For Sale Duplex MLS# 7095025

1539 Washington Street NE

Minneapolis, MN 55413

$499,500

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About 1539 Washington Street NE

Exceptional investment opportunity with this charming up-and-down duplex offering spacious living, timeless character, and thoughtful updates throughout. The main-level unit features 2 bedrooms, 1 full bathroom, beautiful hardwood floors, a dedicated pantry area, and access to a welcoming front sun porch - perfect for morning coffee or relaxing evenings. The updated kitchen is equipped with stainless steel appliances, blending style and functionality.

The upper-level unit offers an expansive layout with 3 bedrooms, 2 bathrooms, and additional finished living space on the third floor, providing flexibility for a home office, family room, guest space, or recreation area. The kitchen also features upgraded stainless steel appliances, creating an attractive and modern living environment.

Main unit has month to month lease at $1,800/mo (tenant pays gas & electric). Top vacant unit estimated income is $2,400/mo (tenant pays gas & electric).

Total gross revenue if fully leased is estimated at $50,400.

The lower level includes shared laundry facilities and ample storage space for both units. Whether you're looking to expand your investment portfolio or owner-occupy while generating rental income, this well-maintained duplex offers versatility, strong rental appeal, and comfortable living spaces for tenants and owners alike.

Property details

Property

Type
Duplex Up and Down
MLS type
Duplex
Status
Active
Year built
1902
Stories
Two
Living area
2,948 sqft
Price / sqft
$169
Lot
0.12
Original price
$525,000
MLS #
7095025

Interior

Features
Baseboard, In Basement, Common Area, Gas Dryer Hookup, Washer Hookup, Full, Shared Access, Unfinished
Heating
Baseboard
Laundry
In Basement, Common Area, Gas Dryer Hookup, Washer Hookup

Exterior & lot

Features
Steel Siding, Detached Garage
Construction
Two, Combination, Asphalt
Roof
Asphalt
Foundation
Combination
Lot
1402924120094
Parking
Detached Garage
Garage spaces
2

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
$8,778
Tax year
2026
Parcel
1402924120094

Location

Subdivision
Mcmillans Add
County
Hennepin
Neighborhood
Northeast Minneapolis Arts District
Community
Hennepin, City Street, Curbs, Sidewalks, northstar, Minneapolis
Directions
BROADWAY STREET NE TO WASH. N. TO HOME

Location

Neighborhood
Northeast Minneapolis Arts District
Subdivision
Mcmillans Add
School district
Minneapolis Public School District

Ask about this property

Questions on 1539 Washington Street NE, Minneapolis, MN 55413, or want to see it in person?

Listed by Matt Boys, Fox 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.