13 days on rocket

Sale Pending

1818/1820 Douglas Ave, Minneapolis, MN, 55403

$850,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,644 SqFt
$183/SqFt
Multi
Schools Nearby

Location

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1818/1820 Douglas Ave, Minneapolis$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached Garage, Tuckunder Garage
Attached Garage2 spaces
Year Built1949
HeatingForced Air
BasementYes
MLS #6501005
StatusSale Pending
(Pending)

About 1818/1820 Douglas Ave

Multiple offers received - deadline for all offers to be due by 11:59pm tonight with a decision to be made first half of day tomorrow. Don’t miss this amazing opportunity to own an extremely rare duplex in the incredible Kenwood neighborhood! This is an owner occupants dream. The 1820 side was recently remodeled with a beautiful gourmet kitchen and a large owner's suite. It has an abundance of natural light, an open floor-plan and every aspect has been beautifully updated. The 1818 side includes a 4 season porch, a brand new gas fireplace, a custom oven, built-ins and brings in $2699 per month in rental income. The tenant lease has more than 2 years remaining. Given its close proximity to the lakes and being kitty corner to Kenwood Park, this property has always attained attractive rental income and high quality tenants. New roof in 2024. This is a perfect house for someone who wants to live in a million dollar neighborhood while only paying a fraction of the cost.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Living Area: 4,644 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Tuckunder Garage

Lot Features

Lot Information:

  • Lot: Zero Lot Line

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Anwatin Middle Community School, Public District Grades 6-8
  • Anthony Middle School, Public District Grades 6-8
  • Kenwood Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: Hennepin Avenue to Douglas to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $183/SqFt
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

1818/1820 Douglas Ave vs Minneapolis

13 DAYS ON ROCKET

-25 Days

$850,000

+$508.7K More

$183/SqFt

-$19 Less

KEY TAKEAWAY

This property is $508.7K more than the Median Sold Price and $19/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6501005

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 4/29/2024, 7:22:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3311840
4
/10

  • Kenwood Elementary

  • 2013 Penn Ave S

  • 0.91 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3311841
1
/10

  • Anwatin Middle Community School

  • 256 Upton Ave S

  • 1.40 miles

  • Public District Grades 6-8

school-card-donut-3311842
5
/10

  • Anthony Middle School

  • 5757 Irving Ave S

  • 4.69 miles

  • Public District Grades 6-8

High School

school-card-donut-3311843
5
/10

  • Southwest High School

  • 3414 W 47th St

  • 3.70 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,164. Residents of Minneapolis, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55403›1818/1820 Douglas Ave

This home is located at 1818/1820 Douglas Ave in Minneapolis, MN and zip code 55403 in the Calhoun-Isles neighborhood. This 4,644 square foot home was built in 1949. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $850,000.

In March 2024, from all listings sold in Minneapolis, MN there were more than 380 sold above asking price, over 317 sold below and more than 165 were sold right at the asked price. In March 2024 in Minneapolis, MN there were 15.5% more homes for sale than in February 2024. In March 2024 median list price was $341,287 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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