Home for Sale in Minneapolis
319 Vincent N Avenue
Minneapolis, MN 55405
Property Details
No. of Units
2
Year Built
1914
Square Feet
4,581
Acres
0.17
2025 Property Taxes
$8,763
School District
Minneapolis
County
Hennepin
**Multiple Offers- highest and best due Monday at 6:00pm*** Incredible Investment Opportunity with Assumable 2.25% Mortgage! This charming, fully updated up/down duplex offers both immediate cash flow and long-term upside—perfect for savvy investors. Take advantage of an ultra-low assumable mortgage rate (for qualified buyers) and save hundreds each month on interest while your tenants cover the mortgage. The property features two spacious, sun-filled units, each with 3 bedrooms, 1 bathroom, large kitchens, formal dining rooms, walk-in closets, mudrooms, in-unit laundry, and ample storage. Both units have been tastefully updated while preserving vintage charm, and offer private outdoor space surrounded by mature landscaping. With layouts that live like a single-family home, this duplex attracts high-quality tenants and commands strong rents. Currently generating $4,645/month in gross rental income, the lower unit rents for $2,495 and will be available July 1, providing owner-occupant flexibility or the chance to increase rents. The upper unit is rented at $2,150/month through August 1, with no intent to vacate. The landlord pays all utilities except electric and internet, keeping overhead predictable and manageable. For investors seeking added value, the dry, clean basement with full-height ceilings offers potential to expand the lower unit by adding bedrooms and bathrooms. The oversized detached garage (currently used for storage) also presents an opportunity to convert into an ADU, further increasing income. Located in a quiet, high-end residential pocket across from Theo Wirth Parkway, with quick access to downtown, bike trails, and major highways—this is a wonderful Bryn-Mawr neighborhood with strong appreciation potential.
Unit Information
Unit 1
Unit 2
Features
Heating
Boiler
Sewer
City Sewer/Connected
Water
Public
Additional Info
Listed By
Maria Palmer of Edina Realty, Inc.
Listed
04/29/25 and last updated 05/13/25

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