2732 Pillsbury Avenue S Minneapolis, MN $ 585,000
2732 Pillsbury Avenue S
$ 585,000
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2732 Pillsbury Avenue S

Minneapolis, MN, 55408
$ 585,000
Bedrooms5 Baths3.0 Sq 3,058

Monthly Estimate*

$ 4,040

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Multi-Family Home for sale in Minneapolis, MN

for $585,000 with 5 bedrooms and 3 full baths. This 3,058 square foot home was built in 1913 on a lot size of 0.18.

Well-maintained and updated Minneapolis duplex conveniently located within walking distance of three beautiful parks and lakes. The upper-level unit features 4 bedrooms, 2 bathrooms, a kitchen, dining area, and family room. The main-level unit offers 1 bedroom, 1 bathroom, kitchen, dining area, family room, and a porch. The basement provides plenty of storage space for bicycles, seasonal items, and more. A convenient laundry area is also located in the basement. Both front and back doors feature smart locks and keys for added security and convenience. Off-street parking is available for up to 6 vehicles. Both units feature kitchens equipped with a pantry, range, oven, microwave, and refrigerator, along with central heating and cooling. All major, high-cost updates were completed in 2025. The property was recently inspected and is Minneapolis TISH compliant. Truly a convenient location, close to downtown, Target Center and Target Field, the Minneapolis–Saint Paul International Airport, and the University of Minnesota. An excellent opportunity for an owner-occupant looking to live in one unit while generating rental income from the other.

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Multi-Family Active

Price

$ 585,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,029

Style

Duplex Up and Down

Lot Size

0.18

Year Built

1913

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7143359

Features
General
Living Area 3058
Sewer City Sewer/Connected
Heating Forced Air Fireplace(s)
Roof Age Over 8 Years Asphalt
Garage Spaces 2
Construction Materials Frame
Year Built 1913
Tenant Pays Electricity Gas
Topography Level
Levels More Than 2 Stories
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 57200
Accessibility None
County Hennepin
Net Operating Income 38571
Operating Expense 18629
Insurance Expense 4000
New Construction N
Property Type Residential Income
Association Amenities Coin-op Laundry Owned
Contingency None
MaintenanceExpense 0
Subdivision Name J T Blaisdells Rev Add
Directions Follow I-35W N to Minneapolis. Take exit 15A toward 31st St/Lake St. Turn left onto E 31st St. Turn right onto 1st Ave S. Turn left onto E 27th St. Turn left onto Pillsbury Ave.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 11029
Electric Expense 0
Fuel Expense 0
Trash Expense 1800
Water Sewer Expense 1800
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Daylight/Lookout Windows Drain Tiled Full Partially Finished Shared Access Storage Space
Basement (Y/N) Y
Above Grade Finished Area 2638
Laundry Features In Basement Gas Dryer Hookup Laundry Room Sink Washer Hookup
Total Bedrooms 5
Below Grade Finished Area 420
Total Baths 3
Fuel Natural Gas
Garage Dimensions 18x18
Garage Square Feet 324
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Exterior
Fencing None
Parking Features Detached Garage Asphalt Electric Finished Garage Guest Parking Insulated Garage Parking Lot Storage Unassigned Open
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.18
Building Area Total 3058
Lot Dimensions 48x165
Waterfront Y/N N
Foundation Area 1141
Road Frontage Type City Street Curbs Sidewalks Street Lights
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 2732
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* Excluded Features
List By
Gatehouse Properties Ltd

Broker

Helen@GatehousePropertiesLtd.com

Email

Affordability Calculator

$4,960
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,040
Monthly Property Taxes
$919
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.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$585,000 Listed Price

Map


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2732 Pillsbury Avenue S, Minneapolis, MN, 55408 is a Multi-Family Home for sale at $585,000 with 3,058 sqft and a lot size of 0.18. 2732 Pillsbury Avenue S has 5 bedrooms, 3.0 baths, and was built in 1913. The property's zip code is 55408 which is in Minneapolis, MN