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    • $413,000

    1601 Buchanan St NE, Minneapolis, MN 55413

    5beds
    4baths
    2,577sqft
    Triplex
    Built in 1956
    -- sqft lot
    $412,500 Zestimate®
    $160/sqft
    $1,924 Estimated rent

    Home value

    $412,500

    $384,000 - $446,000

    $1,924/mo

    Zestimate® history
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    $1,924/mo

    Rent Zestimate®

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    $2,809/mo

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    $2,809/mo

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    What's special

    Two bedroom unit upstairsOne and half story
    Corner lot overlooking Northeast Athletic Park. Property is across the street from Jim Lupient Water Park. Season Pass is only $50. South facing views of Park and lots of open space. One and half story featuring two bedroom unit upstairs, two one bedroom units on main floor, and one one bedroom unit down. Some leases are gross so current owner pays utilities, because of the meter configuration. Rents are not reflective of current market rates. Couple tenants been there 20-30 years. Most leases are month to month, except one goes to end November. Need lots of notice show. Drive by 1st.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul W Larson 612-723-1000,

    Coldwell Banker Realty

    Bought with:

    Adam Tafel

    Real Broker, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7039884MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Forced Air, Other
    Appliances
    • Laundry: Common Area, Coin-op Laundry Owned
    Features
    • Basement: Full,Storage Space
    Interior area
    • Total structure area: 2,577
    • Total interior livable area: 2,577 sqft
    • Finished area above ground: 2,077
    • Finished area below ground: 500

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage
    • Garage spaces: 2
    • Details: Garage Dimensions (22x22)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 55.75 x 125
    • Features: Near Public Transit, Corner Lot
    • Topography: Level,Solar Oriented
    Details
    • Foundation area: 1432
    • Parcel number: 1302924210063
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Electric: Circuit Breakers, Fuses
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Honnettes Add
    HOA
    • Amenities included: Coin-op Laundry Owned
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $160/sqft
    • Tax assessed value: $560,400
    • Annual tax amount: $9,676
    • Date on market: 6/8/2026
    • Cumulative days on market: 25 days
    • Tenant pays: See Remarks

    Price history

    DateEventPrice
    6/12/2026Sold$413,000-13.9%$160/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7039884 Report a problem
    6/8/2026Pending sale$479,900$186/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7039884 Report a problem
    4/14/2026Listing removed$479,900$186/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7039884 Report a problem
    3/20/2026Listed for sale$479,900$186/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7039884 Report a problem
    10/16/2024Listing removed$1,300-7.1%$1/sqft
    Source: Zillow Rentals Report a problem
    7/15/2024Price change$1,400-6.7%$1/sqft
    Source: Zillow Rentals Report a problem
    6/18/2024Listed for rent$1,500$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$9,676 +5.7%$560,400 +10%
    2025$9,155 +11.8%$509,500 +1.5%
    2024$8,190 +4.9%$502,000 -2%
    2023$7,809 +14.4%$512,000 +5.6%
    2022$6,829 -0.2%$485,000 +20.6%
    2021$6,845 +6.3%$402,000 -4.1%
    2020$6,442 -5.9%$419,000 +15%
    2019$6,845 +6.3%$364,500 +10%
    2018$6,442 +17.7%$331,500 +22.1%
    2017$5,473 +7.6%$271,500 +6.7%
    2016$5,089 +3.4%$254,500 +14.9%
    2015$4,921 +9.5%$221,500 +15.1%
    2014$4,495 +11.5%$192,500 +4.9%
    2013$4,030 -3.6%$183,500 -6.1%
    2012$4,179 -3.8%$195,500 -8.2%
    2011$4,344 +7.1%$213,000 -6.6%
    2010$4,057 -12.1%$228,000 -11.1%
    2009$4,615 +20.9%$256,500 +17.2%
    2006$3,817 +11%$218,800 +17.1%
    2005$3,438 +13.5%$186,900 +22.1%
    2004$3,028 +12.9%$153,100 +16.6%
    2002$2,681 -48.1%$131,300
    2001$5,163 --
    Find assessor info on the county website

    Neighborhood: Northeast Park

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    Estimated market value
    $412,500
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    Estimated market value
    $412,500

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