416 8th Ave SE, Minneapolis, MN 55414
What's special
Don't miss this income-producing duplex opportunity in the heart of the historic Marcy-Holmes neighborhood with an ability to convert it into a triplex. Conveniently located near the University of Minnesota, Dinkytown, and Northeast Minneapolis, this classic up-and-down multifamily property offers 2 units with functional layouts, spacious common areas, and abundant natural light. The flexible configuration supports a variety of rental strategies while providing strong long-term income potential. Outside, the property features a large backyard, generous off-street parking, and additional outdoor space—valuable amenities in this central Minneapolis location. Residents can enjoy convenient access to neighborhood shops, restaurants, parks, trails, public transportation, and major highways. Whether you are expanding an investment portfolio or searching for an owner-occupied multifamily property with rental-income possibilities, this property combines space, flexibility, and proximity to some of Minneapolis’ most popular destinations. Schedule a showing today!
- 8 days |
- 537 |
- 18 |
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Herman S Antonov 612-840-6507,
eXp Realty
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
Heating
- Hot Water
Features
- Basement: Full
Interior area
- Total structure area: 4,008
- Total interior livable area: 2,922 sqft
- Finished area above ground: 2,922
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
Lot
- Size: 5,940 Square Feet
- Dimensions: 45 x 132
Details
- Foundation area: 1086
- Parcel number: 2402924320012
- 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
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $552,200
- Annual tax amount: $10,487
- Date on market: 9/16/2026
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $599,000$205/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7140761 Report a problem | ||
| 4/25/2025 | Listing removed | $3,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/5/2025 | Price change | $3,800+10.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/28/2025 | Listed for rent | $3,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,921 +14% | $552,200 +1.5% |
| 2024 | $8,702 -3.3% | $544,000 |
| 2023 | $8,995 -4.6% | $544,000 |
| 2022 | $9,429 +14.4% | $544,000 -2% |
| 2021 | $8,241 +3.5% | $555,000 +10% |
| 2020 | $7,962 -3.4% | $504,500 +12% |
| 2019 | $8,241 +3.5% | $450,500 +10% |
| 2018 | $7,962 +15.6% | $409,500 +14.5% |
| 2017 | $6,886 +2.8% | $357,500 +15% |
| 2016 | $6,701 +11.4% | $311,000 |
| 2015 | $6,014 -4.7% | $311,000 +15% |
| 2014 | $6,311 +31.1% | $270,500 |
| 2013 | $4,814 -8.6% | $270,500 -10% |
| 2012 | $5,269 -1.8% | $300,500 -5.1% |
| 2011 | $5,367 +8.2% | $316,500 -5.1% |
| 2010 | $4,962 -11.5% | $333,500 -9.9% |
| 2009 | $5,605 +49.2% | $370,300 +36.8% |
| 2006 | $3,757 +10.7% | $270,700 +15% |
| 2005 | $3,394 +15.7% | $235,400 +15% |
| 2004 | $2,934 +13% | $204,700 +12% |
| 2002 | $2,596 -66.1% | $182,800 |
| 2001 | $7,659 | -- |
Find assessor info on the county website
Monthly payment
Estimated market value
$581,300
$552,000 - $610,000
$2,766/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.