2533 Polk Street NE, Minneapolis, MN 55418 - MLS# 7151708
$430,000
Northeast Minneapolis side by side duplex - great location and a fantastic opportunity! Perfect for an owner occupant: one side has been thoroughly updated, live in the other while you put some sweat equity into it. Each unit features 3 bedrooms (1 main, 2 up), 1 full bath, living room, laundry (free!), front and back porches and good sized kitchens. Both units are currently vacant – don’t worry about inheriting bad tenants. Maintenance free vinyl exterior, huge fully fenced back yard with patio. 2 car garage + off-street parking. 2 electrical panels, 2 furnaces, 2 water heaters, 2 refrigerators, 2 stoves, 2 exhaust fans, 1 microwave, 1 dishwasher and 1 central air unit. Walk / bike to restaurants, shops, bars, schools, and parks. A lot of space (inside and out) for a great price.
Interior Information
Size & Levels
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 55% of occupied homes are owner-occupied, and the average commute is 21 minutes.
Cost of Ownership
Median home value
$335,200
Lower than the Minneapolis median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$4,316/yr
Similar to the Minneapolis median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,973/mo
Lower than the Minneapolis median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$716/mo
Lower than the Minneapolis median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,635/mo
Higher than the Minneapolis median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
55%
Higher than Minneapolis overall
The share of occupied homes lived in by their owners.
Median year built
1938
Similar to the Minneapolis median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 1970-19794%
- 1960-196911%
- 1939 or earlier64%
Types of homes
The share of housing units in each building type.
- Single-family detached52%
- 2-4 units36%
- 5+ units10%
Getting Around
Average commute
21 min
Similar to the Minneapolis median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone64%
- Work from home29%
Homes with broadband
97%
Higher than Minneapolis overall
The share of households with a broadband internet subscription.
