MLS: #7094390, Listed By: Eda Rivers, Compass, Source:FargoMoorhead Area Association of REALTORS
671 Spring Street
Minneapolis, MN 55413
2
Bed
2
Bath
1,531Sqft
2,242Sqft(Lot)
Rare opportunity to own a cash-flowing Northeast duplex with reduced taxes (only $1,111.50!) and built-in rent growth. Ideal for both owner-occupants and investors, with a flexible layout featuring a 1-bedroom upper unit with a non-conforming 2nd bedroom in the attic and 1-bedroom main-level unit. Two new electrical panels in the basement, new water service line, freshly painted exterior (all updates in 2026). Current rents provide solid cash flow with built-in annual increases, while the City of Minneapolis 4D program delivers meaningful tax savings for the next two years. Owner-occupants can offset their mortgage by renting one unit, while investors benefit from stable, predictable income in a high-demand Northeast location. Opportunity to increase value over time as 4D program restrict
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2Room Information
Has Basement: Yes Basement: Unfinished -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Laundry Features: In Basement, Laundry Room -
Heating & Cooling
Has Heating: Yes Heating: Forced Air
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Building Information
Year Built: 1900 Building Area Total: 2215 Construction Materials: Stucco Stories: 2 Patio And Porch Features: Deck, Patio Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 28x80 Main Square Feet: 2242 Square Feet Lot Size Acres: 0.05 Lot Size Square Feet: 2242Property Information
Subdivision: Sibley Add To St Anth Source Property Type: Residential Income Postal Code Plus 4: 2829 Property SubType: Duplex Levels: Two Property Age: 126
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Listing Price Information
Listing Price: $350000 Original Price: $360000
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Tax Information
Parcel Number: 1402924420072 Tax Year: 2026 Annual Tax: $1111.5 Tax Legal Desc: BLOCK 023 SIBLEY ADDN TO ST ANTH W 28 FT OF LOTS 14 AND 15
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Garage Information
Has Garage: Yes Garage Space: 1
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Location Information
Direction: Central to Spring St, west to 671 WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 456 Buchanan Street, Minneapolis, MN, 55413 | $459,950 | 6 | 4 | 2,688 | 0.12 Acre |
| 616 Monroe Street, Minneapolis, MN, 55413 | $385,000 | 5 | 3 | 2,151 | 0.12 Acre |
| 435 Madison Street, Minneapolis, MN, 55413 | $450,000 | 4 | 2 | 2,190 | 5,180 Sq. Ft |
| 444-446 Madison Street, Minneapolis, MN, 55413 | $825,000 | 8 | 4 | 3,560 | 0.15 Acre |
| 1535 Adams Street, Minneapolis, MN, 55413 | $254,520 | 4 | 2 | 2,462 | 0.12 Acre |
| 1135 Washington Street, Minneapolis, MN, 55413 | $459,900 | 8 | 2 | 2,376 | 5,227.20 Sq. Ft |
| 1222 Washington Street, Minneapolis, MN, 55413 | $419,000 | 2 | 2 | 2,160 | 0.13 Acre |
| 330 4th Street, Minneapolis, MN, 55413 | $585,000 | 5 | 4 | 3,111 | 10,890 Sq. Ft |
| 628 4th Street, Minneapolis, MN, 55413 | $333,000 | 3 | 2 | 2,016 | 0.15 Acre |
| 318 7th Avenue, Minneapolis, MN, 55413 | $449,900 | 5 | 3 | 1,900 | 0.12 Acre |
Similar Multifamily To 671 Spring Street
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 @ 02:37
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