501 Newton Avenue N Minneapolis, MN $ 325,000
501 Newton Avenue N
$ 325,000
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501 Newton Avenue N

Minneapolis, MN, 55405
$ 325,000
Bedrooms6 Baths2.0 Sq 2,278

Monthly Estimate*

$ 2,245

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Multi-Family Home for sale in Minneapolis, MN

for $325,000 with 6 bedrooms and 2 full baths. This 2,278 square foot home was built in 1909 on a lot size of 0.12.

Welcome to 501 Newton Ave N, a spacious up/down duplex in Minneapolis’ Bryn Mawr/Harrison neighborhood offering an excellent opportunity for an investor at the 1% RULE or owner-occupant looking to house hack! See Supplements for RentOMeter rental analysis of ~$1,800/unit 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, bus line and lightrial. Whether you're looking for your first investment property or another solid Minneapolis duplex to add to your portfolio, 501 Newton offers space, location and versatility in one package.

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Multi-Family Active

Price

$ 325,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,791

Style

Duplex Up and Down

Lot Size

0.12

Year Built

1909

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7149370

Features
General
Living Area 2278
Sewer City Sewer/Connected
Heating Boiler Forced Air
Roof Asphalt Pitched
Garage Spaces 0
Pool Features None
Construction Materials Block Post and Beam Frame
Year Built 1909
Electric Circuit Breakers
Tenant Pays Cable TV Electricity Gas
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 0
Accessibility None
County Hennepin
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Association Amenities Porch
Contingency None
MaintenanceExpense 0
Subdivision Name Drews ADD
Directions Penn to 5th Avenue east to Newton
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 4791.38
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Virtual Tour https://eleven.aryeo.com/sites/rppyvlxx/unbranded
Standard Status Active
Lender Owned No
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Above Grade Finished Area 2278
Laundry Features In Basement Lower Level In Unit Upper Level Washer Hookup
Total Bedrooms 6
Below Grade Finished Area 0
Total Baths 2
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Fencing Chain Link
Parking Features Concrete
Lot Features Public Transit (w/in 6 blks) Corner Lot Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.12
Building Area Total 3111
Lot Dimensions 128x40
Waterfront Y/N N
Foundation Area 1200
Road Frontage Type City Street Paved Streets
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 501
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* Excluded Features
List By
Pemberton Re

Broker

rwalseth@gmail.com

Email

Affordability Calculator

$2,644
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,245
Monthly Property Taxes
$399
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/25/2026$325,000 Listed Price

Map


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501 Newton Avenue N, Minneapolis, MN, 55405 is a Multi-Family Home for sale at $325,000 with 2,278 sqft and a lot size of 0.12. 501 Newton Avenue N has 6 bedrooms, 2.0 baths, and was built in 1909. The property's zip code is 55405 which is in Minneapolis, MN