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$ 519,000
Est. payment | /mo
6 Beds
4 Baths
2,729 SqFt
$ 519,000
Est. payment | /mo
6 Beds
4 Baths
2,729 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 2,729 sqft
Price per Sqft $190
Subdivision Columbia Heights Add
MLS Listing ID 7149871
Bedrooms 6
Year Built 1963
Annual Tax Amount $6,097
Tax Year 2026
Contingent None
Lot Size 5,662 Sqft
Lot Dimensions 45.00 X 123.00
Property Sub-Type Duplex Side by Side
Property Description
Prime Northeast Minneapolis Duplex Investment!
This turnkey, 100% leased side-by-side duplex offers robust, stable cash flow in a high-demand rental market.
• The Property: Spacious side-by-side layout with 1,364 finished sq. ft. per side.
• The Income: Strong gross rent of $4,965/month ($59,580 annually).
• Guaranteed Revenue: Unit 566 is backed by MPHA rental assistance (approx. $1,976/mo / $23,712 annualized).
• The Location: Quiet neighborhood within walking distance to Columbia Parkway, 2 miles to top NE bars/restaurants, and • Portfolio Option: Located at 566 & 568 37th Ave NE, this is part of a portfolio with 2549 11th Ave S (MLS 7149877). Properties can be sold individually.
Please review the Offering Memorandum for additional details.
This turnkey, 100% leased side-by-side duplex offers robust, stable cash flow in a high-demand rental market.
• The Property: Spacious side-by-side layout with 1,364 finished sq. ft. per side.
• The Income: Strong gross rent of $4,965/month ($59,580 annually).
• Guaranteed Revenue: Unit 566 is backed by MPHA rental assistance (approx. $1,976/mo / $23,712 annualized).
• The Location: Quiet neighborhood within walking distance to Columbia Parkway, 2 miles to top NE bars/restaurants, and • Portfolio Option: Located at 566 & 568 37th Ave NE, this is part of a portfolio with 2549 11th Ave S (MLS 7149877). Properties can be sold individually.
Please review the Offering Memorandum for additional details.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Finished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features On-Street Parking Only
Building
Story Two
Foundation 1491
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Listed by Bradley Edlefsen • Edina Realty, Inc.
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