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Duplex with Third Unit Conversion Potential
For Sale
$339,000

2115-2117 Aldrich Avenue N, Minneapolis, MN 55411

Residential Income, Minneapolis, MN

Property Size2,392 SF
Lot Size0.26 Acres
Price / SF$141.72
Days on Market147

Property Features for 2115-2117 Aldrich Avenue N

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Multi-Family
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Basement, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1
Parking features Other, Garage - Detached
Exterior features Stucco
Fencing Chain Link
Subdivision Highland Park Add
Lot features Public Transit (w/in 6 blks), Tree Coverage - Light
High school district Minneapolis
Directions W Broadway to Aldrich Ave N
Standard status Active
APN 1602924140242
Size 2,392 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3603

Utilities

Heating system Forced Air

Building Details

Year built 1917
Roof type Shingle
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Renee Lego
Added: Mar 27 Changed: Aug 19 Last Checked: Aug 20 at 3:06PM
MLS# 7042470

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 two-unit up/down duplex includes two finished units and a third unit that is ready to be finished in the lower level. The lower level is partially roughed in with a kitchen, bathroom, and several egress windows, offering flexibility for a future living space. The property has forced-air heating and stucco exterior features, with a shingle roof and chain-link fencing. Built-ins and natural woodwork are noted in both two-bedroom, one-bath units, and laundry is located in the lower level with plenty of storage.

The home sits on a 0.26-acre city lot and includes a 24 x 24 detached two-car garage. The roof is described as 2024 with working solar panels. The upper unit includes a lofted area that could be transformed into a primary suite, office, or studio.

Built in 1917, this property offers straightforward owner-occupant or investment use, with the duplex layout supporting rental of one unit while living in the other.

Key Highlights

  • Two‑unit up/down duplex plus a third lower‑level unit ready to finish
  • Lower‑level partial roughed‑in kitchen and bathroom with several egress windows
  • 2024 roof with working solar panels

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Locksmith Pet Store & Service Tanning Salon Pet Store

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

980
Businesses Nearby

Demographics for 55411, MN

31,214
Population
10,967
Households
2.8
Avg Household Size
28
Median Age
23%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
7,804
Density / Sq Mi
$53,368
Median Household Income
$35,952
Median Earnings
$1,220
Median Rent
$233,500
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 up/down duplex on a 0.26-acre lot with a detached two-car garage and a lower-level unit ready to be finished.
Where is this duplex located?
The property is located at 2115-2117 Aldrich Avenue N Minneapolis, MN.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Two‑unit up/down duplex plus a third lower‑level unit ready to finish; Lower‑level partial roughed‑in kitchen and bathroom with several egress windows; 2024 roof with working solar panels
More about this property
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