2841 36th Avenue S
Minneapolis, MN 55406
$410,000 - 44
Step inside and you can feel the difference. This duplex was owner occupied for years, and it shows in the details, from the refinished hardwood floors underfoot to the freshly painted walls and light filled rooms. Nothing here feels tired or overlooked. It feels cared for, the kind of place where you can unpack your boxes and actually settle in.
The kitchens have been remodeled with new countertops, appliances, and dishwashers, and the basement bedrooms offer flexible space for a home office, guest room, or extra storage.
Beyond the lifestyle, this duplex offers something increasingly rare: a real path toward financial freedom. Living in one unit while renting the other lets you offset your mortgage with rental income, often reducing your housing cost far below what a comparable single family home would run. Over time, that tenant paid equity builds real wealth, all while you enjoy a beautifully updated home.
Listing Courtesy of: Jason Mitchell Group
612-760-1979
Buyer Represented by: Compass
| Listing Id: | 7118027 |
|---|---|
| List Price: | $399,000 |
| Close Price: | $410,000 |
| Close Date: | 2026-09-25 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex Side by Side |
| Status: | Closed |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 3 |
| Bathrooms Three Quarter: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms One Quarter: | 0 |
| Living Area: | 1,648 |
| Tax Annual Amount: | $6,645 |
| Waterfront?: | No |
| City: | Minneapolis |
| Neighborhood: | 44 |
| County Or Parish: | Hennepin |
| Subdivision Name: | Nesbitts Add |
| Postal Code: | 55406 |
| Year Built: | 1926 |
| Number Of Units Total: | 2 |
| Above Grade Finished Area: | 1,248 |
| Accessibility Features: | None |
| Association Amenities: | Porch |
| Basement: | Yes |
| Basement: | Full |
| Bathrooms Total Integer: | 3 |
| Below Grade Finished Area: | 400 |
| Building Area Total: | 2496 |
| Directions: | Lake Street to 37th Avenue - North to home |
| Electric: | 100 Amp Service |
| Fencing: | None |
| Foundation Area: | 1,248 |
| Fuel Expense: | 0 |
| Garage Spaces: | 2 |
| Gross Income: | $37,560 |
| Heating: | Forced Air |
| High School District: | Minneapolis |
| Insurance Expense: | $1,500 |
| Laundry Features: | In Basement |
| Levels: | One |
| Listing Contract Date: | 2026-07-30 |
| Lot Features: | Tree Coverage - Medium |
| Lot Size Area: | 0.12 |
| Lot Size Dimensions: | 40 x 128.22 |
| Lot Size Units: | Acres |
| Maintenance Expense: | $1,000 |
| Net Operating Income: | $32,520 |
| Assessment Pending: | No |
| DPResource: | Yes |
| Foreclosure Status: | No |
| Fractional Ownership Yn: | No |
| Fuel: | Natural Gas |
| Garage Dimensions: | 20x20 |
| Garage Square Feet: | 400 |
| Lender Owned: | No |
| Owner Occupied: | No |
| Potential Short Sale: | No |
| Yearly/Seasonal: | Yearly |
| Number of Refrigerators: | Two |
| Rental License Type: | Standard |
| School District Number: | 1 |
| School District Phone: | 6126680000 |
| Shared Rooms: | Other |
| Tax With Assessments: | $6,645 |
| Operating Expense: | $5,040 |
| Other Expense: | $1,000 |
| Owner Pays: | Repairs, Taxes, Trash Collection |
| Parcel Number: | 3102923340047 |
| Parking Features: | Detached Garage |
| Pool Features: | None |
| Postal City: | Minneapolis |
| Road Frontage Type: | City Street, Paved Streets |
| Road Responsibility: | Public Maintained Road |
| Roof: | Asphalt |
| Sewer: | City Sewer/Connected |
| State Or Province: | MN |
| Tax Year: | 2026 |
| Tenant Pays: | Electricity, Fuel |
| Trash Expense: | $1,100 |
| Water Sewer Expense: | $1,100 |
| Water Source: | City Water/Connected |
| Zoning Description: | Residential-Multi-Family |
| Township: | Minneapolis |
| Above Grade Sq Ft Total: | 1248 |
| Below Grade Sq Ft Total: | 1248 |
| Main Level Finished Area: | 1248 |
| Patio Porch Type: | Porch |
| Total Area: | 2,496 |
| Exterior Features: | Stucco |
| Foundation Details: | Permanent |
| Rental License?: | Yes |
| School District Full Name: | 1 - Minneapolis |
| Pending Timestamp: | 2026-08-18 |
| For Sale Or Lease: | For Sale |
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Regional Multiple Listing Service of Minnesota, Inc data last updated on October 08, 2026 04:59 PM - CT
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Property Last Updated: October 08, 2026 04:59 PM - CT
