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4300 Pleasant Ave
Listing Notes
In the heart of the sought-after Kingfield neighborhood of Southwest Minneapolis, this well-maintained duplex offers an exceptional investment opportunity with a strong rental history. Ideally located near popular restaurants, walking and biking paths, Lake Harriet, major bus routes and easy access to I-35W, 1-94 and Hwy 62. Both units have been thoughtfully updated with fresh paint, improved kitchens and bathroom enhancements, while major improvements include PEX plumbing in upper unit, refinished hardwood floors, updated porch finishes, a backyard deck, wood privacy fence and shared storage shed. Tenants enjoy shared amenities including an enclosed front porch, basement laundry, dedicated storage and outdoor living spaces. A turnkey opportunity for investors seeking reliable income in one of Minneapolis' most desirable rental markets.
Market Insights
$240/sqft vs a nearby median of $242/sqft.
- -0.8% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,872 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 5.8% below the fair value — likely to draw competing offers if it's still on market.
- Pre-war character+$12k +2.5%
Property Read
The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 1 day
- Last price change
- No change recorded
- Listed
- May 11, 2026
- Photos
- 37 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Jul 25, 2016 · $308,000