1611 NE Madison Street, Minneapolis, MN 55413

New Listing
$265,000
Property Type: Multi-Family Bedrooms: 3 Baths: 2 Square Footage: 2,488 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $265,000 List Date: 6/26/2026 Last Modified: 6/27/2026

Overview

Description

Investor opportunity in Minneapolis. Up/down duplex in need of renovation. Main level offers a front sunroom, 1 bedroom, and 1 bath. Upper unit features 2 bedrooms, 1 bath, and a balcony. Bring your vision and updates to unlock this property's potential.

Listing Details MLS# 7098687

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
924
Above Ground SqFt
1848
Below Grd Total SqFt
640
Total SqFt
2488
Foundation Size
924
Style
(MF) Duplex Up and Down
Total Finished Sqft
1848.00
Garage Stalls
2
Lot Dimensions
42x127
Acres
0.12
Assessment Pending
Unknown

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Storage Space; Unfinished Construction Materials: Block Construction Status: Previously Owned Electric: 100 Amp Service; Circuit Breakers Exterior: Aluminum Siding Fencing: None Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Lower Level; Upper Level Lock Box Type: Combo Sewer: City Sewer/Connected Stories: Two Unit 1 Amenities: Hardwood Floors; Main Floor Primary Bedroom; Porch; Sun Room Unit 1 Appliances: Range Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 1 Family Room Characteristics: Main Level Unit 2 Amenities: Balcony; Hardwood Floors; Kitchen Window Unit 2 Appliances: Range Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: None Unit 2 Dining Room Description: Separate/Formal Dining Rm Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
265000
ListPrice
265000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
1611
Street Direction Prefix
NE
Street Name
Madison
Street Suffix
Street
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55413
Complex/Dev/Subdivision
Gortons Sup Monroe St Add

Assessments

Tax With Assessments
6327
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1848

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22x20
Garage Square Feet
434

Public Survey Info

Range#
24
Section#
14
Township#
29

Unit 1

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
Yes
Finished SqFt
924
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
8

Unit 2

Furnished?
No
Leased?
No
Level
2nd Level
Unit Number
2
Finished SqFt
924
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 009 GORTONS SUP MONROE ST ADDN TO MPLS
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
1428
Property ID Number
1402924120024
Tax Year
2025
Tax Amount
5727
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Investor opportunity in Minneapolis. Up/down duplex in need of renovation. Main level offers a front sunroom, 1 bedroom, and 1 bath. Upper unit features 2 bedrooms, 1 bath, and a balcony. Bring your vision and updates to unlock this property's potential.
Directions
Central Ave NE to Broadway St NE to Monroe St NE to NE 15th Ave to NE Madison St, home on the right

Accessible

None
Yes

Assumable Loan

Not Assumable
Yes

Basement

Storage Space
Yes
Unfinished
Yes

Construction Materials

Block
Yes

Construction Status

Previously Owned
Yes

Electric

100 Amp Service
Yes
Circuit Breakers
Yes

Exterior

Aluminum Siding
Yes

Fencing

None
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

Lower Level
Yes
Upper Level
Yes

Lock Box Type

Combo
Yes

Patio, Porch and Deck Features

Deck
Yes
Porch
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Income and Expenses

Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Gross Income
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
Total Annual Expenses
0

No. of Ranges

Two
Yes

No. of Refrigerators

None
Yes

Unit 1 Amenities

Hardwood Floors
Yes
Main Floor Primary Bedroom
Yes
Porch
Yes
Sun Room
Yes

Unit 1 Appliances

Range
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

None
Yes

Unit 1 Dining Room Description

Separate/Formal Dining Rm
Yes

Unit 1 Family Room Characteristics

Main Level
Yes

Unit 2 Amenities

Balcony
Yes
Hardwood Floors
Yes
Kitchen Window
Yes

Unit 2 Appliances

Range
Yes

Unit 2 Bath Description

Upper Level Full Bath
Yes

Unit 2 Cooling

None
Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm
Yes
IDX
Listing Office: Kris Lindahl Real Estate
Last Updated: June - 27 - 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.