$550,000
Minneapolis, MN 55414
MLS# 7129496
7 beds | 3 baths | 2664 sqft

1 / 51
Property Description
Great investment opportunity. This is a nicely finished duplex featuring two levels plus a basement room with an egress window. It includes both on-street and off-street parking, offering many options for bedrooms or living spaces. The location is also close to the University of Minnesota campus, making it ideal for potential renters.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $550,000
Original List Price: 550000
ListPrice: 550000
List Date: 2026-08-19
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1905
Yearly/Seasonal: Yearly
Lot Dimensions: 131.73 X 40
Acres: 0.12
Main Floor Total SqFt: 888
Below Grd Total SqFt: 888
Above Ground SqFt: 1776
Total SqFt: 2664
Total Finished Sqft: 2101.00
Foundation Size: 888
Style: (MF) Duplex Up and Down
Garage Stalls: 2
Power Company: Xcel Energy
Assessment Pending: No
Bedrooms: 7
Baths Total: 3
Location, Tax and Other Information
Legal Description: LOT 029 BLOCK 002 ELWELLS 2ND ADDN TO MPLS
Listing City: Minneapolis
Map Page: 107
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 3512
Property ID Number: 1302924440060
Tax Year: 2026
Tax Amount: 5821.36
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Great investment opportunity. This is a nicely finished duplex featuring two levels plus a basement room with an egress window. It includes both on-street and off-street parking, offering many options for bedrooms or living spaces. The location is also close to the University of Minnesota campus, making it ideal for potential renters.
Directions: 1174 14th Ave SE
Accessible
None: 1
Amenities Shared
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 5821.36
Basement
Concrete Block: 1
Egress Windows: 1
Foundation Dimensions: 24x37
Full: 1
Kitchenette: 1
Partially Finished: 1
Building Information
Finished SqFt Above Ground: 1776
Finished SqFt Below Ground: 325
Construction Materials
Block: 1
Frame: 1
Construction Status
Previously Owned: 1
Existing Financing
Conventional: 1
Exterior
Stucco: 1
Fencing
None: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Boiler: 1
Forced Air: 1
Laundry
Lower Level: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Supra: 1
Miscellaneous Information
DP Resource: Yes
Homestead: No
Owner Pays
All Utilities: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 180
Gravel Lot: 1
Pool Description
None: 1
Public Survey Info
Range#: 24
Section#: 13
Township#: 29
Road Frontage
City Street: 1
Curbs: 1
Paved Streets: 1
Sidewalks: 1
Storm Sewer: 1
Road Responsibility
Public Maintained Road: 1
Roof
Age Over 8 Years: 1
Asphalt Shingles: 1
Sellers Terms
Cash: 1
Conventional Rehab: 1
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Unit 1
Furnished?: No
Leased?: No
Level: Main Level
Unit Number: 1
Full Baths: 1
Total Rooms: 8
3/4 Baths: 1
Finished SqFt: 1213
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 4
Unit Details
Total Units: 2
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 0
Annual Electric Expense: 4400
Annual Fuel Expense: 2700
Annual Gross Expenses: 33749
Annual Gross Income: 40508
Annual Insurance Expense: 3300
Annual Maintenance Expense: 4000
Annual Net Income: 8000
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 1900
Total Annual Expenses: 33749
No. of Ranges
Two: 1
No. of Refrigerators
Two: 1
Tenant Pays
Telephone: 1
Unit 1 Amenities
Hardwood Floors: 1
Kitchen Window: 1
Main Floor Primary Bedroom: 1
Natural Woodwork: 1
Paneled Doors: 1
Washer/Dryer Hookup: 1
Unit 1 Appliances
Dishwasher: 1
Exhaust Fan/Hood: 1
Range: 1
Refrigerator: 1
Unit 1 Bath Description
3/4 Basement: 1
Main Floor Full Bath: 1
Unit 1 Cooling
Window: 1
Unit 1 Dining Room Description
Eat In Kitchen: 1
Unit 1 Special Search
Main Floor Bedroom: 1
Unit 2
Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: 2
Finished SqFt: 888
Full Baths: 1
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 8
Unit 2 Amenities
City View: 1
French Doors: 1
Hardwood Floors: 1
Kitchen Window: 1
Paneled Doors: 1
Porch: 1
Washer/Dryer Hookup: 1
Unit 2 Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Unit 2 Bath Description
Main Floor Full Bath: 1
Unit 2 Cooling
Window: 1
Unit 2 Dining Room Description
Eat In Kitchen: 1
Location Tax and Other Information
House Number: 1174
Street Name: 14th
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Elwells 2nd Add
Property Features
Accessible: None
Amenities Shared: None
Basement: Concrete Block; Egress Windows; Full; Kitchenette; Partially Finished
Construction Materials: Block; Frame
Construction Status: Previously Owned
Existing Financing: Conventional
Exterior: Stucco
Fencing: None
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Boiler; Forced Air
Laundry: Lower Level
Lock Box Type: Supra
Owner Pays: All Utilities
Parking Characteristics: Gravel Lot
Pool Description: None
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles
Sellers Terms: Cash; Conventional Rehab
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Telephone
Unit 1 Amenities: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Washer/Dryer Hookup
Unit 1 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Refrigerator
Unit 1 Bath Description: 3/4 Basement; Main Floor Full Bath
Unit 1 Cooling: Window
Unit 1 Dining Room Description: Eat In Kitchen
Unit 1 Special Search: Main Floor Bedroom
Unit 2 Amenities: City View; French Doors; Hardwood Floors; Kitchen Window; Paneled Doors; Porch; Washer/Dryer Hookup
Unit 2 Appliances: Dishwasher; Range; Refrigerator
Unit 2 Bath Description: Main Floor Full Bath
Unit 2 Cooling: Window
Unit 2 Dining Room Description: Eat In Kitchen
Water: City Water/Connected
Listing Office: RE/MAX Results
Last Updated: August - 25 - 2026
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