2507 1st Ave S Minneapolis, MN 55404
Whittier NeighborhoodEstimated payment $3,419/month
Highlights
- New Construction
- Forced Air Heating System
- 5-minute walk to Washburn Fair Oaks Park
- Front Porch
About This Home
Located just two blocks from the Minneapolis Institute of Art and blocks from Eat Street’s vibrant dining scene, with easy access to I-94, I-35W, Lake of the Isles, and downtown Minneapolis, this is a rare opportunity in an unbeatable urban location. Rare, new construction that is located in a historic district. Unique and thoughtful custom designed front/back duplex. Live in one side, rent one out or own a premier rental property with little maintenance. 2 individual units, each unit offering a modern, low-maintenance lifestyle, with additional investment potential. Both units feature an open-concept layout, sleek finishes, stainless steel appliances, and a quartz center island. Set up is ideal for everyday living and entertaining. Thoughtfully designed with 2 generous bedrooms on the second level of each along w/ full bath, laundry & walk-in closets. Additional main-level 3/4 bathroom offers a 2nd shower for the unit. Large windows that allow the space to fill with natural light. Central air, separate utilities, and a large two-car garage round out the essentials.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,184
Year Built
- Built in 2024 | New Construction
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,800 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating System
- 100 Amp Service
Additional Features
- Front Porch
- Lot Dimensions are 126x34
Community Details
- 2 Units
- Geo Galpins Add Subdivision
Listing and Financial Details
- The owner pays for insurance, grounds care, snow removal, taxes, trash collection
- Assessor Parcel Number 3402924130075
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 |
|---|---|---|---|---|
| 2024 | $1,484 | $74,000 | $74,000 | -- |
| 2023 | $1,184 | $74,000 | $74,000 | $0 |
| 2022 | $1,124 | $74,000 | $74,000 | $0 |
| 2021 | $1,049 | $64,200 | $64,200 | $0 |
| 2020 | $1,135 | $64,200 | $64,200 | $0 |
| 2019 | $1,166 | $64,200 | $64,200 | $0 |
| 2018 | $1,178 | $64,200 | $64,200 | $0 |
| 2017 | $1,095 | $58,400 | $58,400 | $0 |
| 2016 | $1,129 | $58,400 | $58,400 | $0 |
| 2015 | $1,185 | $58,400 | $58,400 | $0 |
| 2014 | -- | $51,500 | $51,500 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/13/2025 09/13/25 | Price Changed | $628,000 | -3.4% | $224 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $650,000 | -3.7% | $232 / Sq Ft |
| 07/10/2025 07/10/25 | For Sale | $675,000 | -- | $241 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Commissioners Deed | -- | -- | |
| Warranty Deed | $112,000 | Executive Title | |
| Warranty Deed | $67,500 | Watermark Title Agency Llc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $99,900 | -- | |
| Warranty Deed | $60,000 | -- | |
| Warranty Deed | $90,000 | -- | |
| Warranty Deed | $105,000 | -- | |
| Deed | $90,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | No Value Available |
Source: NorthstarMLS
MLS Number: 6657670
APN: 34-029-24-13-0075
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