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3116 Emerson Avenue N, Minneapolis
$410,900
ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7143580 MLS
Cash flow from day one with a strong positive-leverage spread. 3116 Emerson Ave N is a fully occupied, six-unit mixed-use investment property offering an attractive entry point for the small investor focused on real cash flow—not just future appreciation. Priced at $410,900, the property generates approximately $79,812 in annual scheduled income and $40,083 in-place NOI, producing a 9.75% cap rate. Using the 6.25% financing assumption in the offering memorandum, that represents roughly a 350-basis-point spread between the going-in cap rate and interest rate, creating meaningful positive leverage that is increasingly difficult to find in smaller investment properties. The asset includes four residential apartments and two commercial spaces, providing six separate income streams and diversification beyond a traditional small multifamily property. All six units are currently occupied, while existing rents still provide modest upside: projected market income increases to approximately $84,000 annually, supporting an estimated $45,711 NOI and 11.12% market cap rate. Located on the highly visible corner of Lowry Ave N and Emerson Ave N, the property also benefits from 10 off-street parking stalls serving both residential and commercial tenants. For an investor looking to graduate from duplexes and fourplexes into a larger cash-flowing asset without making the jump to a multi-million-dollar apartment building, this property offers an unusual combination of affordable basis, immediate income, positive leverage, diversified tenancy, and additional rent upside. Buyer Agents to verify all measurements Seller open to seller financing option with QUALIFIED BUYER ONLY!!! Minimum 48 Hr Notices For All Showings! Showings ONLY being approved with Proof of Funds and/or verified approval letter from bank!

3116 Emerson Avenue N, Minneapolis

Listing courtesy of Keller Williams Premier Realty.

2400 Emerson Avenue N, Minneapolis
$355,000
ACTIVE Status ⋅ 6 Beds ⋅ 2 Baths ⋅ 7131771 MLS ⋅ 2,738 SqFt.
This beautifully renovated 6-bedroom 2-bath duplex (3 bed/1 bath each unit) blends modern style, functional living spaces, and room for add-ons on this huge corner lot! Step inside the main level and find a light-filled layout showcasing fresh interior paint throughout, brand-new luxury vinyl plank (LVP) flooring, and contemporary fixtures. The stylishly updated kitchen features brand-new cabinetry paired with sleek quartz countertop, while the fully renovated bathroom boasts brand new, sleek modern tile finishes with a newer bathtub, fixtures and vanity. The upper-level unit mirrors similar finishes throughout. The indoor comfort extends effortlessly outdoors as well. Relax, grill, or entertain on the expansive two-tier deck overlooking a large, fenced corner lot with beautiful landscaping—offering endless space for recreation and privacy. Complete with a dedicated private onsite parking pad and convenient access to transit, parks, schools, and shopping, this turn-key duplex home is clean, stylish, and 100% ready for its new owner! Perfect for investors and those looking for an owner-occupied duplex whether to lower your monthly mortgage or bring in excellent passive income!

2400 Emerson Avenue N, Minneapolis

Listing courtesy of Home Sellers.

2729 N 3rd Street, Minneapolis
$339,900
ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7149147 MLS ⋅ 2,250 SqFt.
Welcome to this spacious corner-lot home where natural light, generous outdoor space, and everyday comfort come together! Offering 3 bedrooms, 3 bathrooms, this home features an abundance of windows-including casement windows throughout-that fill the interior with natural light and create a bright, inviting atmosphere. The oversized, fully fenced yard is truly an extension of the home and offers plenty of room to relax, entertain, and enjoy the outdoors. Start your morning on the front porch, gather around the backyard fire pit, host friends on the deck, or unwind in the tucked-away outdoor nook with its own patio table. With no immediate neighbors in front or along one-side, the corner-lot setting provides an open and spacious feel. Located near parks, schools, the river, major freeways, and downtown Minneapolis, this homme offers plenty of space both inside and out while keeping you close to everything the city has to offer. Come see the possibilities and make this home your own!

2729 N 3rd Street, Minneapolis

Listing courtesy of Bridge Realty, LLC.

2915 N 3rd Street, Minneapolis
$305,000
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7080138 MLS ⋅ 1,776 SqFt.
Exceptional investment opportunity in Minneapolis' growing Hawthorne neighborhood! This well-maintained duplex is ideal for both owner-occupants and investors seeking strong cash flow and long-term appreciation. Major updates completed in 2021-2022 include a new roof, furnace, water heater, walkway, stairs, and retaining wall, providing peace of mind and reduced maintenance costs for years to come. The property is currently generating solid rental income, with Unit 1 rented at $1,250/month and Unit 2 rented at $1,575/month. Located in an area experiencing significant reinvestment and growth, this property is surrounded by new development activity, including a brand-new construction duplex valued at approximately $450,000 being built next door. Additional new construction projects have recently been completed nearby, further enhancing the neighborhood's appeal and future value. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a stable, income-producing asset to your portfolio, this duplex offers a rare combination of cash flow, updates, and upside potential. Don't miss your chance to own in one of North Minneapolis' emerging neighborhoods!

2915 N 3rd Street, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

2505 Dupont Avenue N, Minneapolis
$299,999
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7138459 MLS ⋅ 2,030 SqFt.
Welcome to 2505 Dupont Ave N! This spacious two-story home offers 4 bedrooms, 2 bathrooms, and plenty of room to make your own. The main level features a welcoming living room, separate dining area, spacious kitchen, and convenient half bath. Upstairs you’ll find generously sized bedrooms and a full bathroom, while the finished lower level provides additional flexible living space. Enjoy relaxing on the large front porch or spending time outdoors with plenty of yard space. Additional highlights include central air, maintenance-free siding, and a 2 car garage for convenient parking and storage. Built in 1996, this home offers a newer construction option. Conveniently located with access to nearby parks, schools, shopping, public transportation, and downtown Minneapolis. Come see all that 2505 Dupont Ave N has to offer!

2505 Dupont Avenue N, Minneapolis

Listing courtesy of Fish MLS Realty.

315 25th Avenue N, Minneapolis
$265,000
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7142820 MLS ⋅ 1,691 SqFt.
Whether you're looking to add to your investment portfolio or explore the possibilities of owner-occupied multifamily living, this up/down duplex offers an excellent opportunity. Currently fully occupied with tenants, making this an attractive option for investors looking for an income-producing property. Appropriate notice and applicable lease terms should be considered if future owner occupancy is desired. Featuring 4 total bedrooms and 2 bathrooms, the property consists of two units with functional layouts and separate utilities. The home offers approximately 1,700 finished square feet, plus a full lower level with a separate entrance providing additional space and possibilities. Outside, you'll appreciate the convenient off-street parking and city location with easy access to major roadways, shopping, dining, downtown Minneapolis, and neighborhood amenities.

315 25th Avenue N, Minneapolis

Listing courtesy of LPT Realty, LLC.

2102 Lyndale Avenue N, Minneapolis
$250,000
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7154704 MLS ⋅ 1,353 SqFt.
COMPLETE REMODEL ON THIS VINTAGE HAWTHORNE HOME! Top-to-bottom renovation including brand new plumbing, siding, roof and complete interior remodel. New flooring, new paint, new kitchen, new bathrooms, new furnace & AC. EVERYTHING IS NEW! This home provides a great layout. Front & back porches. Nice sized kitchen paired with a dining room and spacious living room. Main floor bedroom and a remodeled 3/4 bathroom. Upstairs you'll find 3 bedrooms paired with a full bathroom. The basement is clean and open and provides great storage. The corner lot includes a horseshoe shaped driveway for extra off-street parking and there is an over-sized 2+ car detached garage. Move-in-ready home close to amenities and just minutes from Downtown & the NE Arts District. Schedule your tour now!

2102 Lyndale Avenue N, Minneapolis

Listing courtesy of eXp Realty.

618 29th Avenue N, Minneapolis
$229,999
ACTIVE Status ⋅ 5 Beds ⋅ 2 Baths ⋅ 7118219 MLS ⋅ 2,458 SqFt.
Spacious, updated 5-bedroom, 2-bath home offering flexible living space and a great opportunity for first time buyers! The main level features an open-concept living, dining, and kitchen area with new cabinetry and stainless-steel appliances, plus 4 bedrooms and a full bath. A separate entrance provides dedicated office/flex space, ideal for working from home with customers. The finished lower level includes a 5th bedroom, full bath, family room, laundry, bonus room, large utility room, and additional storage. Recent updates include plumbing, electrical, flooring, and appliances. Conveniently located across from the community center, bus line, and park. Property is tenant-occupied and sold AS-IS. Buyers should anticipate cosmetic updates, including lower-level carpet, fresh paint, and minor repairs—an opportunity to add value and personalize the home while benefiting from its major updates and generous space.

618 29th Avenue N, Minneapolis

Listing courtesy of Wonderland Realty LLC.

2911 N 4th Street, Minneapolis
$165,000
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7139499 MLS ⋅ 1,383 SqFt.
Welcome to this newly constructed 3-bedroom, 2-bath home offering a thoughtfully designed living space. The efficient two-story floor plan includes a main-floor bedroom, bathroom, and laundry, providing convenient single-level living options, with two other spacious bedrooms and a full bath upstairs. A detached one-car garage and private yard space add functionality and outdoor enjoyment. This house shares a property site with another similar newly constructed house (2913 4th St. N) creating a wonderful opportunity for multi-generational living. Built with exceptional energy efficiency in mind, this home is certified as a Net Zero Ready Home, Energy Star® v3.3 certified, Indoor airPLUS certified, and meets Minnesota Green Communities standards. Features include an air-source heat pump for heating and cooling, high-efficiency heat pump water heater, ERV whole-house ventilation system, Energy Star appliances, high-performance windows, low-flow WaterSense fixtures, and solar-ready infrastructure. The home's impressive HERS rating is projected to provide significant annual energy savings. This is a community land trust property. Buyers must meet income and other program requirements. Resale restrictions apply.

2911 N 4th Street, Minneapolis

Listing courtesy of City of Lakes Community Realty.

2913 N 4th Street, Minneapolis
$165,000
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7139156 MLS ⋅ 1,383 SqFt.
Welcome to this newly constructed 3-bedroom, 2-bath home offering a thoughtfully designed living space. The efficient two-story floor plan includes a main-floor bedroom, bathroom, and laundry, providing convenient single-level living options, with two other spacious bedrooms and a full bath upstairs. A detached one-car garage and private yard space add functionality and outdoor enjoyment. Handicap accessibility from garage to rear of property is available. This house shares a property site location with another similar newly constructed house (2911 N 4th St.) creating a wonderful opportunity for multi-generational living. Built with exceptional energy efficiency in mind, this home is certified as a Net Zero Ready Home, Energy Star® v3.3 certified, Indoor airPLUS certified, and meets Minnesota Green Communities standards. Features include an air-source heat pump for heating and cooling, high-efficiency heat pump water heater, ERV whole-house ventilation system, Energy Star appliances, high-performance windows, low-flow WaterSense fixtures, and solar-ready infrastructure. The home's impressive HERS rating is projected to provide significant annual energy savings. This is a community land trust property. Buyers must meet income limits and other program requirements. Resale restrictions apply.

2913 N 4th Street, Minneapolis

Listing courtesy of City of Lakes Community Realty.

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