1520 Washington Street NE, Minneapolis, MN 55413

New Listing
$449,900
Property Type: Multi-Family Bedrooms: 5 Baths: 2 Square Footage: 4,200 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $449,900 List Date: 7/11/2026 Last Modified: 7/11/2026

Overview

Description

Thoughtfully updated duplex in the Sheridan neighborhood of Northeast Minneapolis, offering a blend of modern updates and well-maintained historic character. The lower unit underwent a complete renovation in 2021, including a new kitchen with custom cabinetry, quartz countertops, stainless steel appliances, and a tiled 3/4 bathroom. Additional improvements include refinished hardwood floors, updated lighting throughout, and private in-unit laundry. The upper unit has been recently refreshed with new paint and luxury vinyl plank flooring throughout. In 2023, the property underwent comprehensive lead-based paint remediation, including all new windows and replacement of all affected surfaces identified during the remediation process, providing added peace of mind for future ownership. Major mechanical updates include a new boiler (2026), two new water heaters (2025), and separated electrical service. Outside, enjoy a fully fenced backyard and a detached two-stall garage. Both units are cu ...

Listing Details MLS# 7102856

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1150
Above Ground SqFt
3050
Below Grd Total SqFt
1150
Total SqFt
4200
Foundation Size
1150
Style
(MF) Duplex Up and Down
Total Finished Sqft
2348.00
Garage Stalls
2
Lot Dimensions
40x138
Acres
0.13
Assessment Pending
No

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Unfinished Construction Status: Previously Owned Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lock Box Type: Supra Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Unit 1 Cooling: Window Unit 2 Cooling: Window Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
449900
ListPrice
449900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1520
Street Name
Washington
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55413
Complex/Dev/Subdivision
Cutters Add

Assessments

Tax With Assessments
6511
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2348

More Information

Income and Expenses

Annual Gross Income
40800
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
MAAR
Supra
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
500

Public Survey Info

Range#
24
Section#
14
Township#
29

Unit 1

Furnished?
No
Lease Expiration Date
2026-10-01
Leased?
Yes
Level
Main Level
Unit Number
Yes
3/4 Baths
Yes
Annual Rent
22800
Finished SqFt
1200
Monthly Rent
1900
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
7

Unit 2

Furnished?
No
Lease Expiration Date
2026-08-01
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
18000
Finished SqFt
1200
Full Baths
Yes
Monthly Rent
1500
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
7

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 006 BLOCK 007 CUTTERS ADDN TO MPLS
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Property ID Number
1402924210059
Tax Year
2025
Tax Amount
6511
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Thoughtfully updated duplex in the Sheridan neighborhood of Northeast Minneapolis, offering a blend of modern updates and well-maintained historic character. The lower unit underwent a complete renovation in 2021, including a new kitchen with custom cabinetry, quartz countertops, stainless steel appliances, and a tiled 3/4 bathroom. Additional improvements include refinished hardwood floors, updated lighting throughout, and private in-unit laundry. The upper unit has been recently refreshed with new paint and luxury vinyl plank flooring throughout. In 2023, the property underwent comprehensive lead-based paint remediation, including all new windows and replacement of all affected surfaces identified during the remediation process, providing added peace of mind for future ownership. Major mechanical updates include a new boiler (2026), two new water heaters (2025), and separated electrical service. Outside, enjoy a fully fenced backyard and a detached two-stall garage. Both units are currently leased on a month-to-month basis, generating $1,900 per month for the lower unit and $1,500 per month for the upper unit, offering flexibility for both investors and owner-occupants.
Directions
Take I-94 to Broadway Ave NE, then head North on Washington St NE

Accessible

None
Yes

Assumable Loan

Not Assumable
Yes

Basement

Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

Unit 1 Cooling

Window
Yes

Unit 2 Cooling

Window
Yes
IDX
Listing Office: Premier Realty LLC
Last Updated: July - 11 - 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.