1111 Newton Avenue N, Minneapolis, MN 55411

Looking for your next real estate project? This spacious up/down duplex is full of potential and ready to deliver long-term cash flow with the right updates. Each unit features 2 bedrooms, 1 bathroom, and a den in the form of a bright sunroom at the front of the home. Both units share the same layout, with the lower-level entry/foyer being more of a bonus office space upstairs. The property is generously sized, offering spacious units plus huge unfinished areas in both the basement and attic—perfect for storage or future expansion. The lower unit is tenant-occupied with renters who would love to stay, providing instant income as you renovate the upper unit. Updates needed include exterior work to gutters and fascia, bathroom renovation, window repairs, paint, kitchen cabinet repairs, and other cosmetic improvements. Contractor bids for the work range between $30K–$50K, and the After Repair Value (ARV) is estimated at over $350K! This property is an excellent opportunity for investors … read more …