1121 Douglas Ave Minneapolis, MN 55403
Lowry Hill NeighborhoodEstimated payment $5,482/month
Highlights
- 1 Car Attached Garage
- Property is Fully Fenced
- 2-minute walk to Thomas Lowry Park
- Guest Parking
About This Home
Elegant and well-maintained Lowry Hill duplex. Great outdoor spaces, including patio and balconies. Each unit has an auxiliary apartment with kitchen and bath. Currently, all four spaces are used for short-term rentals and generate over $100,000 in rental income annually. Wonderful location, with easy access to downtown, Uptown, Lake of the Isles, area parks, transit, shopping, entertainment, and dining. A new roof was installed in October 2023. New Furnace
This house offers approximately 5,500 square feet of living space with seven bedrooms and five bathrooms and provides ample space and privacy.
The home features a spacious layout with a focus on functionality. The primary bedroom offers a private retreat, while the additional six bedrooms provide flexibility for a variety of uses. The five bathrooms ensure convenience and comfort for all occupants.
The expansive lot size allows for a range of outdoor activities and exploration.
The home's design and amenities are intended to accommodate a variety of living needs and preferences. Prospective buyers are encouraged to thoroughly inspect the property and consult with relevant professionals to assess its suitability for their specific requirements.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 612-750-0035 Listed on: 05/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,026
Year Built
- Built in 1908
Parking
- 1 Car Attached Garage
- Guest Parking
Home Design
- Duplex
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Finished Basement
- Partial Basement
- Basement Window Egress
Additional Features
- Property is Fully Fenced
- Boiler Heating System
Community Details
- 2 Units
- Groveland Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 2802924430020
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2023 | $13,440 | $816,000 | $257,000 | $559,000 |
| 2022 | $13,335 | $759,000 | $261,000 | $498,000 |
| 2021 | $12,275 | $759,000 | $289,000 | $470,000 |
| 2020 | $13,251 | $722,500 | $214,900 | $507,600 |
| 2019 | $13,607 | $722,500 | $204,600 | $517,900 |
| 2018 | $11,941 | $722,500 | $204,600 | $517,900 |
| 2017 | $11,092 | $592,000 | $186,000 | $406,000 |
| 2016 | $10,891 | $564,000 | $186,000 | $378,000 |
| 2015 | $10,869 | $537,000 | $186,000 | $351,000 |
| 2014 | -- | $467,000 | $175,400 | $291,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | For Sale | $825,000 | -- | $154 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $685,000 | -- | |
| Warranty Deed | $555,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $407,400 | Credit Line Revolving |
Source: NorthstarMLS
MLS Number: 6718169
APN: 28-029-24-43-0020
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