LKV Realty
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$435,000
$2,150Reward *
2538 Jefferson Street NE, Minneapolis, MN 55418Listing ID 7104788

2538 Jefferson Street NE, Minneapolis, MN 55418

Active
Leavitts Add
Time on site: 17 daysLast updated: Aug 6, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex Up and Down
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
3
Square Feet
Square Feet
3,080
Days on Site
Days on Site
10
Heating
Heating
Boiler
Year Built
Year Built
1916
Parking
Parking
Concrete, Paved Lot, Unassigned, Open

Some people buy a home to have a place to live. Others buy a home to change their financial trajectory. This duplex in Northeast Minneapolis' Holland neighborhood was built for the second kind of buyer. For 110 years, this property has had only three owners — each one living in it, maintaining it, investing in it. That kind of care doesn't happen by accident. It happens when someone believes a home is worth taking care of, not just occupying. The current owner carried that belief forward: new electrical throughout, an updated boiler, and structural work on the back deck and patio to make sure it's built to last another century. But the real opportunity here isn't what's already done — it's what's next. Live in one unit, rent the other, and let your tenant cover the mortgage. The unfinished attic in the upper unit is ready to become a bedroom, bath, loft, or home office. The basement already has a 3/4 bath and ceiling height tall enough to finish out completely, with real potential to convert this duplex into a triplex down the road. And the concrete parking pad out back is sitting there, waiting for a two-car garage that would add even more value. Steps from the breweries, coffee shops, art galleries, and parks that make Northeast Minneapolis one of the most walkable, community-driven pockets of the city — this isn't just a duplex. It's a way to own your housing costs instead of renting your life away. Three owners have already proven this home is worth investing in. The next chapter is yours to write.

Property Information

Property Details

Location

Address
2538 Jefferson Street NE
County
Hennepin
City
Minneapolis
Zip Code
55418
Subdivision
Leavitts Add
School District
Minneapolis

Interior Features

Beds and Baths

Bedrooms
4

Building

Building Information

Square Feet
3,080
Year Built
1916
Construction
Block, Brick, Concrete
Foundation
Combination
Roof
Asphalt

Property Taxes

Tax Annual Amount
$4,909
Tax Year
2026
eXp Realty, (320) 500-4397

Market Report for 55418

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Northstar MLS
Northstar MLS logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 09:18 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

NST506004211