Well-maintained, fully occupied duplex in a prime University of Minnesota location offering immediate cash flow and strong long-term investment potential. Both units are leased with a current gross rental income of $3,325 per month ($39,900 annually). The property has a solid operating history, stable tenants, and presents an excellent opportunity for investors seeking a turnkey rental. Future upside exists through cosmetic updates and potential rent growth while benefiting from immediate income from day one. Conveniently located near the University of Minnesota, public transportation, restaurants, and shopping.
Active
$409,900
808 9th Ave SE, Minneapolis, MN 55414
6beds
2baths
2,079sqft
Duplex Up and Down
Built in 1989
-- sqft lot
$405,200 Zestimate®
$197/sqft
$-- HOA
What's special
- 27 days
- 272
- 16
Zillow last checked:
Listing updated:
Listed by:
Al Theisen 612-616-0198,
Coldwell Banker Realty - Southwest Regional,
Taya A Rotering 952-844-6000
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7120659
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Radiant
Appliances
- Laundry: Common Area, Coin-op Laundry Owned
Features
- Basement: Block,Finished
Interior area
- Total structure area: 2,079
- Total interior livable area: 2,079 sqft
- Finished area above ground: 2,079
- Finished area below ground: 0
Property
Parking
- Parking features: Paved Lot
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
Lot
- Size: 2,178 Square Feet
- Dimensions: 42.5 x 50
Details
- Foundation area: 1039
- Parcel number: 2402924240136
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Electric
- Sewer: City Sewer - In Street
- Water: City Water - In Street
Community & HOA
Community
- Subdivision: Clara E Fuller Add
HOA
- Amenities included: Laundry, Coin-op Laundry Owned, Other
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $294,500
- Annual tax amount: $5,592
- Date on market: 8/3/2026
- Tenant pays: Broadband, Cable TV, Electricity
Estimated market value
$405,200
$385,000 - $425,000
$2,084/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Listed for sale | $409,900+3.8%$197/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7120659 Report a problem | ||
| 8/6/2025 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2025 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/30/2025 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/13/2025 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/7/2022 | Sold | $395,000+2.6%$190/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6149616 Report a problem | ||
| 2/12/2022 | Pending sale | $385,000$185/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6149616 Report a problem | ||
| 2/6/2022 | Listed for sale | $385,000$185/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6149616 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,982 +8% | $294,500 -10.2% |
| 2024 | $5,540 +19.3% | $328,000 |
| 2023 | $4,644 -5.4% | $328,000 +15.1% |
| 2022 | $4,907 +3.9% | $285,000 -0.2% |
| 2021 | $4,723 +0.7% | $285,500 |
| 2020 | $4,692 -0.7% | $285,500 +9% |
| 2019 | $4,723 +0.7% | $262,000 |
| 2018 | $4,692 -2% | $262,000 +5.2% |
| 2017 | $4,787 +1.1% | $249,000 +11.2% |
| 2016 | $4,735 +7.6% | $224,000 |
| 2015 | $4,400 -4.7% | $224,000 +0.2% |
| 2014 | $4,616 -7.4% | $223,500 |
| 2013 | $4,984 -7.5% | $223,500 -10.1% |
| 2012 | $5,388 -0.4% | $248,500 -5% |
| 2011 | $5,411 +10.1% | $261,500 -3.7% |
| 2010 | $4,913 -10.8% | $271,500 -10% |
| 2009 | $5,510 +11.4% | $301,600 +8.4% |
| 2006 | $4,944 +8.8% | $278,300 +15% |
| 2005 | $4,543 +9.1% | $242,000 +15% |
| 2004 | $4,162 +10.1% | $210,500 +12% |
| 2002 | $3,780 -52% | $188,000 |
| 2001 | $7,874 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Marcy Holmes
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