Incredible Investment Opportunity Just Blocks from U.S. Bank Stadium!
This high-potential property is a standout addition to any investor’s portfolio or an ambitious buyer looking to build immediate equity in one of Minneapolis’ most active and rapidly growing areas. Perfectly positioned near the Downtown East corridor, major medical centers, light rail transit, restaurants, entertainment, and employment hubs, this property offers access to a strong tenant pool year-round.
The Perfect First Investment (Live Rent-Free!): This is a phenomenal opportunity for an owner-occupied, first-time investor. By moving into one space and renting out the rest, you can easily tap into the power of "house hacking"—allowing you to live virtually rent-free while generating immediate cash flow to pay down your mortgage.
Versatile Layout & Value-Add Potential: The flexible layout provides excellent rental potential and multiple living areas, including additional finished living space in the attic/third level that creates added usable square footage.
Bonus Value-Add: The property features updated electrical panels in the basement, setting the stage perfectly for a future basement finish to add even more equity, square footage, or rental income!
With a strong rental history, updated mechanical infrastructure, and long-term appreciation potential, this property delivers a rare combination of immediate income opportunity and future upside. Don’t miss your chance to own real estate in one of the city’s most vibrant, high-demand neighborhoods.
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Zillow last checked:
Listing updated:
Listed by:
Bryon Lindsey952-500-3607,
Keller Williams Realty Integrity Lakes,
The Graham Smith Team612-414-5614
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7087133
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 3
Heating
Boiler
Appliances
Laundry: In Basement
Features
Basement: Block
Interior area
Total structure area: 4,667
Total interior livable area: 3,967 sqft
Finished area above ground: 3,267
Finished area below ground: 700
Property
Parking
Total spaces: 2
Parking features: Detached Garage
Garage spaces: 2
Accessibility
Accessibility features: None
Features
Levels: More Than 2 Stories
Patio & porch: Deck, Enclosed, Front Porch
Fencing: Chain Link
Lot
Size: 6,534 Square Feet
Dimensions: 130 x 50
Features: Near Public Transit, Tree Coverage - Light
Details
Foundation area: 1400
Parcel number: 2602924430031
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex Up and Down
Materials
Concrete
Roof: Age 8 Years or Less
Condition
New construction: No
Year built: 1909
Utilities & green energy
Electric: Circuit Breakers, Power Company: Xcel Energy
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected
Community & HOA
Community
Subdivision: C L Willes Add To Minneapolis
Location
Region: Minneapolis
Financial & listing details
Price per square foot: $126/sqft
Tax assessed value: $431,000
Annual tax amount: $6,177
Date on market: 6/23/2026
Tenant pays: Cable TV
Road surface type: Paved
Estimated market value
Zestimate®
$497,500
Estimated sales range
$473,000 - $522,000
Rent Zestimate®
$1,578/mo
Price history
Date
Event
Price
6/25/2026
Listed for sale
$500,000+49.3%$126/sqft
Source: NorthstarMLS as distributed by MLS GRID #7087133Report 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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