808 9th Avenue SEMinneapolis, MN 55414
$397,500
6 bedrooms · 2 bathrooms · 2,079 finished sq ft · 0.05 acre lot
About this home
Well-maintained, fully occupied duplex in a prime University of Minnesota location offering immediate cash flow and strong long-term investment potential. Both units are leased with a current gross rental income of $3,325 per month ($39,900 annually). The property has a solid operating history, stable tenants, and presents an excellent opportunity for investors seeking a turnkey rental. Future upside exists through cosmetic updates and potential rent growth while benefiting from immediate income from day one. Conveniently located near the University of Minnesota, public transportation, restaurants, and shopping.
Home facts
- Home type
- Multi-family home
- Style
- Duplex
- Year built
- 1989
- Bedrooms
- 6
- Bathrooms
- 2
- Finished sq ft
- 2,079
- Lot
- 0.05 acres
- Basement
- Block, Finished
- Heating
- Electric, Radiant
- Property taxes
- $5,592 a year
- Listed
- September 20, 2026
- MLS number
- 7147630
Listing courtesy of Coldwell Banker Realty - Southwest Regional (Al Theisen). MLS #7147630.
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How it compares
808 9th Avenue SE, Minneapolis, MN 55414 is a 6-bedroom multi-family home built in 1989 in Marcy Holmes, listed for $397,500 on September 20, 2026 by Coldwell Banker Realty - Southwest Regional. That is in the middle range of the 182 multi-family homes for sale in Minneapolis right now (median $399,900; $191 per square foot here against $170 for the group). That works out to $191 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Marcy Holmes, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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