1602 Adams Street NE, Minneapolis, MN 55413

$450,000
Property Type: Multi-Family Bedrooms: 5 Baths: 2 Square Footage: 2,017 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $450,000 List Date: 6/19/2026 Last Modified: 7/16/2026

Overview

Description

Welcome to this spacious up-and-down duplex in the highly sought-after Logan Park neighborhood, where charm, character, and functionality come together. Main floor unit offers 3 bedrooms / upper unit offering 2 bedrooms, both with formal dining rooms, and beautiful hardwood floors that add warmth and timeless appeal throughout. Large windows fill the living spaces with natural light, creating inviting environments for both residents and guests. Main unit has month to month lease at $2,100/mo (tenant pays gas & electric). Top vacant unit estimated income is $1,800/mo (tenant pays gas & electric). Total gross revenue if fully leased is estimated at $46,800. Outside, mature trees, established gardens, a private deck, and a privacy fence transform the backyard into a peaceful retreat perfect for relaxing or entertaining. Ample storage is available with a large basement, detached garage, and generous walk-in closets in both units. Whether you're looking to owner-occupy or expand your i ...

Listing Details MLS# 7095038

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
1217
Above Ground SqFt
2017
Total SqFt
2017
Foundation Size
1020
Style
(MF) Duplex Up and Down
Total Finished Sqft
2017.00
Garage Stalls
2
Lot Dimensions
40x130
Acres
0.12
Assessment Pending
No
Below Grd Total SqFt
0

Property Features

Accessible: None Amenities Shared: Deck; Porch Basement: Full Construction Status: Previously Owned Exterior: Metal; Shakes; Vinyl Fencing: Wood Foundation: Combination Fuel: Natural Gas Heating: Forced Air Laundry: Gas Dryer Hookup; In Unit; Washer Hookup Owner Pays: Lawn; Sewer; Snow Removal; Trash Collection; Water Pool Description: None Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas Unit 1 Amenities: Deck; Hardwood Floors; Kitchen Window; Natural Woodwork; Porch; Washer/Dryer Hookup Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor 3/4 Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Eat In Kitchen; Separate/Formal Dining Rm Unit 1 Special Search: Main Floor Bedroom Unit 2 Amenities: Deck; Hardwood Floors; Kitchen Window; Natural Woodwork Unit 2 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Separate/Formal Dining Rm Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
465000
ListPrice
450000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1602
Street Name
Adams
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55413
Complex/Dev/Subdivision
Mcmillans Add

Assessments

Tax With Assessments
7624
Assessment Balance
0
Assessment Installment
0

Building Information

Finished SqFt Above Ground
2017

More Information

Income and Expenses

Annual Gross Income
46800
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 Net Income
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Misc Monthly Income
0
Misc. Annual Income
0
Total Annual Expenses
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22x20
Garage Square Feet
440

Public Survey Info

Range#
24
Section#
14
Township#
29

Unit 1

Furnished?
No
Lease Expiration Date
2027-06-01
Leased?
Yes
Level
Main Level
Unit Number
Yes
3/4 Baths
Yes
Annual Rent
25200
Finished SqFt
1217
Monthly Rent
2100
No. of Units Like This
Yes
Oth Parking Spaces
2
Total Baths
Yes
Total Bedrooms
3
Total Rooms
5

Unit 2

Furnished?
No
Leased?
No
Level
2nd Level
Unit Number
2
Finished SqFt
800
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 009 BLOCK 003 MCMILLANS ADDN TO MPLS
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
1446
Property ID Number
1402924120077
Tax Year
2026
Tax Amount
7624
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome to this spacious up-and-down duplex in the highly sought-after Logan Park neighborhood, where charm, character, and functionality come together. Main floor unit offers 3 bedrooms / upper unit offering 2 bedrooms, both with formal dining rooms, and beautiful hardwood floors that add warmth and timeless appeal throughout. Large windows fill the living spaces with natural light, creating inviting environments for both residents and guests. Main unit has month to month lease at $2,100/mo (tenant pays gas & electric). Top vacant unit estimated income is $1,800/mo (tenant pays gas & electric). Total gross revenue if fully leased is estimated at $46,800. Outside, mature trees, established gardens, a private deck, and a privacy fence transform the backyard into a peaceful retreat perfect for relaxing or entertaining. Ample storage is available with a large basement, detached garage, and generous walk-in closets in both units. Whether you're looking to owner-occupy or expand your investment portfolio, this well-maintained duplex offers exceptional space, comfort, and opportunity in one of Northeast Minneapolis' most welcoming neighborhoods.
Directions
Broadway to Washington St NE, North to 13th, East to Adams, North to home.

Accessible

None
Yes

Amenities Shared

Deck
Yes
Porch
Yes

Basement

Full
Yes

Construction Status

Previously Owned
Yes

Exterior

Metal
Yes
Shakes
Yes
Vinyl
Yes

Fencing

Wood
Yes

Foundation

Combination
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

Gas Dryer Hookup
Yes
In Unit
Yes
Washer Hookup
Yes

Owner Pays

Lawn
Yes
Sewer
Yes
Snow Removal
Yes
Trash Collection
Yes
Water
Yes

Pool Description

None
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
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

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

Unit 1 Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

Main Floor 3/4 Bath
Yes

Unit 1 Cooling

Central
Yes

Unit 1 Dining Room Description

Eat In Kitchen
Yes
Separate/Formal Dining Rm
Yes

Unit 1 Special Search

Main Floor Bedroom
Yes

Unit 2 Amenities

Deck
Yes
Hardwood Floors
Yes
Kitchen Window
Yes
Natural Woodwork
Yes

Unit 2 Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Bath Description

Upper Level Full Bath
Yes

Unit 2 Cooling

Central
Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm
Yes
IDX
Listing Office: Fox Realty
Last Updated: July - 16 - 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.
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