Webster Elementary
- Enrollment
- 276
- Students per teacher
- 9.9
425 5th Street NE, Minneapolis, MN 55413
(612) 668-1210
1 / 19
808 9th Avenue SE, Minneapolis, MN 55414 - MLS# 7147630
$397,500
Bedrooms
6
Bathrooms
2
Square Feet
2,079
Acres
0.05
Year Built
1989
Property Type
Residential Income
Heating
Electric, Radiant
Days on Market
32
School District
1 - Minneapolis
Well-maintained, fully occupied duplex in a prime University of Minnesota location offering immediate cash flow and strong long-term investment potential. Both units are leased with a current gross rental income of $3,325 per month ($39,900 annually). The property has a solid operating history, stable tenants, and presents an excellent opportunity for investors seeking a turnkey rental. Future upside exists through cosmetic updates and potential rent growth while benefiting from immediate income from day one. Conveniently located near the University of Minnesota, public transportation, restaurants, and shopping.
Interior Information
BasementBlock, Finished
HeatingRadiant
FuelElectric
LaundryCommon Area
Size & Levels
LevelsSplit Entry (Bi-Level)
Total Finished Sq Ft2,079 sq ft
Above Grade Finished2,079 sq ft
Main Level Finished1,040 sq ft
Exterior & Parking
ExteriorVinyl
RoofOther
FoundationConcrete Perimeter
ParkingPaved Lot
Lot & Utilities
Property SubtypeDuplex Up and Down
Lot Size0.05 acres
Lot Dimensions42.5x50
ZoningResidential-Multi-Family
SubdivisionClara E Fuller Add
TownshipMinneapolis
CountyHennepin
SewerCity Sewer - In Street
WaterCity Water - In Street
Road FrontageCity Street
Financial & Tax Information
Annual Taxes$5,592
Tax Year2026
Tax w/ Assessments$0
Parcel Number2402924240136
Financing OptionsConventional, VA, FHA, Cash
Assumable MortgageNot Assumable
List TypeExclusive Right To Sell
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 9% of occupied homes are owner-occupied, and the average commute is 21 minutes.
Cost of Ownership
Median home value
$341,800
Lower than the Minneapolis median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$3,562/yr
Lower than the Minneapolis median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$2,639/mo
Higher than the Minneapolis median
Median monthly housing costs for owners with a mortgage.
Median rent
$1,175/mo
Lower than the Minneapolis median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
9%
Lower than Minneapolis overall
The share of occupied homes lived in by their owners.
Median year built
1983
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.
- 2010-20199%
- 2000-200917%
- 1990-19999%
- 1960-196913%
- 1950-195910%
- 1939 or earlier18%
Types of homes
The share of housing units in each building type.
- Single-family detached4%
- 2-4 units17%
- 5+ units77%
Getting Around
Average commute
21 min
Lower than 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 alone55%
- Walk or bike12%
- Work from home23%
Homes with broadband
81%
Lower than Minneapolis overall
The share of households with a broadband internet subscription.
Schools
Minneapolis Public School District
This home is in the Webster Elementary, Northeast Middle and Edison High attendance areas of Minneapolis Public School District.
Elementary
Middle
Northeast Middle
- Enrollment
- 541
- Students per teacher
- 14.2
2955 NE Hayes St, Minneapolis, MN 55418
(612) 668-1500High
Edison High
- Enrollment
- 865
- Students per teacher
- 13.5
700 22nd Ave NE, Minneapolis, MN 55418
(612) 668-1300
