MN > Minneapolis > Eastlawn Add
Minneapolis, MN 55411,1639 Russell AVE N
Minneapolis, MN 55411,1639 Russell AVE N
Minneapolis, MN 55411,1639 Russell AVE N
17
See all 17 photos
$284,900
Est. payment /mo
Save
2,288 SqFt
Active

1639 Russell AVE N Minneapolis, MN 55411

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
17
May
Sun
18
May
Mon
19
May
Fiorella Group

Fiorella Group

+1(612) 388-8186

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $124

Subdivision Eastlawn Add

MLS Listing ID 6690850

Year Built 1925

Annual Tax Amount $4,318

Tax Year 2024

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions irregular

Property Sub-Type Duplex Up and Down

Property Description

This charming up/down duplex in North Minneapolis is a prime investment opportunity with a strong rental history and a Tier 1 rental license. It's also a great option for an owner-occupant, allowing you to live in one unit while the tenant helps pay toward your investment.
Upgrades include exterior paint in 2024, bathrooms and bathroom windows 2015, and a roof replacement 2011. Additional features include stainless steel appliances, original hardwood floors, and built-in hutches which provide additional charm and functional storage.
Each unit has separate electric and boiler systems, while the owner covers trash, water, and sewer. The coin-operated laundry in the basement offers additional income potential. This property generated $1,575 per month for the main level and $1,500 per month for the upper unit, totaling $3,075 in rental income. With consistent cash flow, modern updates, timeless character, and a top-tier rental license, this duplex is a fantastic opportunity for investors or owner-occupants alike.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full, Unfinished

Interior

Heating Boiler, Hot Water

Fireplace No

Exterior

Parking Features Gravel, Open

Roof Type Age Over 8 Years,Asphalt

Building

Story Two

Foundation 1144

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone,Stucco

New Construction false

Schools

School District Minneapolis

Listed by Kristy Burau • Coldwell Banker Realty

GET MORE INFORMATION

agent

Fiorella Group

Broker Associate | License ID: 40551269

+1(612) 388-8186

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Fiorella Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

1639 Russell AVE N

QUICK SEARCH
There are 58 quick searches