451 Madison Street NE, Minneapolis, MN 55413

$459,900
Property Type: Multi-Family Bedrooms: 5 Baths: 3 Square Footage: 3,407 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $459,900 List Date: 4/03/2026 Last Modified: 4/12/2026

Overview

Description

Located in the heart of Northeast Minneapolis on a quiet cul-de-sac, this timeless up-and-down duplex blends classic charm with quality craftsmanship from an era when homes were built to last. Just a short walk to local bars, shops, restaurants, schools, and parks, the location offers unbeatable convenience and walkability. The main-level unit features 3 bedrooms, 2 bathrooms, and 1,711 finished square feet, including additional finished basement space that provides extra living area and ample storage. The upper-level unit offers 2 bedrooms and 1 bathroom with a spacious and functional layout, ideal for tenants or extended family. The unfinished third level presents a fantastic opportunity to add value—perfect for a future owner’s suite, studio, or additional rental space. A new boiler installed in 2025 ensures modern efficiency and reliability, while separate gas and electric utilities add flexibility for owner-occupants or investors. This turn-key property is ready for immediate move-in, making it a rare Northeast Minneapolis gem that combines character, functionality, and long-term potential.

Listing Details MLS# 7047723

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Waterfront Present
No
Year Built
1900
Yearly/Seasonal
Yearly
Main Floor Total SqFt
1406
Above Ground SqFt
2637
Below Grd Total SqFt
770
Total SqFt
3407
Foundation Size
770
Style
(MF) Duplex Up and Down
Total Finished Sqft
2837.00
Garage Stalls
2
Lot Dimensions
40 X 129
Acres
0.12
Assessment Pending
Unknown

Property Features

Accessible: None Basement: Full Construction Status: Previously Owned Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Forced Air Laundry: In Basement; In Unit Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
Inspection
Original List Price
459900
ListPrice
459900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
451
Street Name
Madison
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55413
Complex/Dev/Subdivision
Sibley Add To St Anth

Assessments

Tax With Assessments
8039
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2481
Finished SqFt Below Ground
356

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
396

Public Survey Info

Range#
24
Section#
14
Township#
29

Unit 1

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
Yes
3/4 Baths
Yes
Finished SqFt
1711
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
7

Unit 2

Furnished?
No
Leased?
No
Unit Number
2
Finished SqFt
1126
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 018 BLOCK 017 SIBLEY ADDN TO ST ANTH
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
2121
Property ID Number
1402924430022
Tax Year
2025
Tax Amount
8039
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Located in the heart of Northeast Minneapolis on a quiet cul-de-sac, this timeless up-and-down duplex blends classic charm with quality craftsmanship from an era when homes were built to last. Just a short walk to local bars, shops, restaurants, schools, and parks, the location offers unbeatable convenience and walkability. The main-level unit features 3 bedrooms, 2 bathrooms, and 1,711 finished square feet, including additional finished basement space that provides extra living area and ample storage. The upper-level unit offers 2 bedrooms and 1 bathroom with a spacious and functional layout, ideal for tenants or extended family. The unfinished third level presents a fantastic opportunity to add value—perfect for a future owner’s suite, studio, or additional rental space. A new boiler installed in 2025 ensures modern efficiency and reliability, while separate gas and electric utilities add flexibility for owner-occupants or investors. This turn-key property is ready for immediate move-in, making it a rare Northeast Minneapolis gem that combines character, functionality, and long-term potential.
Directions
From Downtown Minneapolis, go north on Central Ave to Spring St. Go left to Madison St NE. Go left to house on left.

Accessible

None
Yes

Basement

Full
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Forced Air
Yes

Laundry

In Basement
Yes
In Unit
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Income and Expenses

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

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes
Listing Office: True Neighbor Realty
IDX
Last Updated: April - 12 - 2026
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