Residential Income in Minneapolis

$435,000

2538 Jefferson, 55418, Minneapolis, MN

Residential Income for sale in Minneapolis, 2538 Jefferson, 55418, 1554 m²

2538 Jefferson, 55418, Minneapolis, MN

$435,000

4Bed
3Bath
1554
Type: Residential Income

Description

Some people buy a home to have a place to live. Others buy a home to change their financial trajectory. This duplex in Northeast Minneapolis' Holland neighborhood was built for the second kind of buyer. For 110 years, this property has had only three owners — each one living in it, maintaining it, investing in it. That kind of care doesn't happen by accident. It happens when someone believes a home is worth taking care of, not just occupying. The current owner carried that belief forward: new electrical throughout, an updated boiler, and structural work on the back deck and patio to make sure it's built to last another century. But the real opportunity here isn't what's already done — it's what's next. Live in one unit, rent the other, and let your tenant cover the mortgage. The unfinished attic in the upper unit is ready to become a bedroom, bath, loft, or home office. The basement already has a 3/4 bath and ceiling height tall enough to finish out completely, with real potential to convert this duplex into a triplex down the road. And the concrete parking pad out back is sitting there, waiting for a two-car garage that would add even more value. Steps from the breweries, coffee shops, art galleries, and parks that make Northeast Minneapolis one of the most walkable, community-driven pockets of the city — this isn't just a duplex. It's a way to own your housing costs instead of renting your life away. Three owners have already proven this home is worth investing in. The next chapter is yours to write.

Location

2538 Jefferson, 55418, Minneapolis, MN

Data

Object TypeResidential Income
Purchase Price$435,000
Living Space1554 m²
Plot SizeN/A
Bathrooms3
Construction Year1916
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBoiler
Primary Energy SourceN/A
Construction Year1916
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent