1609 Elliot Avenue, Minneapolis, MN 55404

$559,900
Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 4,920 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $559,900 List Date: 2/21/2025 Last Modified: 4/13/2026

Overview

Description

Beautiful Victorian duplex fully restored in 2017-2018 with lots of original character. New high quality custom finishes built by Craft Construction and designed by award winning I.D Interior Design. Thoughtfully laid out kitchens with center island, solid surface counters, stainless appliances. Tiled full baths in each apartment with heated floors, and an additional 1/2 bath off each kitchen. Each unit has brand new solid wood flooring while retaining charming stained glass, some built-ins, pocket doors and decorative fireplaces. All new forced air heat and air conditioning systems, 100% new electrical, roof, attic insulation and plumbing. Three car garage with door openers. Restoration took almost a year to complete. Property is zoned for higher density and the unfinished attic and basement could potentially be finished into additional units. Both units are currently leased. The lower lease ends 5/31/25 and the upper 8/31/25. Wonderful for an owner occupant or investor.

Listing Details MLS# 6674160

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
1372
Above Ground SqFt
3548
Below Grd Total SqFt
1372
Total SqFt
4920
Foundation Size
1372
Style
(MF) Duplex Up and Down
Total Finished Sqft
2748.00
Garage Stalls
3
Lot Dimensions
50x144
Acres
0.17
Assessment Pending
No

Property Features

Accessible: None Basement: Full; Stone; Unfinished Construction Status: Previously Owned Electric: 100 Amp Service Exterior: Stucco; Wood Financing Terms: FHA Foundation: Stone Fuel: Natural Gas Heating: Forced Air Laundry: Common Area; In Basement Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Owner Pays: Lawn; Maintenance/Repair; Repairs; Sewer; Snow Removal; Water Rental License Type: Standard Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Architectural Shingle; Pitched Sellers Terms: Adj. Rate/Gr Payment; Cash; Conventional; FHA; Trade; VA Sewer: City Sewer/Connected Tenant Pays: Cable TV; Electricity; Fuel; Gas; Heat; Trash Collection Unit 1 Amenities: Countertops-Solid Surface; Custom Cabinetry; Historic/Period Millwork; Open Floor Plan; Balcony; Hardwood Floors; Kitchen Center Island; Kitchen Window; Natural Woodwork; Panoramic View; Tile Floors Unit 1 Appliances: Stainless Steel Appliances; Dishwasher; Exhaust Fan/Hood; Microwave; Range; Refrigerator Unit 1 Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Eat In Kitchen; Separate/Formal Dining Rm Unit 1 Fireplace Char: Decorative Unit 1 Special Search: Renovated; 3 BR on One Level Unit 2 Amenities: Countertops-Solid Surface; Custom Cabinetry; Historic/Period Millwork; Open Floor Plan; Hardwood Floors; Kitchen Center Island; Kitchen Window; Natural Woodwork Unit 2 Appliances: Energy Star Appliances; Stainless Steel Appliances; Dishwasher; Exhaust Fan/Hood; Microwave; Range; Refrigerator Unit 2 Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Eat In Kitchen; Separate/Formal Dining Rm Unit 2 Fireplace Char: Decorative; Living Room Unit 2 Special Search: Renovated; 3 BR on One Level Water: City Water/Connected

Contract Information

Off Market Date
2025-03-16
Contingency
None
Closed Date
2025-04-10
Original List Price
575000
ListPrice
559900
Sales Close Price
559900
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
1609
Street Name
Elliot
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55404
Complex/Dev/Subdivision
J S & W Elliots Add

Assessments

Tax With Assessments
7422
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2748

More Information

Income and Expenses

Annual Electric Expense
1189
Annual Gross Expenses
7645
Annual Gross Income
55200
Annual Insurance Expense
3200
Annual Maintenance Expense
1656
Annual Water/Sewer Expense
1600
Total Annual Expenses
7645
Annual Caretaker Expense
0
Annual Fuel Expense
0
Annual Repair Expense
0
Annual Trash Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
40x22
Garage Square Feet
880

Public Survey Info

Range#
24
Section#
26
Township#
29

Unit 1

Furnished?
No
Lease Expiration Date
2025-08-31
Leased?
Yes
Level
2nd Level
Unit Number
Yes
# of Fireplaces
Yes
1/2 Baths
Yes
Annual Rent
26820
Finished SqFt
1372
Full Baths
Yes
Monthly Rent
2235
No. of Units Like This
Yes
Oth Parking Spaces
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
7

Unit 2

Furnished?
No
Lease Expiration Date
2025-05-31
Leased?
Yes
Level
Main Level
Unit Number
2
# of Fireplaces
Yes
1/2 Baths
Yes
Annual Rent
28380
Finished SqFt
1372
Full Baths
Yes
Monthly Rent
2365
No. of Units Like This
Yes
Oth Parking Spaces
2
Total Baths
2
Total Bedrooms
3
Total Rooms
7

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOT 005 BLOCK 011 J S & W ELLIOTS ADDN TO MPLS
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Property ID Number
2602924310053
Tax Year
2024
Tax Amount
7422
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Beautiful Victorian duplex fully restored in 2017-2018 with lots of original character. New high quality custom finishes built by Craft Construction and designed by award winning I.D Interior Design. Thoughtfully laid out kitchens with center island, solid surface counters, stainless appliances. Tiled full baths in each apartment with heated floors, and an additional 1/2 bath off each kitchen. Each unit has brand new solid wood flooring while retaining charming stained glass, some built-ins, pocket doors and decorative fireplaces. All new forced air heat and air conditioning systems, 100% new electrical, roof, attic insulation and plumbing. Three car garage with door openers. Restoration took almost a year to complete. Property is zoned for higher density and the unfinished attic and basement could potentially be finished into additional units. Both units are currently leased. The lower lease ends 5/31/25 and the upper 8/31/25. Wonderful for an owner occupant or investor.
Directions
11th Ave (S) to to 17th (W) to Elliot ave take right to property

Accessible

None
Yes

Basement

Full
Yes
Stone
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Electric

100 Amp Service
Yes

Exterior

Stucco
Yes
Wood
Yes

Financing Terms

FHA
Yes

Foundation

Stone
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

Common Area
Yes
In Basement
Yes

Lock Box Type

Combo
Yes

Lot Description

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

Owner Pays

Lawn
Yes
Maintenance/Repair
Yes
Repairs
Yes
Sewer
Yes
Snow Removal
Yes
Water
Yes

Patio, Porch and Deck Features

Covered
Yes
Front Porch
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Architectural Shingle
Yes
Pitched
Yes

Sellers Terms

Adj. Rate/Gr Payment
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
Trade
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Fuel
Yes
Gas
Yes
Heat
Yes
Trash Collection
Yes

Unit 1 Amenities

Countertops-Solid Surface
Yes
Custom Cabinetry
Yes
Historic/Period Millwork
Yes
Open Floor Plan
Yes
Balcony
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Panoramic View
Yes
Tile Floors
Yes

Unit 1 Appliances

Stainless Steel Appliances
Yes
Dishwasher
Yes
Exhaust Fan/Hood
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

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

Unit 1 Cooling

Central
Yes

Unit 1 Dining Room Description

Eat In Kitchen
Yes
Separate/Formal Dining Rm
Yes

Unit 1 Fireplace Char

Decorative
Yes

Unit 1 Special Search

Renovated
Yes
3 BR on One Level
Yes

Unit 2 Amenities

Countertops-Solid Surface
Yes
Custom Cabinetry
Yes
Historic/Period Millwork
Yes
Open Floor Plan
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Natural Woodwork
Yes

Unit 2 Appliances

Energy Star Appliances
Yes
Stainless Steel Appliances
Yes
Dishwasher
Yes
Exhaust Fan/Hood
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

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

Unit 2 Cooling

Central
Yes

Unit 2 Dining Room Description

Eat In Kitchen
Yes
Separate/Formal Dining Rm
Yes

Unit 2 Fireplace Char

Decorative
Yes
Living Room
Yes

Unit 2 Special Search

Renovated
Yes
3 BR on One Level
Yes
Listing Office: Grand Realty, LLC
IDX
Last Updated: April - 13 - 2026
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