Property Listing
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!
Property Information
Status: Active
Sub Type: ********
List Price: $269,900
MLS#: 6741145
Current Price: $269,900
Address: 1429 Logan Avenue N, Minneapolis, MN 55411
City: Minneapolis
State: MN
Postal Code: 55411
Geo Lat: 44.994007
Geo Lon: -93.303555
Subdivision:
County: Hennepin
Property Description
Year Built: 1912
Lot Size SqFt: 5227.2
Gen Tax: 4578
Specials Inst: 0
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 2912
Style: Array
Total Bedrooms: 6
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 1
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: