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$450,000

4 Beds 2 Baths 2,190 SQFT 0.12 Acres
Type: Multi-Family

435 Madison Street NE
Minneapolis, MN 55413

MLS#: 7121234
The Real Estate Advantage
Office: 952.224.8800
Presented by: Edina Realty, Inc.

Property Description

 

Welcome to 435 Madison Street NE, an incredible Northeast Minneapolis duplex that’s ready for its next owners! Tucked away on a quiet dead-end street, this property offers a wonderful combination of neighborhood privacy while keeping you close to everything that makes Northeast Minneapolis such a desirable place to live. Each unit features 2 bedrooms and 1 full bath, along with a spacious kitchen and comfortable living spaces. A major bonus—each unit has its own private laundry, adding convenience for both owner-occupants and tenants. Whether you're looking to live in one unit and rent the other, add a solid property to your investment portfolio, or create a multi-generational living arrangement, this duplex offers plenty of possibilities. And then there’s the location! Northeast Minneapolis—affectionately known as “Nordeast”—is known for its unique mix of historic neighborhoods, local restaurants, breweries, coffee shops, galleries and independent businesses. The area is home to the nationally recognized Northeast Minneapolis Arts District, with hundreds of local artists, studios and galleries. Spend an afternoon exploring the studios at Northrup King Building, grab dinner at neighborhood favorites such as Diane's Place or Centro, or enjoy the restaurants, shops and nightlife along Central and East Hennepin. Northeast is also known for its impressive concentration of breweries, restaurants and locally owned establishments. When you want to get outside, head toward the Mississippi River and the Northeast Riverfront, where trails, parks and historic St. Anthony Main provide plenty of opportunities for walking, biking and exploring. Historic Stone Arch Bridge and the riverfront are nearby destinations, with beautiful views of downtown Minneapolis and easy access to the city's extensive trail system. Quiet street. Two complete units. Private laundry. Walkable Northeast lifestyle. 435 Madison Street NE is a fantastic opportunity to own a duplex in one of Minneapolis' most vibrant and distinctive neighborhoods.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area2,190 sqft
BasementBlock
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Square Feet0

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsCentral Ave NE turn L on Spring Street NE, turn L on Madison Street NE
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income28275
HeatingForced Air
High School DistrictMinneapolis
Insurance Expense1889
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2,190 sqft
Lot Size UnitsSquare Feet
MaintenanceExpense0
Net Operating Income19418
New ConstructionNo
Number Of Units Total2
Operating Expense8857
PostalCityMinneapolis
Property SubtypeDuplex Side by Side
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameSibley Add To St Anth
Tax Annual Amount$9,230
Tax Year2026
Tenant PaysCable TV, Electricity, Gas
Trash Expense0
Water Sewer Expense2545
Year Built1968
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total3,270 sqft
Foundation Area1,080 sqft
Lot Dimensions129.5x40
Lot Size Area5,180 sqft
Parking FeaturesOn-Street Parking Only
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$450,000

4 Beds 2 Baths 2,190 SQFT 0.12 Acres
Type: Multi-Family

435 Madison Street NE
Minneapolis, MN 55413

MLS#: 7121234
The Real Estate Advantage
Office: 952.224.8800