Excellent investment opportunity in the Jordan neighborhood of North Minneapolis! This well-maintained duplex offers strong income potential with flexibility for both investors and owner-occupants. The upper unit features 3 bedrooms and 1 bathroom, has been freshly turned with fresh paint and updates, and is move-in ready for a new tenant or owner-occupant. Previously rented for $1,795/month, it offers immediate income potential with no waiting for turnover.
The main level unit is currently leased on a month-to-month basis at $1,375/month, providing immediate cash flow while offering future flexibility with a 60-day notice period. With one unit ready for occupancy and the other producing income, this property is well suited for an owner-occupant looking to offset their mortgage or an investor seeking a straightforward addition to their portfolio.
Enjoy a convenient location near North Commons Park, Theodore Wirth Park, the Mississippi River, West Broadway's restaurants and neighborhood businesses, Downtown Minneapolis, and the University of Minnesota. Easy access to I-94 and Highway 55 makes commuting throughout the Twin Cities simple.
Whether you're expanding your investment portfolio or looking for an owner-occupied opportunity, this duplex offers immediate cash flow, future flexibility, and a turnkey upper unit ready for its next occupant.
22 days
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993
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88
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Grigoriy Gorshteyn952-220-0861,
Algo Realty Inc
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7108987
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Heating
Forced Air
Features
Basement: Unfinished
Interior area
Total structure area: 2,316
Total interior livable area: 1,886 sqft
Finished area above ground: 1,886
Finished area below ground: 0
Property
Parking
Details: Garage Dimensions (0), Garage Door Height (0), Garage Door Width (0)
Accessibility
Accessibility features: None
Features
Levels: More Than 2 Stories
Lot
Size: 6,969 Square Feet
Dimensions: 128 x 42 x 141 x 63
Details
Foundation area: 943
Parcel number: 1602924240038
Zoning description: Residential-Multi-Family
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex Up and Down
Condition
New construction: No
Year built: 1900
Utilities & green energy
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected
Community & HOA
Community
Subdivision: Forest Heights
Location
Region: Minneapolis
Financial & listing details
Price per square foot: $111/sqft
Tax assessed value: $212,900
Annual tax amount: $4,304
Date on market: 7/13/2026
Tenant pays: Cable TV, Electricity, Gas
Estimated market value
Zestimate®
$208,900
Estimated sales range
$198,000 - $219,000
Rent Zestimate®
$1,731/mo
Price history
Date
Event
Price
7/30/2026
Price change
$209,900-4.5%$111/sqft
Source: NorthstarMLS as distributed by MLS GRID #7108987Report a problem
7/13/2026
Listed for sale
$219,900+17%$117/sqft
Source: NorthstarMLS as distributed by MLS GRID #7108987Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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