516 8th Avenue NE
Minneapolis, MN 55413
$479,500 - 72
Open Houses
Classic Northeast Minneapolis up/down duplex on a quiet, tree-lined street, beautifully blending timeless original character with thoughtful modern updates. Both units are filled with natural light throughout the day and showcase the craftsmanship of the home's original millwork, solid wood doors, hardwood floors, and stained glass windows. Fresh paint throughout was carefully selected to complement the original woodwork rather than compete with it, with a rich, deep green palette creating a sophisticated contrast against its warmth and a cohesive, inviting feel from room to room.
The upper unit is vacant and move-in ready, offering 3 bedrooms with flexibility for a home office, a bright living room with a stunning stained glass bay, and a beautifully updated kitchen featuring brand-new stainless steel appliances, new stone countertops, new flooring, and a new backsplash. A covered back deck provides additional outdoor living space, and a huge walk-up attic offers excellent potential for future expansion (buyer to verify).
The main-level unit also features 3 bedrooms, with room for a home office or flex space, along with inviting living and dining rooms and a screened porch. It is currently leased at $2,160/month, providing rental income.
Both the front and rear entryways have been freshly painted and finished with new carpeting, creating a welcoming transition into each level. The basement offers abundant storage, a separate, fully finished bathroom, and a laundry area, plus the potential to finish additional space for even more living area.
Outside, a large fenced backyard offers ...
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Listing Courtesy of: Compass
952-258-3100
| Listing Id: | 7151604 |
|---|---|
| List Price: | $479,500 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex Up and Down |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 3 |
| Bathrooms Three Quarter: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms One Quarter: | 0 |
| Living Area: | 2,310 |
| Tax Annual Amount: | $8,114 |
| Waterfront?: | No |
| City: | Minneapolis |
| Neighborhood: | 72 |
| County Or Parish: | Hennepin |
| Subdivision Name: | Borups Add To Town Of St Anthony |
| Postal Code: | 55413 |
| Year Built: | 1904 |
| Number Of Units Total: | 2 |
| Above Grade Finished Area: | 2,240 |
| Accessibility Features: | None |
| Basement: | Yes |
| Basement: | Full, Partially Finished |
| Bathrooms Total Integer: | 3 |
| Below Grade Finished Area: | 70 |
| Building Area Total: | 4490 |
| Directions: | Hwy 94, East on West Broadway, South (Right) on University, East on 8th Ave NE to home on Right. |
| Fencing: | Full, Privacy, Wire, Wood |
| Foundation Area: | 1,120 |
| Fuel Expense: | 0 |
| Garage Spaces: | 0 |
| Gross Income: | $25,920 |
| Heating: | Forced Air |
| High School District: | Minneapolis |
| Laundry Features: | In Basement, Common Area |
| Levels: | Two |
| Listing Contract Date: | 2026-09-28 |
| Living Area Units: | Square Feet |
| Lot Size Area: | 0.13 |
| Lot Size Dimensions: | Irregular |
| Lot Size Units: | Acres |
| Assessment Pending: | No |
| DPResource: | Yes |
| Expected Market Date: | 2026-09-30 |
| Foreclosure Status: | No |
| Foundation Dimensions: | 23x95 |
| Fractional Ownership Yn: | No |
| Fuel: | Natural Gas |
| Lender Owned: | No |
| Owner Occupied: | No |
| Potential Short Sale: | No |
| Yearly/Seasonal: | Yearly |
| Number of Refrigerators: | One Per Unit |
| Rental License Type: | Standard |
| School District Number: | 1 |
| School District Phone: | 6126680000 |
| Tax With Assessments: | $8,114 |
| Owner Pays: | Insurance, Taxes |
| Parcel Number: | 1402924310023 |
| Parking Features: | Asphalt |
| Postal City: | Minneapolis |
| Public Survey Range: | 24 |
| Public Survey Section: | 14 |
| Public Survey Township: | 29 |
| Road Frontage Type: | City Street |
| Road Responsibility: | Public Maintained Road |
| Roof: | Age Over 8 Years, Asphalt |
| Sewer: | City Sewer/Connected |
| State Or Province: | MN |
| Tax Year: | 2026 |
| Tenant Pays: | All Utilities |
| Water Source: | City Water/Connected |
| Zoning Description: | Residential-Multi-Family, Residential-Single Family |
| Township: | Minneapolis |
| Above Grade Sq Ft Total: | 3370 |
| Below Grade Sq Ft Total: | 1120 |
| Main Level Finished Area: | 1310 |
| Total Area: | 4,490 |
| Exterior Features: | Vinyl |
| Foundation Details: | Stone |
| Rental License?: | Yes |
| School District Full Name: | 1 - Minneapolis |
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Regional Multiple Listing Service of Minnesota, Inc data last updated on October 08, 2026 04:59 PM - CT
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Property Last Updated: October 08, 2026 04:59 PM - CT
