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501 Newton Avenue N, Minneapolis, MN 55405

Status: For Sale

2 units
2,278 sq ft

$325,000

WELCOME HOME

Get to know this property.

Welcome to 501 Newton Ave N, a spacious up/down duplex in Minneapolis’ Bryn Mawr/Harrison neighborhood offering an excellent opportunity for an investor at the 1% RULE or owner-occupant looking to house hack! See Supplements for RentOMeter rental analysis of ~$1,800/unit With approximately 1,200 finished square feet per unit, this corner property features generous room sizes, hardwood floors, in-unit laundry, and the character you’d expect from a classic Minneapolis duplex. Each unit offers flexible living space with plenty of natural light and comfortable common areas. Live in one unit while renting the other, add this property to your rental portfolio, or explore the potential to maximize rental income over time. Located just minutes from downtown Minneapolis with convenient access to Theodore Wirth Park, bike trails, neighborhood amenities, coffee shops, bus line and lightrial. Whether you're looking for your first investment property or another solid Minneapolis duplex to add to your portfolio, 501 Newton offers space, location and versatility in one package.

The details that matter.

General Property Information for 501 Newton Avenue N, Minneapolis, MN 55405 - MLS# 7149370
Bedrooms and Bathrooms
Total Bedrooms:
6
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1909
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
2 Story
Total SqFt:
2,278
Total Fnsh'd SqFt:
2,278
Above Ground SqFt:
2,400
Finished Above Grade:
2,278
Below Ground SqFt:
711
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
0
Main Floor SqFt:
1,117
Approx Lot Dimensions:
128 x 40
Approx Number of Acres:
0.12
Income and Expenses
Gross Income:
$0
Total Expenses:
$0

A closer look at the location.

Penn to 5th Avenue east to Newton

This listing has been entered by the following office: Pemberton RE

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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