55 Williams Avenue SE, Minneapolis, MN 55414

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1909
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1175
Above Ground SqFt: 2131
Below Grd Total SqFt: 996
Total SqFt: 3127
Foundation Size: 1175
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2268.00
Garage Stalls: Yes
Lot Dimensions: 60'x123'x40'x144'
Acres: 0.15
Assessment Pending: Unknown

Property Features

Accessible: None Basement: Full; Partially Finished; Storage Space; Unfinished Construction Materials: Frame Construction Status: Previously Owned Exterior: Other Financing Terms: Conventional Foundation: Other Fuel: Natural Gas Heating: Hot Water Laundry: Lower Level; Upper Level Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light Road Frontage: Curbs; Paved Streets; Sidewalks; Storm Sewer Road Responsibility: Public Maintained Road Roof: Pitched Sellers Terms: Cash; Conventional; Conventional Rehab; FHA; FHA Rehab 203k; Special Funding; VA; Other Sewer: City Sewer/Connected Stories: Two Unit 1 Amenities: Open Floor Plan; Ceiling Fan(s); French Doors; Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Sun Room; Washer/Dryer Hookup Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor 3/4 Bath; Primary Walk-Thru Unit 1 Cooling: Window Unit 1 Dining Room Description: Eat In Kitchen; Informal Dining Room Unit 1 Family Room Characteristics: Main Level Unit 1 Fireplace Char: Decorative; Primary Bedroom Unit 1 Special Search: Main Floor Bedroom; Main Floor Primary Unit 2 Amenities: Hardwood Floors; Kitchen Window; Porch; Washer/Dryer Hookup Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: None Unit 2 Dining Room Description: Informal Dining Room Unit 2 Special Search: 2nd Floor Laundry Water: City Water/Connected

Contract Information

Off Market Date: 2026-05-06
Contingency: None
Closed Date: 2026-05-21
Original List Price: 339900
ListPrice: 294900
Sales Close Price: 282000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 55
Street Name: Williams
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Andrus Add To Prospect Park

Assessments

Tax With Assessments: 8097
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2131
Finished SqFt Below Ground: 137

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 480

Public Survey Info

Range#: 23
Section#: 30
Township#: 29

Unit 1

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: Yes
# of Fireplaces: Yes
3/4 Baths: Yes
Finished SqFt: 1133
Monthly Rent: 1500
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit 2

Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: 2
Finished SqFt: 843
Full Baths: Yes
Monthly Rent: 1500
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 003 ANDRUS ADDN TO PROSPECT PARK MPLS
Listing City: Minneapolis
Map Page: 107
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Property ID Number: 3002923420003
Tax Year: 2025
Tax Amount: 8097
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to a fantastic investment or owner-occupant opportunity in one of Minneapolis's most highly sought-after university neighborhoods! Tier 1 Rental License in the past. Perfect for a handy buyer or an investor looking for a project. Home is being sold as-is. Upper Unit: Features a spacious living room, two comfortable bedrooms, one full bath, and a dedicated laundry. Main Level: Offers a sprawling, highly desirable two-bedroom, one-bathroom layout that is a primary bedroom with a walk-through bath, perfect for maximizing rental income, along with a heated front porch. Don't forget about the extra finished storage space in the lower level! Situated just a stone's throw from the University of Minnesota, residents will love the effortless access to campus life, public transit, and a vibrant array of shopping and dining options. Easy to show with a quick close possible. Rent estimates, the property was rented in 2025 with rents totaling approximately $2,825 for the building. Current rents in the listing are estimates. Average cost for Electricity in November-January is $50 per month. Average cost for Gas in November-February is $316 a month. Water/Sewer/Trash is $141.80 a month.
Directions: University Ave to (S) on Arthur Ave- veer to the (R)- turn on all immediately after green duplex(50/52). Property is at the end.

Accessible

None: Yes

Basement

Full: Yes
Partially Finished: Yes
Storage Space: Yes
Unfinished: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Exterior

Other: Yes

Financing Terms

Conventional: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Hot Water: Yes

Laundry

Lower Level: Yes
Upper Level: Yes

Lot Description

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

Patio, Porch and Deck Features

Enclosed: Yes
Front Porch: Yes
Porch: Yes
Rear Porch: Yes

Road Frontage

Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Storm Sewer: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Pitched: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
Conventional Rehab: Yes
FHA: Yes
FHA Rehab 203k: Yes
Other: Yes
Special Funding: 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 Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Misc Monthly Income: 0
Misc. Annual Income: 0
Total Annual Expenses: 0

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Unit 1 Amenities

Open Floor Plan: Yes
Ceiling Fan(s): Yes
French Doors: Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes
Sun Room: Yes
Washer/Dryer Hookup: Yes

Unit 1 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

Main Floor 3/4 Bath: Yes
Primary Walk-Thru: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Dining Room Description

Eat In Kitchen: Yes
Informal Dining Room: Yes

Unit 1 Family Room Characteristics

Main Level: Yes

Unit 1 Fireplace Char

Decorative: Yes
Primary Bedroom: Yes

Unit 1 Special Search

Main Floor Bedroom: Yes
Main Floor Primary: Yes

Unit 2 Amenities

Hardwood Floors: Yes
Kitchen Window: Yes
Porch: Yes
Washer/Dryer Hookup: Yes

Unit 2 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

Upper Level Full Bath: Yes

Unit 2 Cooling

None: Yes

Unit 2 Dining Room Description

Informal Dining Room: Yes

Unit 2 Special Search

2nd Floor Laundry: Yes