Find Your Dream Home: Search 10,000+ Homes for Sale

2801 Lincoln Street NE, Minneapolis, MN 55418

New Listing

$535,000

Property Type: Multi-Family Bedrooms: 6 Baths: 3 Square Footage: 3,416 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $535,000 List Date: 6/11/2026 Last Modified: 6/11/2026

Overview

Description

Fully remodeled mid-century side-by-side duplex in a prime Northeast Minneapolis location! Each unit features a functional 3-bedroom layout with 2 bedrooms on the main level and 1 bedroom in the lower level, an attached tuck-under garage, in-unit washer and dryer, and separate utilities, including individual furnaces, central A/C systems, and water heaters. One unit also offers a convenient lower-level 3/4 bath. Beautifully updated kitchens showcase butcher block countertops, stainless steel appliances, and modern finishes. Remodeled baths, updated flooring, and quality craftsmanship throughout create a true turnkey opportunity for an owner-occupant or investor. Most major improvements were completed in 2019 and 2020, including new kitchens, appliances, bathrooms, flooring, front and side entry doors, storm doors, gutters, central air conditioning added to both units, and a new furnace and water heater in Unit 2801. Additional recent improvements include nine newer windows and a new d ... (Read more)

Listing Details MLS# 7090615

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1962
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1708
Above Ground SqFt: 1708
Below Grd Total SqFt: 1708
Total SqFt: 3416
Foundation Size: 1708
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2508.00
Power Company: Xcel Energy
Garage Stalls: 2
Lot Dimensions: 78x67
Acres: 0.12
Assessment Pending: No

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Concrete Block; Egress Windows; Full; Partially Finished Construction Status: Previously Owned Electric: 100 Amp Service; Circuit Breakers Exterior: Fiber Board Fencing: Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; Fiber Optic Laundry: In Basement; Laundry Room Lot Description: Corner Lot Owner Pays: Insurance; Taxes; Water Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Architectural Shingle Sellers Terms: Adj. Rate/Gr Payment; Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: One Tenant Pays: Broadband; Cable TV; Electricity; Fuel; Gas; Heat; Lawn; Trash Collection Unit 1 Amenities: Open Floor Plan; Kitchen Window Unit 1 Appliances: Stainless Steel Appliances; Dishwasher; Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: 3/4 Basement; Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Breakfast Area; Informal Dining Room Unit 2 Appliances: Stainless Steel Appliances; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Breakfast Area; Informal Dining Room Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 535000
ListPrice: 535000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 2801
Street Name: Lincoln
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55418
Complex/Dev/Subdivision: Bicknells Add

Assessments

Tax With Assessments: 7310
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1708
Finished SqFt Below Ground: 800

More Information

Income and Expenses

Annual Gross Expenses: 6784
Annual Gross Income: 52800
Annual Insurance Expense: 2800
Annual Maintenance Expense: 792
Annual Net Income: 46016
Annual Repair Expense: 792
Annual Trash Expense: 1200
Annual Water/Sewer Expense: 1200
Total Annual Expenses: 6784
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

Parking Characteristics

Garage Square Feet: 480

Public Survey Info

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

Unit 1

Furnished?: No
Lease Expiration Date: 2026-07-31
Leased?: Yes
Level: Main Level
Unit Number: Yes
3/4 Baths: Yes
Annual Rent: 26400
Finished SqFt: 1254
Full Baths: Yes
Monthly Rent: 2200
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 7

Unit 2

Furnished?: No
Lease Expiration Date: 2026-07-31
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 26400
Finished SqFt: 1254
Full Baths: Yes
Monthly Rent: 2200
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 7

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: BLOCK 001 BICKNELLS ADDN TO MPLS THAT PART OF LOTS 9 AND 10 LYING W OF THE E 58 FT THOF
Listing City: Minneapolis
Map Page: 92
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 3057
Property ID Number: 1202924210003
Tax Year: 2025
Tax Amount: 6894
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Fully remodeled mid-century side-by-side duplex in a prime Northeast Minneapolis location! Each unit features a functional 3-bedroom layout with 2 bedrooms on the main level and 1 bedroom in the lower level, an attached tuck-under garage, in-unit washer and dryer, and separate utilities, including individual furnaces, central A/C systems, and water heaters. One unit also offers a convenient lower-level 3/4 bath. Beautifully updated kitchens showcase butcher block countertops, stainless steel appliances, and modern finishes. Remodeled baths, updated flooring, and quality craftsmanship throughout create a true turnkey opportunity for an owner-occupant or investor. Most major improvements were completed in 2019 and 2020, including new kitchens, appliances, bathrooms, flooring, front and side entry doors, storm doors, gutters, central air conditioning added to both units, and a new furnace and water heater in Unit 2801. Additional recent improvements include nine newer windows and a new deck. Conveniently located within walking distance of bus lines, neighborhood shops, restaurants, and other local amenities. Separate utilities and laundry for each unit simplify management while the extensive updates make this a low-maintenance investment opportunity. Perfect for an owner-occupant or investor seeking a move-in-ready duplex in a desirable Northeast Minneapolis location. Quick close possible!
Directions: Johnson St to 28th Ave. W to property

Accessible

None: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes
Egress Windows: Yes
Full: Yes
Partially Finished: Yes

Construction Status

Previously Owned: Yes

Electric

100 Amp Service: Yes
Circuit Breakers: Yes

Exterior

Fiber Board: Yes

Fencing

Wood: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Cable: Yes
Fiber Optic: Yes

Laundry

In Basement: Yes
Laundry Room: Yes

Lot Description

Corner Lot: Yes

Owner Pays

Insurance: Yes
Taxes: Yes
Water: Yes

Patio, Porch and Deck Features

Deck: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Architectural Shingle: Yes

Sellers Terms

Adj. Rate/Gr Payment: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

Broadband: Yes
Cable TV: Yes
Electricity: Yes
Fuel: Yes
Gas: Yes
Heat: Yes
Lawn: Yes
Trash Collection: Yes

Unit 1 Amenities

Open Floor Plan: Yes
Kitchen Window: Yes

Unit 1 Appliances

Stainless Steel Appliances: Yes
Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

3/4 Basement: Yes
Main Floor Full Bath: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Dining Room Description

Breakfast Area: Yes
Informal Dining Room: Yes

Unit 2 Appliances

Stainless Steel Appliances: Yes
Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

Central: Yes

Unit 2 Dining Room Description

Breakfast Area: Yes
Informal Dining Room: Yes

Listing Office: Grand Realty, LLC

Last Updated: June - 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.