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Updated Duplex with Two Kitchens
For Sale
$649,999

1604 Elliot Ave, Minneapolis, MN 55404

Two spacious units combine character details, modern improvements, private outdoor access, and flexible living arrangements.

Property Size4,757 SF
Price / SF$136.64
Days on Market9

Property Features for 1604 Elliot Ave

General Information

Standard status Active
Size 4,757 SF
Property subtype Residential Income

Units

Unit Mix 2 x 5BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,641

Amenities

gardens
front porch
private deck
back porch
second kitchen
laundry
Mitsubishi mini splits
hardwood floors

Building Details

Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Kelle M Bowe
Source: Exprealty
Added: Aug 10 Changed: Aug 18 Last Checked: Aug 18 at 6:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This 4757-square-foot duplex includes two separately configured units, each with 5 bedrooms and 2 bathrooms. The upper residence features hardwood flooring, a front porch entry, rear stair access, and a private deck. The lower residence has been comprehensively updated and includes an additional kitchen and laundry area in the basement. Multiple entry points serve both units.

Recent improvements include Anderson windows, a new roof and siding, maintenance-free front porch decking, and 2 new boilers. Four Mitsubishi Mini splits provide air conditioning and supplemental heat. The property also includes an oversized two-car garage and additional parking accessed from the rear alley.

The home is near US Bank Stadium, the University of Minnesota, North Central University, downtown Minneapolis, and area hospitals.

Key Highlights

  • 4757‑square‑foot duplex with 5 bedrooms and 2 bathrooms in each unit
  • Lower unit includes a second kitchen and laundry area
  • Upper unit features hardwood floors and a private deck

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Pet Grooming Service Bakery Home Appliance Store Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,916
Businesses Nearby

Demographics for 55404, MN

29,322
Population
14,372
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
16,290
Density / Sq Mi
$43,932
Median Household Income
$35,970
Median Earnings
$1,063
Median Rent
$294,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two spacious units combine character details, modern improvements, private outdoor access, and flexible living arrangements.
Where is this duplex located?
The property is located at 1604 Elliot Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $649,999.
What are key features of this property?
This property features: 4757‑square‑foot duplex with 5 bedrooms and 2 bathrooms in each unit; Lower unit includes a second kitchen and laundry area; Upper unit features hardwood floors and a private deck
More about this property
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