671 Spring Street NEMinneapolis, MN 55413
$350,000
2 bedrooms · 2 bathrooms · 1,531 finished sq ft
About this home
Rare opportunity to own a cash-flowing Northeast duplex with reduced taxes (only $1,111.50!) and built-in rent growth. Ideal for both owner-occupants and investors, with a flexible layout featuring a 1-bedroom upper unit with a non-conforming 2nd bedroom in the attic and 1-bedroom main-level unit. Two new electrical panels in the basement, new water service line, freshly painted exterior (all updates in 2026). Current rents provide solid cash flow with built-in annual increases, while the City of Minneapolis 4D program delivers meaningful tax savings for the next two years. Owner-occupants can offset their mortgage by renting one unit, while investors benefit from stable, predictable income in a high-demand Northeast location. Opportunity to increase value over time as 4D program restrictions expire. Property includes a 1-car garage and is well positioned steps from the best of Northeast. Walking distance to coffee shops (Dogwood Coffee, Spyhouse Coffee Roasters), breweries (Bauhaus Brew Labs, Earl Giles, Indeed Brewing Company, Sociable Cider Works), restaurants (Centro, Chimborazo, Sample Room, Stanley's Northeast Bar Room), and more. Walk to Logan Park and Beltrami Park, with easy access to Boom Island’s riverfront trails.
Home facts
- Home type
- Multi-family home
- Style
- Duplex
- Year built
- 1900
- Bedrooms
- 2
- Bathrooms
- 2
- Finished sq ft
- 1,531
- Garage
- 1 stalls
- Basement
- Unfinished
- Heating
- Natural Gas, Forced Air
- Property taxes
- $1,112 a year
- Listed
- June 18, 2026
- MLS number
- 7094390
Listing courtesy of Compass (Eda Rivers). MLS #7094390.
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How it compares
671 Spring Street NE, Minneapolis, MN 55413 is a 2-bedroom multi-family home built in 1900 in St. Anthony East, listed for $350,000 on June 18, 2026 by Compass. That is in the middle range of the 182 multi-family homes for sale in Minneapolis right now (median $399,900; $229 per square foot here against $170 for the group). That works out to $229 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.
- St. Anthony East, 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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