$330,000
SOLD DEC 5, 2024
6 Beds
2 Baths
2,197 Sq Ft
1910 Built

Recently Sold

$150 Per Sq Ft

2% Above List Price

1 Day on Market

About This Home

As of December 2024

Welcome to 1512 Adams Street NE, a duplex full of potential located in the vibrant heart of Northeast Minneapolis. This 6-bedroom, 2-bathroom property offers a great opportunity for owner-occupants or investors willing to put in some work. With 3 bedrooms and 1 bathroom in each unit, both spread across two levels with separate entrances and spacious layouts, this property has plenty of room to create a comfortable space tailored to your needs. Unit 1 offers additional space with a large entry area that could function as a cozy great room or be reimagined with a little rehab work.

Though the property would benefit from updates and cosmetic improvements, it retains some of its original 1910 charm with wood trim details and unique architectural elements throughout. The oversized, detached 2-car garage is a standout feature—offering space for parking, storage, or a future workshop/studio that aligns perfectly with the creative energy of Northeast Minneapolis.

Located near popular local spots like Grumpy’s, Fair State Brewing, The Sample Room, and Tattersall Distilling, this duplex offers proximity to everything Northeast has to offer. Whether you plan to live in one unit and rent the other, or lease both, this property provides flexibility and the chance to build value over time.

Last Agent to Sell the Property

Anna Elder

Keller Williams Realty Integrity Lakes Listed on: 10/23/2024

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

James Faillettaz

Keller Williams Premier Realty

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,152

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 35x130
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,197 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Shared Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Hot Water Heating System

Community Details

  • 2 Units
  • Mcmillans Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1402924120083

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,152

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Common Laundry
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 2197
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Shared Access, Unfinished
  • Living Area: 2197
  • Basement YN: Yes
  • FamilyRoomRoomFeatures: Family Room
  • Total Rooms: 8
  • Amenities: Historic/Period Millwork
  • Total Rooms: 7
  • FamilyRoomRoomFeatures: Family Room

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Chain Link
  • Neighborhood: Logan Park

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 528

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 35x130
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1402924120083
  • Tax Annual Amount: 6152
  • TaxWithAssessments: 12556.9400

Multi Family

  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Jan 9, 2025
Sold by
Ekahi Llc
Bought by
Shapiro Sam
Seller's Agent
Anna Elder
Keller Williams Realty Integrity Lakes
Buyer's Agent
James Faillettaz
Keller Williams Premier Realty
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
Views
14
Current Estimated Value
$336,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,501
Avg. Annual Appreciation
2.32%

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 5, 2024
Sold by
Oftelie Kathryn
Bought by
Ekahi Llc
Seller's Agent
Anna Elder
Keller Williams Realty Integrity Lakes
Buyer's Agent
James Faillettaz
Keller Williams Premier Realty
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
Views
14

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 3, 2024
Sold by
Lent Mark S and Lent Sandra M
Bought by
Oftelie Kathryn
Seller's Agent
Anna Elder
Keller Williams Realty Integrity Lakes
Buyer's Agent
James Faillettaz
Keller Williams Premier Realty
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
Views
14
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $500 Land Title
Deed $330,000 --
Quit Claim Deed $500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2024 12/05/24 Sold $330,000 +1.5% $150 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $325,000 -- $148 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

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
2024 $13,672 $389,000 $132,000 $257,000
2023 $12,567 $391,000 $129,000 $262,000
2022 $6,212 $366,000 $117,000 $249,000
2021 $5,624 $364,000 $64,000 $300,000
2020 $5,580 $342,500 $37,500 $305,000
2019 $5,214 $314,000 $25,000 $289,000
2018 $4,746 $285,500 $25,000 $260,500
2017 $4,223 $223,500 $22,700 $200,800
2016 $3,931 $201,500 $22,700 $178,800
2015 $3,586 $168,000 $22,700 $145,300
2014 -- $152,500 $22,700 $129,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6616742

NorthstarMLS

APN: 14-029-24-12-0083