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Renovated Side-by-Side Duplex
For Sale
$390,000

2616 39th Avenue S, Minneapolis, MN 55406

Two one-bedroom units feature separate entrances and private basement laundry areas.

Property SizeContact for details
Days on Market101

Property Features for 2616 39th Avenue S

General Information

Standard status Active
Property subtype Duplex
Occupancy 100%

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Additional Details

Gross Income $36,480

Amenities

Forced Air
Age Over 8 Years, Asphalt

Building Details

Year Built 1957
Buildings 1
Tenancy Multi
Listing Agency: Pinnacle Real Estate Group LLC
Listed By: Karen Murray · License #MN
Source: Kw
Added: May 11 Changed: Aug 19 Last Checked: Aug 19 at 2:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Group LLC

Investment Insights

Based on property information with market context.

This side-by-side duplex contains two one-bedroom, one-bath units, each measuring 750 square feet. Separate entrances and private basements with laundry provide functional separation between the residences. Interior improvements completed in Q4 2025 include refreshed kitchens, lighting, flooring, counters, backsplashes, finishes, and newer gas appliances. Hardwood floors and forced-air heating are also present. The property was built in 1957 and is fully leased on month-to-month terms.

Located at 2616 39th Avenue S in Minneapolis, the duplex sits on a quiet dead-end street near West River Road. Alley access, off-street parking, and street parking support day-to-day use. The property is also near West River Parkway, Mississippi River trails, parks, transit, shopping, and restaurants. Mature trees and surrounding historic homes contribute to the established residential setting.

Key Highlights

  • Two 1 bed/1 bath units, each 750 sq ft
  • Side‑by‑side layout with separate entrances and private basement laundry
  • Interior improvements completed in Q4 2025

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Hair Salon Law Firm Pharmacy Real Estate Agency HVAC Service

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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

699
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom units feature separate entrances and private basement laundry areas.
Where is this duplex located?
The property is located at 2616 39th Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two 1 bed/1 bath units, each 750 sq ft; Side‑by‑side layout with separate entrances and private basement laundry; Interior improvements completed in Q4 2025
More about this property
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