Active

1000 24th Avenue NE

Minneapolis MN, 55418

$585,000


$157.55 per sqft

Active

3,713 sqft

Multi-family

Built in 1907

There is SO MUCH POTENTIAL with this 10 bedroom, 3 bathroom property - owner occupants, investors and multi-generational living situations take note! Recently renovated and zoned as a duplex, the first floor is owner-occupied (3 bed/1 bath), the second floor is leased through April (3 bed/1 bath), and the third floor has 4 bedrooms and a shared bathroom used as short-term rentals. The owner has both Tier 1 and Short-term active rental licenses. The second and third floors are connected by a private staircase which would allow for a large 7-bedroom, 2 bath unit across the upper floors. A triplex conversion could be possible with some modifications, please do your research with City of Minneapolis. See 3D Matterport tour and floorplans for layout.

You will find fresh paint and lighting throughout the property, tons of natural light, new or refinished flooring, and new windows on the second and third floors. The first floor windows may also qualify for replacement through a City program. There is private laundry on the first floor (perfect for an owner occupant) and shared laundry in the basement used by tenants. Two electrical panels, boilers, and water heaters are currently split between the first level and the second/third levels. Other features include a newer roof and boilers, a cute little back porch for summer evenings, and a one stall garage. Located a block from Central and Lowry Avenues in the heart of Northeast Minneapolis, enjoy easy access to bus lines, shopping, and so many wonderful restaurants and local art buildings!

6658949

MLS ID

February 13, 2025

Listed

February 22, 2025

Updated

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Boiler, Radiator(s)

Exterior/Building Features

Lot Size

0 Acres


Lot Features

Public Transit (w/in 6 blks), Corner Lot


Roof

Age 8 Years or Less, Asphalt


Sewer

City Sewer/Connected

School Information

School District

Minneapolis

Other Property Details

Taxes

$8,142


Tax Frequency

Annually


Days on Market

8


Accessibility

None


Garage

Yes


Garage Spaces

1


Parking

Detached, Concrete


View

No


County

Hennepin


Water Source

City Water/Connected


Pool

No

Listing History

Date

Event

Price

2/13/2025

Active

 

Courtesy of Keller Williams Realty Integrity Lakes

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Roost Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 Northstar MLS. All rights reserved. 

Data last updated 4:45 PM UTC, 2/22/2025

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