17 days on rocket

1121 Douglas Ave, Minneapolis, MN, 55403

$925,000

Home List Price

$10,000*

Closing Credit

0 Baths
5,363 SqFt
$172/SqFt
Multi

Location

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1121 Douglas Ave, Minneapolis$925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached Garage, Guest Parking
Attached Garage1 space
Year Built1908
HeatingSteam
BasementYes
MLS #6634449
StatusActive

About 1121 Douglas Ave

Elegant and well-maintained Lowry Hill duplex. Great outdoor spaces, including patio and balconies. Each unit has an auxiliary apartment with kitchen and bath. Currently, all four spaces are used for short-term rentals and generate over $100,000 in rental income annually. Wonderful location, with easy access to downtown, Uptown, Lake of the Isles, area parks, transit, shopping, entertainment, and dining. A new roof was installed in October 2023. New Furnace This house offers approximately 5,500 square feet of living space with seven bedrooms and five bathrooms and provides ample space and privacy. The home features a spacious layout with a focus on functionality. The primary bedroom offers a private retreat, while the additional six bedrooms provide flexibility for a variety of uses. The five bathrooms ensure convenience and comfort for all occupants. The expansive lot size allows for a range of outdoor activities and exploration. With nearly 333 acres, the property offers the potential for a variety of uses, such as recreational pursuits or agricultural endeavors, subject to applicable zoning and regulations. The home's design and amenities are intended to accommodate a variety of living needs and preferences. Prospective buyers are encouraged to thoroughly inspect the property and consult with relevant professionals to assess its suitability for their specific requirements.

Property Details

Property Features

Property Information:

  • Year Built: 1908
  • Living Area: 5,363 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage, Guest Parking

Utilities

Utilities Information:

  • Heating: Steam

Other

Directions Information:

  • Directions: Franklin Ave west to Emerson Ave S, North to the corner of Emerson and Douglas

Price Information

Listing Price Info

Price Summary:

  • List Price: $925,000
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $12,275
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

1121 Douglas Ave vs Minneapolis

17 DAYS ON ROCKET

-16 Days

$925,000

+$575K More

$172/SqFt

-$30 Less

KEY TAKEAWAY

This property is $575K more than the Median Sold Price and $30/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6634449

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 12/11/2024, 3:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 15, 2005Home Sold
$685,000
Jul 05, 2002Home Sold
$555,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,275$722,500
2019$13,251$722,500
2018$13,607$722,500
2017$11,941$651,000

History based on county public records data.

Payment Calculator

$4,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,840

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1706601
2
/10
  • Emerson Elementary School

  • 120 W 15th St

  • 0.67 miles

  • Public Magnet Grades PK-5

school-card-donut-1706602
4
/10
  • Kenwood Community School

  • 2013 Penn Ave S

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-1706603
2
/10
  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 0.93 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,828. Residents of Minneapolis, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Minnesota›Hennepin County›Minneapolis›55403›1121 Douglas Ave

This home is located at 1121 Douglas Ave in Minneapolis, MN and zip code 55403 in the Calhoun-Isles neighborhood. This 5,363 square foot home was built in 1908. It has been listed on Rocket Homes since November 24, 2024 and is currently priced at $925,000.

Minneapolis, MN housing market in November 2024 saw over 283 listings sold above listed price, more than 203 sold at listed price and over 403 sold below. Between October 2024 and November 2024, Minneapolis, MN real estate market has seen decrease in the number of listings by 6.1%. Listings spent 33 days on the market in November 2024, and had a median list price of $349,986 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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