1034 14th Avenue SE, Minneapolis, MN 55414

$400,000
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 3,001 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $400,000 List Date: 3/25/2026 Last Modified: 4/08/2026

Overview

Description

Incredible investment opportunity in the highly sought-after Como neighborhood! This charming duplex has a strong rental history and an unbeatable location near the U of M, major highways, shops, restaurants, and more. The property has seen numerous updates over the past three years including brand-new vinyl siding and exterior paint (2025), fresh interior paint, new LVP flooring in the main-floor entryway and primary bedroom, updated vinyl flooring in the upper-unit kitchen and bathroom, new carpet in the upper-unit bedroom, a new water heater (2023), new in-unit washer/dryers for both units, updated light fixtures and ceiling fans, refurbished lower-level windows, and more. Whether you’re looking to owner-occupy or fully rent out both cash-flowing units, this is a fantastic opportunity in a prime location!

Listing Details MLS# 7042033

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
968
Above Ground SqFt
2033
Below Grd Total SqFt
968
Total SqFt
3001
Foundation Size
931
Style
(MF) Duplex Up and Down
Total Finished Sqft
2033.00
Garage Stalls
2
Lot Dimensions
40x132
Acres
0.12
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Porch Assumable Loan: Not Assumable Basement: Full; Storage Space; Unfinished Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Stucco; Vinyl Fencing: None Foundation: Brick/Mortar Fuel: Natural Gas Heating: Boiler; Forced Air; Gravity; Hot Water; Zoned Laundry: In Unit; Main Level; Upper Level Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Owner Pays: Trash Collection; Water Parking Characteristics: Driveway - Shared Pool Description: None Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas Unit 1 Amenities: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Washer/Dryer Hookup Unit 1 Appliances: Cooktop; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 1 Fireplace Char: Gas Burning Unit 1 Special Search: Main Floor Bedroom; All Living Fac. on One Level; Main Floor Laundry Unit 2 Amenities: Hardwood Floors; Kitchen Window; Natural Woodwork; Porch; Washer/Dryer Hookup Unit 2 Appliances: Cooktop; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 2 Special Search: 2nd Floor Laundry; All Living Fac. on One Level Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
400000
ListPrice
400000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1034
Street Name
14th
Street Suffix
Avenue
Street Direction Suffix
SE
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55414
Complex/Dev/Subdivision
Elwells Add

Assessments

Tax With Assessments
5772.42
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2033

More Information

Income and Expenses

Annual Gross Expenses
1584
Annual Gross Income
39360
Total Annual Expenses
1584
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
400
Driveway - Shared
Yes

Public Survey Info

Range#
24
Section#
24
Township#
29

Unit 1

Furnished?
No
Lease Expiration Date
2026-05-31
Leased?
Yes
Level
Main Level
Unit Number
Yes
# of Fireplaces
Yes
Annual Rent
19800
Finished SqFt
968
Full Baths
Yes
Monthly Expense
66
Monthly Rent
1650
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 2

Furnished?
No
Lease Expiration Date
2026-05-31
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
18360
Finished SqFt
1065
Full Baths
Yes
Monthly Expense
66
Monthly Rent
1530
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
7

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 024 BLOCK 005 ELWELLS ADDN TO MPLS
Listing City
Minneapolis
Map Page
107
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Property ID Number
2402924110132
Tax Year
2025
Tax Amount
5772.42
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Incredible investment opportunity in the highly sought-after Como neighborhood! This charming duplex has a strong rental history and an unbeatable location near the U of M, major highways, shops, restaurants, and more. The property has seen numerous updates over the past three years including brand-new vinyl siding and exterior paint (2025), fresh interior paint, new LVP flooring in the main-floor entryway and primary bedroom, updated vinyl flooring in the upper-unit kitchen and bathroom, new carpet in the upper-unit bedroom, a new water heater (2023), new in-unit washer/dryers for both units, updated light fixtures and ceiling fans, refurbished lower-level windows, and more. Whether you’re looking to owner-occupy or fully rent out both cash-flowing units, this is a fantastic opportunity in a prime location!
Directions
Como Ave to 14th Ave to property

Accessible

None
Yes

Amenities Shared

Porch
Yes

Assumable Loan

Not Assumable
Yes

Basement

Full
Yes
Storage Space
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Stucco
Yes
Vinyl
Yes

Fencing

None
Yes

Foundation

Brick/Mortar
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Forced Air
Yes
Gravity
Yes
Hot Water
Yes
Zoned
Yes

Laundry

In Unit
Yes
Main Level
Yes
Upper Level
Yes

Lock Box Type

Combo
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes
Tree Coverage - Medium
Yes

Owner Pays

Trash Collection
Yes
Water
Yes

Patio, Porch and Deck Features

Covered
Yes
Enclosed
Yes
Front Porch
Yes
Porch
Yes

Pool Description

None
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
Storm Sewer
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

Electricity
Yes
Gas
Yes

Unit 1 Amenities

Hardwood Floors
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Washer/Dryer Hookup
Yes

Unit 1 Appliances

Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Window
Yes

Unit 1 Dining Room Description

Separate/Formal Dining Rm
Yes

Unit 1 Fireplace Char

Gas Burning
Yes

Unit 1 Special Search

Main Floor Bedroom
Yes
All Living Fac. on One Level
Yes
Main Floor Laundry
Yes

Unit 2 Amenities

Hardwood Floors
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Porch
Yes
Washer/Dryer Hookup
Yes

Unit 2 Appliances

Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Bath Description

Upper Level Full Bath
Yes

Unit 2 Cooling

Window
Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm
Yes

Unit 2 Special Search

2nd Floor Laundry
Yes
All Living Fac. on One Level
Yes
Listing Office: Covenant Partners LLC
IDX
Last Updated: April - 08 - 2026
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