4301 James Avenue N, Minneapolis, MN 55412

New Listing
$389,900
Property Type: Multi-Family Bedrooms: 3 Baths: 2 Square Footage: 2,001 Lot Size (sq. ft.): 6,098 Status: Coming Soon
Current Price: $389,900 List Date: 5/14/2026 Last Modified: 5/15/2026

Overview

Description

Completely transformed from top to bottom, this stunning legal duplex feels like new construction and offers an incredible owner-occupy or investment opportunity. Fully remodeled with brand new heating, plumbing, and electrical systems, separate water heaters, separate gas meters, and separate electrical meters for each unit. Extensive upgrades include a brand new roof, fresh exterior paint, all new appliances, updated interiors, and quality finishes throughout. Features a fully finished basement with brand new bathroom and spacious living area already completed. If desired, simply add a kitchen for potential 3rd unit or triplex-style setup for additional income opportunity. Perfect for owner-occupants — live in one unit and rent the other to help offset your mortgage while building long-term wealth. Rare turnkey income-producing property with flexibility, functionality, and future potential. Must see to truly appreciate the transformation and craftsmanship.

Listing Details MLS# 7074750

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Waterfront Present
No
Year Built
1922
Yearly/Seasonal
Yearly
Main Floor Total SqFt
667
Above Ground SqFt
1334
Below Grd Total SqFt
667
Total SqFt
2001
Foundation Size
667
Style
(MF) Duplex Side X Side
Total Finished Sqft
1834.00
Garage Stalls
Yes
Lot Dimensions
150 x 150
Acres
0.14
Assessment Pending
Yes

Property Features

Accessible: None Basement: Full; Other Construction Status: Previously Owned Existing Financing: Other Exterior: Stucco Foundation: Brick/Mortar; Concrete Block Fuel: Natural Gas Heating: Forced Air Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
389900
ListPrice
389900
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
4301
Street Name
James
Street Suffix
Avenue
Street Direction Suffix
N
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55412
Complex/Dev/Subdivision
Harveys Add

Assessments

Tax With Assessments
9073
Assessment Balance
0

Basement

Foundation Dimensions
23x29
Full
Yes
Other
Yes

More Information

Building Information

Finished SqFt Above Ground
1334
Finished SqFt Below Ground
500

Income and Expenses

Annual Caretaker Expense
Yes
Annual Electric Expense
Yes
Annual Fuel Expense
Yes
Annual Gross Expenses
Yes
Annual Gross Income
36000
Annual Insurance Expense
Yes
Annual Maintenance Expense
Yes
Annual Repair Expense
Yes
Annual Trash Expense
Yes
Annual Water/Sewer Expense
Yes
Total Annual Expenses
Yes

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
OTHER

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
18x20
Garage Door Height
7
Garage Door Width
9
Garage Square Feet
360

Public Survey Info

Range#
24
Section#
04
Township#
29

Unit 1

Furnished?
No
Leased?
No
Unit Number
Yes
Annual Rent
36000
Finished SqFt
667
Full Baths
Yes
Monthly Expense
Yes
Monthly Rent
1500
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
6

Unit 2

Furnished?
No
Leased?
No
Unit Number
2
Annual Rent
Yes
Finished SqFt
667
Full Baths
Yes
Monthly Expense
Yes
Monthly Rent
1500
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
BLOCK 003 HARVEYS ADDN TO MPLS E 80FT OF LOTS 17 AND 18
Listing City
Minneapolis
Map Page
92
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Property ID Number
0402924210163
Tax Year
2025
Tax Amount
3217
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Completely transformed from top to bottom, this stunning legal duplex feels like new construction and offers an incredible owner-occupy or investment opportunity. Fully remodeled with brand new heating, plumbing, and electrical systems, separate water heaters, separate gas meters, and separate electrical meters for each unit. Extensive upgrades include a brand new roof, fresh exterior paint, all new appliances, updated interiors, and quality finishes throughout. Features a fully finished basement with brand new bathroom and spacious living area already completed. If desired, simply add a kitchen for potential 3rd unit or triplex-style setup for additional income opportunity. Perfect for owner-occupants — live in one unit and rent the other to help offset your mortgage while building long-term wealth. Rare turnkey income-producing property with flexibility, functionality, and future potential. Must see to truly appreciate the transformation and craftsmanship.
Directions
Penn Ave N to 43rd Ave N, east to home

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Existing Financing

Other
Yes

Exterior

Stucco
Yes

Foundation

Brick/Mortar
Yes
Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes
Listing Office: Allchoice Properties LLC
IDX
Last Updated: May - 15 - 2026
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