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For Sale:  Minneapolis MLS# 6659592

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Active
$515,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
2,635 sqft • 0.14 acres
Minneapolis schools
MLS# 6659592
763-576-8286
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    Property Description

    Nestled in the heart of the vibrant Northeast Minneapolis Arts District, 669 13th Ave NE offers a unique blend of historic charm and modern updates. This spacious duplex, built in 1900, boasts 2, 635 square feet of living space, with 5 bedrooms and 2 bathrooms, and has been thoughtfully renovated for comfort and convenience. The property features a stunning front Palladian window, adding architectural elegance to the front facade. The home also includes a new asphalt shingle roof for both the house and the detached garage, ensuring long-lasting durability. The remodeled second-floor bathroom brings a fresh, modern touch. Two new circuit breaker panels provide updated electrical systems. With porches at the front, side, and back, there are plenty of outdoor spaces to enjoy, and the homeâ??s large windows fill each room with natural light, highlighting the original hardwood floors and intricate woodwork throughout. The location couldnâ??t be more ideal, with art galleries, workshops, James Beard award restaurants, Grain Belt Brewery and cozy coffee shops nearby. Logan Park and Recreation Center is right across the street with playground, wading pool, sports fields and courts. Ideal recreational venue for residents of all ages. For investors, the property offers an income opportunity with an existing tenant occupying the second floor, and there is potential to remodel the attic to create a third unit, further increasing rental income. The financial advantages of owning this duplex are significant, with principal reduction, appreciation, and tax savings. Situated on a 6, 098 square foot lot, this property offers both character and opportunity, making it an ideal choice for investors or those looking to live in a vibrant, creative community while generating passive income. Come take a look!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $515,000
    Price per sq ft: $195
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55413
    Neighborhood/Area: Logan Park
    Subdivision Name: Monroe Street Add

    Interior

    Finished Area: 2,635 ft2
    Living Area: 2,635 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Daylight/Lookout Windows
    • Full
    • Posts
    • Stone/Rock
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 1
    Garage Dimensions: 22 x 17
    Garage Size: 374 ft2
    Foundation Size: 1,395 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    • Space Heater
    Parking Features:
    • Concrete
    • Detached
    Shared Amenities:
    • Deck
    • Laundry
    • Porch
    • Unspecified
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Other
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.14
    Geolocation: 45.001111, -93.254526
    Lot Dimensions: 46 x 129
    Zoning: Residential-Multi-Family
    Lot Description:
    • Property Adjoins Public Land
    • Public Transit (w/in 6 blks)
    • Some Trees

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,348
    Annual Maintenance Expense: $1,800
    Annual Gross Expense: $2,160
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,200
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,128
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $9,512

    Income

    Annual Gross Income: $45,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Weichert, Realtors-Advantage.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.