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  • $436,000

    1622 Jefferson St NE, Minneapolis, MN 55413

    5beds
    3baths
    3,064sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $459,700 Zestimate®
    $142/sqft
    $2,028 Estimated rent

    Home value

    $459,700

    $423,000 - $501,000

    $2,028/mo

    Zestimate® history
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    What's special

    Old-world charm meets modern amenities in this duplex+ located in the heart of coveted NE Minneapolis. Smack dab in the center of the trendy & vibrant Northeast Minneapolis Arts District, there’s never a shortage of things to do and places to go in the area. Outstanding walkability + bikeability! Only a few blocks away from Central Ave NE, you’re within walking distance of some of the best restaurants, cafes, breweries, shops, and parks NE MPLS has to offer. The location also grants quick access to both downtowns as well as the U of M. Character abounds in this sun-drenched turn-of-the-century stunner: maple hardwood floors, beautiful stained glass windows, gorgeous chunky woodwork you don’t find in homes built today, five panel wood doors AND original hardware. The recently renovated 3rd story sets this income producing property apart from your standard up/down duplex (3rd story would need a second staircase to be a legal 3rd unit, please verify with and direct all questions to the City of Minneapolis). With no leases in place currently, an owner occupant buyer has extreme flexibility on how they approach this unique deal. Truly a massive building. Incredible price per square footage for the immediate neighborhood. The basement offers an interesting value add opportunity and screams potential. With adequate lower level ceiling height and an egress window already in place, one could readily increase the property’s finished square footage and bed/bath count. You’ve found the best of both worlds in 1622 Jefferson: strong cash flow in an appreciating market!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandon M Hayes 952-201-8334,

    Coldwell Banker Realty

    Bought with:

    Semira Mundt

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6607504MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Baseboard, Forced Air
    Appliances
    • Laundry: In Basement, Sink
    Features
    • Basement: Egress Window(s)
    Interior area
    • Total structure area: 3,064
    • Total interior livable area: 3,064 sqft
    • Finished area above ground: 2,784
    • Finished area below ground: 280

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete
    • Garage spaces: 2
    • Details: Garage Dimensions (22x21)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: More Than 2 Stories
    • Patio & porch: Enclosed, Front Porch
    • Pool features: None
    • Fencing: Chain Link,Wood
    Lot
    • Size: 5,227 sqft
    • Dimensions: 128 x 40
    • Features: Near Public Transit
    Details
    • Foundation area: 1081
    • Parcel number: 1402924120103
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: Mcmillans Add

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/2/2024Sold$436,000-0.9%$142/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6607504 Report a problem
    10/13/2024Pending sale$439,900$144/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6607504 Report a problem
    9/26/2024Listed for sale$439,900+22.2%$144/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6607504 Report a problem
    11/30/2023Sold$360,000-4%$117/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6417359 Report a problem
    10/23/2023Pending sale$375,000$122/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6417359 Report a problem
    10/16/2023Listing removed--
    Source: Edina Realty Report a problem
    9/29/2023Listed for sale$375,000+50%$122/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6417359 Report a problem
    2/24/2003Sold$250,000$82/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,887 -10.1%$435,700 +7.6%
    2024$6,552 -12.8%$405,000 -17.8%
    2023$7,510 -5.2%$493,000 +7.4%
    2022$7,920 +0.3%$459,000
    2021$7,899 +5.4%$459,000 -5.1%
    2020$7,494 -5.1%$483,500 +14%
    2019$7,899 +5.4%$424,000 +10%
    2018$7,494 +17.6%$385,500 +27.6%
    2017$6,372 +12.6%$302,000 +13.5%
    2016$5,660 +10%$266,000 +20.1%
    2015$5,144 +14.4%$221,500 +9.9%
    2014$4,495 +43.1%$201,500 +4.9%
    2013$3,140 -3.2%$192,000 -4.7%
    2012$3,244 -4.7%$201,500 -5.8%
    2011$3,402 +4.7%$214,000 -8.4%
    2010$3,249 -18.9%$233,500 -16.3%
    2009$4,006 +42%$279,000 +32.4%
    2006$2,820 +14%$210,800 +17.7%
    2005$2,473 +34.5%$179,100 +37.6%
    2004$1,839 +23%$130,200 +19.8%
    2002$1,494 -51.6%$108,700
    2001$3,087 --

    Find assessor info on the county website

    Neighborhood: Logan Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $459,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $459,700