Sale

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  /35

  $649,000

  • 6 Beds
  • 2 Baths
  • 2,663 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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  /41

  $439,900

  • 4 Beds
  • 2 Baths
  • 2,592 Sq Ft

  3847 Cedar Ave S, Minneapolis, MN 55407

  

  Juila Wang

  Keller Williams Classic Realty

  (612) 441-3615

  3847 Cedar Ave S, Minneapolis, MN 55407
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  /20

  $480,000

  • 4 Beds
  • 2 Baths
  • 1,728 Sq Ft

  3009 39th Ave S, Minneapolis, MN 55406

  This is a fantastic opportunity to obtain a side-by-side duplex in the Cooper Neighborhood. Bring on the owner occupants, investors, or those looking to house-hack! Newer roof, newer furnaces, newer water heaters! Both units have large useable space in the basements, separate laundry, and garage parking. It should be possible to add 4 legal bedrooms, 2 baths, and additional family rooms on each

  

  Ryan Platzke

  Coldwell Banker Realty

  (612) 979-1672

  3009 39th Ave S, Minneapolis, MN 55406
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  /26

  $315,000

  • 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.

  

  Michelle Hoagland

  Keller Williams Preferred Rlty

  (612) 441-2339

  3206 19th Ave S, Minneapolis, MN 55407
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  /16

  $339,900

  • 3 Beds
  • 2 Baths
  • 1,432 Sq Ft

  3444 Cedar Ave S, Minneapolis, MN 55407

  Beautifully updated duplex with hardwood floors, fresh paint, modern bathrooms, and new furnaces and water heaters. Spacious parking pad. Prime Powderhorn Park location near Powderhorn Park, Midtown Global Market, Abbott Northwestern Hospital, and Allina Commons. Quick access to Lake Street shops, dining, entertainment, transit, and bike trails. Just minutes to Downtown and Uptown. Perfect for

  

  Devon Walton

  HOMESTEAD ROAD

  (612) 473-3394

  3444 Cedar Ave S, Minneapolis, MN 55407
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  /27

  $549,000

  • 3 Beds
  • 3 Baths
  • 2,837 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 for even more income! Very nice bathroom, egress window and kitchen rough-in in basement already. Previously owner-occupied with no current rent rolls, this is the perfect chance to set your own rates.

  

  Melissa Clawson

  Call It Closed International Realty

  (612) 594-7051

  2925 Sunset Blvd, Minneapolis, MN 55416
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  /12

  $233,700

  • 3 Beds
  • 2 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. The home is being sold AS-IS. No estimates on rental history due to not

  

  Devon Walton

  HOMESTEAD ROAD

  (612) 324-0450

  2623 Polk St NE, Minneapolis, MN 55418
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  /31

  $349,900

  • 5 Beds
  • 2 Baths
  • 2,268 Sq Ft

  55 Williams Ave SE, Minneapolis, MN 55414

  This duplex offers great flexibility and convenience! The upper unit features a spacious living room, 2 bedrooms, a full bath, and a porch with laundry. The main floor includes 3 bedrooms and 1 bathroom, making it ideal for an owner-occupant or investment opportunity. Conveniently located near the University of Minnesota, this property provides easy access to campus, shopping, dining, and public

  

  Devon Walton

  HOMESTEAD ROAD

  (612) 662-5292

  55 Williams Ave SE, Minneapolis, MN 55414
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  /17

  $759,000

  • 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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  /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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  /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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  /22

  $364,900

  • 4 Beds
  • 2 Baths
  • 2,158 Sq Ft

  2726 Grand Ave S, Minneapolis, MN 55408

  Solid, updated up/down duplex in prime Whittier neighborhood. Close to all the action, fun & convenience of public transportation & hwy's. Most all features have been updated in the last 10 yrs & recently cleaned, painted & tidied up to make this one ready to roll for an investor or owner-occ moving in to one unit & getting $1250-1450/m from the other. Shared coin-op laundry & storage in shared

  Reid Lenz Verde Real Estate Group

  2726 Grand Ave S, Minneapolis, MN 55408
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  /105

  $630,000

  • 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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  /49

  $529,900

  • 5 Beds
  • 2 Baths
  • 2,228 Sq Ft

  2108 24th Ave S, Minneapolis, MN 55406

  Updated duplex in the Seward neighborhood offers a balanced blend of classic character and modern updates. Situated on a quiet, tree-lined street, the property retains its original architectural details, including hardwood floors, stained-glass windows, and natural wood trim. Recent improvements include central air conditioning, a fully remodeled bathroom, in-unit laundry, and updated kitchen

  Isaac Kuehn DRG

  2108 24th Ave S, Minneapolis, MN 55406
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  /83

  $675,000

  • 4 Beds
  • 2 Baths
  • 2,532 Sq Ft

  2118 24th Ave S, Minneapolis, MN 55406

  This Seward cedar duplex has plenty of reasons to hold your attention. A unique combination of improvements, features, space, utility, and condition. Initially a single-family home, this property was extensively and thoughtfully converted into a zoned multi family residence after a multi-year renovation completed around 2007. Continuously owner-occupied over its life and offered publicly for the

  John Ahnemann Lakes Area Realty

  2118 24th Ave S, Minneapolis, MN 55406
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  /62

  $314,900

  • 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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  /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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  /27

  $650,000

  • 6 Beds
  • 4 Baths
  • 3,735 Sq Ft

  3513 Emerson Ave S, Minneapolis, MN 55408

  PRIME SOUTH MPLS 4-UNIT INVESTMENT - WALKABLE LOCATION! Exceptional opportunity for investors or owner-occupants! This meticulously maintained, four-unit building is nestled in a highly sought-after South Minneapolis neighborhood, just blocks from Bde Maka Ska and the area's vibrant dining and retail scene. The property features a desirable mix of units, including: two 2 bed 1 bath and two 1 bed

  Brian Hauke Doro Real Estate

  3513 Emerson Ave S, Minneapolis, MN 55408
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  /45

  $799,900

  • 6 Beds
  • 3 Baths
  • 3,060 Sq Ft

  3349 Irving Ave S, Minneapolis, MN 55408

  Wonderfully located duplex with a Golden Address that has been owner occupied for over 20 years and is in immaculate condition. The cherry on top is a 3rd floor that has been rented since 2018 as an Superhost Airbnb that brought in almost $30k in 2024 with tremendous room for growth in that number with almost 500 reviews. All furniture and furnishings are included in sale on the 3rd floor. This

  Nicholas Hall Coldwell Banker Realty

  3349 Irving Ave S, Minneapolis, MN 55408
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  /25

  $399,900

  • 5 Beds
  • 3 Baths
  • 1,920 Sq Ft

  3010 Kentucky Ave N, Minneapolis, MN 55427

  Super well maintained side x side duplex in Crystal, just down the street from renovated Valley Place Park. Each unit features private laundry, walkout basements, and separate driveways. 3010 has 2 bedrooms, 1 full bathroom, newer appliances, and newer egress. 3012 has 3 bedrooms, 2 full bathrooms, new furnace and central AC. Other features include a large shared garage, large backyard, new roof,

  Michael Garbart RE/MAX Advantage Plus

  3010 Kentucky Ave N, Minneapolis, MN 55427
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  /60

  $549,900

  • 6 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 two bedrooms, one full bathroom, in-unit laundry, hardwood and tile floors, a lovely 4-season porch (which could be BR 3), high ceilings, and a separate dining area with a built-in buffet. It also features a large kitchen. The main level unit spans two

  Laurie Allen Coldwell Banker Realty

  3448 Girard Ave S, Minneapolis, MN 55408
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  /26

  $625,000

  • 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
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  /21

  $800,000

  • 6 Beds
  • 4 Baths
  • 2,764 Sq Ft

  5024 Beard Ave S, Minneapolis, MN 55410

  RARE OPPORTUNITY NEAR 50TH & FRANCE! This side-by-side duplex sets on a double-wide 1/4-acre lot and offers a multitude of possibilities. Great long-term investment. Easy to fill with strong rents in the area. Owner-occupy one side and "house hack" your living expense with rental income. Plenty of land to start over and build your dream home in one of the most coveted neighborhoods in

  Trevor Howat eXp Realty

  5024 Beard Ave S, Minneapolis, MN 55410
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  /33

  $550,000

  • 5 Beds
  • 2 Baths
  • 2,497 Sq Ft

  1730 5th St NE, Minneapolis, MN 55413

  Welcome to this beautiful up/down duplex in Northeast Minneapolis, Arts District. The main level features three spacious bedrooms and a fully updated tiled bathroom (laundry hookups in the hallway closet), with bright natural light throughout the open living area that flows into a modern kitchen with custom cabinetry, quartz countertops, and stainless-steel appliances. Upstairs, the two-bedroom

  Mariah Adanene Real Broker, LLC

  1730 5th St NE, Minneapolis, MN 55413
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  /47

  $410,000 Open Sat 12PM - 2PM

  • 5 Beds
  • 2 Baths
  • 2,621 Sq Ft

  2212 E 34th St, Minneapolis, MN 55407

  Great opportunity for investment or multi-generational living at this updated up/down duplex in Corcoran! Main level unit 2 bedrooms, 1 bathroom; upper level unit 3 bedrooms, 1 bathroom. Home features hardwood floors, built-in buffet, double garage, deck, stucco exterior. Updates include solar panels, all new windows upstairs, new window wraps, and split mini AC’s upstairs. On a quiet street near

  Nathan Pentz Keller Williams Classic Rlty NW

  2212 E 34th St, Minneapolis, MN 55407
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  /21

  $200,000

  • 5 Beds
  • 2 Baths
  • 2,184 Sq Ft

  1933 Hillside Ave N, Minneapolis, MN 55411

  *This is a community land trust property* Buyer must income qualify and meet other income requirements. Property must be owner-occupied and resale restrictions apply. A partner lender must be used for mortgage financing. Offer deadline: Monday Dec 8th at 3 pm Check out this beautifully renovated duplex! Both sides are currently vacant. This is a great property for either multi-generational living

  Ann Pasbrig City of Lakes Community Realty

  1933 Hillside Ave N, Minneapolis, MN 55411
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  /30

  $425,000

  • 4 Beds
  • 2 Baths
  • 2,056 Sq Ft

  1250 Norton Ave NE, Minneapolis, MN 55432

  Discover this charming 2-bedroom, 1-bath duplex that blends comfort, convenience, and value. The spacious open-concept living and dining area is filled with natural light, creating a warm and welcoming atmosphere. The functional kitchen offers ample storage and modern appliances, while both bedrooms feature generous closet space. Enjoy a private backyard with deck-ideal for outdoor dining or

  Alyson McCoy eXp Realty

  1250 Norton Ave NE, Minneapolis, MN 55432
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  /40

  $425,000

  • 4 Beds
  • 2 Baths
  • 2,056 Sq Ft

  1240 Norton Ave NE, Minneapolis, MN 55432

  Discover this charming 2-bedroom, 1-bath duplex that blends comfort, convenience, and value. The spacious open-concept living and dining area is filled with natural light, creating a warm and welcoming atmosphere. The functional kitchen offers ample storage and modern appliances, while both bedrooms feature generous closet space. Enjoy a private backyard with deck-ideal for outdoor dining or

  Alyson McCoy eXp Realty

  1240 Norton Ave NE, Minneapolis, MN 55432
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  /26

  $649,900

  • 4 Beds
  • 3 Baths
  • 3,197 Sq Ft

  3237 Lyndale Ave S, Minneapolis, MN 55408

  Beautifully maintained triplex in an ideal Minneapolis location. The lower-level studio is freshly updated. The main-level unit offers 2 beds/1 bath, a sun-filled porch, formal dining, original woodwork, and an updated kitchen. The upper-level unit features 2 beds/1 bath, a bright sunroom, den, new vinyl plank flooring, and a charming dining room with original built-ins. A spacious, unfinished

  Jessica Davis Engel & Volkers Lake Minnetonka

  3237 Lyndale Ave S, Minneapolis, MN 55408
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  /15

  $279,900

  • 6 Beds
  • 2 Baths
  • 2,288 Sq Ft

  1411 Upton Ave N, Minneapolis, MN 55411

  Welcome to this fantastic live in or investment opportunity! Both the upper and lower units featureidentical layouts with 3 bedrooms and a full bath each. The upper unit is vacant, newly remodeled, andmove in ready or easily rentable if preferred!

  Yana Lin LPT Realty, LLC

  1411 Upton Ave N, Minneapolis, MN 55411
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  /13

  $649,900

  • 8 Beds
  • 4 Baths
  • 3,654 Sq Ft

  8113 Bass Lake Rd, Minneapolis, MN 55428

  Wonderful New Hope 4-Plex in a Prime Location! Fantastic investment opportunity at 8113 Bass Lake Road, perfectly situated near US Highway 169 and within walking distance to a local convenience store. This well-kept 4-unit building offers excellent accessibility to shopping, churches, parks, lakes, golf courses, and major commuter routes. This property has been completely renovated and features

  David Bichanga RE/MAX Results

  8113 Bass Lake Rd, Minneapolis, MN 55428
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  /26

  $325,000

  • 2 Beds
  • 2 Baths
  • 1,842 Sq Ft

  2821 E 26th St, Minneapolis, MN 55406

  This sweet 2 unit duplex is ready for you. Fantastic location! Walk to the Seward neighborhood co-op or bike by the Mississippi River. Close to the U of MN, with an endless supply of renters for you to choose from. Priced for you to swoop right in -- and add the lower level kitchen and bathroom. Upper unit renovations were completed in 2023, Both units have lots of natural light, a charming

  Jennifer Bush Keller Williams Realty Integrity Lakes

  2821 E 26th St, Minneapolis, MN 55406
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  /20

  $349,500

  • 6 Beds
  • 3 Baths
  • 2,415 Sq Ft

  3551 2nd St NE, Minneapolis, MN 55418

  Turnkey duplex for owner occupant and experienced investors! This property features two 3 bed/1 bath units, which is hard to come by, and in high demand for tenants because of the proximity to downtown and shopping. Recently updated with new flooring throughout. Both units are equipped with in-unit laundry. The basement can be finished for additional square footage added to the first floor unit.

  Chauncee Hollingsworth Pemberton RE

  3551 2nd St NE, Minneapolis, MN 55418
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  /27

  $349,900

  • 4 Beds
  • 2 Baths
  • 2,236 Sq Ft

  1408 Washington St NE, Minneapolis, MN 55413

  Charming up/down duplex in the heart of the Sheridan neighborhood of Northeast. Spacious layout with larger room sizes, in-unit laundry, solid rental history, and quick access to parks, breweries, the river, and the U of M. Each unit features generous living spaces, great natural light, and classic early-1900s character. Conveniently located near downtown and Northeast hotspots. Garage stalls are

  Caleb Carlson Real Broker, LLC

  1408 Washington St NE, Minneapolis, MN 55413
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  /53

  $550,000

  • 6 Beds
  • 4 Baths
  • 3,192 Sq Ft

  1523 3rd St NE, Minneapolis, MN 55413

  Exceptional Opportunity to Build Your Real Estate Investment Portfolio in Ideal Location in the Art's District - NE Minneapolis! Just a few blocks to great restaurants such as Vinai, Oro, Minari, Anchor, Diane's Place, Breweries, Shops, Parks and the Riverwalk! Only 2 blocks away from bus stops! Charming fourplex with varied floor plans offering great indoor and outdoor space! Large deck for

  Julie Trones RE/MAX Results

  1523 3rd St NE, Minneapolis, MN 55413
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  /17

  $199,900

  • 1 Bed
  • 1 Bath
  • 999 Sq Ft

  2219 Pillsbury Ave S Unit 5, Minneapolis, MN 55404

  Bros Mansion.Own your own piece of The Gilded Age within the Bros Mansion. Turn back time as you open the arched wooden door and descend down the carpeted staircase into the living area. From the hand carved tiles on the fireplace surround, to the turn of the century oak wainscoting and pocket doors the charm of a bygone era exists within. Along with the Old-World beauty you will appreciate

  Michael Smith Real Estate Masters, Ltd.

  2219 Pillsbury Ave S Unit 5, Minneapolis, MN 55404
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  /25

  $800,000

  • 12 Beds
  • 4 Baths
  • 4,388 Sq Ft

  2229 5th St NE, Minneapolis, MN 55418

  Fantastic investment opportunity in the heart of Northeast Minneapolis! This well-maintained 4-plex offers timeless character, strong rental potential, and an unbeatable location near restaurants, breweries, shops, and parks. Each unit features comfortable living spaces with classic architectural details, large windows, and great natural light. The property has been thoughtfully cared for, with

  Kerby Skurat RE/MAX Results

  2229 5th St NE, Minneapolis, MN 55418
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  /24

  $395,000

  • 5 Beds
  • 2 Baths
  • 1,995 Sq Ft

  1419 University Ave NE, Minneapolis, MN 55413

  Up and down duplex located in prime NE Minneapolis location. First floor unit offers fresh paint throughout, new carpeted rooms, new stove and exhaust hood in a recently remodeled kitchen, and a newly installed (2025) high efficiency heating system with air conditioner. Second floor unit boasts of newly refinished oak hardwood floors, fresh paint throughout, new windows and a new high efficiency

  Christina Chyerez Bridge Realty, LLC

  1419 University Ave NE, Minneapolis, MN 55413
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  /67

  $575,000

  • 7 Beds
  • 5 Baths
  • 3,252 Sq Ft

  3136 10th Ave S, Minneapolis, MN 55407

  Beautiful 4 unit building directly across the street from Powderhorn Park, perfect for investors looking for a fully occupied space with great renters in South Minneapolis performing at just under a 9% cap rate! This property boasts tons of original charms such as pristine built-ins, exquisite woodwork, and hardwood floors throughout, along with large rooms, high ceilings, exceptional Powderhorn

  Todd Ginsberg RE/MAX Results

  3136 10th Ave S, Minneapolis, MN 55407
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  /39

  $550,000

  • 6 Beds
  • 4 Baths
  • 3,024 Sq Ft

  5711 Xerxes Ave S, Minneapolis, MN 55410

  This clean and updated side-by-side duplex delivers dependable cash flow from day one along with flexible options for future use. Each unit feels bright and comfortable with hardwood floors, practical layouts, and smart updates that add polish. The 5713 unit is move-in ready and feels fresh after its recent updates, including refinished hardwoods and new paint throughout the interior. The 5711

  Daniel Hammerseng-Nelson Edina Realty, Inc.

  5711 Xerxes Ave S, Minneapolis, MN 55410

Showing Results 1 - 40, Page 1 of 4

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 38 days on the market compared to the national average of 53 days. The median sale price for homes in Minneapolis, MN over the last 12 months is $345,000, up 5% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$345,000

Median Single Family Sale Price

$355,000

Median Townhouse Sale Price

$258,700

Median 1 Bedroom Sale Price

$165,000

Average Price Per Sq Ft

$237

Number of Homes for Sale

1,014

Last 12 months Home Sales

5,794

Months of Supply

2.10

Median List Price

$340,000

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

5%