$345,000
SOLD JAN 3, 2025
4 Beds
2 Baths
2,736 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

9% Below List Price

59 Days on Market

About This Home

As of January 2025

Charming up/down duplex in the heart of the Arts District of Northeast Minneapolis in the sought- after Logan Park neighborhood! Whether you're looking to owner occupy a duplex or for strictly an investment property, this duplex offers incredible flexibility. The lower unit is month to month and occupant would like to stay, while the upper unit boasts a secured lease through June of 2025, providing stable income potential. Each unit enjoys access to a shared basement featuring partially finished bonus room, dedicated storage spaces and separate washer/dryers, furnaces, water heaters, and electrical panels for ultimate convenience. Plus, there's a detached garage! With its prime location and attractive features, this is a must see opportunity in Northeast Mpls.

Last Agent to Sell the Property

Kathi Vetter

RE/MAX Results

RE/MAX Results

Co-Listed By

Shawna Joyce

RE/MAX Results

Last Buyer's Agent

Ryan Kowalski

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,973

Year Built

  • Built in 1960

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress

Additional Features

  • Lot Dimensions are 40x129
  • Forced Air Heating System

Community Details

  • 2 Units
  • Mcmillans Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 1402924120067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,973

Year Built

Built in 1960

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: 1960
  • Above Grade Finished Sq Ft: 1824
  • Water Sewer Expenses: 2100
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Egress Window(s), Full, Storage Space
  • Living Area: 2736
  • Below Grade Finished Sq Ft: 912
  • Owner Pays: Sewer, Trash Collection
  • Basement YN: Yes
  • Appliances: Range
  • FamilyRoomRoomFeatures: Family Room
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Appliances: Range
  • Total Rooms: 5
  • Number Of Fireplaces: 0
  • FamilyRoomRoomFeatures: Family Room

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Neighborhood: Logan Park

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: One Per Unit

Schools

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

Lot Info

  • Lot Size: 40x129
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1402924120067
  • Tax Annual Amount: 5973
  • TaxWithAssessments: 5973.0000

Multi Family

  • TenantPays: Electricity, Gas
  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Jan 3, 2025
Sold by
Conover Robert and Conover Jane Alice
Bought by
Gardner Jackson
Seller's Agent
Kathi Vetter
RE/MAX Results
Buyer's Agent
Ryan Kowalski
Real Broker, LLC
List Price
$379,900
Sold Price
$345,000
Premium/Discount to List
-$34,900
-9.19%
Total Days on Market
59
Views
26
Current Estimated Value
$343,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,932
Avg. Annual Appreciation
4.75%
Original Mortgage
$280,000
Outstanding Balance
$279,756
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$70,729

Purchase Details

Closed on
Apr 25, 2005
Sold by
Deutsche Bank Ameriquest Mtg
Bought by
Conover Robert

Purchase Details

Closed on
Feb 25, 1999
Sold by
Va
Bought by
Bankers Trust Co Of California N A and Countrywide Home Loans

Purchase Details

Closed on
Nov 30, 1998
Sold by
Va
Bought by
Lueck William K

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Minneapolis, MN

  • 3345 31st Ave S, Minneapolis, MN 55406

    $390,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 3345 31st Ave S
    • Minneapolis, MN

    Classic up/down duplex with all plumbing, gas systems, floors and kitchen cabinets updated. All bathrooms remodeled. Both units share laundry in the basement. First floor unit is 1 bed/1 bath. Second floor unit is 2 bed/1 bath.

    Melissa Clawson eXp Realty

    Section Image
  • 1622 Washington St NE, Minneapolis, MN 55413

    $405,000

    • 5 Beds
    • 2 Baths
    • 2,426 Sq Ft
    • 1622 Washington St NE
    • Minneapolis, MN

    Large Up/Down duplex in high-demand Minneapolis rental area! This spacious up/down duplex is located in a highly sought-after rental area in Minneapolis. It features a 2-car garage and off-street parking, making it convenient for residents and their guests. Separate utilities and in-unit washer and dryer provide added convenience and privacy for tenants. The partially fenced-in yard offers a

    Addie Prahl Premier Choice Realty

    Section Image
  • 1614 3rd St NE, Minneapolis, MN 55413

    $425,000

    • 4 Beds
    • 2 Baths
    • 1,920 Sq Ft
    • 1614 3rd St NE
    • Minneapolis, MN

    Classic Northeast stucco duplex in Sheridan. Super clean building filled vintage charm and nice updates. Beautiful hardwoods, wonderful large front porches, updated kitchens. With newer forced air heat and central a/c both units. Sweet new post and beam overhang in back. Set on an oversized lot with driveway, this is a rare opportunity in an excellent location in the NE Arts District. Perfect for

    Jim Dropps Northeast Real Estate Group

    Section Image
  • 1619 2nd St NE, Minneapolis, MN 55413

    $310,000

    • 4 Beds
    • 2 Baths
    • 1,916 Sq Ft
    • 1619 2nd St NE
    • Minneapolis, MN

    Welcome to 1619 2nd Street NE, a beautifully maintained duplex nestled in the sought-after Sheridan neighborhood of Northeast Minneapolis! This delightful property boasts two refreshed units, each offering two spacious bedrooms and one bathroom. Both the main-floor and upper-level units are move-in ready and currently vacant, presenting an ideal opportunity for owner-occupancy or rental income.

    Paul Begich Compass

    Section Image
  • 1208 University Ave NE, Minneapolis, MN 55413

    $399,000

    • 5 Beds
    • 2 Baths
    • 2,582 Sq Ft
    • 1208 University Ave NE
    • Minneapolis, MN

    Large all brick up and down duplex located in prime NE Minneapolis location, steps from Minari, NIXTA/Oro, Vinai, Young Joni and Diane's Place. Upper unit is two-level with 3 bedrooms, den and large family room or 4th bedroom. Awesome huge rear deck. Main floor freshly painted including updated kitchen flooring. Partially finished lower level with lots of potential. Large lot. Conveniently

    Tim Mershon Northeast Realty LLC

    Section Image
  • 1507 Main St NE, Minneapolis, MN 55413

    $335,000

    • 2 Beds
    • 2 Baths
    • 1,468 Sq Ft
    • 1507 Main St NE
    • Minneapolis, MN

    Welcome to this nicely updated all brick duplex in the NE Arts District. Nice and clean units with updated kitchens and baths, hardwoods floors, and newer appliances. Front and back porches, forced air furnaces, updated electrical panels. Set on an excellent oversized lot with off street parking and a great yard. Wonderful location in Sheridan, steps to the river and the restaurants, shops, and

    Jim Dropps Northeast Real Estate Group

    Section Image
  • 1006 22nd Ave NE, Minneapolis, MN 55418

    $379,000

    • 2 Beds
    • 2 Baths
    • 1,796 Sq Ft
    • 1006 22nd Ave NE
    • Minneapolis, MN

    Rare, owner-occupant opportunity in NE MPLS! Immaculate two-story duplex rarely on the market in over 60 years. Previous owners' family had it for over 50 years, and current owners have been living in it and caring for it for the last 12 years. Both upper and lower units boast a large eat-in kitchen with walk-in pantry, separate formal dining room, living room, and sizable bedroom. Upper unit has

    Jen Cash Verve Realty

    Section Image
  • 2538 Jefferson St NE, Minneapolis, MN 55418

    $424,900

    • 4 Beds
    • 2 Baths
    • 2,130 Sq Ft
    • 2538 Jefferson St NE
    • Minneapolis, MN

    Historic Northeast Minneapolis Duplex – Unbeatable Charm with Vibrant PotentialA rare opportunity in the heart of Northeast Minneapolis’ Holland neighborhood, this 1916 duplex has been owned by only its second owner. Being owner-occupied its entire life, ensures it has been lovingly maintained and kept in excellent condition. The unfinished attic and basement offer endless possibilities for

    Adrianna Lonick Coldwell Banker Realty

    Section Image
  • 1611 Grand St NE, Minneapolis, MN 55413

    $399,900

    • 5 Beds
    • 2 Baths
    • 1,982 Sq Ft
    • 1611 Grand St NE
    • Minneapolis, MN

    Charming NE Minneapolis Duplex! Centrally located and just steps away from some of the area’s best restaurants, coffee shops, and entertainment, this well-maintained duplex offers the perfect blend of charm and opportunity. With just under 2,000 sqft, this owner-occupied property features great updates, including a newer furnace and new kitchen flooring in the main level unit. This Arts District

    Freddy Jara Coldwell Banker Realty

    Section Image

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
Warranty Deed $345,000 Stewart Title Company
Warranty Deed $345,000 Stewart Title Company
Warranty Deed $243,000 --
Warranty Deed $97,032 --
Deed $108,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Closed $280,000 New Conventional
Previous Owner $171,712 New Conventional
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $345,000 -9.2% $126 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
09/21/2024 09/21/24 For Sale $379,900 -- $139 / Sq Ft
Source: NorthstarMLS

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 $5,973 $346,000 $130,000 $216,000
2022 $5,666 $326,000 $109,000 $217,000
2021 $4,722 $306,000 $58,000 $248,000
2020 $4,685 $289,000 $40,700 $248,300
2019 $4,375 $265,000 $27,100 $237,900
2018 $3,980 $241,000 $25,000 $216,000
2017 $3,533 $188,500 $22,700 $165,800
2016 $3,645 $188,500 $22,700 $165,800
2015 $3,186 $157,000 $22,700 $134,300
2014 -- $142,500 $22,700 $119,800
Source: Public Records

Source: NorthstarMLS

MLS Number: 6604334

NorthstarMLS

APN: 14-029-24-12-0067