NOT LISTED FOR SALE

1040 13th Ave SE Minneapolis, MN 55414

Como Neighborhood

Estimated Value: $553,508

8 Beds
4 Baths
3,220 Sq Ft
$172/Sq Ft Est. Value

About This Home

Rare Cash-Flow Opportunity with 3.375% Assumable Financing option! This updated side-by-side duplex in SE Minneapolis has been refreshed and is ready for your portfolio. Both units feature renovated kitchens, updated finishes, and fresh paint throughout. Unit 1040: Currently leased through August, 2026 at $1,900/mo. Unit 1042: Vacant and move-in ready (prior rent $2,400/mo). Upside exists for an owner-occupant looking to house-hack or an investor seeking stable, high-yield returns near the U of M. Showings: 1042 (vacant) available for first showings; 1040 (occupied) available for second showings. Updates: Asphalt roof replaced (2023), flat roof replaced (2024), new decking (2024), 1040 side new furnace (2025), 1040 side new water heater (2025), 1042 side new furnace (2021), 1042 side new water heater (2021), 1040 side new washer/dryer (2024).

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2023
Sold by
Engstrum Joseph and Lee Jae H
Bought by
Current Estimated Value
$553,508

Purchase Details

Closed on
Mar 31, 2022
Sold by
Gopher House Llc
Bought by
Engstrum Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,643
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2022
Sold by
Gopher House Llc
Bought by
Engstrum Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,643
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2018
Sold by
Takshila Llc
Bought by
Gopher House Llc

Purchase Details

Closed on
Sep 8, 2017
Sold by
Agarwal Nitin and Gupta Ruchi
Bought by
Takshila Llc

Purchase Details

Closed on
Jun 22, 2017
Sold by
Stern Rentals U Of M Llc
Bought by
Gupta Nitin and Gupta Ruchi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2011
Sold by
1309 8Th St Llc
Bought by
Stern Rentals U Of M Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.91%
Mortgage Type
Unknown

Purchase Details

Closed on
May 11, 2010
Sold by
1309 8Th St Llc
Bought by
Stem Rentals Vofm Llc

Purchase Details

Closed on
Mar 30, 1999
Sold by
Peterson Gene S and Peterson Carol L
Bought by
Harmsen Karen L and Harmsen Tim
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Como, MN

  • Steve Casalenda Real Estate Agent - RE/MAX Results

    Steve Casalenda

    Responds Quickly

    RE/MAX Results

    (612) 441-3215

    154 Total Sales

    1 in Como

    $334,900 Price

    Steve Casalenda
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  • Osborne Strickland Real Estate Agent - City of Lakes Community Realty

    Osborne Strickland

    City of Lakes Community Realty

    (763) 878-7219

    56 Total Sales

    1 in Como

    $325,000 Price

    Osborne Strickland
     Section Image
  • Matthew Austinson Real Estate Agent - Keller Williams Premier Realty

    Matthew Austinson

    Keller Williams Premier Realty

    (715) 553-5291

    87 Total Sales

    1 in Como

    $365,000 Price

    Matthew Austinson
     Section Image
  • Han Zhong Real Estate Agent - Keller Williams Classic Realty

    Han Zhong

    Keller Williams Classic Realty

    (763) 324-9479

    154 Total Sales

    1 in Como

    $240,000 Price

    Han Zhong
     Section Image
  • Yang Fan Real Estate Agent - Bridge Realty, LLC

    Yang Fan

    Bridge Realty, LLC

    (833) 313-7517

    59 Total Sales

    1 in Como

    $247,000 Price

    Yang Fan
     Section Image
  • Cindy Carlson Real Estate Agent - Edina Realty, Inc.

    Cindy Carlson

    Edina Realty, Inc.

    (612) 445-3938

    210 Total Sales

    1 in Como

    $150,000 Price

    Cindy Carlson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Engstrum Joseph $550,000 --
Engstrum Joseph $550,000 The Title Company
Gopher House Llc $469,000 Minnesota Title
Takshila Llc -- Siena Title
Gupta Nitin $395,000 Siena Title
Stern Rentals U Of M Llc $385,000 --
Stem Rentals Vofm Llc $385,000 --
Harmsen Karen L $200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $531,643
Previous Owner Gupta Nitin $296,250
Previous Owner Stern Rentals U Of M Llc $292,500
Previous Owner 1309 8Th St Llc $255,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/22/2026 04/22/26 Price Changed $550,000 -2.7% $171 / Sq Ft
02/13/2026 02/13/26 For Sale $565,000 -- $175 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,333 $484,700 $118,000 $366,700
2024 $8,806 $529,000 $118,000 $411,000
2023 $7,198 $542,000 $118,000 $424,000
2022 $8,036 $475,000 $83,000 $392,000
2021 $7,326 $473,000 $76,000 $397,000
2020 $7,698 $448,500 $82,100 $366,400
2019 $7,332 $435,500 $54,700 $380,800
2018 $6,207 $396,000 $54,700 $341,300
2017 $6,358 $303,000 $49,700 $253,300
2016 $5,860 $303,000 $49,700 $253,300
2015 $6,149 $303,000 $49,700 $253,300
2014 -- $303,000 $49,700 $253,300
Source: Public Records

Agents Affiliated with this Home

  • Joshua Pettersen Real Estate Agent - Pemberton RE

    Seller's Agent in 2026

    Joshua Pettersen

    Pemberton RE

    (612) 670-8219

    1 in this area

    117 Total Sales

    Joshua Pettersen
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Map

Minnesota Hennepin County Minneapolis 55414 Como

1040 13th Ave SE, Minneapolis, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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