lakeville Homes with (MF) Duplex Up and Down Style

Welcome to Lakeville, Minnesota, a charming city nestled in the heart of Olmsted County. Known for its welcoming community and picturesque landscapes, Lakeville offers a perfect blend of suburban tranquility and vibrant city life. With its beautiful parks, top-rated schools, and convenient access to the Twin Cities, Lakeville is an ideal place for families, professionals, and retirees alike.

One of the standout features of Lakeville's real estate market is the availability of duplex homes in the Up and Down style. These multifamily (MF) residences are an excellent investment opportunity, providing homeowners with the flexibility of living in one unit while renting out the other. With spacious layouts, modern amenities, and the potential for additional income, duplexes in Lakeville cater to a variety of lifestyles and financial goals.

The Up and Down duplex style is particularly appealing, as it allows for privacy and independence for both units. Each level typically boasts its own entrance, kitchen, and living spaces, making it an attractive option for families looking to accommodate extended relatives or for those seeking a rental property in a thriving community.

Living in Lakeville means enjoying a wealth of recreational activities, including beautiful lakes, scenic trails, and community events that foster a strong sense of belonging. Whether you're looking to invest in a duplex or find your forever home, Lakeville offers a unique blend of comfort, convenience, and charm. Explore the possibilities in this delightful city and discover the perfect place to call home!

Newest lakeville Homes with (MF) Duplex Up and Down Style

$275,000

7 Beds ⋅ 2 Baths ⋅ 7113128 MLS

The property is an up/down duplex located just south of downtown Pine Island, providing convenient access to Main Street and local amenities. Two- to four-unit opportunities remain limited in southeast Minnesota, and this duplex has demonstrated a strong rental history with minimal vacancy over the past 15 years under current ownership. The main-floor unit offers four bedrooms along with a remodeled kitchen, updated LVP flooring, new appliances, and a new furnace, while the upper unit includes three bedrooms. Both units feature in-unit laundry. Exterior elements include a detached one-car garage, a large covered front porch, and a rear concrete patio. The combination of unit size, recent updates, and long-term rental performance makes this property a practical option for both investors and owner-occupants seeking additional income potential.

400 S Main Street, Pine Island

Listing courtesy of RE/MAX Results.

$295,000

4 Beds ⋅ 2 Baths ⋅ 7111855 MLS

This Rochester duplex is in a great location and offers two separate units, each with 2 bedrooms and 1 bathroom. One unit is located on the main floor, while the second occupies the upper level, with both offering comfortable living spaces and plenty of natural light. An enclosed front porch adds useful seasonal space, and the upper unit includes access to an outdoor deck. Shared laundry is available in the basement, and off street parking is conveniently located behind the property. Significant improvements completed in 2025 include a new roof, siding, windows, and furnace. Located near downtown and Mayo Clinic, this property offers flexibility for an owner occupant or a valuable addition to a rental portfolio.

215 6th Street NW, Rochester

Listing courtesy of Re/Max Results.

$220,000

2 Beds ⋅ 1 Baths ⋅ 7069553 MLS

We’re excited to share an up/down duplex located on a quiet street in Rochester, close to the city bus line and all the amenities the area has to offer. This well-positioned property is perfect for a first-time investor or a valuable addition to an existing portfolio. The main level unit features 2 bedrooms and 1 bathroom, with private basement access that includes a washer and dryer. It comes equipped with a dishwasher, microwave, range, and refrigerator. The upper unit offers 1 bedroom and 1 bathroom and has been occupied by a long-term tenant whose rent is covered by a local nonprofit. Appliances in this unit include a refrigerator and oven. While the upper unit is expected to require cosmetic updates such as paint, flooring, and cabinet improvements upon turnover, the tenant is anticipated to stay for the foreseeable future. This duplex provides immediate rental income with the potential to increase cash flow through strategic updates. It’s a rare opportunity to own a property in a strong location with built-in stability and room for appreciation.

306 10th Avenue NE, Rochester

Listing courtesy of Harbor Realty & Management Gro.

$354,900

4 Beds ⋅ 2 Baths ⋅ 7038954 MLS

Great investment opportunity! Whether you are just starting your portfolio, looking to owner occupy a duplex, or growing your existing portfolio, this one is a must see! 2 two bedroom, one bath duplex with off street parking to add to the revenue stream with its proximity to Saint Marys and Mayo Clinic.

926 2nd Street NW, Rochester

Listing courtesy of Re/Max Results.

$199,900

4 Beds ⋅ 2 Baths ⋅ 7014543 MLS

Great location for this two story duplex. Main level is vacant so perfect for an owner-occupied rental property. Upstairs tenant just signed a long-term lease to provide extra stability for the new owner! Great opportunity to own a rental property that's a short walk from the Mayo Clinic. New egress windows and front door in the main level apartment plus other recent updates.

1009 E Center Street, Rochester

Listing courtesy of Larson Realty.

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