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$ 269,900
Est. payment /mo
New
1429 Logan AVE N Minneapolis, MN 55411
1,908 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 1,908 sqft
Price per Sqft $141
MLS Listing ID 6741145
Year Built 1912
Annual Tax Amount $4,578
Tax Year 2025
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions irregular
Property Sub-Type Duplex Up and Down
Property Description
Own cheaper than rent! Excellent investment opportunity or ideal for an owner-occupant! This up/down duplex in North Minneapolis sits on a desirable corner lot and offers strong, consistent cash flow with income exceeding the 1% rule. The property holds a Tier 1 rental license and boasts a strong rental history, making it a smart addition to any portfolio.
The spacious main-level unit is vacant and move-in ready, featuring 3 bedrooms, 1 bathroom, and newly refinished hardwood flooring. It previously rented for $1,600/month and is ready to show immediately. The upper-level unit includes 3 bedrooms and 1 bathroom, currently rented month-to-month at $1,600/month. Each unit has separate utilities with the tenants paying their own gas and electric. Owner pays trash, water and sewer, and provides lawn care.
Recent updates include a new roof in 2024, fresh exterior paint in 2024, and new entry doors in 2025. A tuck-under one-car garage is great for extra storage along with the large unfinished basement. Whether you're looking to live in one unit and rent the other or fully lease both, this duplex has excellent income potential in a growing area!
The spacious main-level unit is vacant and move-in ready, featuring 3 bedrooms, 1 bathroom, and newly refinished hardwood flooring. It previously rented for $1,600/month and is ready to show immediately. The upper-level unit includes 3 bedrooms and 1 bathroom, currently rented month-to-month at $1,600/month. Each unit has separate utilities with the tenants paying their own gas and electric. Owner pays trash, water and sewer, and provides lawn care.
Recent updates include a new roof in 2024, fresh exterior paint in 2024, and new entry doors in 2025. A tuck-under one-car garage is great for extra storage along with the large unfinished basement. Whether you're looking to live in one unit and rent the other or fully lease both, this duplex has excellent income potential in a growing area!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Gravel, Asphalt
Garage Spaces 1.0
Roof Type Age 8 Years or Less
Building
Lot Description Corner Lot
Story Two
Foundation 1908
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
Listed by Kristy Burau • Coldwell Banker Realty