Home for Sale in Minneapolis
1639 Russell N Avenue
Minneapolis, MN 55411
Property Details
No. of Units
2
Year Built
1925
Square Feet
2,288
Acres
0.12
2024 Property Taxes
$4,318
School District
Minneapolis
County
Hennepin
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.
Unit Information
Unit 1
Unit 2
Features
Heating
Boiler,Hot Water
Sewer
City Sewer/Connected
Water
Public
Additional Info
Listed By
Kristy Burau of Coldwell Banker Realty
Listed
03/25/25 and last updated 04/15/25

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