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Listed price in listed location currency (USD).
$245,900

Estimated to sell in:7 days
410

MLS® 6818220

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1308 sqft
Garage Yes
Taxes $2,766
Days Active 19
Lot Size 
Approx. Age 1904
Avg. Price Per Sqft $187
MLS® Number 6818220

Property Address: 1501 Logan Ave N, Minneapolis, MN, 55411-3173

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey, fully updated investment property with a strong and stable tenant currently in year two of a 2-year lease running through September 1, 2026. The tenants have successfully completed the first year with consistent payment history, offering built-in reliability and reduced vacancy risk. This 4-bedroom home has undergone major capital improvements throughout, including ALL NEW plumbing, a new HVAC system installed by a licensed contractor, new window A/C units, new appliances, and a professionally completed, city-approved foundation repair. With these updates already taken care of, ongoing maintenance costs remain low for the next owner. The main level features separate living, dining, and family room areas, along with a flexible den/office. The clean semi-finished basement includes epoxy-coated floors and freshly painted walls, creating bright usable space with potential for future finishing. Situated on a deep 41×125 lot, the property offers a spacious yard and a full 2-car garage—features that support long-term tenant satisfaction and retention. Current lease generates $2, 325/month, with tenants responsible for electricity, heat, and internet, while the owner pays only trash and water. Strong cash flow combined with extensive updates makes this a solid, low-maintenance addition to any investment portfolio. Tenant-occupied; lease transfers to new owner. Showings require coordination.
MLS® Number6818220
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1904
BasementFull, Unfinished
DrivewayDetached, Concrete, Garage Door Opener, More Parking Onsite for Fee
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Den:Main Floor8 × 10 ft
Kitchen:Main Floor10 × 12 ft
Family Room:Main Floor10 × 14 ft
Living Room:Main Floor12 × 13 ft
Dining Room:Main Floor10 × 12 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 18, 2025List Date
$245,900List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $245,000 and $433,000.
Similar properties in this area sold on average for: $370,163
Expected to sell in 7 days. Similar properties sold in 26 days. This home has been on Zoocasa for 19 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1501 Logan Ave N, Minneapolis, MN

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