501 Newton Avenue N
Minneapolis, MN 55405
$325,000 - 30
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.
Listing Courtesy of: Pemberton RE
612-770-1361
| Listing Id: | 7149370 |
|---|---|
| List Price: | $325,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex Up and Down |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 2 |
| Bathrooms Three Quarter: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms One Quarter: | 0 |
| Living Area: | 2,278 |
| Tax Annual Amount: | $4,791 |
| Waterfront?: | No |
| City: | Minneapolis |
| Neighborhood: | 30 |
| County Or Parish: | Hennepin |
| Subdivision Name: | Drews Add |
| Postal Code: | 55405 |
| Year Built: | 1909 |
| Number Of Units Total: | 2 |
| Above Grade Finished Area: | 2,278 |
| Accessibility Features: | None |
| Association Amenities: | Porch |
| Basement: | Yes |
| Basement: | Full, Unfinished |
| Bathrooms Total Integer: | 2 |
| Building Area Total: | 3111 |
| Construction Materials: | Block, Post and Beam, Frame |
| Directions: | Penn to 5th Avenue east to Newton |
| Electric: | Circuit Breakers |
| Fencing: | Chain Link |
| Foundation Area: | 1,200 |
| Fuel Expense: | 0 |
| Garage Spaces: | 0 |
| Heating: | Boiler, Forced Air |
| High School District: | Minneapolis |
| Laundry Features: | In Basement, Lower Level, In Unit, Upper Level, Washer Hookup |
| Levels: | Two |
| Listing Contract Date: | 2026-09-25 |
| Living Area Units: | Square Feet |
| Lot Features: | Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light |
| Lot Size Area: | 0.12 |
| Lot Size Dimensions: | 128x40 |
| Lot Size Units: | Acres |
| Assessment Pending: | Unknown |
| DPResource: | Yes |
| Expected Market Date: | 2026-10-01 |
| Foreclosure Status: | No |
| Fractional Ownership Yn: | No |
| Fuel: | Natural Gas |
| Garage Square Feet: | 0 |
| Lender Owned: | No |
| Owner Occupied: | No |
| Potential Short Sale: | No |
| Power Company: | Xcel Energy |
| Yearly/Seasonal: | Yearly |
| Number of Refrigerators: | Two |
| Rental License Type: | Standard |
| School District Number: | 1 |
| School District Phone: | 6126680000 |
| Tax With Assessments: | $4,791 |
| Parcel Number: | 2102924320033 |
| Parking Features: | Concrete |
| Pool Features: | None |
| Postal City: | Minneapolis |
| Road Frontage Type: | City Street, Paved Streets |
| Road Responsibility: | Public Maintained Road |
| Roof: | Asphalt, Pitched |
| Sewer: | City Sewer/Connected |
| State Or Province: | MN |
| Tax Year: | 2026 |
| Tenant Pays: | Cable TV, Electricity, Gas |
| Water Source: | City Water/Connected |
| Zoning Description: | Residential-Multi-Family |
| Township: | Minneapolis |
| Above Grade Sq Ft Total: | 2400 |
| Below Grade Sq Ft Total: | 711 |
| Main Level Finished Area: | 1117 |
| Patio Porch Type: | Covered, Enclosed, Front Porch, Patio, Screened |
| Total Area: | 3,111 |
| Exterior Features: | Metal, Vinyl |
| Foundation Details: | Block |
| Rental License?: | Yes |
| School District Full Name: | 1 - Minneapolis |
| For Sale Or Lease: | For Sale |
Mortgage Calculator
The data on this website relating to real estate for sale comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota.
All information provided is deemed reliable but is not guaranteed and should be independently verified. The properties displayed may not be all of the properties available through the IDX Program. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing. Real estate listings held by brokerage firms other than the publisher of this website are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor the site owner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Regional Multiple Listing Service of Minnesota, Inc data last updated on October 08, 2026 04:59 PM - CT
Based on information submitted to the MLS GRID as of October 08, 2026 04:59 PM - CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Property Last Updated: October 08, 2026 04:59 PM - CT
