709 7th St SE Minneapolis, MN 55414
Marcy-Holmes NeighborhoodEstimated payment $2,481/month
Highlights
- No HOA
- Stainless Steel Appliances
- 3-minute walk to Elwell Park
- Covered Patio or Porch
- The kitchen features windows
About This Home
Character-filled Marcy-Holmes home offering space, flexibility, and an unbeatable location just steps from the University of Minnesota. This expansive residence features 6 bedrooms and 3 bathrooms, including five bedrooms on the second level and a finished third floor with an additional bedroom and generous family/flex space—an ideal layout for a variety of living arrangements. Inside, enjoy soaring ceilings, abundant natural light, and original hardwood floors throughout much of the home. The main level includes a bright living room, formal dining room, refreshed kitchen, bonus room, and 3⁄4 bath. The lower level offers laundry, additional 3⁄4 bath, and ample storage. Positioned in the heart of the U of M area near restaurants, shops, and transit, the property boasts exceptional walkability and access to campus and city amenities. Prior use supported both short and long-term rental with great cash flow and occupancy rates. A rare opportunity to own a spacious home in one of Minneapolis’ most sought-after locations.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,113
Year Built
- Built in 1900
Parking
- On-Street Parking
Home Design
- Block Exterior
Interior Spaces
- 2-Story Property
- Brick Fireplace
- Family Room with Fireplace
Kitchen
- Range
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Block Basement Construction
- Laundry in Basement
Utilities
- Window Unit Cooling System
- Radiator
- Boiler Heating System
- Gas Water Heater
Additional Features
- Covered Patio or Porch
- Lot Dimensions are 36x115
Community Details
- No Home Owners Association
- Auditors Sub 028 Subdivision
Listing and Financial Details
- Assessor Parcel Number 2402924230011
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 | $6,113 | $411,000 | $138,000 | $273,000 |
| 2023 | $5,691 | $436,000 | $133,000 | $303,000 |
| 2022 | $5,530 | $399,000 | $115,000 | $284,000 |
| 2021 | $5,337 | $399,000 | $115,000 | $284,000 |
| 2020 | $5,783 | $399,000 | $43,400 | $355,600 |
| 2019 | $5,957 | $399,000 | $41,400 | $357,600 |
| 2018 | $5,604 | $399,000 | $41,400 | $357,600 |
| 2017 | $4,789 | $311,000 | $37,600 | $273,400 |
| 2016 | $4,302 | $270,500 | $37,600 | $232,900 |
| 2015 | $4,517 | $270,500 | $37,600 | $232,900 |
| 2014 | -- | $239,500 | $34,400 | $205,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2026 03/06/26 | Price Changed | $375,000 | -6.2% | $122 / Sq Ft |
| 02/05/2026 02/05/26 | For Sale | $399,900 | -- | $131 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $311,250 | -- |
Source: NorthstarMLS
MLS Number: 7017753
APN: 24-029-24-23-0011
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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