1040 13th Avenue Se, Minneapolis, MN 55414

Minneapolis
Local realty services provided by:ERA Prospera Real Estate
1040 13th Avenue Se,Minneapolis, MN 55414
$550,000
  • 8 Beds
  • 4 Baths
  • 3,220 sq. ft.
  • Multi-family
  • Active
Listed by: joshua pettersen
Office: pemberton re
MLS#:6722031
Source:NSMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$170.81

About this home

Rare Cash-Flow Opportunity with 3.375% Assumable Financing option! This updated side-by-side duplex in SE Minneapolis has been refreshed and is ready for your portfolio. Both units feature renovated kitchens, updated finishes, and fresh paint throughout. Unit 1040: Currently leased through August, 2026 at $1,900/mo. Unit 1042: Vacant and move-in ready (prior rent $2,400/mo). Upside exists for an owner-occupant looking to house-hack or an investor seeking stable, high-yield returns near the U of M. Showings: 1042 (vacant) available for first showings; 1040 (occupied) available for second showings. Updates: Asphalt roof replaced (2023), flat roof replaced (2024), new decking (2024), 1040 side new furnace (2025), 1040 side new water heater (2025), 1042 side new furnace (2021), 1042 side new water heater (2021), 1040 side new washer/dryer (2024).

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1979
  • Listing ID #:6722031
  • Added:134 day(s) ago
  • Updated:June 27, 2026 at 04:43 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Block
  • Living area:3,220 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1979
  • Building area:3,220 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Tree Coverage - Medium
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$170.81
  • Tax amount:$8,806 (2025)

Parking

  • Parking description:Driveway - Other Surface
  • Garage:Yes
  • Garage spaces:1
Data is deemed reliable but is not guaranteed accurate by the MLS. 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 consumers may be interested in purchasing.

New listings near 1040 13th Avenue Se