2120 Emerson Avenue S, Minneapolis, MN 55405

$870,000
Property Type: Multi-Family Bedrooms: 6 Baths: 3 Square Footage: 5,482 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $870,000 List Date: 2/27/2026 Last Modified: 4/08/2026

Overview

Description

Welcome to this Massive Lowry Hill Duplex! This big beauty has gorgeous hardwood floors and woodwork with tremendous natural light on an oversized lot. This is an ideal location for an owner occupant or Investor close to everything that Mpls Lakes Area has to offer! The property has been thoughtfully renovated throughout keeping period style and updating to today's standards. New roof and mini splits throughout and a main floor kitchen that was beautifully renovated. The property has a unique second and third floor Penthouse loft style unit that has four bedrooms and two baths with renovated kitchens and baths that will not disappoint. Both units have sunrise and sunset decks. The lower level two bedroom, one bath has a Lease that ends 3/31/26. All this and a three-car garage and separate tenant paid utilities. Hurry this will not last!

Listing Details MLS# 7027897

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1908
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1443
Above Ground SqFt
4039
Below Grd Total SqFt
1443
Total SqFt
5482
Foundation Size
1443
Style
(MF) Duplex Up and Down
Total Finished Sqft
4039.00
Garage Stalls
3
Lot Dimensions
58x127
Acres
0.16

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Full; Unfinished Construction Materials: Frame Construction Status: Previously Owned Electric: 100 Amp Service Existing Financing: Conventional Exterior: Wood Fencing: Wood Foundation: Combination Fuel: Natural Gas Heating: Boiler Laundry: Common Area; In Basement; Upper Level Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Owner Pays: Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Lawn; Maintenance/Repair; Repairs; Snow Removal; Trash Collection; Water Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional; MHFA/WHEDA Sewer: City Sewer/Connected Tenant Pays: Electricity; Heat; Telephone Unit 1 Amenities: Built-In Bookcases; Countertops-Solid Surface; Historic/Period Millwork; Open Floor Plan; Balcony; Ceiling Fan(s); Deck; Hardwood Floors; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Porch; Tile Floors Unit 1 Appliances: Dishwasher; Exhaust Fan/Hood; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Ductless Mini-Split Unit 1 Dining Room Description: Living/Dining Room; Separate/Formal Dining Rm Unit 1 Family Room Characteristics: Family Room; Main Level Unit 1 Special Search: Main Floor Bedroom; Rehabbed; All Living Fac. on One Level Unit 2 Amenities: Countertops-Granite; Custom Cabinetry; Historic/Period Millwork; Open Floor Plan; Special Millwork; Balcony; Ceiling Fan(s); Deck; Hardwood Floors; Kitchen Window; Multiple Phone Lines; Natural Woodwork; Porch; Skylight; Sun Room; Tile Floors; Vaulted Ceiling(s) Unit 2 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level 3/4 Bath; Upper Level Full Bath; Walk-In Shower Stall Unit 2 Cooling: Ductless Mini-Split Unit 2 Dining Room Description: Informal Dining Room; Living/Dining Room Unit 2 Family Room Characteristics: 2 or More Unit 2 Special Search: Renovated; 2nd Floor Laundry Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
870000
ListPrice
870000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2120
Street Name
Emerson
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55405
Complex/Dev/Subdivision
Anderson Douglas & Co 2nd Add

Assessments

Tax With Assessments
13724
Assessment Balance
0

Building Information

Finished SqFt Above Ground
4039

More Information

Income and Expenses

Annual Gross Income
63600
Annual Insurance Expense
6300
Annual Net Income
53316
Annual Repair Expense
1500
Annual Water/Sewer Expense
2484
Total Annual Expenses
10284
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Maintenance Expense
0
Annual Trash Expense
0
Misc Monthly Income
0
Misc. Annual Income
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
35x20
Garage Square Feet
700

Public Survey Info

Range#
24
Section#
33
Township#
29

Unit 1

Furnished?
No
Lease Expiration Date
2026-04-30
Leased?
Yes
Unit Number
Yes
Annual Rent
25200
Finished SqFt
1443
Full Baths
Yes
Monthly Rent
2100
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
7

Unit 2

Furnished?
No
Lease Expiration Date
2026-06-30
Leased?
Yes
Unit Number
2
3/4 Baths
Yes
Annual Rent
38400
Finished SqFt
2606
Full Baths
Yes
Monthly Rent
3200
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
4
Total Rooms
13

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
BLOCK 002 ANDERSON DOUGLAS & CO 2ND ADDN MPLS LOT 13 AND N 5 5/10 FT OF W 35 FT AND N 18 FT OF E 92 62/100 FT OF LOT 14
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Property ID Number
3302924120038
Tax Year
2026
Tax Amount
13724
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome to this Massive Lowry Hill Duplex! This big beauty has gorgeous hardwood floors and woodwork with tremendous natural light on an oversized lot. This is an ideal location for an owner occupant or Investor close to everything that Mpls Lakes Area has to offer! The property has been thoughtfully renovated throughout keeping period style and updating to today's standards. New roof and mini splits throughout and a main floor kitchen that was beautifully renovated. The property has a unique second and third floor Penthouse loft style unit that has four bedrooms and two baths with renovated kitchens and baths that will not disappoint. Both units have sunrise and sunset decks. The lower level two bedroom, one bath has a Lease that ends 3/31/26. All this and a three-car garage and separate tenant paid utilities. Hurry this will not last!
Directions
Hennepin Ave. S. to 21st Street/West to Emerson/North.

Accessible

None
Yes

Assumable Loan

Not Assumable
Yes

Basement

Full
Yes
Unfinished
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Electric

100 Amp Service
Yes

Existing Financing

Conventional
Yes

Exterior

Wood
Yes

Fencing

Wood
Yes

Foundation

Combination
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Laundry

Common Area
Yes
In Basement
Yes
Upper Level
Yes

Lot Description

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

Owner Pays

Exterior Maintenance
Yes
Grounds Care
Yes
HVAC Maintenance
Yes
Insurance
Yes
Lawn
Yes
Maintenance/Repair
Yes
Repairs
Yes
Snow Removal
Yes
Trash Collection
Yes
Water
Yes

Patio, Porch and Deck Features

Covered
Yes
Deck
Yes
Enclosed
Yes
Front Porch
Yes
Porch
Yes
Rear Porch
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
MHFA/WHEDA
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

Electricity
Yes
Heat
Yes
Telephone
Yes

Unit 1 Amenities

Built-In Bookcases
Yes
Countertops-Solid Surface
Yes
Historic/Period Millwork
Yes
Open Floor Plan
Yes
Balcony
Yes
Ceiling Fan(s)
Yes
Deck
Yes
Hardwood Floors
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Paneled Doors
Yes
Porch
Yes
Tile Floors
Yes

Unit 1 Appliances

Dishwasher
Yes
Exhaust Fan/Hood
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Ductless Mini-Split
Yes

Unit 1 Dining Room Description

Living/Dining Room
Yes
Separate/Formal Dining Rm
Yes

Unit 1 Family Room Characteristics

Family Room
Yes
Main Level
Yes

Unit 1 Special Search

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

Unit 2 Amenities

Countertops-Granite
Yes
Custom Cabinetry
Yes
Historic/Period Millwork
Yes
Open Floor Plan
Yes
Special Millwork
Yes
Balcony
Yes
Ceiling Fan(s)
Yes
Deck
Yes
Hardwood Floors
Yes
Kitchen Window
Yes
Multiple Phone Lines
Yes
Natural Woodwork
Yes
Porch
Yes
Skylight
Yes
Sun Room
Yes
Tile Floors
Yes
Vaulted Ceiling(s)
Yes

Unit 2 Appliances

Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Bath Description

Upper Level 3/4 Bath
Yes
Upper Level Full Bath
Yes
Walk-In Shower Stall
Yes

Unit 2 Cooling

Ductless Mini-Split
Yes

Unit 2 Dining Room Description

Informal Dining Room
Yes
Living/Dining Room
Yes

Unit 2 Family Room Characteristics

2 or More
Yes

Unit 2 Special Search

Renovated
Yes
2nd Floor Laundry
Yes
Listing Office: Coldwell Banker Realty - Lakes
IDX
Last Updated: April - 08 - 2026
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