671 Spring Street Ne, Minneapolis, MN 55413

Minneapolis
Local realty services provided by:ERA Prospera Real Estate
671 Spring Street Ne,Minneapolis, MN 55413
$360,000
  • 2 Beds
  • 2 Baths
  • 1,531 sq. ft.
  • Multi-family
  • Active
Listed by: eda rivers
Office: compass
MLS#:7094390
Source:NSMLS

Price summary

  • Price:$360,000
  • Price per sq. ft.:$162.53

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. 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 Brew Labs, Earl Giles, Indeed Brewing Company, Sociable Cider Works), restaurants (Centro, Chimborazo, Sample...

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Home facts

  • Year built:1900
  • Subdivision & Development:Sibley Add To St Anth
  • Listing ID #:7094390
  • Added:57 day(s) ago
  • Updated:August 14, 2026 at 12:33 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,531 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Age 8 Years or Less, Asphalt
  • Year built:1900
  • Building area:1,531 sq. ft.
  • Lot area:2242 Acres
  • Levels:2 Story

Utilities

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

Finances and disclosures

  • Price:$360,000
  • Price per sq. ft.:$162.53
  • Tax amount:$1,112 (2026)

Parking

  • Parking description:Attached Garage
  • Garage:Yes
  • Garage spaces:1
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