MN > Minneapolis > Bryn - Mawr
Minneapolis, MN 55405,319 Vincent AVE N
Minneapolis, MN 55405,319 Vincent AVE N
Minneapolis, MN 55405,319 Vincent AVE N
Minneapolis, MN 55405,319 Vincent AVE N
Minneapolis, MN 55405,319 Vincent AVE N
Minneapolis, MN 55405,319 Vincent AVE N
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Brandon Wiley

Brandon Wiley

+1(763) 226-6586
$ 639,900
Est. payment | /mo

2,924 SqFt

Save Virtual Tour
$ 639,900
Est. payment | /mo
Save Virtual Tour

2,924 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,924 sqft

Price per Sqft $218

Subdivision Bryn - Mawr

MLS Listing ID 6711073

Year Built 1914

Annual Tax Amount $8,763

Tax Year 2025

Contingent None

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 118x58x128x48x14

Property Sub-Type Duplex Up and Down

Property Description

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.

Location

State MN

County Hennepin

Rooms

Family Room Other

Basement Finished, Full

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Carport, Detached, More Parking Offsite for Fee

Garage Spaces 2.0

Roof Type Age Over 8 Years

Building

Story Two

Foundation 1657

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Wood Siding

New Construction false

Schools

School District Minneapolis

Others

Virtual Tour https://app.press-play.media/sites/kjroaxo/unbranded

Listed by Maria Palmer • Edina Realty, Inc.

Learn More About LPT Realty

agent
Brandon Wiley

Agent

+1(763) 226-6586 | brandonwileymn@gmail.com

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319 Vincent AVE N