MLS: #7149370, Listed By: Ryan Walseth, Pemberton RE, Source:FargoMoorhead Area Association of REALTORS
501 Newton Avenue
Minneapolis, MN 55405
5
Bed
2
Bath
2,278Sqft
0.12Acre(Lot)
Welcome to 501 Newton Ave N, a spacious up/down duplex in Minneapolis’ Harrison neighborhood offering an excellent opportunity for an investor at the 1% RULE or owner-occupant looking to house hack! With approximately 1,200 finished square feet per unit, this corner property features generous room sizes, hardwood floors, in-unit laundry, and the character you’d expect from a classic Minneapolis duplex. Each unit offers flexible living space with plenty of natural light and comfortable common areas. Live in one unit while renting the other, add this property to your rental portfolio, or explore the potential to maximize rental income over time. Located just minutes from downtown Minneapolis with convenient access to Theodore Wirth Park, bike trails, neighborhood amenities, coffee shops, bu
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 2Room Information
Has Basement: Yes Basement: Full, Unfinished -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Laundry Features: In Basement, In Unit, Lower Level, Upper Level, Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Forced Air
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Building Information
Year Built: 1909 Building Area Total: 3111 Construction Materials: Block, Frame Stories: 2 Patio And Porch Features: Covered, Enclosed, Front Porch, Patio, Screened Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 128x40 Main Square Feet: 0.12 Acres Lot Size Acres: 0.12 Lot Size Square Feet: 5227.2 Lot Description: Corner Lot, Near Public TransitProperty Information
Subdivision: Drews ADD Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 117
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Listing Price Information
Listing Price: $325000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 2102924320033 Tax Year: 2026 Annual Tax: $4791.38 Tax Legal Desc: Lot 013 Block 002 Drews ADDN to MPLS
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Location Information
Direction: Penn to 5th Avenue east to Newton WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2017 Grand Avenue, Minneapolis, MN, 55405 | $675,000 | 8 | 4 | 4,732 | 0.19 Acre |
| 2121 Harriet Avenue, Minneapolis, MN, 55405 | $599,900 | 7 | 3 | 3,152 | 0.12 Acre |
| 2125 Harriet Avenue, Minneapolis, MN, 55405 | $995,000 | 8 | 4 | 5,000 | 0.14 Acre |
| 2305 Garfield Avenue, Minneapolis, MN, 55405 | $374,900 | 4 | 2 | 1,585 | 0.12 Acre |
| 2507 Lyndale Avenue, Minneapolis, MN, 55405 | $569,900 | 5 | 4 | 3,308 | 0.11 Acre |
| 2209 Aldrich Avenue, Minneapolis, MN, 55405 | $509,900 | 6 | 3 | 3,436 | 0.17 Acre |
| 2441 Dupont Avenue, Minneapolis, MN, 55405 | $849,900 | 8 | 4 | 3,753 | 0.13 Acre |
| 226 Gramercy Avenue, Minneapolis, MN, 55405 | $400,000 | 4 | 3 | 2,664 | 6,534 Sq. Ft |
| 2218 4th Avenue, Minneapolis, MN, 55405 | $400,000 | 9 | 3 | 3,400 | 0.13 Acre |
| 2121 Penn Avenue, Minneapolis, MN, 55405 | $1,229,000 | 8 | 4 | 5,320 | 0.15 Acre |
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Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.
ByOwner last updated this listing 09/30/2026 @ 10:31
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