1429 LOGAN AVENUE

1429 Logan Avenue, Minneapolis, 55411, MN

DETAILS

Own cheaper than rent! Excellent investment opportunity or ideal for an owner-occupant! This up/down duplex in North Minneapolis sits on a desirable corner lot and offers strong, consistent cash flow with income exceeding the 1% rule. The property holds a Tier 1 rental license and boasts a strong rental history, making it a smart addition to any portfolio. The spacious main-level unit is vacant and move-in ready, featuring 3 bedrooms, 1 bathroom, and newly refinished hardwood flooring. It previously rented for $1,600/month and is ready to show immediately. The upper-level unit includes 3 bedrooms and 1 bathroom, currently rented month-to-month at $1,600/month. Each unit has separate utilities with the tenants paying their own gas and electric. Owner pays trash, water and sewer, and provides lawn care. Recent updates include a new roof in 2024, fresh exterior paint in 2024, and new entry doors in 2025. A tuck-under one-car garage is great for extra storage along with the large unfinished basement. Whether you're looking to live in one unit and rent the other or fully lease both, this duplex has excellent income potential in a growing area!

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 1908 ft²

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: 1908ft²

  • Basement Details: Full, Unfinished,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: 1

  • Construction Materials: N/A

  • Foundation Size: 1908ft²

  • Unit Amenities:

  • Heating System:

    • Hot Water

LOT

  • Acres: N/A

  • Lot Size Dim.: irregular

  • Longitude: 44.994

  • Latitude: -93.3036

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $4,578

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7760954

  • Listing Brokerage: Coldwell Banker Burnet Agency Icon

ID: 3812509
Published: June 21, 2025
Last Update: June 21, 2025
Views: 1