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671 Spring Street NE, Minneapolis, MN 55413

Status: For Sale

2 units
1,531 sq ft 1 garage spaces

$350,000

$10,000 from List Price

WELCOME HOME

Get to know this property.

Rare opportunity to own a cash-flowing Northeast duplex with reduced taxes (only $1,111.50!) and built-in rent growth. Ideal for both owner-occupants and investors, with a flexible layout featuring a 1-bedroom upper unit with a non-conforming 2nd bedroom in the attic and 1-bedroom main-level unit. Two new electrical panels in the basement, new water service line, freshly painted exterior (all updates in 2026). Current rents provide solid cash flow with built-in annual increases, while the City of Minneapolis 4D program delivers meaningful tax savings for the next two years. Owner-occupants can offset their mortgage by renting one unit, while investors benefit from stable, predictable income in a high-demand Northeast location. Opportunity to increase value over time as 4D program restrictions expire. Property includes a 1-car garage and is well positioned steps from the best of Northeast. Walking distance to coffee shops (Dogwood Coffee, Spyhouse Coffee Roasters), breweries (Bauhaus Brew Labs, Earl Giles, Indeed Brewing Company, Sociable Cider Works), restaurants (Centro, Chimborazo, Sample Room, Stanley's Northeast Bar Room), and more. Walk to Logan Park and Beltrami Park, with easy access to Boom Island’s riverfront trails.

The details that matter.

General Property Information for 671 Spring Street NE, Minneapolis, MN 55413 - MLS# 7094390
Bedrooms and Bathrooms
Total Bedrooms:
2
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1900
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
2 Story
Total SqFt:
1,531
Total Fnsh'd SqFt:
1,531
Above Ground SqFt:
1,531
Finished Above Grade:
1,531
Below Ground SqFt:
684
Finished Below Grade:
0
Garage Stalls:
1
Garage SqFt:
240
Main Floor SqFt:
700
Approx Lot Dimensions:
28 x 80
Approx Number of Acres:
0.051
Income and Expenses
Gross Income:
$33,816
Total Expenses:
$0

A closer look at the location.

Central to Spring St, west to 671

This listing has been entered by the following office: Compass

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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