501 Newton Avenue N, Minneapolis, MN 55405 (MLS# 7149370)

501 Newton Avenue N, Minneapolis, MN 55405

New Listing

$325,000

Classic up/down duplex in Bryn Mawr/Harrison!

Virtual Tour

https://eleven.aryeo.com/sites/rppyvlxx/unbranded

Turnkey duplex, checks the 1% Rule! Owner-occ, house hack or straight investment

Classic woodwork and strained glass windows

Hardwood floors throughout! (virtually staged)

Formal dining on main level Hardwood floors (virtually staged)

Upper level living room or primary bedroom

Upper unit living room (virtually staged

Huge front living room/rec room or primary suite

Upper level bedroom 2 of 3 (virtually staged)

Upper level bedroom 3 of 3 (virtually staged)

Property Type: Multi-Family Bedrooms: 6 Baths: 2 Square Footage: 3,111 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $325,000 List Date: 10/01/2026 Last Modified: 10/03/2026

Overview

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 ... (Read more)

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Listing Details MLS# 7149370

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1909
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1117
Above Ground SqFt: 2400
Below Grd Total SqFt: 711
Total SqFt: 3111
Foundation Size: 1200
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2278.00
Power Company: Xcel Energy
Lot Dimensions: 128x40
Acres: 0.12
Assessment Pending: Unknown

Property Features

Accessible: None Amenities Shared: Porch Basement: Full; Unfinished Construction Materials: Block; Frame; Timber/Post & Beam Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Metal; Vinyl Fencing: Chain Link Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Forced Air Internet Options: Cable; Fiber Optic Laundry: In Basement; In Unit; Lower Level; Upper Level; Washer Hookup Lock Box Type: Combo Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Light Pool Description: None Rental License Type: Standard Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional; Conventional Rehab; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Cable TV; Electricity; Gas Unit 1 Amenities: Porch Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 1 Family Room Characteristics: Family Room; Great Room; Main Level Unit 1 Fireplace Char: Living Room Unit 1 Special Search: Main Floor Bedroom; 3 BR on One Level; Main Floor Primary Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: Window Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 2 Family Room Characteristics: Family Room; Great Room Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 325000
ListPrice: 325000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 501
Street Name: Newton
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55405
Complex/Dev/Subdivision: Drews ADD

Assessments

Tax With Assessments: 4791.38

Building Information

Finished SqFt Above Ground: 2278

More Information

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: Yes
# of Fireplaces: Yes
Finished SqFt: 1117
Full Baths: Yes
Monthly Rent: 1800
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 7

Unit 2

Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: 2
Finished SqFt: 1161
Full Baths: Yes
Monthly Rent: 1850
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 7

Unit Details

Total Units: 2

Documents

501_N_Newton_Ave_Rental Report.pdf ›

Listing Office: Pemberton RE

Last Updated: October - 03 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

501 Newton Avenue N, Minneapolis, MN 55405 (MLS# 7149370)