2538 Jefferson Ne Street, Minneapolis, Minnesota 55418

MN, Minneapolis
$435,000
  • 4 Beds
  • 3 Bath
  • Residential Income Property Type
  • 1916 Year Built
  • Active Status
See All 46 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Some people buy a home to have a place to live. Others buy a home to change their financial trajectory. This duplex in Northeast Minneapolis’ Holland neighborhood was built for the second kind of buyer.
For 110 years, this property has had only three owners — each one living in it, maintaining it, investing in it. That kind of care doesn’t happen by accident. It happens when someone believes a home is worth taking care of, not just occupying.
The current owner carried that belief forward: new electrical throughout, an updated boiler, and structural work on the back deck and patio to make sure it’s built to last another century.
But the real opportunity here isn’t what’s already done — it’s what’s next. Live in one unit, rent the other, and let your tenant cover the mortgage. The unfinished attic in the upper unit is ready to become a bedroom, bath, loft, or home office. The basement already has a 3/4 bath and ceiling height tall enough to finish out completely, with real potential to convert this duplex into a triplex down the road. And the concrete parking pad out back is sitting there, waiting for a two-car garage that would add even more value.
Steps from the breweries, coffee shops, art galleries, and parks that make Northeast Minneapolis one of the most walkable, community-driven pockets of the city — this isn’t just a duplex. It’s a way to own your housing costs instead of renting your life away.
Three owners have already proven this home is worth investing in. The next chapter is yours to write.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7104788
  • Price: $435,000
  • Year Built: 1916
  • Listing Status: Active
  • Office Name: eXp Realty
  • Property Sub Type: Duplex Up and Down
  • Roof: Asphalt
Features
  • Swimming Pool None
  • Heating System Boiler
  • Basement Full,Partially Finished,Storage Space
  • Fence None
  • Parking Open,Concrete,Unassigned,Paved Lot
  • Exterior Features Stone
  • Laundry Features Common Area,Laundry Room,Lower Level,In Basement
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55418
  • Street: Jefferson
  • Street Number: 2538
  • Street Suffix: Street
  • Longitude: W94° 44' 38.8''
  • Latitude: N45° 0' 52''
  • Directions: 35W to CR88, turn right on St Anthony Blvd. Left on Kenzie Terr, right onto Jefferson
  • Street Dir Suffix: NE
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: eXp Realty
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Association Amenities: Laundry,Deck,Porch
  • Building Size: 3080
  • Construction Materials: Block,Brick,Concrete
  • Electric: Circuit Breakers
  • Foundation Details: Combination
  • Levels: Two
  • Lot Features: Tree Coverage - Medium,Public Transit (w/in 6 blks)
  • Lot Size Dimensions: 123x46
  • Number Of Units Total: 2
Financial
  • Tax Annual Amount: 4909
Listing Information
  • List Agent Mls Id: 506004211
  • List Office Mls Id: 25792
  • Modification Timestamp: 2026-08-06T10:18:08Z
  • Originating System Name: NorthStar
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