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6029 Portland Avenue, Minneapolis, MN 55417

New Listing

$465,000

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Property Type: Multi-Family Bedrooms: 5 Baths: 2 Square Footage: 3,499 Lot Size (sq. ft.): 5,663 Status: Coming Soon

Current Price: $465,000 List Date: 6/08/2026 Last Modified: 6/08/2026

Overview

Description

Diamond Lake area duplex with immediate income in place. Both units are leased through August 2026 at $1,800/month each — $3,600/month gross rent — giving a new owner a clean runway to assume existing tenants or reset terms at lease end. There is a detached garage and off-street parking. Built in 1912 with classic two-story character, 1,838 finished square feet, and two separate units. A rare opportunity to own income-producing property in one of south Minneapolis's most desirable neighborhoods.

Listing Details MLS# 7087204

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1912
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family, Residential-Single Famil
Main Floor Total SqFt: 922
Above Ground SqFt: 2620
Below Grd Total SqFt: 879
Total SqFt: 3499
Foundation Size: 879
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2620.00
Garage Stalls: 2
Lot Dimensions: 50x113x50x112
Acres: 0.13
Assessment Pending: No

Property Features

Accessible: None Basement: Storage Space; Unfinished Construction Materials: Frame Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Metal; Vinyl Fencing: Full; Privacy; Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light Parking Characteristics: Shared Garage/Stall Pool Description: None Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Asphalt Shingles; Pitched Sewer: City Sewer/Connected Shared Rooms: Other Stories: Two Topography: Level Unit 1 Amenities: Hardwood Floors; Kitchen Window; Natural Woodwork; Patio Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Eat In Kitchen; Living/Dining Room Unit 1 Special Search: Main Floor Bedroom Unit 2 Amenities: Deck; Hardwood Floors; Kitchen Window; Natural Woodwork; Tile Floors; Walk-Up Attic Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Dining Room Description: Living/Dining Room Water: City Water/Connected

Contract Information

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

Location Tax and Other Information

House Number: 6029
Street Name: Portland
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55417
Complex/Dev/Subdivision: Tingdale Bros Portland Way

Assessments

Tax With Assessments: 6122
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2620

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 528
Shared Garage/Stall: Yes

Public Survey Info

Range#: 24
Section#: 23
Township#: 28

Unit 1

Furnished?: No
Lease Expiration Date: 2026-08-31
Leased?: Yes
Unit Number: Yes
Annual Rent: 21600
Finished SqFt: 919
Full Baths: Yes
Monthly Rent: 1800
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 2

Furnished?: No
Lease Expiration Date: 2026-08-31
Leased?: Yes
Unit Number: 2
Annual Rent: 21600
Finished SqFt: 919
Full Baths: Yes
Monthly Rent: 1800
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 6

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 010 BLOCK 014 TINGDALE BROS PORTLAND WAY
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 5136
Property ID Number: 2302824330108
Tax Year: 2026
Tax Amount: 6122
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Diamond Lake area duplex with immediate income in place. Both units are leased through August 2026 at $1,800/month each — $3,600/month gross rent — giving a new owner a clean runway to assume existing tenants or reset terms at lease end. There is a detached garage and off-street parking. Built in 1912 with classic two-story character, 1,838 finished square feet, and two separate units. A rare opportunity to own income-producing property in one of south Minneapolis's most desirable neighborhoods.
Directions: Crosstown 62 to Portland Ave. - N on Portland to home

Accessible

None: Yes

Basement

Storage Space: Yes
Unfinished: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Exterior

Metal: Yes
Vinyl: Yes

Fencing

Full: Yes
Privacy: Yes
Vinyl: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lot Description

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

Pool Description

None: 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

Asphalt Shingles: Yes
Pitched: Yes

Sewer

City Sewer/Connected: Yes

Shared Rooms

Other: Yes

Stories

Two: Yes

Topography

Level: 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

Two: Yes

Unit 1 Amenities

Hardwood Floors: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Patio: Yes

Unit 1 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Dining Room Description

Eat In Kitchen: Yes
Living/Dining Room: Yes

Unit 1 Special Search

Main Floor Bedroom: Yes

Unit 2 Amenities

Deck: Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Tile Floors: Yes
Walk-Up Attic: Yes

Unit 2 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

Upper Level Full Bath: Yes

Unit 2 Dining Room Description

Living/Dining Room: Yes

Listing Office: Wits Realty

Last Updated: June - 08 - 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.