1539 Washington ST NE Active

Minneapolis,MN 55413

$ 575000

- Bed

- Bath

2656 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,656 sqft

Price per Sqft $216

Subdivision Mcmillans Add

MLS Listing ID 6783863

Year Built 1902

Annual Tax Amount $9,064

Tax Year 2025

Lot Size 5,227 Sqft

Property Sub-Type Duplex Up and Down

Property Description

Outstanding investment or owner-occupant opportunity in the heart of Northeast Minneapolis' vibrant Arts District/Logan Park! This classic up/down duplex combines bright interiors, hardwood floors, thoughtful updates, and meaningful long-term upside.
Unit 1 (main level): Approx. 1,350 sq ft, 2BR/1BA with a functional layout and long-term, reliable tenants who have assisted with lawn care and snow removal—helping keep the property well maintained.
Unit 2 (upper two levels): Approx. 2,500 sq ft, 3BR/2BA including a spacious third-floor studio-style area with its own bath and separate entrance. This flexible space works beautifully today but also presents the potential to be converted into a separate unit, creating a true triplex configuration (check with City for requirements). The kitchen was updated in 2023 with new cabinetry and a dishwasher, while the bathroom received modern improvements as well.
Additional highlights: Unfinished basement with good ceiling height, offering excellent potential for future finishing to add livable square footage and increase income opportunities. Bright interiors, versatile floorplans, and an unbeatable NE location near parks, restaurants, breweries, and cultural amenities further add to the appeal.
With proven occupancy history, value-add pathways, and strong neighborhood demand, this is a rare chance to secure both immediate stability and long-term growth.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Family Room Other

Interior

Heating Forced Air

Exterior

Parking Features Detached,Concrete,Electric,Garage Door Opener,On-Street Parking Only,Parking Garage,Shared Garage/Stall

Garage Spaces 2.0

Fence Partial,Privacy

Roof Type Age Over 8 Years

Building

Lot Description Many Trees

Story More Than 2 Stories

Foundation 1184

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Steel Siding

New Construction false

Schools

School District Minneapolis

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