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Active NEW!
$645,000
/mo Edit
Multi-family:  Duplex Up and Down
5 br • 3 ba • Built 1897
3,805 sqft • 0.12 acres
Minneapolis schools
MLS# 7116154
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    Property Description

    Welcome to 1519 Adams Street NE, a rare opportunity to own a legal triplex in one of Northeast Minneapolis' most sought-after neighborhoods. Whether you're looking to house hack, expand your investment portfolio, or add a true multi-family asset to your holdings, this property checks all the boxes. Each unit offers generous square footage, impressive ceiling heights, abundant natural light, and spacious layouts with traditional front and side corridors that add to the functionality of a true triplex - opposed to others that can feel cut up and funky. Large kitchens, ample storage, off-street parking, central air-conditioning, and a detached garage add to the property's appeal, while the well-maintained condition allows the next owner to move in or lease with confidence. Just minutes from the restaurants, breweries, and shopping that make Northeast Minneapolis so desirable, this is a rare opportunity to own a true triplex in an exceptional location. Reach out today to schedule a private viewing!

    Listing

    Contingency: None
    Price per sq ft: $170
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55413
    Neighborhood/Area: 43
    Subdivision Name: Mcmillans Add

    Interior

    Living Area: 3,805 ft2
    Refrigerators: Three
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Size: 420 ft2
    Foundation Size: 1,403 ft2
    Fencing: Wood
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • More Parking Offsite for Fee
    Road Frontage: City Street

    Rooms

    Laundry: Common Area

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.12
    Geolocation: 45.003655, -93.255913
    Lot Dimensions: 128 x 40
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $11,045
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $11,045

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Compass.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.