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1622 Jefferson ST NE Minneapolis, MN 55413
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Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,064 sqft
Price per Sqft $142
Subdivision Mcmillans Add
MLS Listing ID 6607504
Sold Date 12/02/24
Year Built 1900
Annual Tax Amount $6,435
Tax Year 2024
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 128x40
Property Description
Old-world charm meets modern amenities in this duplex+ located in the heart of coveted NE Minneapolis. Smack dab in the center of the trendy & vibrant Northeast Minneapolis Arts District, there's never a shortage of things to do and places to go in the area. Outstanding walkability + bikeability! Only a few blocks away from Central Ave NE, you're within walking distance of some of the best restaurants, cafes, breweries, shops, and parks NE MPLS has to offer. The location also grants quick access to both downtowns as well as the U of M. Character abounds in this sun-drenched turn-of-the-century stunner: maple hardwood floors, beautiful stained glass windows, gorgeous chunky woodwork you don't find in homes built today, five panel wood doors AND original hardware. The recently renovated 3rd story sets this income producing property apart from your standard up/down duplex (3rd story would need a second staircase to be a legal 3rd unit, please verify with and direct all questions to the City of Minneapolis). With no leases in place currently, an owner occupant buyer has extreme flexibility on how they approach this unique deal. Truly a massive building. Incredible price per square footage for the immediate neighborhood. The basement offers an interesting value add opportunity and screams potential. With adequate lower level ceiling height and an egress window already in place, one could readily increase the property's finished square footage and bed/bath count. You've found the best of both worlds in 1622 Jefferson: strong cash flow in an appreciating market!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Egress Window(s)
Interior
Heating Baseboard, Forced Air
Fireplace No
Exterior
Parking Features Detached, Concrete
Garage Spaces 2.0
Fence Chain Link, Wood
Building
Lot Description Public Transit (w/in 6 blks)
Story More Than 2 Stories
Foundation 1081
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Vinyl Siding
New Construction false
Schools
School District Minneapolis
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