Updated almost 8 years ago on . Most recent reply
Minneapolis duplex getting no love
I have a duplex for sale and can't understand why it's not selling. We've had a couple offers fall through. I understand the condition, but the price is RIGHT. If you guys have any thoughts, I'd love to hear them.
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Todd Dexheimer
#2 Multi-Family and Apartment Investing Contributor
#2 Multi-Family and Apartment Investing Contributor
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- St. Paul, MN
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Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- St. Paul, MN
Overpriced. It's a 1 bed each unit, so not desireable for an owner occupant. You're selling to an investor, so I would think $130k-$140k max. Can you turn it into a nice looking single family without much money? You may be able to get $200k if you turn it into a 3 bedroom.