1604 Elliot AvenueMinneapolis, MN 55404
$649,900
10 bedrooms · 4 bathrooms · 4,757 finished sq ft · 0.16 acre lot
About this home
Incredible opportunity to own a large Duplex, 5 bedrooms each, in a mostly owner occupied neighborhood just blocks to downtown Minneapolis, Universities and Hospitals. There is a great need for housing opportunities for traveling nurses as well as college students in this fabulous location. Potential income for this property is over $6000/month. This is truly a move-in ready duplex with a quick close available. Multiple updates including roof, siding, windows, mechanicals, bathrooms, kitchens, decking and so much more! A frozen pipe was an extreme headache for the seller, but such a bonus for the future buyer. If you've seen this before, its definitely worth another look. Over $125,000 in updates and repairs have just been completed. This home would also make a great mother-in-law option or for those with grown children that want their own space. The current sellers have loved this home for over 45 years and are ready for someone else to complete its next chapters.
Home facts
- Home type
- Multi-family home
- Style
- Duplex
- Year built
- 1900
- Bedrooms
- 10
- Bathrooms
- 4
- Finished sq ft
- 4,757
- Lot
- 0.16 acres
- Garage
- 2 stalls
- Basement
- Block, Finished, Full
- Heating
- Natural Gas
- Property taxes
- $8,641 a year
- Listed
- October 20, 2026
- MLS number
- 7161987
Listing courtesy of Coldwell Banker Realty (Kelle M Bowe). MLS #7161987.
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How it compares
1604 Elliot Avenue, Minneapolis, MN 55404 is a 10-bedroom multi-family home built in 1900 in Elliot Park, listed for $649,900 on October 20, 2026 by Coldwell Banker Realty. That is in the upper quarter of the 182 multi-family homes for sale in Minneapolis right now (median $399,900; $137 per square foot here against $170 for the group). That works out to $137 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Elliot Park, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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