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Renovated Duplex with Separate Utilities
For Sale
$425,000

3129 Clinton Ave, Minneapolis, MN 55408

Two updated units offer private utilities, modern appliances, basement laundry, and flexible occupancy options.

Property Size3,058 SF
Price / SF$138.98
Days on Market13

Property Features for 3129 Clinton Ave

General Information

Standard status Active
Size 3,058 SF
Property subtype Residential Income
Occupancy 100%

Units

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

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,960

Amenities

fenced backyard
parking pad
washer and dryer
basement storage

Building Details

Tenancy Multi
Listing Agency: Compass
Listed By: Danella Thompson
Source: Exprealty
Added: Aug 5 Changed: Aug 15 Last Checked: Aug 16 at 11:45AM

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 Compass

Investment Insights

Based on property information with market context.

This renovated duplex at 3129 Clinton Ave includes two 2-bedroom, 1-bathroom units within 3,058 square feet. Both residences have refreshed kitchens and bathrooms, updated cabinetry, appliances, and windows. Separate utilities support independent operation, while each unit has its own furnace, with both furnaces replaced in 2020.

The clean, dry basement provides storage along with a new washer and dryer set for each unit. Exterior improvements include a new roof, new siding, a fully fenced backyard, and a large rear parking pad. The property has a clean TISH report with a COA and an energy disclosure report. The lower unit is leased to long-term tenants, and the upper unit is leased month-to-month, providing the option for continued rental use or owner occupancy.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom units totaling 3,058 square feet
  • Separate utilities and individual furnaces; both furnaces replaced in 2020
  • Updated kitchens, bathrooms, cabinetry, appliances, and windows

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith HVAC Service Wine and Liquor Store Home Appliance 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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

916
Businesses Nearby

Demographics for 55408, MN

33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
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 updated units offer private utilities, modern appliances, basement laundry, and flexible occupancy options.
Where is this duplex located?
The property is located at 3129 Clinton Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units totaling 3,058 square feet; Separate utilities and individual furnaces; both furnaces replaced in 2020; Updated kitchens, bathrooms, cabinetry, appliances, and windows
More about this property
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