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1639 Russell Avenue N, 
Minneapolis, MN 55411

$284,900


Bed


Bath


2,288

Sq Ft


Multi-Family

Active

Listed by

Kristy Burau

952-432-7200

Last updated:

May 2, 2025, 12:05 PM

MLS#

6690850

Source:

NSMLS

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About This Home

1639 Russell Avenue N

This charming up/down duplex in North Minneapolis is a prime investment opportunity with a strong rental history and a Tier 1 rental license. It's also a great option for an owner-occupant, allowing you to live in one unit while the tenant helps pay toward your investment. Upgrades include exterior paint in 2024, bathrooms and bathroom windows 2015, and a roof replacement 2011. Additional features include stainless steel appliances, original hardwood floors, and built-in hutches which provide additional charm and functional storage. Each unit has separate electric and boiler systems, while the owner covers trash, water, and sewer. The coin-operated laundry in the basement offers additional income potential. This property generated $1,575 per month for the main level and $1,500 per month for the upper unit, totaling $3,075 in rental income. With consistent cash flow, modern updates, timeless character, and a top-tier rental license, this duplex is a fantastic opportunity for investors or owner-occupants alike.

Home Facts

Multi-Family

Built in 1925

Price Summary

284,900

$124 per Sq. Ft.

MLS #:

6690850

Last Updated:

May 2, 2025, 12:05 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

2,288 Sq. Ft.


Structure

Structure

Building Area:

2,288 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$284,900

Price per Sq. Ft:

$124 per Sq. Ft.

1639 Russell Avenue N
Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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