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1034 14th Avenue SE, Minneapolis, MN 55414

New Listing

$395,000

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Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 3,001 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $395,000 List Date: 6/06/2026 Last Modified: 6/06/2026

Overview

Description

Exceptional investment opportunity in the highly desirable Como neighborhood! This charming duplex boasts a strong rental history and a prime location just minutes from the University of Minnesota, major highways, popular restaurants, shopping, parks, and more. Thoughtfully maintained and extensively updated, the property has seen numerous improvements over the past three years, including brand-new vinyl siding and exterior paint (2025), fresh interior paint, new luxury vinyl plank flooring in the main-floor entryway and primary bedroom, updated vinyl flooring in the upper-unit kitchen and bathroom, new carpet in the upper-unit bedroom, a new water heater (2023), new in-unit washers and dryers for both units, updated light fixtures and ceiling fans, refurbished lower-level windows, and additional enhancements throughout. Whether you're looking to offset your mortgage through owner-occupancy or maximize income by renting both units, this property offers outstanding flexibility and stro ... (Read more)

Listing Details MLS# 7087498

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 968
Above Ground SqFt: 2033
Below Grd Total SqFt: 968
Total SqFt: 3001
Foundation Size: 931
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2033.00
Garage Stalls: 2
Lot Dimensions: 40x132
Acres: 0.12
Assessment Pending: No

Property Features

Accessible: None Amenities Shared: Porch Assumable Loan: Not Assumable Basement: Full; Storage Space; Unfinished Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Stucco; Vinyl Fencing: None Foundation: Brick/Mortar Fuel: Natural Gas Heating: Boiler; Forced Air; Gravity; Hot Water; Zoned Laundry: In Unit; Main Level; Upper Level Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Owner Pays: Trash Collection; Water Parking Characteristics: Driveway - Shared Pool Description: None Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas Unit 1 Amenities: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Washer/Dryer Hookup Unit 1 Appliances: Cooktop; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 1 Fireplace Char: Gas Burning Unit 1 Special Search: Main Floor Bedroom; All Living Fac. on One Level; Main Floor Laundry Unit 2 Amenities: Hardwood Floors; Kitchen Window; Natural Woodwork; Porch; Washer/Dryer Hookup Unit 2 Appliances: Cooktop; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 2 Special Search: 2nd Floor Laundry; All Living Fac. on One Level Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 395000
ListPrice: 395000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1034
Street Name: 14th
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Elwells Add

Assessments

Tax With Assessments: 5772
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2033

More Information

Income and Expenses

Annual Gross Expenses: 1584
Annual Gross Income: 39360
Total Annual Expenses: 1584
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 400
Driveway - Shared: Yes

Public Survey Info

Range#: 24
Section#: 24
Township#: 29

Unit 1

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: Yes
# of Fireplaces: Yes
Annual Rent: 19800
Finished SqFt: 968
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 2

Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: 2
Annual Rent: 18360
Finished SqFt: 1065
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 7

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 024 BLOCK 005 ELWELLS ADDN TO MPLS
Listing City: Minneapolis
Map Page: 107
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Property ID Number: 2402924110132
Tax Year: 2025
Tax Amount: 5772
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Exceptional investment opportunity in the highly desirable Como neighborhood! This charming duplex boasts a strong rental history and a prime location just minutes from the University of Minnesota, major highways, popular restaurants, shopping, parks, and more. Thoughtfully maintained and extensively updated, the property has seen numerous improvements over the past three years, including brand-new vinyl siding and exterior paint (2025), fresh interior paint, new luxury vinyl plank flooring in the main-floor entryway and primary bedroom, updated vinyl flooring in the upper-unit kitchen and bathroom, new carpet in the upper-unit bedroom, a new water heater (2023), new in-unit washers and dryers for both units, updated light fixtures and ceiling fans, refurbished lower-level windows, and additional enhancements throughout. Whether you're looking to offset your mortgage through owner-occupancy or maximize income by renting both units, this property offers outstanding flexibility and strong cash-flow potential. As an added bonus, the upper unit presents an opportunity to add a third bedroom, creating additional rental income and future equity growth. Don't miss this rare chance to own a turnkey investment property in one of Minneapolis's most sought-after rental markets.
Directions: Como Ave to 14th Ave to property

Accessible

None: Yes

Amenities Shared

Porch: Yes

Assumable Loan

Not Assumable: Yes

Basement

Full: Yes
Storage Space: Yes
Unfinished: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Exterior

Stucco: Yes
Vinyl: Yes

Fencing

None: Yes

Foundation

Brick/Mortar: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes
Forced Air: Yes
Gravity: Yes
Hot Water: Yes
Zoned: Yes

Laundry

In Unit: Yes
Main Level: Yes
Upper Level: Yes

Lock Box Type

Combo: Yes

Lot Description

Public Transit (w/in 6 blks): Yes
Tree Coverage - Medium: Yes

Owner Pays

Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Covered: Yes
Enclosed: Yes
Front Porch: Yes
Porch: Yes

Pool Description

None: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Storm Sewer: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Unit 1 Amenities

Hardwood Floors: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes
Washer/Dryer Hookup: Yes

Unit 1 Appliances

Cooktop: Yes
Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 1 Fireplace Char

Gas Burning: Yes

Unit 1 Special Search

Main Floor Bedroom: Yes
All Living Fac. on One Level: Yes
Main Floor Laundry: Yes

Unit 2 Amenities

Hardwood Floors: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Porch: Yes
Washer/Dryer Hookup: Yes

Unit 2 Appliances

Cooktop: Yes
Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

Upper Level Full Bath: Yes

Unit 2 Cooling

Window: Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 2 Special Search

2nd Floor Laundry: Yes
All Living Fac. on One Level: Yes

Listing Office: Covenant Partners LLC

Last Updated: June - 06 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.