4412 Portland Avenue, Minneapolis, MN 55407

Property Description

Clean and well-maintained up/down duplex in a highly walkable/bikeable neighborhood, offering an excellent investment opportunity to rent both units or owner-occupy and have your mortgage offset by rental income. Each unit has its own in-unit laundry, separate gas and electric meters for split utilities, and private deck with access to the fully-fenced backyard.Improvements include two newer water heaters (2025 and 2019), new gas range in the upstairs unit (2025) and roof replaced (2016).The lower unit spans the main floor and basement, with three bedrooms total. Hardwood floors on the main level and charming updated kitchen with gas range and butcher block counters. Private interior access leads to the finished basement, which includes the third bedroom, an amusement room, and a large laundry and storage room. The upper unit has one bedroom, full bathroom, a sitting nook, in-unit laundry, brand new gas range, two window A/C units (window A/C units stay with the property), and electric baseboard heat. Both units enjoy access to their own private deck, a fully fenced backyard, and share a detached two-car garage with a large parking pad.Convenient to Nicollet Avenue's walkable corridor, home to neighborhood favorites like The Lowbrow, Driftwood, and Silverbird Coffee. Minutes from entertainment like the Parkway Theater, and grocery options like Kingfield Farmers Market at MLK Park (Sundays), Seward Co-op Friendship Store, and Lunds & Byerlys. Close to Lakes Hiawatha and Nokomis, and Minnehaha Creek, for outdoor enjoyment. Quick connections to I-35W and downtown Minneapolis.