319 Vincent Avenue N
Minneapolis, MN 55405
- – beds
- – baths
- 2,924 sqft
- $218 per sqft
- 1914 build
- – on site
**Multiple Offers- highest and best due Monday at 6:00pm*** 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.
Last checked:
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Last updated May 13, 2025
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MLS# 6711073 —
The Building
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Year Built:1914
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New Construction:false
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Age Of Property:111
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Construction Materials:Wood Siding
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Roof:Age Over 8 Years
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Accessibility Features:None
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Levels:Two
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Main Level Finished Area:1657.0000
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Basement:Finished, Full
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Basement:true
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Foundation Area:1657
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Building Area Total:4581
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Above Grade Finished Area:2924
Room Dimensions
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Living Area:2924
Location
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Directions:Hwy 100 to Glenwood Ave. East on Glenwood to Vincent Ave N. South on Vincent to home.
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Latitude:44.980235
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Longitude:-93.316335
The Property
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Parcel Number:2002924430027
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Property Type:Residential Income
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Property Subtype:Duplex Up and Down
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Additional Parcels:false
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Lot Size Area:0.17
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Lot Size Dimensions:118x58x128x48x14
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Lot Size Units:Acres
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Water Source:City Water/Connected
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (612) 618-1449
- Office phone:
- (952) 927-1100
Taxes
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Tax Year:2025
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Tax Annual Amount:8763
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Tax With Assessments:8762.9200
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Boiler
Utilities
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Sewer:City Sewer/Connected
Appliances
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Refrigerator:Two
Schools
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High School District:Minneapolis
The Community
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Subdivision Name:Bryn - Mawr
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Association Amenities:Patio
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Assessment Pending:No
Parking
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Parking Features:Carport, Detached, More Parking Offsite for Fee
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Garage Spaces:2
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/13/25
May 13, 2025
|
Pending | NORTHSTAR | $639,900 | |
4/29/25
Apr 29, 2025
|
Listed / Active | NORTHSTAR | $639,900 | 24.3% (5.4% / YR) |
10/19/20
Oct 19, 2020
|
NORTHSTAR | $515,000 | -5.5% |