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.
Active
$449,000
4230 39th Ave S, Minneapolis, MN 55406
4beds
3baths
2,626sqft
Duplex Up and Down
Built in 1925
-- sqft lot
$-- Zestimate®
$171/sqft
$-- HOA
What's special
Spacious main-floor unitIn-unit laundryFinished livable lower levelLarge kitchenEgress-equipped lower levelApp-controlled garage door openerGenerous storage throughout
- 56 minutes
- 12
- 4
Zillow last checked:
Listing updated:
Listed by:
Tina P. Buss 612-388-7191,
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7138053
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air
Appliances
- Laundry: In Kitchen
Features
- Basement: Block,Egress Window(s),Finished,Full
Interior area
- Total structure area: 2,973
- Total interior livable area: 2,626 sqft
- Finished area above ground: 1,643
- Finished area below ground: 983
Property
Parking
- Total spaces: 2.5
- Parking features: Detached Garage, Asphalt
- Garage spaces: 2.5
- Details: Garage Dimensions (21.5x26), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Patio & porch: Deck
- Fencing: None
Lot
- Size: 6,534 Square Feet
- Dimensions: 174 x 40 x 159 x 42
Details
- Foundation area: 1068
- Parcel number: 0702823420143
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Minnehaha Terrace
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $393,000
- Annual tax amount: $7,464
- Date on market: 9/4/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $449,000+340.2%$171/sqft |
Source: | ||
| 5/28/1996 | Sold | $102,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,748 +8.2% | $393,000 +6.2% |
| 2024 | $6,238 +2.5% | $370,000 -5.1% |
| 2023 | $6,086 +0.1% | $390,000 +3.2% |
| 2022 | $6,082 +13% | $378,000 +5.6% |
| 2021 | $5,383 -3.9% | $358,000 +8.6% |
| 2020 | $5,604 +4.1% | $329,500 +3.9% |
| 2019 | $5,383 -3.9% | $317,000 +18.1% |
| 2018 | $5,604 +26.3% | $268,500 +22% |
| 2017 | $4,437 +7.6% | $220,000 +10% |
| 2016 | $4,123 +6.6% | $200,000 +2.8% |
| 2015 | $3,867 -2% | $194,500 +9.9% |
| 2014 | $3,946 +6.6% | $177,000 +5% |
| 2013 | $3,700 -12.8% | $168,500 -15.1% |
| 2012 | $4,242 +4.8% | $198,500 |
| 2011 | $4,047 +7.8% | $198,500 -5.9% |
| 2010 | $3,755 +27.8% | $211,000 |
| 2009 | $2,939 +20.4% | $211,000 +13.6% |
| 2006 | $2,442 +11.3% | $185,800 +15% |
| 2005 | $2,195 +16.2% | $161,600 +21.3% |
| 2004 | $1,889 +18.1% | $133,200 +16% |
| 2002 | $1,600 -52.3% | $114,800 |
| 2001 | $3,357 | -- |
Find assessor info on the county website
Monthly payment
Est. payment






