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
...
(Read more)
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.
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
Listing Office:
Premier Realty LLC
Last Updated: July - 11 - 2026
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