$360,000
671 Spring Street NE Minneapolis, MN 55413
For Sale MLS# 7094390
2 beds 2 baths 1,531 sq ft Multi-family
Details for 671 Spring Street NE
MLS# 7094390
Description for 671 Spring Street NE, Minneapolis, MN, 55413
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.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.
Listing Information
Property Type: Multi-family, Duplex Up and Down
Status: Active
Bedrooms: 2
Bathrooms: 2
Lot Size: 0.05 Acres
Square Feet: 1,531 sq ft
Year Built: 1900
Foundation: 684 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Sibley Add To St Anth
Number Of Units Total: 2
County: Hennepin
Days On Market: 31
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Additonal Room Information
Laundry: In Basement, Laundry Room
Interior Features
Square Footage above: 1,531 sq ft
Basement: Unfinished
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 1
Parking Description: Attached Garage, Garage Sq Ft - 240.0
Exterior: Stucco
Roof: Age 8 Years or Less, Asphalt Shingles
Lot Dimensions: 28x80
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Road Frontage - City
Driving Directions
Central to Spring St, west to 671
Financial Considerations
Tenant Pays: Broadband,Cable T.V.,Electric,Grounds Care,Heat,Hot Water,Lawn,Parking Fee,Snow
Owner Pays: Insurance,Repairs,Sewer,Taxes,Trash,Water
Gross Income: 33816
Expense: 9060
Tax/Property ID: 1402924420072
Tax Amount: 1111.5
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Compass
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 671 Spring Street NE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 671 Spring Street NE
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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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