516 8th Avenue NE, Minneapolis, MN 55413

$479,500
6
BD
3
BA
2,310
SqFt

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List Price
$479,500
MLS#
7151604
Status
COMING SOON
Type
Multifamily
Style
(MF) Duplex Up and Down
Bedrooms
6
Bathrooms
3
Living Area
2,310
Acres
0.13
Subdivision
Borups Add To Town Of St Anthony
Neighborhood
72
Year Built
1904

Property Description

Classic Northeast Minneapolis up/down duplex on a quiet, tree-lined street, beautifully blending timeless original character with thoughtful modern updates. Both units are filled with natural light throughout the day and showcase the craftsmanship of the home's original millwork, solid wood doors, hardwood floors, and stained glass windows. Fresh paint throughout was carefully selected to complement the original woodwork rather than compete with it, with a rich, deep green palette creating a sophisticated contrast against its warmth and a cohesive, inviting feel from room to room. The upper unit is vacant and move-in ready, offering 3 bedrooms with flexibility for a home office, a bright living room with a stunning stained glass bay, and a beautifully updated kitchen featuring brand-new stainless steel appliances, new stone countertops, new flooring, and a new backsplash. A covered back deck provides additional outdoor living space, and a huge walk-up attic offers excellent potential for future expansion (buyer to verify). The main-level unit also features 3 bedrooms, with room for a home office or flex space, along with inviting living and dining rooms and a screened porch. It is currently leased at $2,160/month, providing rental income. Both the front and rear entryways have been freshly painted and finished with new carpeting, creating a welcoming transition into each level. The basement offers abundant storage, a separate, fully finished bathroom, and a laundry area, plus the potential to finish additional space for even more living area. Outside, a large fenced backyard offers plenty of room to entertain, relax, garden, or enjoy the outdoors, with a shed for extra storage. A private driveway adds convenient off-street parking. Additional highlights include maintenance-free siding and separately metered units. With its original architectural character, abundant natural light, extensive updates, flexible spaces, and excellent outdoor amenities, this duplex offers a distinctive opportunity for an investor or owner-occupant in Northeast Minneapolis. Don't miss it!

Additional Information

School District
Minneapolis
Tax Year
2026
Fencing
Full, Privacy, Wire, Wood
Fuel
Natural Gas
Sewer
City Sewer/Connected
Roof
Age Over 8 Years, Asphalt
Heating
Forced Air
Water
City Water/Connected
Basement
Full, Partially Finished
Parking
Asphalt

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Listing courtesy of Compass.

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