For Sale Duplex MLS# 7104788

2538 Jefferson Street NE

Minneapolis, MN 55418

$409,900

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Take the tour

About 2538 Jefferson Street NE

Some people buy a home to have a place to live. Others buy a home to change their financial trajectory. This duplex in Northeast Minneapolis' Holland neighborhood was built for the second kind of buyer. For 110 years, this property has had only three owners — each one living in it, maintaining it, investing in it. That kind of care doesn't happen by accident. It happens when someone believes a home is worth taking care of, not just occupying. The current owner carried that belief forward: new electrical throughout, an updated boiler, and structural work on the back deck and patio to make sure it's built to last another century. But the real opportunity here isn't what's already done — it's what's next. Live in one unit, rent the other, and let your tenant cover the mortgage. The unfinished attic in the upper unit is ready to become a bedroom, bath, loft, or home office. The basement already has a 3/4 bath and ceiling height tall enough to finish out completely, with real potential to convert this duplex into a triplex down the road. And the concrete parking pad out back is sitting there, waiting for a two-car garage that would add even more value. Steps from the breweries, coffee shops, art galleries, and parks that make Northeast Minneapolis one of the most walkable, community-driven pockets of the city — this isn't just a duplex. It's a way to own your housing costs instead of renting your life away. Three owners have already proven this home is worth investing in. The next chapter is yours to write.

Property details

Property

Type
Duplex Up and Down
MLS type
Duplex
Status
Active
Year built
1916
Stories
Two
Living area
1,554 sqft
Price / sqft
$264
Lot
0.13
Original price
$435,000
MLS #
7104788

Interior

Features
Boiler, In Basement, Common Area, Lower Level, Laundry Room, Full, Partially Finished, Storage Space
Heating
Boiler
Laundry
In Basement, Common Area, Lower Level, Laundry Room

Exterior & lot

Features
Stone, Concrete, Paved Lot, Unassigned, Open
Construction
Two, Combination, Asphalt
Roof
Asphalt
Foundation
Combination
Lot
1102924130116
Parking
Concrete, Paved Lot, Unassigned, Open

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Circuit Breakers
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$4,909
Tax year
2026
Parcel
1102924130116

Location

Subdivision
Leavitts Add
County
Hennepin
Neighborhood
Northeast Minneapolis Arts District
Community
Hennepin, Curbs, Paved Streets, Sidewalks, Street Lights, Laundry, Deck, Porch, northstar, Minneapolis
Directions
35W to CR88, turn right on St Anthony Blvd. Left on Kenzie Terr, right onto Jefferson

Location

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

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Listed by Joseph P. Torkildson, eXp 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.