3936 Nokomis Ave Minneapolis, MN 55406

Listing details for 3936 Nokomis Ave, Minneapolis, MN 55406 : Welcome to this well-maintained side-by-side duplex in the sought-after Nokomis neighborhood of South Minneapolis, just steps from Lake Nokomis, Minnehaha Parkway, and the light rail. Recent updates include a newer roof along with updated patio doors and windows throughout. The property generates solid income with one unit leased to a long-term tenant at $1,700/month and the other unit successfully operated as a short-term rental (Airbnb) averaging $2,000/month—for a combined total of approximately $3,700/month. Each unit has a private entrance, providing both privacy and convenience. This setup offers excellent flexibility: live in one unit and rent the other, continue as an investor, or maximize returns with a mix of long- and short-term rentals. The prime location adds to the appeal, with easy access to trails, shops, dining, and recreation, plus quick connections to downtown Minneapolis, the airport, and the Mall of America. Offering charm, updates, and proven income potential, this duplex is a rare opportunity in one of the city’s most desirable neighborhoods. Don’t miss it!