1321 Circle Terrace Boulevard NE, Minneapolis, MN 55421

$465,000
Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 2,340 Lot Size (sq. ft.): 7,405 Status: Pending
Current Price: $465,000 List Date: 3/06/2026 Last Modified: 5/19/2026

Overview

Description

Now fully vacant and move in ready duplex in the heart of Columbia Heights. Whether you are looking to live in one unit and offset your mortgage or add a solid rental property to your portfolio, this is a rare opportunity with immediate flexibility. Each side offers 3 bedrooms with a functional layout, including two bedrooms upstairs and one on the main level, along with a full bath upstairs and a half bath on the main level. Both units are ready for occupancy, making it easy to move in or start generating rental income right away. Recent improvements include a brand new roof, fresh carpet installed in both units, and a brand new boiler system in one unit, helping reduce major upfront expenses. Detached two car garage and a convenient location close to highways, restaurants, public transportation, and everyday amenities. Opportunities like this do not come up often with both units vacant and ready to go. Schedule your showing today.

Listing Details MLS# 7021036

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1962
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
2340
Above Ground SqFt
2340
Total SqFt
2340
Foundation Size
2340
Style
(MF) Duplex Side X Side
Total Finished Sqft
2340.00
Garage Stalls
2
Lot Dimensions
58x135
Acres
0.17
Assessment Pending
No
Below Grd Total SqFt
0

Property Features

Accessible: None Construction Status: Previously Owned Exterior: Brick/Stone; Metal Fencing: None Foundation: Other Fuel: Natural Gas Heating: Baseboard; Boiler; Hot Water Laundry: In Unit; Laundry Room; Lower Level Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Parking Characteristics: Finished Garage; Garage Door Opener; Insulated Garage Pool Description: None Road Frontage: City Street; Curbs; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Four or More Level Split Tenant Pays: Electricity; Gas Unit 1 Amenities: Ceiling Fan(s) Unit 1 Appliances: Exhaust Fan/Hood; Microwave; Range; Refrigerator Unit 1 Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Kitchen/Dining Room Unit 1 Family Room Characteristics: Family Room Unit 2 Amenities: Ceiling Fan(s) Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath Unit 2 Cooling: None Unit 2 Dining Room Description: Kitchen/Dining Room Unit 2 Family Room Characteristics: Family Room Water: City Water/Connected

Contract Information

Off Market Date
2026-04-27
Contingency
None
Original List Price
480000
ListPrice
465000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1321
Street Name
Circle Terrace
Street Suffix
Boulevard
Street Direction Suffix
NE
Postal City
Minneapolis
County
Anoka
State
MN
Zip Code
55421
Complex/Dev/Subdivision
Circle Terrace 2nd Add

Assessments

Tax With Assessments
7058
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2340

More Information

Income and Expenses

Annual Gross Expenses
5620.57
Annual Gross Income
46800
Annual Maintenance Expense
1440
Annual Repair Expense
800
Annual Water/Sewer Expense
3380.57
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Insurance Expense
0
Annual Net Income
0
Annual Trash Expense
0
Total Annual Expenses
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
480
Finished Garage
Yes
Garage Door Opener
Yes
Insulated Garage
Yes

Public Survey Info

Range#
24
Section#
36
Township#
30

Unit 1

Furnished?
No
Leased?
Yes
Level
Main Level
Unit Number
Yes
1/2 Baths
Yes
Annual Rent
24000
Finished SqFt
1170
Full Baths
Yes
Monthly Rent
2000
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
6

Unit 2

Furnished?
No
Leased?
Yes
Level
Main Level
Unit Number
2
1/2 Baths
Yes
Annual Rent
22800
Finished SqFt
1170
Full Baths
Yes
Monthly Rent
1900
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
6

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
CIRCLE TERRACE 2ND ADDITION LOT 7 BLK 1 CIRCLE TERRACE 2ND-SUBJ TO UTIL EASE OVER NWLY 5 FT-
Listing City
Columbia Heights
Map Page
92
Municipality
Columbia Heights
School District
Columbia Heights
School District Phone
763-528-4500
Zip Plus 4
3147
Property ID Number
363024240023
Tax Year
2026
Tax Amount
7058
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Now fully vacant and move in ready duplex in the heart of Columbia Heights. Whether you are looking to live in one unit and offset your mortgage or add a solid rental property to your portfolio, this is a rare opportunity with immediate flexibility. Each side offers 3 bedrooms with a functional layout, including two bedrooms upstairs and one on the main level, along with a full bath upstairs and a half bath on the main level. Both units are ready for occupancy, making it easy to move in or start generating rental income right away. Recent improvements include a brand new roof, fresh carpet installed in both units, and a brand new boiler system in one unit, helping reduce major upfront expenses. Detached two car garage and a convenient location close to highways, restaurants, public transportation, and everyday amenities. Opportunities like this do not come up often with both units vacant and ready to go. Schedule your showing today.
Directions
Central Ave N, E onto 40th Ave NE, N onto Circle Terrace Blvd NE, home on left.

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Metal
Yes

Fencing

None
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Baseboard
Yes
Boiler
Yes
Hot Water
Yes

Laundry

In Unit
Yes
Laundry Room
Yes
Lower Level
Yes

Lot Description

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

Pool Description

None
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Four or More Level Split
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

Ceiling Fan(s)
Yes

Unit 1 Appliances

Exhaust Fan/Hood
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes

Unit 1 Cooling

None
Yes

Unit 1 Dining Room Description

Kitchen/Dining Room
Yes

Unit 1 Family Room Characteristics

Family Room
Yes

Unit 2 Amenities

Ceiling Fan(s)
Yes

Unit 2 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes

Unit 2 Cooling

None
Yes

Unit 2 Dining Room Description

Kitchen/Dining Room
Yes

Unit 2 Family Room Characteristics

Family Room
Yes
IDX
Listing Office: Compass
Last Updated: May - 19 - 2026
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