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501 Newton AVE N Minneapolis, MN 55405

Open 10/3 10:30AM-12PM
$325,000
501 Newton AVE N Minneapolis, MN 55405
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501 Newton AVE N, Minneapolis, MN 55405
501 Newton AVE N, Minneapolis, MN 55405
501 Newton AVE N, Minneapolis, MN 55405
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33 photos
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Daniel Linder

Daniel Linder

daniel.linder@exprealty.com +1(612) 597-5456
$325,000
Est. payment /mo
6 Beds
2 Baths
2,278 SqFt
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Open House

Sat Oct 03, 10:30am - 12:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,278 sqft

Price per Sqft $142

Subdivision Drews Add

MLS Listing ID 7149370

Bedrooms 6

Year Built 1909

Annual Tax Amount $4,791

Tax Year 2026

Contingent None

Lot Size 5,227 Sqft

Lot Dimensions 128x40

Property Sub-Type Duplex Up and Down

Property Description

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.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full, Unfinished

Interior

Heating Boiler, Forced Air

Fireplace No

Laundry In Basement, Lower Level, In Unit, Upper Level, Washer Hookup

Exterior

Parking Features Concrete

Fence Chain Link

Pool None

Roof Type Asphalt,Pitched

Building

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

Story Two

Foundation 1200

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Block,Post and Beam,Frame

New Construction false

Schools

School District Minneapolis

Others

Virtual Tour https://eleven.aryeo.com/sites/rppyvlxx/unbranded


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Listed by Ryan Walseth • Pemberton RE

NEARBY SCHOOL & BUSINESS

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Daniel Linder

Daniel Linder

+1(612) 597-5456

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eXp Realty

Daniel Linder

+1(612) 597-5456 daniel.linder@exprealty.com

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