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1501 Logan Avenue N, Minneapolis, MN 55418

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For Sale

$245,900

4 beds • 1 baths • 1,308 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $188.00
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Turnkey, fully updated investment property with a strong and stable tenant currently in year two of a 2-year lease running through September 1, 2026. The tenants have successfully completed the first year with consistent payment history, offering built-in reliability and reduced vacancy risk. This 4-bedroom home has undergone major capital improvements throughout, including ALL NEW plumbing, a new HVAC system installed by a licensed contractor, new window A/C units, new appliances, and a professionally completed, city-approved foundation repair. With these updates already taken care of, ongoing maintenance costs remain low for the next owner. The main level features separate living, dining, and family room areas, along with a flexible den/office. The clean semi-finished basement includes epoxy-coated floors and freshly painted walls, creating bright usable space with potential for future finishing. Situated on a deep 41×125 lot, the property offers a spacious yard and a full 2-car garage features that support long-term tenant satisfaction and retention. Current lease generates $2,325/month, with tenants responsible for electricity, heat, and internet, while the owner pays only trash and water. Strong cash flow combined with extensive updates makes this a solid, low-maintenance addition to any investment portfolio. Tenant-occupied; lease transfers to new owner. Showings require coordination.
MLS# 6818220

Courtesy Of Savvy Avenue

(612) 490-1268

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 1501 Logan Avenue N, Minneapolis, MN 55418

Home seller CENTURY 21 Atwood

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Atwood

(507) 663-1100
Learn More About Us

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Monthly Payment Breakdown

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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.