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2313 Polk Street NE, Minneapolis, MN 55418

New Listing

$399,900

Property Type: Multi-Family Bedrooms: 6 Baths: 2 Square Footage: 2,596 Lot Size (sq. ft.): 3,920 Status: Coming Soon

Current Price: $399,900 List Date: 6/21/2026 Last Modified: 6/22/2026

Overview

Description

Located in the heart of NE Minneapolis, this duplex sits in one of the city’s most sought-after neighborhoods for multifamily investors. Enjoy consistently strong rental demand, walkable access to local shops and restaurants, and close proximity to the NE Arts District, breweries, and downtown Minneapolis. This prime location supports higher achievable rents and long-term appreciation, offering a solid investment opportunity in a vibrant, high-growth area. Perfect for owner-occupy or local investors looking to expand their portfolios .

Listing Details MLS# 7096627

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: 1154
Above Ground SqFt: 2308
Below Grd Total SqFt: 288
Total SqFt: 2596
Foundation Size: 1154
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2308.00
Lot Dimensions: 45x90
Acres: 0.09
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None Basement: Partial Construction Status: Previously Owned Exterior: Stucco Foundation: Stone Fuel: Natural Gas Heating: Forced Air Owner Pays: Sewer; Taxes; Trash Collection; Water Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 399900
ListPrice: 399900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2313
Street Name: Polk
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55418
Complex/Dev/Subdivision: Hoyts Add To St Anthony

Assessments

Tax With Assessments: 6074
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2308

More Information

Income and Expenses

Annual Gross Expenses: 13135
Annual Gross Income: 40800
Annual Insurance Expense: 2200
Annual Maintenance Expense: 2160
Annual Net Income: 27665
Annual Repair Expense: 1200
Annual Trash Expense: 750
Annual Water/Sewer Expense: 750
Total Annual Expenses: 13135
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 12
Township#: 29

Unit 1

Furnished?: No
Lease Expiration Date: 2026-07-30
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 13200
Finished SqFt: 1154
Full Baths: Yes
Monthly Expense: 295
Monthly Rent: 1100
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 6

Unit 2

Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 12600
Finished SqFt: 1154
Full Baths: Yes
Monthly Expense: 295
Monthly Rent: 1050
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 6

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: BLOCK 012 HOYTS ADDN TO ST ANTHONY THAT PART OF LOT 6 AND THE E 40 FT OF LOT 5 LYING N OF THE S 100 FT THEREOF OF LOTS 5 AND 6
Listing City: Minneapolis
Map Page: 92
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 3850
Property ID Number: 1202924320060
Tax Year: 2025
Tax Amount: 6074
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Located in the heart of NE Minneapolis, this duplex sits in one of the city’s most sought-after neighborhoods for multifamily investors. Enjoy consistently strong rental demand, walkable access to local shops and restaurants, and close proximity to the NE Arts District, breweries, and downtown Minneapolis. This prime location supports higher achievable rents and long-term appreciation, offering a solid investment opportunity in a vibrant, high-growth area. Perfect for owner-occupy or local investors looking to expand their portfolios .
Directions: From Lowry Ave NE, head north on Polk St NE. Continue past 23rd Ave NE; the home will be on your right just before 24th Ave NE.

Accessible

None: Yes

Basement

Partial: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Owner Pays

Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Listing Office: Real Broker, LLC

Last Updated: June - 22 - 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.