About This Home

This 6-bedroom, 3-bathroom multi-family at 516 8th Avenue NE in Minneapolis, MN is listed for $479,500 ($208 per sqft). Built in 1904, the home offers 2,310 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1904
  • 0.13 acre lot

Property Details

3 full
1904
Listing Description

Classic Northeast Minneapolis up/down duplex on a quiet, tree-lined street, beautifully blending timeless original character with thoughtful modern updates. Both units are filled with natural light throughout the day and showcase the craftsmanship of the home's original millwork, solid wood doors, hardwood floors, and stained glass windows.

Fresh paint throughout was carefully selected to complement the original woodwork rather than compete with it, with a rich, deep green palette creating a sophisticated contrast against its warmth and a cohesive, inviting feel from room to room. The upper unit is vacant and move-in ready, offering 3 bedrooms with flexibility for a home office, a bri

ght living room with a stunning stained glass bay, and a beautifully updated kitchen featuring brand-new stainless steel appliances, new stone countertops, new flooring, and a new backsplash. A covered back deck provides additional outdoor living space, and a huge walk-up attic offers excellent potential for future expansion (buyer to verify).

The main-level unit also features 3 bedrooms, with room for a home office or flex space, along with inviting living and dining rooms and a screened porch. It is currently leased at $2,160/month, providing rental income. Both the front and rear entryways have been freshly painted and finished with new carpeting, creating a welcoming transition into each level.

The basement offers abundant storage, a separate, fully finished bathroom, and a laundry area, plus the potential to finish additional space for even more living area. Outside, a large fenced backyard offers plenty of room to entertain, relax, garden, or enjoy the outdoors, with a shed for extra storage.

A private driveway adds convenient off-street parking. Additional highlights include maintenance-free siding and separately metered units. With its original architectural character, abundant natural light, extensive updates, flexible spaces, and excellent outdoor amenities, this duplex offers a distinctive opportunity for an investor or owner-occupant in Northeast Minneapolis. Don't miss it!

Monthly Cost Estimate

$2,564/mo

20% down · 6.5% · 30 years

Principal$347
Interest$2,078
Insurance$140

Estimates only. Actual payments may vary.

Location

516 8th Avenue NE

Minneapolis, MN 55413

Borups Add To Town Of St Anthony

Property Details

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 6-bedroom, 3-bathroom multi-family at 516 8th Avenue NE is listed at $479,500 ($208/sqft). The estimated monthly payment is $2,565 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1904, 0.13 acre lot.

This property is listed by Geoffrey S Serdar.

GS

Geoffrey S Serdar

Agent at Compass Minnesota, LLC

Listed by Compass Minnesota, LLC · Broker phone: (952) 213-1631 · View on Broker Site · Broker website

MLS# 7151604· Source: Northstar MLS· 32 days on PropertySimple

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.

516 8th Avenue NE, Minneapolis, MN 55413

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