1639 Russell Avenue N
Minneapolis, MN 55411
- – beds
- – baths
- 2,288 sqft
- $131 per sqft
- 1925 build
- – on site
This charming up/down duplex in North Minneapolis is a prime investment opportunity with a strong rental history and a Tier 1 rental license. It's also a great option for an owner-occupant, allowing you to live in one unit while the tenant helps pay toward your investment. Upgrades include exterior paint in 2024, bathrooms and bathroom windows 2015, and a roof replacement 2011. Additional features include stainless steel appliances, original hardwood floors, and built-in hutches which provide additional charm and functional storage. Each unit has separate electric and boiler systems, while the owner covers trash, water, and sewer. The coin-operated laundry in the basement offers additional income potential. This property generated $1,575 per month for the main level and $1,500 per month for the upper unit, totaling $3,075 in rental income. With consistent cash flow, modern updates, timeless character, and a top-tier rental license, this duplex is a fantastic opportunity for investors or owner-occupants alike.
Last checked:
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Last updated Mar 28, 2025
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MLS# 6690850 —
The Building
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Year Built:1925
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New Construction:false
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Age Of Property:100
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Construction Materials:Brick/Stone, Stucco
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Roof:Age Over 8 Years, Asphalt
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Accessibility Features:None
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Levels:Two
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Main Level Finished Area:2288.0000
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Basement:Full, Unfinished
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Basement:true
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Foundation Area:1144
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Building Area Total:2288
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Above Grade Finished Area:2288
Room Dimensions
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Living Area:2288
Location
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Directions:Plymouth Ave to Russell Ave N. North to property.
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Latitude:44.996286
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Longitude:-93.311144
The Property
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Parcel Number:1702924410090
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Zoning Description:Residential-Multi-Family
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Property Type:Residential Income
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Property Subtype:Duplex Up and Down
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Additional Parcels:false
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Lot Size Area:0.12
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Lot Size Dimensions:irregular
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Lot Size Units:Acres
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Road Frontage Type:City Street
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Road Responsibility:Public Maintained Road
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Water Source:City Water/Connected
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (952) 215-8779
- Office phone:
- (952) 432-7200
Taxes
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Tax Year:2024
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Tax Annual Amount:4318
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Tax With Assessments:4317.6600
Heating & Cooling
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Heating:Boiler, Hot Water
Utilities
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Sewer:City Sewer/Connected
Appliances
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Refrigerator:Two
Schools
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High School District:Minneapolis
The Community
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Subdivision Name:Eastlawn Add
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Association Amenities:Coin-op Laundry Owned
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Assessment Pending:No
Parking
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Parking Features:Gravel, Open
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/25/25
Mar 25, 2025
|
Coming Soon | NORTHSTAR | $299,900 | 12.7% (3.3% / YR) |
5/24/21
May 24, 2021
|
NORTHSTAR | $266,000 | 21.0% | |
4/12/21
Apr 12, 2021
|
NORTHSTAR | $219,900 |