New - 4 Days Ago
$569,000
Active
8
Beds
2
Baths
2584
Sqft
0.12
Acres
1046 15th Ave SE, Minneapolis, MN 55414
MLS#: NST7122015
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1040 13th Ave SE Minneapolis, MN 55414
$550,000
ACTIVEBeds
8
Baths
4
Sqft
3,220
Acres
0.21
Year
1979
Days on Site
4 Days
Property Type
Residential Income
Sub Type
Duplex Side by Side
Per Square Foot
$171
Date Listed
Feb 13, 2026
Description of 1040 13th Ave SE, Minneapolis, MN 55414
Listing details for 1040 13th Ave SE, Minneapolis, MN 55414 : 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).
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Listing Updated : 08-11-2026 at 4:57 AM CDT
Property Details
Property Overview
Listing Price
$550,000
MLS #ID
NST6722031
Price
$550,000
Bedrooms
8
Bathrooms
4
Square Footage
3,220
Acres
0.21
Year
1979
Days on Site
4 Days
Property Type
Residential Income
Property Sub Type
Duplex Side by Side
Price per Sq Ft
$171
Date Listed
Feb 13, 2026
Location
Street Address
1040 13th Ave SE
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
Exit I-35W N to E Hennepin Ave and turn right. Turn right onto 13th Ave SE and property will be on lefthand side.
Schools
School District
Home Specification
Bedrooms
8
Total Square Feet
3,220
Above Grade Square Feet
2,221
Construction / Architecture
Year Built
1979
Foundation
Block
Roof
Asphalt
New Construction
No
Price per Sq Ft
$171
Lot Features
Tree Coverage - Medium
Lot Size (Acres)
0.21
Interior Details
Fireplace
No
Heating
Forced Air
Cooling
None
Exterior Details
Garage
No
Garage Spaces
1
Parking Features
Driveway - Other Surface
Exterior Features
Fiber Board and Wood
Fencing
None
Waterfront
No
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$8,806.00
HOA Fee Includes
None
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Source
NorthstarMLS as distributed by MLS GRID, MLS#: NST6722031
For more information on this listing contact us at 612-712-1154
Property History
DateEventPrice
2/13/2026
Listed for sale
$550,000
$171/sqft
Source:NorthstarMLS #NST6722031
NorthstarMLS #NST6722031Interested in 1040 13th Ave SE, Minneapolis, MN 55414?
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For more information on this listing contact us at 612-712-1154
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For more information on this listing contact us at 612-712-1154