671 Spring Street Ne, Minneapolis, MN 55413
Local realty services provided by:Better Homes and Gardens Real Estate Park Company
671 Spring Street Ne,Minneapolis, MN 55413
$350,000
- 2 Beds
- 2 Baths
- 1,531 sq. ft.
- Multi-family
- Active
Listed by: eda rivers
Office: compass
MLS#:7094390
Source:NSMLS
Price summary
- Price:$350,000
- Price per sq. ft.:$158.01
About this home
Rare opportunity to own a cash-flowing Northeast duplex with reduced taxes (only $1,111.50!) and built-in rent growth. Ideal for both owner-occupants and investors, with a flexible layout featuring a 1-bedroom upper unit with a non-conforming 2nd bedroom in the attic and 1-bedroom main-level unit. Two new electrical panels in the basement, new water service line, freshly painted exterior (all updates in 2026).
Current rents provide solid cash flow with built-in annual increases, while the City of Minneapolis 4D program delivers meaningful tax savings for the next two years. Owner-occupants can offset their mortgage by renting one unit, while investors benefit from stable, predictable income in a high-demand Northeast location. Opportunity to increase value over time as 4D program restrictions expire.
Property includes a 1-car garage and is well positioned steps from the best of Northeast. Walking distance to coffee shops (Dogwood Coffee, Spyhouse Coffee Roasters), breweries (Bauhaus Brew Labs, Earl Giles, Indeed Brewing Company, Sociable Cider Works), restaurants (Centro, Chimborazo, Sample Room, Stanley's Northeast Bar Room), and more. Walk to Logan Park and Beltrami Park, with easy access to Boom Island’s riverfront trails....
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Home facts
- Year built:1900
- Subdivision & Development:Sibley Add To St Anth
- Listing ID #:7094390
- Added:147 day(s) ago
- Updated:November 12, 2026 at 02:04 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Basement:Yes
- Basement Description:Unfinished
- Living area:1,531 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Age 8 Years or Less, Asphalt
- Year built:1900
- Building area:1,531 sq. ft.
- Lot area:2242 Acres
- Levels:2 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$158.01
- Tax amount:$1,112 (2026)
Parking
- Parking description:Attached Garage
- Garage:Yes
- Garage spaces:1
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