4230 39th Avenue S
Minneapolis, MN, 55406 $ 449,000
Bedrooms4 Baths3.0 Sq 2,484 Monthly Estimate*
$ 3,101
for $449,000 with 4 bedrooms and 3 full baths. This 2,484 square foot home was built in 1925 on a lot size of 0.15.
Charming Minneapolis Duplex – Turn-Key Investment or House-Hack Opportunity Live on-site or add a solid investment property to your portfolio — this versatile 2-unit duplex is move-in ready for its next owner! Recent updates include a new roof, siding, gutters, and a furnace with a new heat exchanger, giving you real peace of mind from day one. The spacious main-floor unit offers abundant living space, including a large kitchen, 3 bedrooms, 2 bathrooms, in-unit laundry, and a finished, livable lower level. The egress-equipped lower level adds flexibility for a family room, additional bedroom, home office, or hobby space, plus generous storage throughout. The second-floor unit features 1 bedroom, 1 bathroom, a private exterior entrance, and a huge walk-in closet/storage area — a comfortable, private layout tenants will love. Outside, the 2.5-car garage includes a fantastic shop space with 220-amp service, an app-controlled garage door opener, and additional off-street parking in the driveway. Tucked into a quiet, tree-lined neighborhood just 5 minutes from Minnehaha Falls, the location offers easy access to parks, recreation, and everything the surrounding area has to offer. Whether you're looking to owner-occupy, house-hack, or expand your rental portfolio, this duplex delivers flexibility and long-term potential.
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FeaturesGeneralLiving Area 2484
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less
Garage Spaces 2.5
Year Built 1925
Electric Circuit Breakers
Levels One and One Half
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 0
Accessibility None
County Hennepin
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name Minnehaha Terrace
Directions Hiawatha to East on 43rd St E North on 39th Ave S to home.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 7464
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Pending
Lender Owned No
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InteriorBasement Block Egress Window(s) Finished Full
Basement (Y/N) Y
Above Grade Finished Area 1776
Laundry Features In Kitchen
Total Bedrooms 4
Below Grade Finished Area 708
Total Baths 3
Foundation Dimensions 24x44.5
Fuel Natural Gas
Garage Dimensions 21.5x26
Garage Door Width 7
Garage Square Feet 559
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ExteriorFencing None
Parking Features Detached Garage Asphalt
Water Source City Water/Connected
Lot Size Area 0.15
Building Area Total 2567
Lot Dimensions 174x40x159x42
Waterfront Y/N N
Foundation Area 1068
Road Frontage Type City Street
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
tpswanson@cbburnet.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,101
- Monthly Property Taxes
- $622
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Minneapolis, MN
Average List Price $481,981
Percent of Sale Price 7%
About Minneapolis, MN 417,625 Population
9% Since 2002
$ 56,777 Median Income
35.08 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/4/2026 | $449,000 | | Listed Price |