For Sale Duplex MLS# 7091972

129 Arthur Avenue SE

Minneapolis, MN 55414

$474,900

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About 129 Arthur Avenue SE

Rare opportunity to own a classic up/down duplex in the heart of Minneapolis' highly sought-after Prospect Park neighborhood. Whether you're looking to offset your mortgage with rental income or add a strong-performing asset to your investment portfolio, this property offers outstanding flexibility and long-term potential. Filled with timeless character, both units feature impressive 9-foot ceilings, original hardwood flooring, beautiful wood built-ins, detailed millwork, and abundant natural light. The upper unit boasts a remodeled kitchen with stainless steel appliances, while additional spaces including a charming sunroom/porch, private balcony, unfinished third-floor attic, and expansive basement provide exceptional storage. Major mechanical updates include a boiler (2018), two water heaters (2020), and exterior painted (2026). A half-circle paver driveway accessible from the alley offers convenient off-street parking in addition to ample street parking. Located in one of Minneapolis' most desirable urban neighborhoods, this property is just blocks from the University of Minnesota, Green Line light rail, bus routes, parks, restaurants, coffee shops, and local retail. Easy access to I-35W and I-94 makes commuting throughout the Twin Cities a breeze. With strong rental demand, historic charm, and an unbeatable location, this Prospect Park duplex presents an exceptional opportunity for both investors and owner-occupants alike.

Property details

Property

Type
Duplex Up and Down
MLS type
Duplex
Status
Active
Year built
1908
Stories
More Than 2 Stories
Living area
2,530 sqft
Price / sqft
$188
Lot
0.12
Original price
$490,000
MLS #
7091972

Interior

Features
Boiler, Radiant, Lower Level, Laundry Room, Full, Unfinished
Heating
Boiler, Radiant
Laundry
Lower Level, Laundry Room

Exterior & lot

Features
Wood, Driveway - Other Surface
Construction
More Than 2 Stories, Stone, Age Over 8 Years
Roof
Age Over 8 Years
Foundation
Stone
Lot
3002923420056, Sloped
Parking
Driveway - Other Surface

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$6,869
Tax year
2025
Parcel
3002923420056

Location

Subdivision
Prospect Park 1st Div Rev
County
Hennepin
Neighborhood
Prospect Park - East River
Community
Hennepin, City Street, northstar, Minneapolis
Directions
Franklin Ave SE to Malcolm Ave to Melbourne Ave and slight turn onto Arthur Ave SE to duplex.

Location

Neighborhood
Prospect Park - East River
Subdivision
Prospect Park 1st Div Rev
School district
Minneapolis Public School District

Ask about this property

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Listed by Gabriel P Anderson, Roseville Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.