About This Home

This 2-bedroom, 2-bathroom multi-family at 671 Spring Street NE in Minneapolis, MN is listed for $350,000 ($229 per sqft). Built in 1900, the home offers 1,531 sqft of living space on a 0.05 acres lot.

Key Features

  • Built in 1900
  • 0.05 acre lot

Property Details

2 full
1-car garage
1900
Listing Description

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 restrictions expire. Property includes a 1-car garage and is well positioned steps from the best of Northeast.

Walking distance to coffee shops (Dogwood Coffee, Spyhouse Coffee Roasters), breweries (Bauhaus Brew Labs, Earl Giles, Indeed Brewing Company, Sociable Cider Works), restaurants (Centro, Chimborazo, Sample Room, Stanley's Northeast Bar Room), and more. Walk to Logan Park and Beltrami Park, with easy access to Boom Island's riverfront trails.

Monthly Cost Estimate

$1,872/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,517
Insurance$102

Estimates only. Actual payments may vary.

Location

671 Spring Street NE

Minneapolis, MN 55413

Sibley Add To St Anth

Property Details

Outdoor Features

PatioDeck

Parking

Garage - Attached

Heating

Forced Air

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 671 Spring Street NE is listed at $350,000 ($229/sqft). The estimated monthly payment is $1,872 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.05 acre lot.

This property is listed by Eda Rivers.

ER

Eda Rivers

Agent at Compass Minnesota, LLC

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

MLS# 7094390· Source: Northstar MLS· 133 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.

671 Spring Street NE, Minneapolis, MN 55413

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