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711/713 26th Avenue S, Minneapolis, MN 55454

New Listing

$625,000

Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 3,898 Lot Size (sq. ft.): 5,663 Status: Active

Current Price: $625,000 List Date: 7/16/2026 Last Modified: 7/16/2026

Overview

Description

Three Doors. One Parcel. Immediate Cash Flow. Income-producing properties with this level of flexibility are increasingly difficult to find. This investment features a duplex plus a detached single-family home, all situated on one parcel with tenants already in place, creating immediate revenue and minimizing lease-up risk. Investors will appreciate the diversified income streams, attractive curb appeal, and long-term upside in one of Minneapolis’ consistently desirable rental markets. Whether you’re expanding your portfolio, completing a 1031 exchange, or acquiring your first multifamily investment, this property offers the rare combination of stable cash flow today and appreciation potential tomorrow. The detached home provides a unique advantage over traditional duplexes—appealing to a different tenant profile while reducing vacancy risk through diversified unit types. Properties like this are rarely available and nearly impossible to replicate under today’s zoning and c ... (Read more)

Listing Details MLS# 7108713

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 517
Above Ground SqFt: 2631
Below Grd Total SqFt: 1267
Total SqFt: 3898
Foundation Size: 1267
Style: (MF) Apartment
Total Finished Sqft: 2068.00
Lot Dimensions: 37x153
Acres: 0.13
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: Porch Assumable Loan: Not Assumable Basement: Full Construction Status: Previously Owned Exterior: Shakes; Stucco Foundation: Stone Fuel: Natural Gas Heating: Gravity; Hot Water Owner Pays: Fuel; Insurance; Taxes Road Frontage: City Street Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Unit 1 Amenities: Deck Unit 1 Appliances: Range; Refrigerator Unit 2 Amenities: Porch Unit 2 Bath Description: Main Floor Full Bath Unit 3 Appliances: Range; Refrigerator Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 625000
ListPrice: 625000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 711/713
Street Name: 26th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55454

Assessments

Tax With Assessments: 8079.64
Assessment Balance: 0

Basement

Foundation Dimensions: 28X45
Full: Yes

More Information

Building Information

Finished SqFt Above Ground: 2068

Income and Expenses

Annual Caretaker Expense: 900
Annual Fuel Expense: 2263
Annual Gross Income: 33540
Annual Insurance Expense: 1333
Annual Net Income: 25765
Annual Water/Sewer Expense: 1317
Total Annual Expenses: 7775
Annual Electric Expense: 0
Annual Gross Expenses: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Lease Expiration Date: 2026-08-17
Leased?: Yes
Level: Main Level
Unit Number: Yes
Finished SqFt: 786
Full Baths: Yes
Monthly Rent: 1600
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit 2

Furnished?: No
Lease Expiration Date: 2026-08-24
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Finished SqFt: 786
Full Baths: Yes
Monthly Rent: 1650
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit 3

Furnished?: No
Lease Expiration Date: 2026-08-27
Leased?: Yes
Unit Number: 3
Finished SqFt: 496
Full Baths: 2
Monthly Rent: 1900
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 6

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: MURPHYS ADDN TO MPLS LOT 012 BLK 015 the W 153 FT of N 2/3
Listing City: Minneapolis
Map Page: 107
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Country: US
Zip Plus 4: 1420
Property ID Number: 2502924430053
Tax Year: 2026
Tax Amount: 8079.64
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Three Doors. One Parcel. Immediate Cash Flow. Income-producing properties with this level of flexibility are increasingly difficult to find. This investment features a duplex plus a detached single-family home, all situated on one parcel with tenants already in place, creating immediate revenue and minimizing lease-up risk. Investors will appreciate the diversified income streams, attractive curb appeal, and long-term upside in one of Minneapolis’ consistently desirable rental markets. Whether you’re expanding your portfolio, completing a 1031 exchange, or acquiring your first multifamily investment, this property offers the rare combination of stable cash flow today and appreciation potential tomorrow. The detached home provides a unique advantage over traditional duplexes—appealing to a different tenant profile while reducing vacancy risk through diversified unit types. Properties like this are rarely available and nearly impossible to replicate under today’s zoning and construction costs. Don’t miss this exceptional investment opportunity.
Directions: Riverside to 25th, N to 8th E to 26th to home

Accessible

None: Yes

Amenities Shared

Porch: Yes

Assumable Loan

Not Assumable: Yes

Construction Status

Previously Owned: Yes

Exterior

Shakes: Yes
Stucco: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Gravity: Yes
Hot Water: Yes

Owner Pays

Fuel: Yes
Insurance: Yes
Taxes: Yes

Road Frontage

City Street: Yes

Roof

Asphalt Shingles: 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

Three: Yes

No. of Refrigerators

Three: Yes

Tenant Pays

Electricity: Yes

Unit 1 Amenities

Deck: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Amenities

Porch: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Listing Office: Meta Commercial

Last Updated: July - 16 - 2026

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