3832 20th Avenue S, Minneapolis, MN 55407 (MLS# 7078021)

Overview

Description

A rare opportunity to own a true storybook Tudor duplex in one of Minneapolis’ most beloved neighborhoods—just steps from Lake Hiawatha and backing directly to acres of city-owned park green space. Wrapped in timeless stucco and stone architecture, this beautifully maintained property blends historic charm, unbeatable location, and exceptional investment reliability. This incredibly dependable income-producing property has not experienced a vacancy in years and has consistently attracted wonderful long-term renters who appreciate the character, setting, and community surrounding the home. The main level unit offers 2 bedrooms and 1 bath, while the second floor unit features 2 bedrooms and 1 bath, plus a flex space in the finished half-story third level. Inside, both units are rich with original woodwork, classic Tudor details, and the warmth and craftsmanship rarely found today. Sunlight pours through the home, highlighting the architectural charm and creating inviting living space ... (Read more)

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1928
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 988
Above Ground SqFt: 2147
Below Grd Total SqFt: 1122
Total SqFt: 3269
Foundation Size: 1122
Lot Size SqFt: 5092
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2562.00
Garage Stalls: 2
Lot Dimensions: 40x120
Assessment Pending: No

Property Features

Accessible: None Basement: Other Construction Status: Previously Owned Exterior: Stucco Foundation: Poured Concrete Fuel: Natural Gas Heating: Boiler Rental License Type: Standard Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Tenant Pays: All Utilities Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 470000
ListPrice: 470000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 3832
Street Name: 20th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Complex/Dev/Subdivision: Cedar Ave Heights 3rd Add

Assessments

Tax With Assessments: 8603
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2147
Finished SqFt Below Ground: 415

More Information

Income and Expenses

Annual Gross Income: 18000
Annual Insurance Expense: 2400
Annual Maintenance Expense: 1300
Annual Net Income: 18000
Annual Repair Expense: 2100
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 307

Public Survey Info

Range#: 24
Section#: 12
Township#: 28

Unit 1

Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 18000
Finished SqFt: 988
Full Baths: Yes
Monthly Rent: 1500
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 2

Furnished?: No
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Multi-Level
Unit Number: 2
Annual Rent: 18000
Finished SqFt: 1159
Full Baths: Yes
Monthly Rent: 1500
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 7

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: CEDAR AVE HEIGHTS 3RD ADDN TO MPLS" HENNEPIN COUNTY Lot:028 Block:002
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 223
Property ID Number: 1202824220052
Tax Year: 2026
Tax Amount: 8603
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: A rare opportunity to own a true storybook Tudor duplex in one of Minneapolis’ most beloved neighborhoods—just steps from Lake Hiawatha and backing directly to acres of city-owned park green space. Wrapped in timeless stucco and stone architecture, this beautifully maintained property blends historic charm, unbeatable location, and exceptional investment reliability. This incredibly dependable income-producing property has not experienced a vacancy in years and has consistently attracted wonderful long-term renters who appreciate the character, setting, and community surrounding the home. The main level unit offers 2 bedrooms and 1 bath, while the second floor unit features 2 bedrooms and 1 bath, plus a flex space in the finished half-story third level. Inside, both units are rich with original woodwork, classic Tudor details, and the warmth and craftsmanship rarely found today. Sunlight pours through the home, highlighting the architectural charm and creating inviting living spaces full of personality and comfort. Outside, enjoy beautiful gardens, an exceptional neighborhood community, and direct access to expansive green space that creates a peaceful, private backdrop rarely available in city living. A two-car tuck-under garage adds convenience and functionality. Whether you are looking for a reliable investment property, owner-occupy opportunity, or a long- term hold in a premier Minneapolis location, this duplex offers the kind of charm, stability, and setting that rarely comes to market.
Directions: Cedar Avenue to 38th Street, then East to 20th Avenue, then south to home on the right.

Accessible

None: Yes

Basement

Other: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes

Foundation

Poured Concrete: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Rental License Type

Standard: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

Tenant Pays

All Utilities: Yes