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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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501 Newton Ave N , Minneapolis, MN 55405
$325,000
Est. Payment: $722.22/mo
6 Bed
2 Bath
2278 Sqft
0.12 Acres
Status: active | Days on site: 27
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253204 - 506014536
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Hatch Brokered by Real, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Welcome to 501 Newton Ave N, a spacious up/down duplex in Minneapolis’ Bryn Mawr/Harrison neighborhood offering an excellent opportunity for an investor at the 1% RULE or owner-occupant looking to house hack! See Supplements for RentOMeter rental analysis of ~$1,800/unit With approximately 1,200 finished square feet per unit, this corner property features generous room sizes, hardwood floors, in-unit laundry, and the character you’d expect from a classic Minneapolis duplex. Each unit offers flexible living space with plenty of natural light and comfortable common areas. Live in one unit while renting the other, add this property to your rental portfolio, or explore the potential to maximize rental income over time. Located just minutes from downtown Minneapolis with convenient access to Theodore Wirth Park, bike trails, neighborhood amenities, coffee shops, bus line and lightrial. Whether you're looking for your first investment property or another solid Minneapolis duplex to add to your portfolio, 501 Newton offers space, location and versatility in one package.
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Highlights

Listed by Ryan Walseth - TAYLRD Real Estate , 612-770-1361 Pemberton RE , 612-260-8777. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Multi-Family
Lot/Acreage
0.12

Year Built

1909

County

Hennepin

 Neighborhood

Drews ADD

 School District

Minneapolis

Listing ID

7149370

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Above Ground Sq Ft:2278
Basement:Full,Unfinished
Water:City Water/Connected

Exterior Features

Lot:Public Transit (w/in 6 blks),Corner Lot,Tree Coverage - Light,Chain Link
Lot Dimensions:128x40
Zoning:Residential-Multi-Family
Roof:Asphalt,Pitched
Sewer:City Sewer/Connected
Parking Features:Concrete
Principal Interest
$722
Taxes
$399

Home Price

$325,000

Loan Details

30 yrs
0%

Down Payment

20%
$65,000
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:
$722.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $722.22 $399.28 $0.00 $1,121.50
Yearly $8,666.67 $4,791.38 $0.00 $13,458.05
Total $260,000.00 $143,741.40 $0.00 $403,741.40
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Will Provost
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Market insight data is pulled from the same city as the listing being viewed (Minneapolis, MN).

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: 2026-10-22T10:01:08.000Z

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