671 Spring Street Ne, Minneapolis, MN 55413

Local realty services provided by:CENTURY 21 FM Realty
671 Spring Street Ne,Minneapolis, MN 55413
$350,000
  • 2 Beds
  • 2 Baths
  • 1,531 sq. ft.
  • Multi-family
  • Active
Listed by: eda rivers
Office: compass
MLS#:7094390
Source:ND_FMAAR

Price summary

  • Price:$350,000
  • Price per sq. ft.:$158.01

About this home

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...

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Home facts

  • Year built:1900
  • Subdivision & Development:Sibley Add To St Anth
  • Listing ID #:7094390
  • Added:137 day(s) ago
  • Updated:November 03, 2026 at 06:45 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Living area:1,531 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Building area:1,531 sq. ft.
  • Lot area:0.05 Acres
  • Construction Materials:Stucco
  • Exterior Features:Patio

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$158.01
  • Tax amount:$1,111

Parking

  • Garage spaces:1