620 Van Buren Street NE, Minneapolis, MN 55413
- Added:
- May 6, 2026
- Days on Market:
- 61
- Last Refresh:
- Jul 5 at 4:06 pm
Property Features for 620 Van Buren Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2
- Parking features
- Garage, Garage - Detached, Driveway
- Exterior features
- Fiber Board
- Fencing
- Privacy
- Standard status
- Pending
- APN
- 1402924410046
- Size
- 2,340 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6914
Utilities
- Heating system
- Gravity
Building Details
- Year built
- 1906
- Roof type
- Shingle
Listing agent Timothy C Kindem (612) 821-7400
Listing office Keller Williams Realty Integrity Lakes 800 N Washington Ave N Ste 460, Minneapolis, MN (612) 821-7400
Listing date May 6, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 1906 with shingle roof and fiber board exterior
- Open floor plan upper level with hardwood floors and an enclosed porch
- Updated kitchen with stone backsplash, stainless steel appliances including gas cooktop, and a large stone‑counter center island
- Lower‑level unit features original hardwood floors, plus a roomy kitchen with a pantry for extra storage
- 2‑stall detached garage with driveway parking and a privacy‑fenced backyard
- Gravity heating; layout includes 4 bedrooms, 2 bathrooms, and a basement
Overview
Located at 620 Van Buren Street NE in Minneapolis’ Northeast area, the home is described as being near the confluence of the Arts District, Central Ave, and the Riverfront area. Access is served via the street address with the rear outdoor space supported by the fenced yard.
For buyers seeking an owner-occupied or income-oriented duplex, the layout provides separate upper and lower living spaces with clear interior identity. The combination of updated finishes on the upper level and preserved original flooring details on the lower level may appeal to tenants who value character while still wanting modern kitchen features.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.9k | $22.20 |
| − Vacancy | −$3.1k | −$1.33 |
| EGI | $48.8k | $20.87 |
| − OpEx | −$14.7k | −$6.26 |
| NOI | $34.2k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.248937
- Latitude
- 44.9958171
