671 Spring ST NE, Minneapolis, MN 55413
671 Spring ST NE, Minneapolis, MN 55413
671 Spring ST NE, Minneapolis, MN 55413
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$360,000
Est. payment /mo
2 Beds
2 Baths
1,531 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,531 sqft

Price per Sqft $235

Subdivision Sibley Add To St Anth

MLS Listing ID 7094390

Bedrooms 2

Year Built 1900

Annual Tax Amount $1,111

Tax Year 2026

Contingent None

Lot Size 2242.000 Acres

Lot Dimensions 28x80

Property Sub-Type Duplex Up and Down

Property Description

Rare opportunity to own a cash-flowing Northeast duplex with reduced taxes (only $1,111.50!) and built-in rent growth. Ideal for both owner-occupants and investors, with a flexible layout featuring a 1-bedroom upper unit with a non-conforming 2nd bedroom in the attic and 1-bedroom main-level unit.

Current rents provide solid cash flow with built-in annual increases, while the City of Minneapolis 4D program delivers meaningful tax savings for the next two years. Owner-occupants can offset their mortgage by renting one unit, while investors benefit from stable, predictable income in a high-demand Northeast location. Opportunity to increase value over time as 4D program restrictions expire.

Property includes a 1-car garage and is well positioned steps from the best of Northeast. Walking distance to coffee shops (Dogwood Coffee, Spyhouse Coffee Roasters), breweries (Bauhaus Brew Labs, Earl Giles, Indeed Brewing Company, Sociable Cider Works), restaurants (Centro, Chimborazo, Sample Room, Stanley's Northeast Bar Room), and more. Walk to Logan Park and Beltrami Park, with easy access to Boom Island's riverfront trails.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace No

Laundry In Basement, Laundry Room

Exterior

Parking Features Attached Garage

Garage Spaces 1.0

Pool None

Roof Type Age 8 Years or Less,Asphalt

Building

Story Two

Foundation 684

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Minneapolis


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Listed by Eda Rivers • Compass

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Tamara Burch

Tamara Burch

+1(612) 360-3060

Agent | License ID: 40540821

Agent License ID: 40540821

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671 Spring ST NE