3954 Portland Avenue, Minneapolis, MN 55407

New Listing
$425,000
Property Type: Multi-Family Bedrooms: 5 Baths: 3 Square Footage: 3,523 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $425,000 List Date: 6/18/2026 Last Modified: 6/18/2026

Overview

Description

Spacious Bryant duplex offering the flexibility and opportunity that owner-occupants and investors alike are looking for. With more than 2,600 finished square feet, both units feature generously sized living and dining areas, abundant natural light, and room sizes rarely found in today's multifamily properties. The main-level unit offers 2 bedrooms and 1 bath, beautiful hardwood floors, and opportunity for immediate owner occupancy. The upper unit spans two levels with 3 bedrooms and 2 baths, creating a layout that lives much like a single-family home. Updated kitchens and baths, a detached two-car garage, shared laundry, and a corner lot add to the property's appeal. Whether you're looking to offset your mortgage with rental income, occupy one unit while leasing the other, or expand your investment portfolio, this property offers a rare combination of space, character, and versatility in the heart of South Minneapolis.

Listing Details MLS# 7091487

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Waterfront YN
No
Year Built
1889
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1032
Above Ground SqFt
2491
Below Grd Total SqFt
1032
Total SqFt
3523
Foundation Size
1032
Style
(MF) Duplex Up and Down
Total Finished Sqft
2491.00
Garage Stalls
2
Lot Dimensions
41x121
Acres
0.11
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Basement: Full Construction Status: Previously Owned Exterior: Stucco Fencing: Chain Link Foundation: Stone Fuel: Natural Gas Heating: Forced Air; Radiant Laundry: Common Area; In Basement Lot Description: Corner Lot Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Tenant Pays: All Utilities Unit 1 Appliances: Dishwasher; Freezer; Range; Refrigerator Unit 2 Appliances: Dishwasher; Freezer; Range; Refrigerator Unit 2 Cooling: None Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
429000
ListPrice
425000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3954
Street Name
Portland
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55407
Complex/Dev/Subdivision
Wolverton & Lewis Add

Assessments

Tax With Assessments
6426.46
Assessment Balance
0

Basement

Foundation Dimensions
24x43
Full
Yes

More Information

Building Information

Finished SqFt Above Ground
2491

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
528

Public Survey Info

Range#
24
Section#
10
Township#
28

Unit 1

Furnished?
No
Leased?
No
Unit Number
Yes
Finished SqFt
1032
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 2

Furnished?
No
Leased?
Yes
Level
Multi-Level
Unit Number
2
3/4 Baths
Yes
Annual Rent
20796
Finished SqFt
1459
Full Baths
Yes
Monthly Rent
1733
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
8

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 007 BLOCK 001 WOLVERTON & LEWIS ADDN TO MPLS
Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
4143
Property ID Number
1002824110170
Tax Year
2025
Tax Amount
6426.46
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Spacious Bryant duplex offering the flexibility and opportunity that owner-occupants and investors alike are looking for. With more than 2,600 finished square feet, both units feature generously sized living and dining areas, abundant natural light, and room sizes rarely found in today's multifamily properties. The main-level unit offers 2 bedrooms and 1 bath, beautiful hardwood floors, and opportunity for immediate owner occupancy. The upper unit spans two levels with 3 bedrooms and 2 baths, creating a layout that lives much like a single-family home. Updated kitchens and baths, a detached two-car garage, shared laundry, and a corner lot add to the property's appeal. Whether you're looking to offset your mortgage with rental income, occupy one unit while leasing the other, or expand your investment portfolio, this property offers a rare combination of space, character, and versatility in the heart of South Minneapolis.
Directions
Corner lot at Portland Ave S and E 40th St.

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Construction Status

Previously Owned
Yes

Exterior

Stucco
Yes

Fencing

Chain Link
Yes

Foundation

Stone
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
Radiant
Yes

Laundry

Common Area
Yes
In Basement
Yes

Lot Description

Corner Lot
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

Income and Expenses

Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Gross Income
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

All Utilities
Yes

Unit 1 Appliances

Dishwasher
Yes
Freezer
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Appliances

Dishwasher
Yes
Freezer
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Cooling

None
Yes
IDX
Listing Office: Keller Williams Realty Integrity Lakes
Last Updated: June - 18 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.