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3879 Polk Street NE, Minneapolis, MN 55421

$500,750

Property Type: Multi-Family Bedrooms: 6 Baths: 6 Square Footage: 3,992 Lot Size (sq. ft.): 8,276 Status: Closed

Current Price: $500,750 List Date: 4/04/2025 Last Modified: 7/04/2026

Overview

Description

This unique side-by-side, three-level split duplex in Columbia Heights is a smart opportunity for an owner-occupant looking to offset their mortgage. Each unit features 3 bedrooms, 3 bathrooms, a two-car tuck-under garage, vaulted ceilings, two fireplaces, a spacious family room, and a deck leading to a fenced backyard. The vacant unit is move-in ready with brand-new carpet, fresh paint, and a clean, open layout, while the other side has long-term tenants already in place. Live in one side and let the rental income from the other help pay your mortgage—potentially covering most or even all of it. Located less than 10 minutes from downtown Minneapolis, with quick access to Central Avenue, University Avenue, 35W, and 694, this property offers both convenience and strong financial upside. It’s a rare chance to own a high-quality duplex in a great location with a layout that feels more like a single-family home.

Listing Details MLS# 6674874

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront YN: No
Year Built: 1978
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 2392
Above Ground SqFt: 2392
Below Grd Total SqFt: 1600
Total SqFt: 3992
Foundation Size: 2392
Style: (MF) Duplex Side X Side
Total Finished Sqft: 3480.00
Power Company: Xcel Energy
Garage Stalls: 4
Lot Dimensions: 111x63x128x58x25
Acres: 0.19
Assessment Pending: No

Property Features

Accessible: None Amenities Shared: None Basement: Egress Windows; Partial; Partially Finished; Sump Pump Construction Status: Previously Owned Electric: Circuit Breakers Existing Financing: Conventional Exterior: Stucco Fencing: Chain Link Financing Terms: Conventional Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air Internet Options: Cable Laundry: In Basement Lot Description: Corner Lot; Irregular Lot; Public Transit (w/in 6 blks); Tree Coverage - Light Parking Characteristics: Multiple Garages; Garage Door Opener; Insulated Garage; Tuckunder Garage Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Contract for Deed; Conventional; FHA Sewer: City Sewer/Connected Stories: Three Level Split Tenant Pays: Electricity; Gas Unit 1 Amenities: Ceiling Fan(s); Deck; Hardwood Floors; Natural Woodwork; Tile Floors; Washer/Dryer Hookup Unit 1 Appliances: Dishwasher; Disposal; Dryer; Exhaust Fan/Hood; Range; Washer Unit 1 Bath Description: 1/2 Basement; 3/4 Primary; Private Primary; Upper Level Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Informal Dining Room Unit 1 Family Room Characteristics: Family Room; Lower Level Unit 1 Fireplace Char: Wood Burning Unit 2 Amenities: Ceiling Fan(s); Deck; Hardwood Floors; Natural Woodwork; Tile Floors; Washer/Dryer Hookup Unit 2 Appliances: Dishwasher; Disposal; Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer Unit 2 Bath Description: 1/2 Basement; 3/4 Primary; Private Primary; Upper Level Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Informal Dining Room Unit 2 Family Room Characteristics: Family Room; Lower Level Unit 2 Fireplace Char: Wood Burning Water: City Water/Connected

Contract Information

Off Market Date: 2025-06-16
Contingency: None
Closed Date: 2025-07-01
Original List Price: 599900
ListPrice: 524900
Sales Close Price: 500750
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3879
Street Name: Polk
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Anoka
State: MN
Zip Code: 55421
Complex/Dev/Subdivision: Waltons 1st Sub Reser Hills

Assessments

Tax With Assessments: 7562
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2392
Finished SqFt Below Ground: 1088

More Information

Income and Expenses

Annual Gross Expenses: 4880
Annual Gross Income: 50400
Annual Insurance Expense: 1680
Annual Maintenance Expense: 600
Annual Net Income: 45520
Annual Repair Expense: 600
Annual Trash Expense: 1000
Annual Water/Sewer Expense: 1000
Total Annual Expenses: 4880
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Misc Monthly Income: 0
Misc. Annual Income: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 780
Multiple Garages: Yes
Garage Door Opener: Yes
Insulated Garage: Yes
Tuckunder Garage: Yes

Public Survey Info

Range#: 24
Section#: 36
Township#: 30

Unit 1

Furnished?: No
Lease Expiration Date: 2025-06-30
Leased?: No
Level: Multi-Level
Unit Number: Yes
# of Fireplaces: 2
1/2 Baths: Yes
3/4 Baths: Yes
Annual Rent: 25200
Finished SqFt: 1922
Full Baths: Yes
Monthly Expense: 110
Monthly Rent: 2100
No. of Units Like This: Yes
Total Baths: 3
Total Bedrooms: 3
Total Rooms: 10

Unit 2

Furnished?: No
Leased?: No
Level: Multi-Level
Unit Number: 2
# of Fireplaces: 2
1/2 Baths: Yes
3/4 Baths: Yes
Finished SqFt: 1922
Full Baths: Yes
Monthly Expense: 110
No. of Units Like This: Yes
Total Baths: 3
Total Bedrooms: 3
Total Rooms: 10

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: WALTONS FIRST SUBDIVISION OF RESERVOIR HILLS THAT PART OF LOT 1 BLK 6 WALTONS 1ST SUB OF RESERVOIR HILLS LYING SW OF THE FOL DESC LINE-BEG AT A POINT ON THE SE LINE OF SAID LOT 1 SAID POINT BEIN G 63 FT NE FROM THE MOST SLY CORNER THEREOF-TH IN A STR AIGHT LINE TO A POINT ON THE N LINE OF SD LOT1 SAID POINT BEING 157 FT WLY FROM THE MOST ELY CORNER & THERE TERMINATING
Listing City: Columbia Heights
Map Page: 92
Municipality: Columbia Heights
School District: Columbia Heights
School District Phone: 763-528-4500
Zip Plus 4: 4079
Property ID Number: 363024340146
Tax Year: 2024
Tax Amount: 7562
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This unique side-by-side, three-level split duplex in Columbia Heights is a smart opportunity for an owner-occupant looking to offset their mortgage. Each unit features 3 bedrooms, 3 bathrooms, a two-car tuck-under garage, vaulted ceilings, two fireplaces, a spacious family room, and a deck leading to a fenced backyard. The vacant unit is move-in ready with brand-new carpet, fresh paint, and a clean, open layout, while the other side has long-term tenants already in place. Live in one side and let the rental income from the other help pay your mortgage—potentially covering most or even all of it. Located less than 10 minutes from downtown Minneapolis, with quick access to Central Avenue, University Avenue, 35W, and 694, this property offers both convenience and strong financial upside. It’s a rare chance to own a high-quality duplex in a great location with a layout that feels more like a single-family home.
Directions: Go North on 35W and exit on Johnson St. NE. A few miles north on Johnson St, you will take a left on 39th Ave NE. The duplex is a block down the road on the corner of Polk St and 39th Ave.

Accessible

None: Yes

Amenities Shared

None: Yes

Basement

Egress Windows: Yes
Partial: Yes
Partially Finished: Yes
Sump Pump: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Existing Financing

Conventional: Yes

Exterior

Stucco: Yes

Fencing

Chain Link: Yes

Financing Terms

Conventional: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Cable: Yes

Laundry

In Basement: Yes

Lot Description

Corner Lot: Yes
Irregular Lot: Yes
Public Transit (w/in 6 blks): Yes
Tree Coverage - Light: Yes

Patio, Porch and Deck Features

Deck: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Storm Sewer: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes
FHA: Yes

Sewer

City Sewer/Connected: Yes

Stories

Three Level Split: 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

Ceiling Fan(s): Yes
Deck: Yes
Hardwood Floors: Yes
Natural Woodwork: Yes
Tile Floors: Yes
Washer/Dryer Hookup: Yes

Unit 1 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Exhaust Fan/Hood: Yes
Range: Yes
Washer: Yes

Unit 1 Bath Description

1/2 Basement: Yes
3/4 Primary: Yes
Private Primary: Yes
Upper Level Full Bath: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Dining Room Description

Informal Dining Room: Yes

Unit 1 Family Room Characteristics

Family Room: Yes
Lower Level: Yes

Unit 1 Fireplace Char

Wood Burning: Yes

Unit 2 Amenities

Ceiling Fan(s): Yes
Deck: Yes
Hardwood Floors: Yes
Natural Woodwork: Yes
Tile Floors: Yes
Washer/Dryer Hookup: Yes

Unit 2 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Exhaust Fan/Hood: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

1/2 Basement: Yes
3/4 Primary: Yes
Private Primary: Yes
Upper Level Full Bath: Yes

Unit 2 Cooling

Central: Yes

Unit 2 Dining Room Description

Informal Dining Room: Yes

Unit 2 Family Room Characteristics

Family Room: Yes
Lower Level: Yes

Unit 2 Fireplace Char

Wood Burning: Yes

Listing Office: eXp Realty

Last Updated: July - 04 - 2026

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