516 8th Avenue NE, Minneapolis, MN 55413 (MLS# 7151604)


$479,500
516 8th Avenue NE
Minneapolis, MN 55413
MLS# 7151604
6 beds  |  3 baths  |  4490 sqft


516 8th Avenue NE, Minneapolis, MN 55413
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516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413 516 8th Avenue NE, Minneapolis, MN 55413
Open House (10/10/2026 - 11:00 am - 1:00 pm)

Property Description
Classic Northeast Minneapolis up/down duplex on a quiet, tree-lined street, beautifully blending timeless original character with thoughtful modern updates. Both units are filled with natural light throughout the day and showcase the craftsmanship of the home's original millwork, solid wood doors, hardwood floors, and stained glass windows. Fresh paint throughout was carefully selected to complement the original woodwork rather than compete with it, with a rich, deep green palette creating a sophisticated contrast against its warmth and a cohesive, inviting feel from room to room. The upper unit is vacant and move-in ready, offering 3 bedrooms with flexibility for a home office, a bright living room with a stunning stained glass bay, and a beautifully updated kitchen featuring brand-new stainless steel appliances, new stone countertops, new flooring, and a new backsplash. A covered back deck provides additional outdoor living space, and a huge walk-up attic offers excellent potential for future expansion (buyer to verify). The main-level unit also features 3 bedrooms, with room for a home office or flex space, along with inviting living and dining rooms and a screened porch. It is currently leased at $2,160/month, providing rental income. Both the front and rear entryways have been freshly painted and finished with new carpeting, creating a welcoming transition into each level. The basement offers abundant storage, a separate, fully finished bathroom, and a laundry area, plus the potential to finish additional space for even more living area. Outside, a large fenced backyard offers plenty of room to entertain, relax, garden, or enjoy the outdoors, with a shed for extra storage. A private driveway adds convenient off-street parking. Additional highlights include maintenance-free siding and separately metered units. With its original architectural character, abundant natural light, extensive updates, flexible spaces, and excellent outdoor amenities, this duplex offers a distinctive opportunity for an investor or owner-occupant in Northeast Minneapolis. Don't miss it!

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 479500
Original List Price: 479500
ListPrice: 479500
List Date: 2026-09-28
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1904
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family, Residential-Single Famil
Bedrooms: 6
Baths Total: 3
Main Floor Total SqFt: 1310
Above Ground SqFt: 3370
Below Grd Total SqFt: 1120
Total SqFt: 4490
Foundation Size: 1120
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2310.00
Lot Dimensions: Irregular
Acres: 0.13
Assessment Pending: No
Location Tax and Other Information
House Number: 516
Street Name: 8th
Street Suffix: Avenue
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55413
Complex/Dev/Subdivision: Borups Add To Town Of St Anthony
Assessments
Tax With Assessments: 8114
Basement
Foundation Dimensions: 23x95
Building Information
Finished SqFt Above Ground: 2240
Finished SqFt Below Ground: 70
Income and Expenses
Annual Gross Income: 25920
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 14
Township#: 29
Unit 1
Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: 1
Finished SqFt: 1310
Full Baths: 1
Monthly Rent: 2450
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 8
Unit 2
Furnished?: No
Lease Expiration Date: 2027-04-30
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 25920
Finished SqFt: 1200
Full Baths: 2
Monthly Rent: 2160
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 10
Unit Details
Total Units: 2
Property Features
Accessible: None
Basement: Full; Partially Finished
Construction Status: Previously Owned
Exterior: Vinyl
Fencing: Full; Privacy; Wire; Wood
Foundation: Stone
Fuel: Natural Gas
Heating: Forced Air
Laundry: Common Area; In Basement
Owner Pays: Insurance; Taxes
Rental License Type: Standard
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: All Utilities
Unit 1 Amenities: Hardwood Floors; Natural Woodwork; Washer/Dryer Hookup
Unit 1 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Unit 1 Cooling: Central
Unit 2 Amenities: Hardwood Floors; Natural Woodwork; Washer/Dryer Hookup
Unit 2 Appliances: Dryer; Range; Refrigerator; Washer
Unit 2 Cooling: Central
Water: City Water/Connected

Listing Office: Compass

Last Updated: October - 03 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 4th of October 2026 04:15 AM

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