Should You Buy a Minneapolis Duplex Right Now? Here’s the Data
Minneapolis 2-4 Unit Data: Flat Prices, Rising Costs (Fall 2026)
## SPONSORS
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## ABOUT THE TCREI HOSTS
**Adam Tafel** – Investor, Realtor, and host of Twin Cities Real Estate Investing. Adam has helped hundreds of clients buy, sell, and analyze investment properties across the metro. He works daily with local investors and is passionate about building wealth through smart real estate strategies.
📩 [adam@UpsidePropertySales.com](mailto:adam@UpsidePropertySales.com)
**Tim Swierczek** – Mortgage lender and experienced investor who helps clients structure financing to maximize returns and long-term wealth. Tim brings a practical, numbers-first approach that makes deals work in the real world.
📩 [tim@timswierczek.com](mailto:tim@timswierczek.com)
💡 We’d love to meet with you and hear about your investing goals. Book a time with us here:
[https://www.twincitiesrealestateinvesting.com/schedule](https://www.twincitiesrealestateinvesting.com/schedule)
## THIS WEEK’S EPISODE
Adam and Tim go through every closed 2-4 unit sale in the seven-county metro since January 2024—2,429 sales—and compare Minneapolis against St. Paul and the suburbs. The Minneapolis median has barely moved in three years, sitting at $427,500 this year compared with $425,000 in 2024, while St. Paul climbed from $325,000 to $357,500. Buyers also have more room than they did two years ago: days on market in Minneapolis went from 19 to 31, sales over list fell from 39% to 28%, and 56% of sellers are now paying concessions with a median of about $9,400.
We also get into the part that is costing owners real money. Property taxes per unit are up 19% in Minneapolis and 30% in St. Paul since 2024, while Minnesota home insurance has risen roughly 85% since 2023. Then we look at current active and pending listings, including a Minneapolis fourplex market sitting at about a year of supply, the growing gap between asking and selling prices, and which Minneapolis communities have gained or slipped over the last 12 months. All sales data comes from NorthstarMLS, with year-over-year comparisons using January 1 through September 14 of each year. Neighborhood numbers compare the last 12 months with the previous 12 months, and we include sale counts because some neighborhoods have limited data.
## RESOURCES & LINKS
**Book a Strategy Call with Adam:**
[https://www.twincitiesrealestateinvesting.com/schedule](https://www.twincitiesrealestateinvesting.com/schedule)
**Book a Strategy Call with Tim:**
[https://www.twincitiesrealestateinvesting.com/schedule](https://www.twincitiesrealestateinvesting.com/schedule)
**Twin Cities Investing Facebook Group:**
[https://www.facebook.com/groups/282704862443535](https://www.facebook.com/groups/282704862443535)
**Twin Cities Investing Meetup Group:**
[https://www.meetup.com/real-estate-investing-rehab-meetup/](https://www.meetup.com/real-estate-investing-rehab-meetup/)
**Twin Cities Real Estate Investing Website:**
[https://www.twincitiesrealestateinvesting.com](https://www.twincitiesrealestateinvesting.com)
**Contact Adam:**
[Adam@UpsidePropertySales.com](mailto:Adam@UpsidePropertySales.com)
**Contact Tim:**
[Tim@TimSwierczek.com](mailto:Tim@TimSwierczek.com)
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