1518 Park AVE, Minneapolis, MN 55404
$415,000
Est. payment /mo
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6 Beds
2 Baths
2,849 SqFt
Coming Soon

1518 Park AVE Minneapolis, MN 55404

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Jadde Rowe

Jadde Rowe

+1(320) 250-9466

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Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,849 sqft

Price per Sqft $145

Subdivision Elliot & Abbotts Add

MLS Listing ID 7107968

Bedrooms 6

Year Built 1900

Annual Tax Amount $4,971

Tax Year 2025

Contingent None

Lot Size 3,484 Sqft

Lot Dimensions 26x128x26x128

Property Sub-Type Other

Property Description

Welcome to 1518 Park Ave, a turnkey investment opportunity with strong rental income potential. This duplex features two spacious two-story units, each offering 3 bedrooms and 1 bathroom, ideal for maximizing rental revenue.

Both units include kitchens and baths, in-unit laundry, central AC, and off-street parking amenities that support higher rents and tenant retention. Major updates reduce near-term expenses, including a new roof (2023) with a 5-year workmanship warranty, new furnace in Unit 1 (Feb 2024), and newer water heaters (2024 & 2025).

With strong rental comps, this property offers solid cash flow and cap rate potential. Located near downtown Minneapolis, U.S. Bank Stadium, HCMC, and the Convention Center, with easy access to transit, I-94, and 35W, ensuring consistent tenant demand.

Location

State MN

County Hennepin

Rooms

Basement Other, Partial

Interior

Heating Forced Air

Fireplace No

Exterior

Roof Type Age 8 Years or Less

Building

Story Two

Foundation 1358

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Minneapolis

Listed by Victor Lukandwa • Sanyu LLC

NEARBY SCHOOL & BUSINESS

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Jadde Rowe

Jadde Rowe

Agent | License ID: 40625720

+1(320) 250-9466

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1518 Park AVE

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