Here are some Duplex investment options for you. Interested in a property? Fill out this inquiry so that we can get moving on it for you!
List Price: $424,900
Potential Cashflow: $808/mo
Potential Cash On Cash: 8.24
Additional Information:
*Opportunity knocks!* Super solid - low maintenance -up/down duplex! This wonderful property is in a premier location. Some of the best schools in the city of Minneapolis, are close to parks, public transportation, highways, and shopping. Each unit is 3bed/1 bath - has freshly refinished HW floors, updated kitchens, and tons of charm. Low maintenance exterior - new roof and gutters in 2021. Utilities metered separately, newer furnaces. Coin-op laundry in basement. The lower unit is month-to-month w/60 day notice. Upper unit leased until 9/30/22.
List Price: $170,000
Potential Cashflow: $238/mo
Potential Cash On Cash: 6.05
Additional Information:
This wonderful duplex is located near the Winona State and St. Mary's University in the lovely city of Winona. One unit is 2 bed 1 bath and the other is 1 bed 1 bath. Rental license through 2027. Well taken care of with beautiful hardwood floors and nice kitchens. Good cash flow and cash on cash.
List Price: $250,000
Potential Cashflow: $588/mo
Potential Cash On Cash: 10.18
Additional Information:
Recently renovated duplex with 2 BR in one unit and 3 BR in the other. Projected $2,600 in rents on a $245,000 offer price. Updated paint (interior and exterior), flooring, vanities and more.
Because it was recently renovated it is in turnkey condition, yet does not have current tenants, so great opportunity to get your tenants in at current market rates. Tenant placement is slowest in the winter, so we're just past that now and the market for tenants is stronger.
Property is located in Jordan neighborhood of Minneapolis, which has experienced appreciation averaging 11.3% per year for the past 3 years. Tenants would enjoy close proximity to downtown Minneapolis, and only 8 blocks away is Minneapolis' largest park - Theodore Wirth, which has a golf course, lots of walking & biking trails. Also near Broadway Ave which has lots for restaurants and shops.
List Price: $240,000
Potential Cashflow: $517/mo
Potential Cash On Cash: 10.33
Additional Information:
Wonderful 4 BR, 2 BA duplex located in Minneapolis, MN with projected 10.33% Cash on Cash and $517/mo in cashflow ($258/door). Meets the 1% rule with $225,000 list price on $2,300/mo in rents.
Luxury vinyl flooring and claw foot tubs blend classic features with current updates. Updated windows and James Hardy siding. Coin operated laundry to increase your cashflow (income from laundry not included in calculations)
Located in the Harrison neighborhood of Minneapolis, you're located just NW of downtown, which has tons of dining, shopping, & entertainment opportunities. This neighborhood has seen an average appreciation of 8.3% per year over the past 3 years. 4 blocks away from Theodore Wirth Park, Minneapolis' LARGEST park, with includes disc golf, a golf course, and lots of trails for walking, biking, and cross country skiing in the winter.
List Price: $300,000
Potential Cashflow: $710/mo
Potential Cash On Cash: 10.63
Additional Information:
Big, beautifully kept 2,800+ sq ft, 6 BR, 2 BA duplex in Minneapolis. 10+ COC. 4 BR in one unit (spanning 2nd and 3rd levels) and 2 BR on other unit (main floor). This home has had LOTS of updates including:
New roof and skylights (scheduled March 2022)
New Boilers 2020.
Majority new triple pane windows (within 4 yrs)
Electric water heater 2015.
Gas water heater 2017
Exterior Paint 2015.
All new landscaping (maintenance free - mulch on front and sides and
newly seeded bck.)
Cement apron around house
Leaf gutter gards 2021
Bathroom remodel upper level - 2017
Lower level kitchen - 2018
New Lower level fridge 2021
Garage Roof - October 2020
Garage Door - October 2020
Porch Storm Windows - June 2019
Front Porch Door - October 2021
Black Chain Link Fence - September 2018
Bathroom remodel upper level - 2017
Lower Kitchen Remodel 2018
New Lower Level Fridge - 2021
This property is currently owner occupied, so you would be looking to fill with new tenants. Located in the "Near-North" neighborhood of Minneapolis. North High School is a couple of blocks away. Their football field is located across the street from this property. North Commons Park (park with athletic fields & courts, a playground, picnic space & seasonal water park) is located 2 blocks west. Restaurants and shops located a couple of blocks north on Broadway Ave.
List Price: $299,900
Potential Cashflow: $1,009/mo
Potential Cash On Cash: 14.08
Additional Information:
Incredibly rare opportunity to get a 3800 square foot duplex with 10 Bedrooms, 4 bathrooms and 2 garages! Many of our investors get super excited when a unit has 3 bedrooms per unit, not to mention 5 with garage included! This property was also built in 1969 vs many other multi-family properties built in the early 1900's.
This property is already cashflowing with 2 long-term tenants on month-to-month leases paying $1700 & $1650 respectively. Rents could realistically go for $1800/mo+. CO inspection was just completed. Bathroom on the 1428 side was renovated. Tenants pay for their own electric, water and heating. Seller prefers to sell as is.
Located in the Payne-Phalen neighborhood of St. Paul, you're just a few blocks away from 35E which takes you straight to downtown St. Paul, so very convenient access anywhere you'd like to go. Lake Phalen is a hot spot for residents to go swimming, kayaking/canoeing, with great trails for walking and running. Lots of local shops and restaurants as well!
List Price: $223,900
Potential Cashflow: $692/mo
Potential Cash On Cash: 12.43
Additional Information:
12.43 Cash on Cash and $692/mo projected cashflow on this 5 bedroom, 2 bathroom, 2,786 sq ft duplex located in Faribault, a mid-sized city just outside of the Twin Cities metro area.
Current tenants are upstairs and moving to the downstairs unit. Their lease expires 3/30/23. The upstairs unit is $1,250/mo. and has 2 bedrooms, 1 full bath, downstairs is $1,335/mo. and has 3 bedrooms and 1 full bathroom. The owner is currently looking for an upstairs tenant but has not selected anyone so that the buyer has the choice to either select their own tenant or have both units occupied. The owner pays for garbage, water, and a small fraction of the gas and electricity.
If the one unit stays vacant until closing, calculations include a $5,000 budget to turn carpet into vinyl plank flooring so that you won't have to do that later on down the road.
Located about 20 miles outside of the outer-ring suburbs of the Minneapolis St. Paul metropolitan area, Faribault is a city of about 25,000 residents. It comes with easy access to the "big city" if desired, yet still has a smaller town feel - the best or both worlds! This property is centrally located and walkable to Walgreens, Fareway Grocery, Holiday Gas, and 6 restaurants. This property also has AirBnB potential down the road.
List Price: $259,900
Potential Cashflow: $694/mo
Potential Cash On Cash: 11.55
Additional Information:
11+ Cash on Cash potential with this 4 BR, 2 BA duplex located in St. Paul. The property has been recently remodeled. Updates include a brand new boiler, new carpet, new flooring, fresh paint, all new doors, updated electrical and plumbing fixtures, and many more. The upstairs unit is rented, down stairs unit is vacant.
Located in the Payne-Phalen neighborhood in St Paul right across the street from the school, near many stores and restaurants. Lake Phalen provides many great recreation options, such as fishing, kayaking/canoeing, walking/biking paths, and is a popular St. Paul destination. Located minutes from downtown St. Paul. Easy access to interstates 35E and 94 to get wherever you need to go. Also, just a few blocks from Vertical Endeavors - a popular indoor climbing facility (and one of the largest in the nation)
List Price: $234,900
Potential Cashflow: $707/mo
Potential Cash On Cash: 13.02
Additional Information:
4 bedrooms, 2 bathrooms with 1600+ square feet.
Beautiful "Old School Charm" with hardwood floors and original woodwork that hold up very well over time and require minimal maintenance. A beautiful stained glass window in the living room, French Doors in the entryway, crystal doorknobs, and a sun-filled front porch.
Separate gas/electric meters. Possibilities for finishing the basement as framing in place & roughed-in for a bathroom. Has an egress window. See photo listing all of the extensive upgrades/updates recently done including complete reno of the main level kitchen & both baths! Secure parking tucked away in the back of home for up to 3+ cars. Landscaped yard.
Per the City of St Paul, a 2 Car Garage Can be built in the back of the Home! Owners have potential renters considering renting both units on Feb. 1st. Leases will be month to month. Handy lift Chair Lift for the upper-level unit was installed in May 2021 & stays with the unit. Not a totally handicapped-accessible unit but this possibly opens up the door for additional renters and visitors/family. There is an easement in place for the Shared driveway
List Price: $330,000
Potential Cashflow: $818/mo
Potential Cash On Cash: 10.72
Additional Information:
Don't miss out! This duplex has A LOT of what we typically get for requests on an investor's wish list:
10+ cash on cash
In the suburbs (A/B neighborhood)
3 Bedrooms in each unit
Built after 1960
ZERO owners paid utilities
Value add (basement storage area to add another BR or living space)
Side-by-side duplex (typically preferred over up/down)
Both units have been nicely updated over the years with new flooring, carpet, fresh paint, newer windows, & new siding. Each unit has an attached garage, in-unit laundry, and a large storage area in the basement that could be finished off to add another bathroom and or living space. Both units are currently rented at market rates. Unit 916 is on Month to Month.
This great side-by-side duplex has two 3 bedroom units. It is conveniently located close to downtown Anoka and Anoka High School. It has easy access to Hwy 10, Hwy 169, & Bunker Lake Blvd. Riverdale Mall is close by with great shopping & restaurants.
List Price: $180,000
Potential Cashflow: $462/mo
Potential Cash On Cash: 11.1
Additional Information:
This 4 BR, 2 BA 1,850 sq ft duplex is located in the Payne Phalen neighborhood of St. Paul.
Upper Unit Long-Term Tenant with Section 8 and rented through August 2022. Lower unit rented through March 2022. Tenants pay their own gas and electric bills. The owner pays only for water and trash. Laundry was recently added in the basement for tenant use. Fenced-in yard with a parking spot. Close to Payne Ave shops, restaurants, and bars and minutes from downtown St. Paul. Great investment opportunity on the East side of St. Paul!
List Price: $450,000
Potential Cashflow: $756/mo
Potential Cash On Cash: 7.27
Additional Information:
Save your CapEx Budget - super rare opportunity to own a beautiful 7 BR, 3,000+ sq ft duplex that just had $300,000 of updates for an asking price of $450,000! There is potential value add opportunity to add an additional bedroom to make it an 8 BR down the road.
4 BR unit has been completely updated. All electrical in both units has been updated, no knob and tube remains. Unit 2 is currently rented until 5/31 ($1,800/mo) - option for earlier move out.
This home is filled with so much character and natural light. Gorgeous new flooring, lighting, electrical, appliances, cabinetry, built in storage, windows, fresh paint and more. The lower level is finished adding a 4th bedroom and 2nd bathroom. Unit 2 offers lots of updates, new electrical, newer kitchen, newer kitchen flooring, built in hutches and storage, fresh paint, updated upper-level bathroom, additional updated bath in lower level.
Located in the Lexington/Hamline Neighborhood of St Paul. Located next to Concordia college and conveniently close to Hamline university, the University of Minnesota, University of St. Thomas, Mitchell Hamline School of Law. Upscale shopping & restaurants on Grand Avenue, and easy access to Hamline Light Rail and Hwy 94 to take you to downtown St. Paul or over to Minneapolis.
List Price: $300,000
Potential Cashflow: $765/mo
Potential Cash On Cash: 11.03
Additional Information:
Fully rented out for over $3600/month. Up down duplex with 6 beds and 2 baths. Located just off of Oliver in the Folwell district, this property is close to downtown for an easy commute.
This area is seeing a lot of investor activity making it a great opportunity for projected appreciation.
List Price: $349,900
Potential Cashflow: $784/mo
Potential Cash On Cash: 9.71
Additional Information:
Up/down turnkey duplex with 1 tenant in place until Aug 2022. Upper unit was previously rented for $2000/month and is now vacant. Excess income via coin in laundry for both units.
Located just off of Hiawatha ave, this property is in a convenient location for commuting to and from work.
List Price: $415,000
Potential Cashflow: $847/mo
Potential Cash On Cash: 8.82
Additional Information:
Located in the Beltrami district, this property's location is very convenient. It is a quick drive to downtown for work and is also close to the area's best shopping, restaurants, and entertainment.
1 unit is currently vacant and 1 unit is leased at $1870/month. Both units look very similar in finishes etc.
List Price: $250,000
Potential Cashflow: $661/mo
Potential Cash On Cash: 11.43
Additional Information:
Beautifully renovated, this duplex is ready for tenant placement. 2 2bedroom 1 bathroom units make this perfect for young professionals or a small family just starting out. Located in the Dayton's Bluff district, this location is perfect for someone working downtown as it would only be about a 5 min. drive.
Disclaimers: Any claims of cashflow and potential returns are examples only. We are making no claims of actual incomes or returns. You are responsible for doing your own research and due diligence and should consult with an attorney and accountant as part of that process.
The real estate market is fluid and ever changing. Some of the properties posted on here may no longer be available, so reach out to our team right away to confirm if a property you are interested in is still available. Many of these properties are on the Multiple Listing Service and photo credit goes to the listing agent providing the listing. These photos are not our own.
List Price: $299,900
Potential Cashflow: $690/mo
Potential Cash On Cash: 9.95
Additional Information:
Investors LOVE multi-family with 3+ bedrooms per unit, and this St. Paul Duplex has it! This 6 bedroom, 4 bathroom duplex has over 3,500 sq ft of finished space.
Side by side duplex with beautiful brick exterior. Natural woodwork, a built-in bookcase, and a buffet that adds a classic feel and holds up really well over time! Both units have their own heating boiler, hot water tank, and electrical box. Each unit has its own laundry. Shared driveway and porch.
One Unit is empty, the other is occupied- month to month lease.
Located in the Payne-Phalen neighborhood, tenants will love the proximity to Lake Phalen, a popular spot for swimming, canoeing/kayaking, running/biking, etc. Convenient location close to downtown St. Paul, as well as other local restaurants, shops, and grocery stores.
List Price: $295,000
Potential Cashflow: $530/mo
Potential Cash On Cash: 9.45
Additional Information:
Located blocks away from North Memorial Health Hospital, this property is perfectly set up to be a short-term rental option. This up-and-coming neighborhood has plenty to offer with numerous development projects currently in the works.
An easy commute to and from work along with local shops, restaurants, and entertainment make this a great place to live for a growing family or young professional. 2940 Vincent has plenty of value add with the potential to add more square footage, bedroom, and bathroom in the lower level.
List Price: $274,900
Potential Cashflow: $677/mo
Potential Cash On Cash: 10.66
Additional Information:
St. Paul up/down duplex with 3 BR & 2 BR units with 2225 square feet. Value add an opportunity to finish off the basement (see photos).
The property has been recently updated and in great condition. 3 bedrooms on the main level and 2 beds up. Open floor plan with great flow & natural light. 2-car parking pad in back & potential space for future garage. Maintenance-free vinyl siding. Very well maintained property. The upper unit features a separate upper-level deck. St. Paul Truth in Housing disclosure report has 0 hazardous issues with the property.
As part of Dayton's Bluff neighborhood, properties have appreciated on average 7.2% per year over the past 3 years. Located just NE of downtown St. Paul, tenants will enjoy proximity to downtown and all of the food, entertainment, and opportunity it provides. Easy access to 35E and 94 all of them to get wherever they need to go.
List Price: $185,500
Potential Cashflow: $403/mo
Potential Cash On Cash: 9.42
Additional Information:
Located just east of Hwy 61 in the Payne - Phalen district, this duplex has a very great location for your local commute into work.
Fully leased out currently, this property brings in $1800 per month in monthly rental income. Price was just reduced from $199,000 down to $185,000.
Why invest in Minnesota? As a whole, Minnesota continues to have low unemployment rates, with the 14th lowest rate in the United States. Currently, they are at a rate of 4.3%, which is 31% lower than the national average. Minnesota also boasts the 11th highest median household income in the US, and 19% higher than the national average. The area also boasts 16 of Fortune 500's largest companies, including 5 in the top 100. They also currently have the 6th lowest rental vacancy rate in the United States at 3.3%
List Price: $349,900
Potential Cashflow: $775/mo
Potential Cash On Cash: 9.58
Additional Information:
Great location, right across the river from downtown! Side by side duplex, both units - 3 bed 1 bath. With the POTENTIAL TO ADD additional bedrooms, bathrooms, and square footage.. Tons of natural woodwork, separate utilities, and long term tenants. Close to many great restaurants, coffee, and shops. Great opportunity to own a duplex in a great area!