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For Sale:  Minneapolis MLS# 6768967

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Active NEW!
$550,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
2,121 sqft • 0.12 acres
Minneapolis schools
MLS# 6768967
763-576-8286
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    Property Description

    Please allow at least 24 hours notice for showings of rented units. Investor ready and cash-flowing duplex. Welcome to 3929 Clinton Ave, a beautifully maintained South Minneapolis duplex offering a rare combination of long-term stability and short-term rental upside. With gross annual income of $47, 020.16 this property is the ideal turnkey asset for portfolio expansion or house hacking. The main-level unit is rented and occupied, generating consistent monthly income. This unit features its own private entrance, classic hardwood charm, and a sunroom that adds bonus space and character. The second-floor unit operates as an Airbnb, flooded with natural light from multiple skylights, and is also accessed privately. The layout and brightness make it a standout option for short-term guests, with a strong rental history and established hosting setup. Airbnb is being sold FULLY FURNISHED. Whether you're looking to live in one unit and rent the other, or add a income property to your portfolio, 3929 Clinton Ave is a rare Minneapolis find in today's market.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $550,000
    Price per sq ft: $259
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55409
    Neighborhood/Area: Bryant

    Interior

    Finished Area: 2,121 ft2
    Living Area: 2,121 ft2
    Basement Details:
    • Block
    • Full
    • Other
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Size: 484 ft2
    Foundation Size: 1,056 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    • Shared Driveway
    • Storage
    Exterior Material:
    • Brick/Stone
    • Stucco

    Lot & Land

    Acres: 0.12
    Geolocation: 44.931437, -93.271063
    Lot Dimensions: 40 x 132
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,802
    Annual Fuel Expense: $649
    Annual Insurance Expense: $2,823
    Annual Maintenance Expense: None
    Annual Gross Expense: $3,352
    Annual Trash Expense: $385
    Annual Water/Sewer Expense: $1,898

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,598
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,598

    Income

    Annual Gross Income: $47,020

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.