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$389,900

6 Beds 2 Baths 2,308 SQFT 0.09 Acres
Type: Multi-Family

2313 Polk Street NE
Minneapolis, MN 55418

MLS#: 7155184
The Real Estate Advantage
Office: 952.224.8800
Presented by: Real Broker, LLC

Property Description

 

Located in the heart of Northeast Minneapolis, this spacious duplex offers a strong opportunity for both owner-occupants and investors. Set in one of the city’s most desirable areas for multifamily living, the property benefits from consistent rental demand and a location that continues to attract tenants looking for convenience, character, and easy access to everything NE Minneapolis has to offer. The neighborhood is packed with local favorites, including Hazel’s Northeast, Farina Rossa, Momo Cafe, Yellowbird Coffee Bar, Dogwood Coffee, Falling Knife Brewing Company, and Broken Clock Brewing Cooperative. The Northeast Arts District, local shops, galleries, breweries, restaurants, and coffee spots all contribute to the area’s vibrant neighborhood feel, while downtown Minneapolis is just minutes away. For investors, the location supports attractive rental potential and long-term appreciation. For an owner-occupant, the duplex format offers the opportunity to live in one unit while generating income from the other. Whether you are looking to add to an existing portfolio, enter the multifamily market, or offset your housing costs with rental income, 2313 Polk Street NE offers flexibility, location, and investment potential in one of Minneapolis’ most active and sought-after neighborhoods.


 

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area2,308 sqft
BasementPartial
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsFrom Lowry Ave NE, head north on Polk St NE. Continue past 23rd Ave NE; the home will be on your right just before 24th Ave NE.
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income40800
HeatingForced Air
High School DistrictMinneapolis
Insurance Expense2200
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2,308 sqft
Lot Size UnitsAcres
MaintenanceExpense2160
Net Operating Income27665
New ConstructionNo
Number Of Units Total2
Operating Expense13135
OwnerPaysSewer, Taxes, Trash Collection, Water
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameHoyts Add To St Anthony
Tax Annual Amount$6,074
Tax Year2025
Tenant PaysElectricity, Gas
Trash Expense750
Water Sewer Expense750
Year Built1900
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total2,596 sqft
Foundation Area1,154 sqft
Lot Dimensions45x90
Lot Size Area0 sqft
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

$389,900

6 Beds 2 Baths 2,308 SQFT 0.09 Acres
Type: Multi-Family

2313 Polk Street NE
Minneapolis, MN 55418

MLS#: 7155184
The Real Estate Advantage
Office: 952.224.8800