1322 Adams ST NE new

Minneapolis,MN 55413

$ 575000

- Bed

- Bath

3492 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,492 sqft

Price per Sqft $164

Subdivision Mcmillans Add

MLS Listing ID 6677339

Year Built 1901

Annual Tax Amount $8,670

Tax Year 2024

Lot Size 5,227 Sqft

Property Sub-Type Duplex Up and Down

Property Description

Charming very spacious duplex with great floor plans, hard wood floors, original woodwork. Upper apartment has 5 bedrooms and 2 baths, lower apartment has 4 bedrooms and 2 baths. Owners did a full renovation back in 2009 so that electrical, plumbing, 2 kitchens and 4 baths were remodeled in both apartments. New forced air furnaces and duct work were installed at that time. 10 years ago a new 30 year architectural shingle roof and all new Hardie Board siding were installed. 2 years ago each unit had new central A/C units installed. Last year some painting and carpets were done at apartment turn overs. It is unusual to find this large of a duplex in Minneapolis especially in the heart of the N.E. arts district. Potential to add units to the basement and attic to make a triplex or a 4 plex. Both units are currently rented to very good tenants through the end of August 2025. If a buyer did some upgrades to the kitchens and baths, there is some serious upside to the rents.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Interior

Heating Forced Air

Exterior

Parking Features Gravel,Open

Roof Type Age Over 8 Years,Architectural Shingle,Pitched

Building

Lot Description Public Transit (w/in 6 blks),Tree Coverage - Medium

Story More Than 2 Stories

Foundation 1746

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Fiber Cement

New Construction false

Schools

School District Minneapolis

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