Rare opportunity to own a classic up/down duplex in the heart of Minneapolis' highly sought-after Prospect Park neighborhood. Whether you're looking to offset your mortgage with rental income or add a strong-performing asset to your investment portfolio, this property offers outstanding flexibility and long-term potential. Filled with timeless character, both units feature impressive 9-foot ceilings, original hardwood flooring, beautiful wood built-ins, detailed millwork, and abundant natural light. The upper unit boasts a remodeled kitchen with stainless steel appliances, while additional spaces including a charming sunroom/porch, private balcony, unfinished third-floor attic, and expansive basement provide exceptional storage. Major mechanical updates include a boiler (2018), two water heaters (2020), and exterior painted (2026). A half-circle paver driveway accessible from the alley offers convenient off-street parking in addition to ample street parking. Located in one of Minneapolis' most desirable urban neighborhoods, this property is just blocks from the University of Minnesota, Green Line light rail, bus routes, parks, restaurants, coffee shops, and local retail. Easy access to I-35W and I-94 makes commuting throughout the Twin Cities a breeze. With strong rental demand, historic charm, and an unbeatable location, this Prospect Park duplex presents an exceptional opportunity for both investors and owner-occupants alike.
Active
Price cut: $15.1K (7/11)
$474,900
129 Arthur Ave SE, Minneapolis, MN 55414
4beds
2baths
2,530sqft
Duplex Up and Down
Built in 1908
-- sqft lot
$469,200 Zestimate®
$188/sqft
$-- HOA
What's special
- 77 days
- 846
- 47
Zillow last checked:
Listing updated:
Listed by:
Gabriel P Anderson 651-278-8377,
Roseville Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7091972
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Boiler, Radiant
Appliances
- Laundry: Lower Level, Laundry Room
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 4,261
- Total interior livable area: 2,530 sqft
- Finished area above ground: 2,530
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway - Other Surface
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
Lot
- Size: 5,227 Square Feet
- Dimensions: 51 x 124
- Features: Tree Coverage - Medium
- Topography: Sloped
Details
- Foundation area: 1162
- Parcel number: 3002923420056
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Frame, Stone
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Prospect Park 1st Div Rev
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $408,400
- Annual tax amount: $6,869
- Date on market: 6/13/2026
Estimated market value
$469,200
$446,000 - $493,000
$1,936/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2026 | Price change | $474,900-3.1%$188/sqft |
Source: | ||
| 6/18/2026 | Listed for sale | $490,000-2.6%$194/sqft |
Source: | ||
| 4/29/2022 | Sold | $503,000-1.4%$199/sqft |
Source: | ||
| 3/12/2022 | Pending sale | $510,000$202/sqft |
Source: | ||
| 2/13/2022 | Price change | $510,000-2.9%$202/sqft |
Source: | ||
| 2/8/2022 | Listed for sale | $525,000+26.5%$208/sqft |
Source: | ||
| 3/9/2018 | Sold | $415,000+3.8%$164/sqft |
Source: | ||
| 2/8/2018 | Listed for sale | $399,900+48.1%$158/sqft |
Source: Realty Group, Inc. #4905953 Report a problem | ||
| 10/20/2017 | Sold | $270,000$107/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,869 +15.1% | $408,400 -12.4% |
| 2024 | $5,965 +2.3% | $466,000 +2% |
| 2023 | $5,829 -5.1% | $457,000 +3.2% |
| 2022 | $6,140 +3.6% | $443,000 |
| 2021 | $5,926 +2.8% | $443,000 |
| 2020 | $5,767 -2.7% | $443,000 +11% |
| 2019 | $5,926 +2.8% | $399,000 +29.1% |
| 2018 | $5,767 +52.3% | $309,000 +40.5% |
| 2017 | $3,787 +17.5% | $220,000 |
| 2016 | $3,224 -3.2% | $220,000 |
| 2015 | $3,332 -10.6% | $220,000 -7.9% |
| 2014 | $3,727 -11.3% | $239,000 +3.9% |
| 2013 | $4,201 -3.2% | $230,000 -5% |
| 2012 | $4,340 -13% | $242,000 -14.9% |
| 2011 | $4,986 +13% | $284,500 -6.1% |
| 2010 | $4,414 -11.8% | $303,000 -10% |
| 2009 | $5,002 +44.7% | $336,800 +36.7% |
| 2006 | $3,457 +10.4% | $246,400 +15% |
| 2005 | $3,131 +8.2% | $214,300 +15% |
| 2004 | $2,895 +15% | $186,400 +15% |
| 2002 | $2,517 -52.8% | $162,100 |
| 2001 | $5,329 | -- |
Find assessor info on the county website
Monthly payment
Est. payment






