2538 Jefferson ST NE, Minneapolis, MN 55418
2538 Jefferson ST NE, Minneapolis, MN 55418
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$ 435,000
Est. payment | /mo

4 Beds

3 Baths

2,130 SqFt


Save
$ 435,000
Est. payment | /mo
Save

4 Beds

3 Baths

2,130 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,130 sqft

Price per Sqft $204

Subdivision Leavitts Add

MLS Listing ID 7104788

Bedrooms 4

Year Built 1916

Annual Tax Amount $4,909

Tax Year 2026

Contingent None

Lot Size 5,662 Sqft

Lot Dimensions 123x46

Property Sub-Type Duplex Up and Down

Property 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

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full, Partially Finished, Storage Space

Interior

Heating Boiler

Fireplace No

Laundry In Basement, Common Area, Lower Level, Laundry Room

Exterior

Parking Features Concrete, Paved Lot, Unassigned, Open

Fence None

Pool None

Roof Type Asphalt

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Medium

Story Two

Foundation 710

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Block,Brick,Concrete

New Construction false

Schools

School District Minneapolis

Listed by Joseph Torkildson • eXp Realty
Nearby Locations

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2538 Jefferson ST NE