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2641 Pillsbury Avenue S, Minneapolis, MN 55408

New Listing

$299,900

Property Type: Multi-Family Bedrooms: 2 Baths: 2 Square Footage: 1,713 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $299,900 List Date: 7/24/2026 Last Modified: 7/25/2026

Overview

Description

Fantastic owner-occupant or investment opportunity in Minneapolis' highly desirable Whittier neighborhood! This well-located duplex features two separate 1 bedroom, 1 bathroom units, offering flexibility for a buyer looking to live in one unit while generating rental income from the other, or an investor seeking a solid addition to their portfolio. The upper unit is currently rented for $900/month and the lower unit is currently rented for $1,100/month. Each unit has its own dedicated garage stall in the detached 2-car garage, providing valuable off-street parking and added convenience. Additional highlights include a 2021 water heater serving one unit and a functional layout with separate living spaces. Located near Uptown restaurants, shopping, parks, public transportation, and downtown Minneapolis, this property offers the perfect combination of location, income potential, and long-term upside. Whether you're looking to start building your real estate portfolio or offset your housin ... (Read more)

Listing Details MLS# 7114434

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1897
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 778
Above Ground SqFt: 1427
Below Grd Total SqFt: 286
Total SqFt: 1713
Foundation Size: 1128
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1427.00
Garage Stalls: 2
Lot Dimensions: 30x165
Acres: 0.11
Assessment Pending: No

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Concrete Block; Storage Space Construction Status: Previously Owned Exterior: Stucco Fencing: Full Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air; Hot Water Laundry: In Unit; Main Level; Upper Level Lock Box Type: Combo Owner Pays: Exterior Maintenance; Insurance; Maintenance/Repair; Repairs; Roof Maintenance; Taxes; Trash Collection; Water Pool Description: None Rental License Type: Standard Roof: Age Over 8 Years Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Fuel; Grounds Care; Lawn Unit 1 Amenities: Open Floor Plan; Ceiling Fan(s); Hardwood Floors; Kitchen Window Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Family Room Characteristics: Family Room; Main Level Unit 1 Special Search: Main Floor Laundry Unit 2 Amenities: Ceiling Fan(s) Unit 2 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Dining Room Description: Living/Dining Room Unit 2 Family Room Characteristics: Family Room Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 299900
ListPrice: 299900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2641
Street Name: Pillsbury
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: J T Blaisdells Rev Add

Assessments

Tax With Assessments: 6098
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1427

More Information

Income and Expenses

Annual Electric Expense: 1200
Annual Fuel Expense: 2400
Annual Gross Expenses: 5000
Annual Gross Income: 24000
Annual Insurance Expense: 2000
Annual Maintenance Expense: 2500
Annual Repair Expense: 2500
Annual Trash Expense: 990
Annual Water/Sewer Expense: 990
Total Annual Expenses: 8980
Annual Caretaker Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 484

Public Survey Info

Range#: 24
Section#: 34
Township#: 29

Unit 1

Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 13200
Finished SqFt: 778
Full Baths: Yes
Monthly Expense: 374
Monthly Rent: 1100
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 5

Unit 2

Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 10800
Finished SqFt: 649
Full Baths: Yes
Monthly Expense: 374
Monthly Rent: 900
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 6

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: BLOCK 014 J T BLAISDELLS REVISED ADDN TO MPLS N 14 9/10 FT OF LOT 16 AND THE S 14 9/10 FT OF LOT 17
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1391
Property ID Number: 3402924310017
Tax Year: 2026
Tax Amount: 6098
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Fantastic owner-occupant or investment opportunity in Minneapolis' highly desirable Whittier neighborhood! This well-located duplex features two separate 1 bedroom, 1 bathroom units, offering flexibility for a buyer looking to live in one unit while generating rental income from the other, or an investor seeking a solid addition to their portfolio. The upper unit is currently rented for $900/month and the lower unit is currently rented for $1,100/month. Each unit has its own dedicated garage stall in the detached 2-car garage, providing valuable off-street parking and added convenience. Additional highlights include a 2021 water heater serving one unit and a functional layout with separate living spaces. Located near Uptown restaurants, shopping, parks, public transportation, and downtown Minneapolis, this property offers the perfect combination of location, income potential, and long-term upside. Whether you're looking to start building your real estate portfolio or offset your housing expenses by living in one unit and renting the other, this duplex is a great opportunity.
Directions: 35W North to Minneapolis then exit on 31st St to Lake St then left on E 31st St then right on First Ave S then left on E 27th St then Pillsbury on your right

Accessible

None: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes
Storage Space: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes

Fencing

Full: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes
Hot Water: Yes

Laundry

In Unit: Yes
Main Level: Yes
Upper Level: Yes

Lock Box Type

Combo: Yes

Owner Pays

Exterior Maintenance: Yes
Insurance: Yes
Maintenance/Repair: Yes
Repairs: Yes
Roof Maintenance: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Pool Description

None: Yes

Rental License Type

Standard: Yes

Roof

Age Over 8 Years: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

Electricity: Yes
Fuel: Yes
Grounds Care: Yes
Lawn: Yes

Unit 1 Amenities

Open Floor Plan: Yes
Ceiling Fan(s): Yes
Hardwood Floors: Yes
Kitchen Window: Yes

Unit 1 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Family Room Characteristics

Family Room: Yes
Main Level: Yes

Unit 1 Special Search

Main Floor Laundry: Yes

Unit 2 Amenities

Ceiling Fan(s): Yes

Unit 2 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

Upper Level Full Bath: Yes

Unit 2 Dining Room Description

Living/Dining Room: Yes

Unit 2 Family Room Characteristics

Family Room: Yes

Documents

Seller's Disclosure Alternatives.pdf ›

TISH Report.pdf ›

Listing Office: The Leo Agency

Last Updated: July - 25 - 2026

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