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629 Oak Street SE

Minneapolis, MN 55414

– beds
– baths
2,679 sqft
$371 per sqft
1900 build
– on site

Discover an exceptional front-to-back multi-level duplex nestled in the vibrant heart of Stadium Village at the University of Minnesota! This renovated property, features a rear addition completed in 2010, and offers the perfect blend of modern comfort and student-friendly living. Each of the spacious units boasts 5 inviting bedrooms, 1.75 stylish baths, and private decks perfect for relaxation. Enjoy the convenience of in-unit laundry, separate mechanical systems, and the added perk of an off-street parking spot. The front unit (#1) is currently occupied and generates a robust rental income of $3,020 per month, with a lease secured through August 26, 2025. The rear unit (#2) is also occupied, commanding a premium rent of $3,820 per month, with the same lease expiration. The seller covers the water, sewer, and trash bills, while charging tenants a modest reimbursement fee of $25 per tenant per month for these essential utilities. This property stands out as a premier investment opportunity for student housing, making it an invaluable addition to any real estate portfolio. Don’t miss out on this remarkable chance to invest in a thriving community!

Listing courtesy of NORTHSTAR / Laurie Allen / Coldwell Banker Realty

Last checked: Checking… • Last updated Apr 17, 2025 •

MLS# 6704262 —

The Building

Year Built:

1900
New Construction:

false
Age Of Property:

125
Construction Materials:

Vinyl Siding
Roof:

Age Over 8 Years, Asphalt
Accessibility Features:

None
Levels:

More Than 2 Stories
Main Level Finished Area:

902.0000
Basement:

Block, Full, Storage Space
Basement:

true
Foundation Area:

722
Building Area Total:

2679
Above Grade Finished Area:

2679

Room Dimensions

Living Area:

2679

Location

Directions:

University Ave to south on Oak St to property.
Latitude:

44.969096
Longitude:

-93.226682

The Property

Parcel Number:

3002923320047
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Other
Additional Parcels:

false
Lot Features:

Public Transit (w/in 6 blks), Many Trees
Lot Size Area:

0.1
Lot Size Dimensions:

30x140
Lot Size Units:

Acres
Topography:

Level
Road Frontage Type:

City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Road Responsibility:

Public Maintained Road
Fencing:

None
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

8243
Tax With Assessments:

8243.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Electric:

Circuit Breakers, 100 Amp Service
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

One Per Unit

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Meeker Island Land & Power Co Add Rev
Assessment Pending:

No

Parking

Parking Features:

Assigned, Detached, Asphalt, Open
Garage Spaces:

1
Garage SqFt:

240

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
4/16/25 Apr 16, 2025	Listed / Active	NORTHSTAR	$995,000
11/15/24 Nov 15, 2024	Listed / Active	NORTHSTAR
6/14/24 Jun 14, 2024	Listed / Active	NORTHSTAR

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This multifamily located in University, Minneapolis, MN 55414 is currently for sale for $995,000. 629 Oak Street SE is a 2,679 square foot multifamily with – beds and – baths that has been on Estately for 5 days. 629 Oak Street SE is in the University neighborhood of Minneapolis and has a WalkScore® of 75, making it very walkable. This multifamily is in the attendance area of Northeast Middle School, Thomas Edison High School, and Pratt Community School.

Listing Courtesy of: NORTHSTAR and Coldwell Banker Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.