1539 Washington Street NE,Minneapolis, MN 55413
Minneapolis, MN 55413
Description
Exceptional investment opportunity with this charming up-and-down duplex offering spacious living, timeless character, and thoughtful updates throughout. The main-level unit features 2 bedrooms, 1 full bathroom, beautiful hardwood floors, a dedicated pantry area, and access to a welcoming front sun porchperfect for morning coffee or relaxing evenings. The updated kitchen is equipped with stainless steel appliances, blending style and functionality. The upper-level unit offers an expansive layout with 3 bedrooms, 2 bathrooms, and additional finished living space on the third floor, providing flexibility for a home office, family room, guest space, or recreation area. The kitchen also features upgraded stainless steel appliances, creating an attractive and modern living environment. Main unit has month to month lease at $1,800/mo (tenant pays gas & electric). Top vacant unit estimated income is $2,400/mo (tenant pays gas & electric). Total gross revenue if fully leased is estimated at $50,400. The lower level includes shared laundry facilities and ample storage space for both units. Whether you're looking to expand your investment portfolio or owner-occupy while generating rental income, this well-maintained duplex offers versatility, strong rental appeal, and comfortable living spaces for tenants and owners alike.
Details
| MLS # | 7095025 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1902 |
| Days On Site | 64 |
| Listing Provided By | Fox Realty | Matt Boys |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,948 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.12 |
Interior
| Heating | Baseboard |
|---|
Exterior
| Roof | Asphalt |
|---|
Parking
| Parking Features | Detached Garage |
|---|
Taxes
| Property | 8778 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55413 |
| Area | 43 |
| Community Name | Mcmillans Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Mcmillans Add) | |
Price: $510,000 low | high Med: $464,950 sqft: 2,948 low | high Med: 2,197 $ / sqft: $173 low | high Med: $213 On site: 64 low | high Med: 38 | |
Market Activity 55413
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55413 |
| Area | 43 |
| Community Name | Mcmillans Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Mcmillans Add) | |
Price: $510,000 low | high Med: $464,950 sqft: 2,948 low | high Med: 2,197 $ / sqft: $173 low | high Med: $213 On site: 64 low | high Med: 38 | |
