129 Arthur Avenue SE Minneapolis, MN 55414
Active Contingent MLS# 7091972
4 beds 2 baths 2,530 sq ft Multi-family
Details for 129 Arthur Avenue SE
MLS# 7091972
Description for 129 Arthur Avenue SE, Minneapolis, MN, 55414
Rare opportunity to own a classic up/down duplex in the heart of Minneapolis' highly sought-after Prospect Park neighborhood. Whether you're looking to offset your mortgage with rental income or add a strong-performing asset to your investment portfolio, this property offers outstanding flexibility and long-term potential. Filled with timeless character, both units feature impressive 9-foot ceilings, original hardwood flooring, beautiful wood built-ins, detailed millwork, and abundant natural light. The upper unit boasts a remodeled kitchen with stainless steel appliances, while additional spaces including a charming sunroom/porch, private balcony, unfinished third-floor attic, and expansive basement provide exceptional storage. Major mechanical updates include a boiler (2018), two water heaters (2020), and exterior painted (2026). A half-circle paver driveway accessible from the alley offers convenient off-street parking in addition to ample street parking. Located in one of Minneapolis' most desirable urban neighborhoods, this property is just blocks from the University of Minnesota, Green Line light rail, bus routes, parks, restaurants, coffee shops, and local retail. Easy access to I-35W and I-94 makes commuting throughout the Twin Cities a breeze. With strong rental demand, historic charm, and an unbeatable location, this Prospect Park duplex presents an exceptional opportunity for both investors and owner-occupants alike.
Listing Information
Property Type: Multi-family, Duplex Up and Down
Status: Active Contingent-Inspection
Bedrooms: 4
Bathrooms: 2
Lot Size: 0.12 Acres
Square Feet: 2,530 sq ft
Year Built: 1908
Foundation: 1,162 sq ft
Stories: More Than 2 Stories
Subdivision: Prospect Park 1st Div Rev
Number Of Units Total: 2
County: Hennepin
Days On Market: 32
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Additonal Room Information
Laundry: Laundry Room, Lower Level
Interior Features
Square Footage above: 2,530 sq ft
Basement: Full, Unfinished
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Natural Gas, Boiler, Radiant
Exterior / Lot Features
Parking Description: Driveway - Other Surface
Exterior: Wood
Roof: Age Over 8 Years
Lot Dimensions: 51x124
Zoning: Residential-Multi-Family
Topography: Sloped
Additional Exterior/Lot Features: Tree Coverage - Medium, Road Frontage - City
Unit Information
Unit 1 Units Total: 1
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 1 Rooms Total: 8
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1750
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 2 Rooms Total: 7
Driving Directions
Franklin Ave SE to Malcolm Ave to Melbourne Ave and slight turn onto Arthur Ave SE to duplex.
Financial Considerations
Gross Income: 21000
Tax/Property ID: 3002923420056
Tax Amount: 6869
Tax Year: 2025
HomeStead Description: Homesteaded
A broker reciprocity listing courtesy: Roseville Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 129 Arthur Avenue SE
Sales History
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Tax Summary
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Schools
Schools nearby 129 Arthur Avenue SE
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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