615 Taylor Street NE, Minneapolis, MN 55413

Overview

Description

Well-cared-for duplex in Northeast Minneapolis’ historic Beltrami neighborhood, located on a quiet, low-traffic street just one block from historic Beltrami Park. This property offers a combination of character, updates, and income potential for both owner-occupants and investors. The layout provides flexibility for an owner-occupant to live in one unit while maximizing rental income from the three-bedroom unit. The lower-level unit is a fully remodeled one-bedroom with a large bedroom and closet, and office-$1,650 per month. The upper-level unit offers three bedrooms, hard flooring throughout, a clean layout, and skyline views-$1,900 per month. Property features include durable steel siding, steel-beam foundation, updated bathrooms and windows, new furnaces, patios, ample storage, and a spacious backyard. Located minutes from the NE Arts District, local restaurants and breweries, Quarry Shopping Center, and Downtown Minneapolis with easy access throughout the Twin Cities.

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1904
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1836
Above Ground SqFt: 1836
Below Grd Total SqFt: 432
Total SqFt: 2268
Foundation Size: 4922
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1900.00
Power Company: Xcel Energy
Lot Dimensions: 39.3 x 124
Acres: 0.11
Garage Stalls: 0

Property Features

Accessible: Grab Bars In Bathroom Amenities Shared: Coin-op Laundry Owned; Common Garden; Porch Basement: Concrete Block Construction Materials: Block; Brick; Concrete Construction Status: Previously Owned Exterior: Steel Siding Fencing: Wood Foundation: Other Fuel: Natural Gas Heating: Forced Air Laundry: Common Area; Gas Dryer Hookup; In Basement; Laundry Room; Sink Roof: Age Over 8 Years Sewer: City Sewer - In Street Stories: Modified Two Story Water: City Water - In Street

Contract Information

Contingency: None
Original List Price: 495000
ListPrice: 419000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 615
Street Name: Taylor
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55413
Complex/Dev/Subdivision: Ramsey Lockwood & Others Add St Anth

Building Information

Finished SqFt Above Ground: 1900

Lease Details

Land Leased: Not Applicable

More Information

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 13
Township#: 29

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Annual Rent: 1650
Finished SqFt: 975
Full Baths: Yes
Monthly Expense: 150
Monthly Rent: 1650
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: Yes

Unit 2

Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: 2
Annual Rent: 1900
Finished SqFt: 861
Full Baths: Yes
Monthly Expense: 200
Monthly Rent: 2000
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 3

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: N/A
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 6819
Property ID Number: 1302924320093
Tax Year: 2024
Tax Amount: 5446.54
In Foreclosure?: No
Potential Short Sale?: Yes
Lender Owned?: No

Directions & Remarks

Public Remarks: Well-cared-for duplex in Northeast Minneapolis’ historic Beltrami neighborhood, located on a quiet, low-traffic street just one block from historic Beltrami Park. This property offers a combination of character, updates, and income potential for both owner-occupants and investors. The layout provides flexibility for an owner-occupant to live in one unit while maximizing rental income from the three-bedroom unit. The lower-level unit is a fully remodeled one-bedroom with a large bedroom and closet, and office-$1,650 per month. The upper-level unit offers three bedrooms, hard flooring throughout, a clean layout, and skyline views-$1,900 per month. Property features include durable steel siding, steel-beam foundation, updated bathrooms and windows, new furnaces, patios, ample storage, and a spacious backyard. Located minutes from the NE Arts District, local restaurants and breweries, Quarry Shopping Center, and Downtown Minneapolis with easy access throughout the Twin Cities.
Directions: Head toward Pierce St NE Turn left onto NE Taylor St (Destination will be on the left)

Accessible

Grab Bars In Bathroom: Yes

Amenities Shared

Coin-op Laundry Owned: Yes
Common Garden: Yes
Porch: Yes

Assessments

Assessment Balance: 0
Assessment Installment: 0
Tax With Assessments: 0

Basement

Concrete Block: Yes

Construction Materials

Block: Yes
Brick: Yes
Concrete: Yes

Construction Status

Previously Owned: Yes

Exterior

Steel Siding: Yes

Fencing

Wood: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Laundry

Common Area: Yes
Gas Dryer Hookup: Yes
In Basement: Yes
Laundry Room: Yes
Sink: Yes

Patio, Porch and Deck Features

Patio: Yes
Porch: Yes
Rear Porch: Yes

Roof

Age Over 8 Years: Yes

Sewer

City Sewer - In Street: Yes

Stories

Modified Two Story: Yes

Water

City Water - In Street: 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