Active

Price cut: $24.9K (8/8)

$674,999

2524 Jackson St NE, Minneapolis, MN 55418

7beds

5baths

4,215sqft

$4,289/mo

Get pre-qualified

Fourplex

Built in 1891

-- sqft lot

$-- Zestimate^®

$160/sqft

$-- HOA

What's special

Private balconyHeated tile bathEgress window

The 2016 renovation went to the bones: new foundation, all new electric, plumbing and HVAC, a third floor and a full basement. Three of the four units were finished high-end, and the showpiece is a two-level 3bd/2ba with its own central A/C, a loft, heated tile bath and private balcony. The 2-bedroom is vacant 8/31, so an owner occupant can move in. The fourth unit is still original, and that is where the rest of the upside starts. Both 1-bedrooms are large and convert easily to 2-bedrooms, and the existing 2-bedroom is the same floor plan, so the conversion is already proven here. The lower level has a finished bathroom, an egress window and own meter, and needs a kitchen to become a fifth unit, taking the building from 7 bedrooms to as many as 10 (buyer to verify conforming use with the City). All rents are below market and both 1-bedrooms roll to month-to-month October 1, so there is value to capture day one. Four storage units not billed, porch, deck and 8 off-street parking.

69 days
458
26

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5

Heating

Forced Air

Appliances

Laundry: In Basement, Common Area, Sink, Coin-op Laundry Owned

Features

Basement: Full

Interior area

Total structure area: 5,866
Total interior livable area: 4,215 sqft
Finished area above ground: 4,215
Finished area below ground: 0

Property

Parking

Parking features: Shared Driveway, Parking Lot
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: More Than 2 Stories
Patio & porch: Deck, Porch
Pool features: None
Fencing: None

Lot

Size: 8,276 Square Feet
Dimensions: 46’ x 182’

Details

Foundation area: 1100
Parcel number: 1102924140079
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Fourplex

Materials

Frame
Roof: Asphalt,Pitched

Condition

New construction: No
Year built: 1891

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Menages Sup To East Side Add

HOA

Amenities included: Laundry, Coin-op Laundry Owned, Deck, Patio, Porch

Location

Region: Minneapolis

Financial & listing details

Price per square foot: $160/sqft
Tax assessed value: $523,000
Annual tax amount: $9,933
Date on market: 7/1/2026
Tenant pays: Electricity, Gas, Heat

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/8/2026	Price change	$674,999-3.6%$160/sqft
Source: NorthstarMLS as distributed by MLS GRID #7097885 Report a problem
7/7/2026	Listed for sale	$699,900+324.2%$166/sqft
Source: NorthstarMLS as distributed by MLS GRID #7097885 Report a problem
8/8/2014	Sold	$165,000$39/sqft
Source: NorthstarMLS as distributed by MLS GRID #4453743 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,942 -1.3%	$523,000 +5%
2024	$10,077 +6.9%	$498,000 -13.2%
2023	$9,423 +8.2%	$574,000 +4.2%
2022	$8,710 +11.2%	$551,000 +14.9%
2021	$7,834 +6.3%	$479,500
2020	$7,371 -5.9%	$479,500 +15%
2019	$7,834 +6.3%	$417,000 +18%
2018	$7,371 +22.7%	$353,500 +47.3%
2017	$6,006 +55.1%	$240,000 +21.8%
2016	$3,872 +17.9%	$197,000 +6.8%
2015	$3,283 -12.3%	$184,500 +8.5%
2014	$3,743 -14.1%	$170,000 -26.4%
2013	$4,360 +2.6%	$231,000
2012	$4,248 +1.6%	$231,000
2011	$4,180 -4.8%	$231,000 -17.1%
2010	$4,392 -1.2%	$278,500
2009	$4,446 -2.5%	$278,500 -5.4%
2006	$4,561 -5.4%	$294,500
2005	$4,823 +8.2%	$294,500 +15.5%
2004	$4,455 +12.3%	$255,000 +30.8%
2002	$3,967 +1.8%	$195,000
2001	$3,896	--