Southwest & Lake Harriet Minneapolis Duplexes:
Living By Lake Harriet and Minnehaha Creek:
The Southwest neighborhood of Minneapolis is widely known for housing Lake Harriet, but the neighborhood is also the same one that contains the Linden Hills Farmer’s Market, Grass Lake, and a large portion of Minnehaha Creek. In Southwest Minneapolis, you can expect to find lots of parks, local shops and restaurants (like Zumbro Cafe), and even the south side of Lake Calhoun. This neighborhood borders the Nokomis neighborhood and 35W to the east as well as the city of Edina on the south and west sides. If this sounds like an ideal neighborhood to you, a duplex in Southwest Minneapolis could be a great decision if you’re interested in pursuing a place in this neighborhood that offers you financial freedom.
We’re The Duplex Doctors – We Specialize in Southwest Minneapolis Duplexes and Investment Properties
We Sell More Duplexes in Minneapolis than Anyone Else
There’s something to be said for working with a specialist, specifically when it comes to duplex and multi-family properties. Time and time again, we’ve seen realtors make significant mistakes when buying or selling duplexes. These realtors are well-intentioned. They may be experts in single-family homes or Minneapolis neighborhoods, but this knowledge simply doesn’t translate into the rental real estate market.
We’ve made duplexes, triplexes, four-plexes, and multi-family properties our specialty because we know that it takes a unique understanding of rental real estate to capture great deals for our clients. In many cases, we’re even able to connect our buyers and sellers to make deals before properties even hit the MLS.
Our mission is to help maximize value for duplex buyers, sellers, and investors.
We’re Experts in Multifamily and Duplex Real Estate Transactions
Since the early 2000s, we’ve been working in the Twin Cities market as investment specialists. Unlike many realtors, we have experience in every element of duplex buying, selling, and ownership. We’ve owned properties within our own portfolios, rented units to tenants, and gained financial freedom by generating passive income. We’ve even had the opportunity to renovate properties, flip duplexes, and more. By sharing our unique insights, we’re able to help our tenants throughout their entire process, and we’re able to help them to score the best deals that are available to them.
We're constantly looking for great duplex deals for both buyers and sellers, and that's why we're the #1 Buyer and Seller of duplexes in Minneapolis.
Why to Consider a Duplex Instead of a Single Family Home
While single family homes offer a “romantic” idea, we think that many single family home buyers should actually be searching for duplexes. Why? By generating income from a tenant’s rental payment and applying it to a mortgage, many duplex owners are able to pay just a very small amount towards their mortgage. This means that they’re experiencing greater financial freedom in many cases. Some are even paying off student loans faster, going on vacations, and more.
Benefits Offered to First-Time Homebuyers in Minneapolis
Unlike other investment properties, duplexes offer the ability for many first-time homebuyers to finance with an FHA loan. To use an FHA loan, a prospective duplex buyer needs to owner-occupy the property they’re buying for at least one year.
By using an FHA loan, duplex buyers are able to put down as little as 3.5 – 5% on a property. In regular circumstances, a typical down payment is 20% or more.
Looking for a Southwest Minneapolis Duplex? Here’s Why You Should Call a Specialist
You might think that coming across a duplex in Southwest Minneapolis is easy to do. After all, there are plenty located within the neighborhood’s limits. However, as of the time that we’re writing this, duplexes are selling quickly. In many cases, they’re not even getting as far as being listed on the MLS, and they’re definitely not getting listed on Zillow, Trulia, or other real estate listing websites. We’re actually part of the reason for this problem. We’re often able to put buyers and sellers together to make deals before it’s even necessary to list properties online. If you’re looking to buy a duplex, we’ll help you to find the best deals quickly so that you don’t miss out on the best place for you.
King Field, Linden Hills, East Harriet, Tangletown, and Beyond
No matter where you want to end up, whether it’s in King Field, Windom, or Armitage, we can help you to find a great duplex deal. Duplexes can be found in almost every sub-neighborhood within Minneapolis, and in many cases, there are plenty of choices to pick from. We’re experts on the entire duplex landscape within the city of Minneapolis, so whether you’re looking for a historic East Harriet home or a newly renovated place in Tangletown, we can help you to find it.