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Rehabilitated Duplex with Garage
For Sale
$260,000

611 24th Ave N, Minneapolis, MN 55411

Updated two-unit property with separate upper and lower residences, new building systems, appliances, and finished interior spaces.

Property Size2,620 SF
Price / SF$99.24
Days on Market60

Property Features for 611 24th Ave N

General Information

Standard status Active
Size 2,620 SF
Property subtype Residential Income

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,694
Listing Agency: Ashworth Real Estate
Listed By: JoAnn White
Source: Exprealty
Added: Jun 17 Changed: Aug 12 Last Checked: Aug 14 at 9:30AM

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 Ashworth Real Estate

Investment Insights

Based on property information with market context.

This duplex contains a three-bedroom, one-bath residence on the lower level and a one-bedroom, one-bath unit upstairs, with 2,620 square feet of property size. The interior updates include new drywall, flooring, paint, windows, appliances, and fully renovated bathrooms. Mechanical improvements include a new furnace serving the main level and baseboard heating for the upper unit.

Exterior work includes a new roof and exterior paint. The garage has two replacement doors plus a new utility door. City inspections have been completed, repairs are finished, and the property is FHA approved and cleared to close. The configuration supports an owner-occupant arrangement or separate residential tenancy for each unit.

Key Highlights

  • Two‑unit layout with a 3‑bedroom lower residence and 1‑bedroom upper residence
  • 2,620 square feet of property size
  • New windows, flooring, drywall, paint, and appliances

Property Analytics

Current Use

Good Heart Painting ... Painting

Suggested Use

Top Pick Law Firm Electrical Service Plumbing Service HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic

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

1,088
Businesses Nearby

Demographics for 55411, MN

31,214
Population
10,967
Households
2.8
Avg Household Size
28
Median Age
23%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
7,804
Density / Sq Mi
$53,368
Median Household Income
$35,952
Median Earnings
$1,220
Median Rent
$233,500
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 - Updated two-unit property with separate upper and lower residences, new building systems, appliances, and finished interior spaces.
Where is this duplex located?
The property is located at 611 24th Ave N Minneapolis, MN.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑unit layout with a 3‑bedroom lower residence and 1‑bedroom upper residence; 2,620 square feet of property size; New windows, flooring, drywall, paint, and appliances
More about this property
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