319 VINCENT AVENUE
319 Vincent Avenue, Minneapolis, 55405, MN
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Price: $639,900
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Status type: For Sale
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City: Minneapolis
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Neighborhood: Bryn - Mawr
Bedrooms: 0
Property Size :2924
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Listing Agent: NST16629,NST106763
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Property type : Duplex Up and Down
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Zip code: 55405
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Street: 319 Vincent Avenue
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Street: 319 Vincent Avenue
Bathrooms: N/A
Year: 1914
Listing Brokerage: Edina Realty, Inc.
DETAILS
Incredible Investment Opportunity with Assumable 2.25% Mortgage! This charming, fully updated up/down duplex offers both immediate cash flow and long-term upside—perfect for savvy investors. Take advantage of an ultra-low assumable mortgage rate (for qualified buyers) and save hundreds each month on interest while your tenants cover the mortgage. The property features two spacious, sun-filled units, each with 3 bedrooms, 1 bathroom, large kitchens, formal dining rooms, walk-in closets, mudrooms, in-unit laundry, and ample storage. Both units have been tastefully updated while preserving vintage charm, and offer private outdoor space surrounded by mature landscaping. With layouts that live like a single-family home, this duplex attracts high-quality tenants and commands strong rents. Currently generating $4,645/month in gross rental income, the lower unit rents for $2,495 and will be available July 1, providing owner-occupant flexibility or the chance to increase rents. The upper unit is rented at $2,150/month through August 1, with no intent to vacate. The landlord pays all utilities except electric and internet, keeping overhead predictable and manageable. For investors seeking added value, the dry, clean basement with full-height ceilings offers potential to expand the lower unit by adding bedrooms and bathrooms. The oversized detached garage (currently used for storage) also presents an opportunity to convert into an ADU, further increasing income. Located in a quiet, high-end residential pocket across from Theo Wirth Parkway, with quick access to downtown, bike trails, and major highways—this is a wonderful Bryn-Mawr neighborhood with strong appreciation potential.
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: 2924 ft²
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: 2924ft²
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Basement Details: Finished, Full,
Appliances Included:
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EXTERIOR
Air Conditioning: N/A
Garage Spaces: 2
Construction Materials: N/A
Foundation Size: 1657ft²
Unit Amenities:
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Heating System:
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- Boiler
LOT
Acres: N/A
Lot Size Dim.: 118x58x128x48x14
Longitude: 44.9802
Latitude: -93.3163
Zoning: N/A
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $8,763
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADITIONAL INFORMATION
MLS#: NST7734757
Listing Brokerage: Edina Realty, Inc.
ID: 3561197
Published: April 29, 2025
Last Update: April 29, 2025
Views: 2
