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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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516 8th Ave NE , Minneapolis, MN 55413
$479,500
Est. Payment: $1,065.56/mo
6 Bed
3 Bath
2310 Sqft
0.13 Acres
Status: pending | Days on site: 19
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49293 - 502038326,502038332,502038326,502038332
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House Description

Classic Northeast Minneapolis up/down duplex on a quiet, tree-lined street, beautifully blending timeless original character with thoughtful modern updates. Both units are filled with natural light throughout the day and showcase the craftsmanship of the home's original millwork, solid wood doors, hardwood floors, and stained glass windows. Fresh paint throughout was carefully selected to complement the original woodwork rather than compete with it, with a rich, deep green palette creating a sophisticated contrast against its warmth and a cohesive, inviting feel from room to room. The upper unit is vacant and move-in ready, offering 3 bedrooms with flexibility for a home office, a bright living room with a stunning stained glass bay, and a beautifully updated kitchen featuring brand-new stainless steel appliances, new stone countertops, new flooring, and a new backsplash. A covered back deck provides additional outdoor living space, and a huge walk-up attic offers excellent potential for future expansion (buyer to verify). The main-level unit also features 3 bedrooms, with room for a home office or flex space, along with inviting living and dining rooms and a screened porch. It is currently leased at $2,160/month, providing rental income. Both the front and rear entryways have been freshly painted and finished with new carpeting, creating a welcoming transition into each level. The basement offers abundant storage, a separate, fully finished bathroom, and a laundry area, plus the potential to finish additional space for even more living area. Outside, a large fenced backyard offers plenty of room to entertain, relax, garden, or enjoy the outdoors, with a shed for extra storage. A private driveway adds convenient off-street parking. Additional highlights include maintenance-free siding and separately metered units. With its original architectural character, abundant natural light, extensive updates, flexible spaces, and excellent outdoor amenities, this duplex offers a distinctive opportunity for an investor or owner-occupant in Northeast Minneapolis. Don't miss it!

Highlights

Listed by Geoffrey S Serdar , 952-258-3100 and Sabrina T Bownik , 952-270-3377 Compass , 952-283-0644. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1904

County

Hennepin

Neighborhood

Borups Add To Town Of St Anthony

School District

Minneapolis

Listing ID

7151604

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Above Ground Sq Ft:2240
Below Ground Sq Ft:70
Basement:Full,Partially Finished
Water:City Water/Connected

Exterior Features

Lot:Full,Privacy,Wire,Wood
Lot Dimensions:Irregular
Zoning:Residential-Multi-Family,Residential-Single Family
Roof:Age Over 8 Years,Asphalt
Sewer:City Sewer/Connected
Parking Features:Asphalt
Principal Interest
$1,066
Taxes
$676

Home Price

$479,500

Loan Details

30 yrs
0%

Down Payment

20%
$95,900
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,065.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,065.56 $676.17 $0.00 $1,741.72
Yearly $12,786.67 $8,114.00 $0.00 $20,900.67
Total $383,600.00 $243,420.00 $0.00 $627,020.00
Lender profile image
Will Provost
Loan Originator
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The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-10-22T12:01:08.000Z

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