$360,000

671 Spring Street NE, Minneapolis, MN 55413

  • 2 beds |
  • 2 baths |
  • 1,531 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $235/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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. 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.

Listing Status:
Active
Data Last Updated:
June 19, 2026 at 2:18PM
Listing Office:
Compass : 952-283-0897
MLS ID:
7094390
  • Laundry: In BasementLaundry Room
  • Basement: Unfinished
  • Heating: Forced Air
  • General: Stucco
  • Pool: None
  • Parking: Attached Garage
  • Roofing: Age 8 Years or LessAsphalt
  • General: TwoPoured Concrete
  • Road/Access: City Street
  • Originating MLS: northstar
  • School District: Minneapolis
  • County: Hennepin
  • Zoning: 1402924420072
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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