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Two-Unit Duplex with Separate Electrical
For Sale
$275,000

2620 Stevens Ave, Minneapolis, MN 55408

Both apartments include two bedrooms, a full bathroom, a living room, and a kitchen.

Property Size2,535 SF
Price / SF$108.48
Days on Market10

Property Features for 2620 Stevens Ave

General Information

Standard status Active
Size 2,535 SF
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence needs some work

Site & Location

Neighborhood Powderhorn
Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,355
Listing Agency: Keller Williams Classic Rlty NW
Listed By: Amber Lange · License #40077597
Source: Exprealty
Added: Oct 15 Changed: Oct 23 Last Checked: Oct 23 at 10:45AM

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 Keller Williams Classic Rlty NW

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Investment Insights

Based on property information with market context.

This 2,535-square-foot duplex contains two apartments, each arranged with two bedrooms, one full bathroom, a living room, and a kitchen. The units have separate electrical service. A boiler heats the main-level apartment, while the upper apartment uses electric heat. Rear parking is provided, and the property is being sold as-is with work needed.

The upper apartment is occupied under a month-to-month tenancy. Public transportation, restaurants, highways, shopping, and parks are nearby.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 full bathroom
  • 2,535 square feet
  • Separate electrical service for each unit

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,718
Businesses Nearby

Demographics for 55408, MN

33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both apartments include two bedrooms, a full bathroom, a living room, and a kitchen.
Where is this duplex located?
The property is located at 2620 Stevens Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 full bathroom; 2,535 square feet; Separate electrical service for each unit
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