Charming Duplex in the Heart of Minneapolis!
This well-maintained property offers an excellent opportunity for both investors and owner-occupants. Each unit features comfortable living spaces, abundant natural light, and functional layouts designed for easy, everyday living.
Ideally located just minutes from downtown Minneapolis and only a short walk to North Central University, this home provides convenient access to schools, parks, restaurants, and public transportation.
The fully finished basement adds even more value, offering potential for use as an additional unit, creating the possibility of a triplex setup. Whether you're looking to generate rental income or live in one unit while renting out the others, this property presents a fantastic opportunity in a highly desirable location.
Active
$499,900
1508 Elliot Ave, Minneapolis, MN 55404
5beds
3baths
3,000sqft
Duplex Up and Down
Built in 1903
-- sqft lot
$490,500 Zestimate®
$167/sqft
$-- HOA
What's special
Abundant natural lightComfortable living spacesFully finished basement
- 39 days |
- 422 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Monica Kennett 612-707-6356,
National Realty Guild
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7105662
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Boiler
Appliances
- Laundry: In Basement, Common Area, Electric Dryer Hookup, Lower Level, Laundry Room, Sink
Features
- Basement: Finished
Interior area
- Total structure area: 4,300
- Total interior livable area: 3,000 sqft
- Finished area above ground: 3,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 7
- Parking features: Detached Garage, Gravel, Shared Garage/Stall, Varies by Unit
- Garage spaces: 3
- Carport spaces: 4
- Details: Garage Dimensions (30x20), Garage Door Height (8), Garage Door Width (17)
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Front Porch, Rear Porch
Lot
- Size: 7,405 Square Feet
- Dimensions: 50 x 150
- Features: Near Public Transit, Tree Coverage - Medium
- Topography: Sloped
Details
- Foundation area: 1300
- Parcel number: 2602924310088
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Frame
- Roof: Age Over 8 Years,Asphalt,Pitched
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: J S & W Elliots Add
HOA
- Amenities included: Laundry, Deck
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $551,000
- Annual tax amount: $6,788
- Date on market: 7/14/2026
- Cumulative days on market: 79 days
- Tenant pays: Broadband, Cable TV, Electricity, Insurance, Janitorial Service
- Road surface type: Paved
Estimated market value
$490,500
$466,000 - $515,000
$2,339/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $499,900-10.7%$167/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7105662 Report a problem | ||
| 5/18/2026 | Listing removed | $559,900$187/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7049723 Report a problem | ||
| 4/8/2026 | Listed for sale | $559,900+33.3%$187/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7049723 Report a problem | ||
| 9/6/2023 | Sold | $420,000-1.2%$140/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6408618 Report a problem | ||
| 7/27/2023 | Listed for sale | $424,900+66.6%$142/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6408618 Report a problem | ||
| 10/3/2011 | Sold | $255,000+254.2%$85/sqft |
Source: Public Record Report a problem | ||
| 7/20/2000 | Sold | $72,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,788 -3.3% | $551,000 +19.5% |
| 2024 | $7,023 +5.4% | $461,000 +5% |
| 2023 | $6,665 +1.9% | $439,000 +6% |
| 2022 | $6,541 +9.1% | $414,000 +7.5% |
| 2021 | $5,996 -2.9% | $385,000 +4.9% |
| 2020 | $6,178 +3% | $367,000 +5% |
| 2019 | $5,996 -2.9% | $349,500 +5% |
| 2018 | $6,178 +10.3% | $333,000 +8.9% |
| 2017 | $5,602 -2.2% | $305,700 -5.2% |
| 2016 | $5,729 -8.1% | $322,500 +15% |
| 2015 | $6,236 +9.6% | $280,500 +10.2% |
| 2014 | $5,691 +6.9% | $254,500 +4.9% |
| 2013 | $5,325 +2.8% | $242,500 |
| 2012 | $5,182 +20.4% | $242,500 -4.9% |
| 2011 | $4,304 +14.2% | $255,000 |
| 2010 | $3,767 -6.6% | $255,000 -5% |
| 2009 | $4,032 +59.2% | $268,500 +51% |
| 2006 | $2,532 +15.4% | $177,800 +20.3% |
| 2005 | $2,194 +7.9% | $147,800 +15% |
| 2004 | $2,034 +11.1% | $128,500 +11.9% |
| 2002 | $1,831 -45.5% | $114,800 |
| 2001 | $3,357 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Elliot Park
Nearby schools
GreatSchools rating
- 2/10Webster ElementaryGrades: PK-5Distance: 1.9 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 4 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 2.9 mi
- $370,0004 bd3 ba2k sqft1512 Elliot Ave, Minneapolis, MN 55404Sold
- $761,4007 bd5 ba5.5k sqft1500 Elliot Ave, Minneapolis, MN 55404Off Market
- $1,012,500-- bd-- ba9.8k sqft1516 Elliot Ave, Minneapolis, MN 55404Off Market
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- $262,8003 bd1 ba1.4k sqft1520 Elliot Ave APT 2, Minneapolis, MN 55404Off Market
- $269,9002 bd2 ba1.4k sqft1520 Elliot Ave APT 3, Minneapolis, MN 55404For Sale
A local agent can set up tours, give advice and negotiate with sellers.
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