566 & 568 37th Avenue NEMinneapolis, MN 55421
$519,000
6 bedrooms · 4 bathrooms · 2,729 finished sq ft · 0.13 acre lot
About this home
Prime Northeast Minneapolis Duplex Investment! This turnkey, 100% leased side-by-side duplex offers robust, stable cash flow in a high-demand rental market. • The Property: Spacious side-by-side layout with 1,364 finished sq. ft. per side. • The Income: Strong gross rent of $5,020/month ($60,240 annually). • Guaranteed Revenue: Unit 566 is backed by MPHA rental assistance (approx. $1,976/month ($23,712 annually). • The Location: Quiet neighborhood within walking distance to Columbia Parkway, 2 miles to top NE bars/restaurants, and <5 miles to downtown. • Portfolio Option: Located at 566 & 568 37th Ave NE, this is part of a portfolio with 2549 11th Ave S (MLS 7149877). Properties can be sold individually. Please review the Offering Memorandum for additional details.
Home facts
- Home type
- Multi-family home
- Style
- Duplex
- Year built
- 1963
- Bedrooms
- 6
- Bathrooms
- 4
- Finished sq ft
- 2,729
- Lot
- 0.13 acres
- Basement
- Finished
- Heating
- Natural Gas, Forced Air
- Property taxes
- $6,097 a year
- Listed
- October 9, 2026
- MLS number
- 7149871
Listing courtesy of Edina Realty, Inc. (Bradley Edlefsen). MLS #7149871.
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How it compares
566 & 568 37th Avenue NE, Minneapolis, MN 55421 is a 6-bedroom multi-family home built in 1963 in Columbia Park, listed for $519,000 on October 9, 2026 by Edina Realty, Inc.. That is in the upper quarter of the 182 multi-family homes for sale in Minneapolis right now (median $399,900; $190 per square foot here against $170 for the group). That works out to $190 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 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.
- Columbia 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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