Description

Rare opportunity to own a classic up/down duplex in the heart of Minneapolis' highly sought-after Prospect Park neighborhood. Whether you're looking to offset your mortgage with rental income or add a strong-performing asset to your investment portfolio, this property offers outstanding flexibility and long-term potential. Filled with timeless character, both units feature impressive 9-foot ceilings, original hardwood flooring, beautiful wood built-ins, detailed millwork, and abundant natural light. The upper unit boasts a remodeled kitchen with stainless steel appliances, while additional spaces including a charming sunroom/porch, private balcony, unfinished third-floor attic, and expansive basement provide exceptional storage. Major mechanical updates include a boiler (2018), two water heaters (2020), and exterior painted (2026). A half-circle paver driveway accessible from the alley offers convenient off-street parking in addition to ample street parking. Located in one of Minneapolis' most desirable urban neighborhoods, this property is just blocks from the University of Minnesota, Green Line light rail, bus routes, parks, restaurants, coffee shops, and local retail. Easy access to I-35W and I-94 makes commuting throughout the Twin Cities a breeze. With strong rental demand, historic charm, and an unbeatable location, this Prospect Park duplex presents an exceptional opportunity for both investors and owner-occupants alike.

MLS ID: 7091972

Directions: Franklin Ave SE to Malcolm Ave to Melbourne Ave and slight turn onto Arthur Ave SE to duplex.