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Duplex Requiring Extensive Renovation
New
For Sale
$159,900

3251 Minnehaha Avenue, Minneapolis, MN 55406

Residential Income, Minneapolis, MN

Property Size1,533 SF
Lot Size0.09 Acres
Price / SF$104.31
Days on Market2

Property Features for 3251 Minnehaha Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Multi-Family
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 3, Basement, Bathroom 1, Bedroom 1
Exterior features Metal
Subdivision Rollins 2nd Add
High school district Minneapolis
Directions From 55 - Head East on E 32nd St, Right on Minnehaha, Home is on the left.
Standard status Active
APN 0102824140069
Size 1,533 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4868

Utilities

Heating system Oil

Building Details

Year built 1905
Listing Agency: Keller Williams Integrity Realty · Keller Williams Realty
Listed By: Randi Mcdonald
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 22 at 6:06PM
MLS# 7131441

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains 1,533 square feet on a 0.09-acre lot and includes three bedrooms, two bathrooms, and a basement. Constructed in 1905, the property has metal exterior features and oil heating. The building requires a substantial remodel and is offered in its current condition.

Located at 3251 Minnehaha Avenue in Minneapolis, the sale includes buyer responsibility for TISH repairs. The property is identified for residential income use and presents a two-unit configuration with existing room and basement areas.

Key Highlights

  • Duplex with 1,533 square feet of building area
  • Three bedrooms, two bathrooms, and a basement
  • 0.09‑acre lot at 3251 Minnehaha Avenue

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Accounting Firm HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,150
Businesses Nearby

Demographics for 55406, MN

34,588
Population
17,439
Households
2
Avg Household Size
39
Median Age
56%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
6,918
Density / Sq Mi
$91,865
Median Household Income
$56,291
Median Earnings
$1,276
Median Rent
$335,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with a basement, three bedrooms, and two bathrooms.
Where is this duplex located?
The property is located at 3251 Minnehaha Avenue Minneapolis, MN.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Duplex with 1,533 square feet of building area; Three bedrooms, two bathrooms, and a basement; 0.09‑acre lot at 3251 Minnehaha Avenue
More about this property
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