1040 13th Avenue Se, Minneapolis, MN

$565,000

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8

Beds

4

Baths

3,220

Square feet

0.21

Acres

About 1040 13th Avenue Se

Rare Cash-Flow Opportunity with 3.375% Assumable Financing option! This updated side-by-side duplex in SE Minneapolis has been refreshed and is ready for your portfolio. Both units feature renovated kitchens, updated finishes, and fresh paint throughout. Unit 1040: Currently leased through August, 2026 at $1,900/mo. Unit 1042: Vacant and move-in ready (prior rent $2,400/mo). Upside exists for an owner-occupant looking to house-hack or an investor seeking stable, high-yield returns near the U of M. Showings: 1042 (vacant) available for first showings; 1040 (occupied) available for second showings. Updates: Asphalt roof replaced (2023), flat roof replaced (2024), new decking (2024), 1040 side new furnace (2025), 1040 side new water heater (2025), 1042 side new furnace (2021), 1042 side new water heater (2021), 1040 side new washer/dryer (2024).

Features of 1040 13th Avenue Se

MLS® # 6722031
Price $565,000
Bedrooms 8
Bathrooms 4.00
Square Footage 3,220
Acres 0.21
Year Built 1979
Type Residential Income
Status Active

Community Information

Address 1040 13th Avenue Se
Area 14
Subdivision Elwells 2nd Add
City Minneapolis
County Hennepin
State MN
Zip Code 55414

Amenities

Parking Driveway - Other Surface
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

Exterior

Lot Description Tree Coverage - Medium
Roof Asphalt

School Information

District Minneapolis

Additional Information

Days on Market 25
Foreclosure No
Short Sale No

Listing Details

OfficePemberton RE

Listing Map

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