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2538 Jefferson Street Ne, Minneapolis, MN 55418

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Listed By

Agency Name: eXp Realty
Agency Phone: 320-500-4397

Shown By

Agent Name: Jerry Ritten
Agent Phone: (763) 557-6300
Agency Title: Counselor Realty

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Property Description

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.

2538 Jefferson Street Ne | MLS# 7104788

This multi-family property located at 2538 Jefferson Street Ne, Minneapolis, MN 55418 is currently listed for sale with an asking price of $435,000. Jefferson Street Ne is located within the Minneapolis school district. Search Minneapolis real estate on jritten.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Partially Finished, Storage Space
Heating: Boiler
Lot Size: 0.13 Acres
Roof Type: Asphalt
Taxes: $4,909
Year Built: 1916

Feature Descriptions

Days on Site: 7
Exterior: Block, Brick, Concrete
Foundation Size: 777
Lot: Public Transit (w/in 6 blks), Tree Coverage - Medium
Lot Dimensions: 123x46
Owners Expense: Electricity, Gas, Insurance, Sewer, See Remarks, Taxes, Trash Collection, Water
Parcel#: 1102924130116
Parking: Concrete, Paved Lot, Unassigned, Open
Road Frontage: Curbs, Paved Streets, Sidewalks, Street Lights
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Gas
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 2,851.21 per month $2,315.25 Principal & Interest $409.08 Property Tax $126.88 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/08/2026. The listing information on this page last changed on 08/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/08/2026 12:00:01 AM EST) or RMLS-MN MLS (last updated Fri 08/07/2026 11:53:23 PM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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