21 days on rocket

616 Monroe St NE, Minneapolis, MN, 55413

$389,900

Home List Price

$4,630*

Closing Credit

0 Baths
2,151 SqFt
$181/SqFt
Multi

Location

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616 Monroe St NE, Minneapolis$389,900

Buyer Closing Credits

$4,630*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAsphalt
Year Built1900
HeatingForced Air, Hot Water, Radiant
BasementYes
MLS #6603865
StatusActive

About 616 Monroe St NE

Welcome to this charming duplex in the St. Anthony East neighborhood of Minneapolis. This property features two units with recent updates. The spacious main level offers three bedrooms and one bathroom, and the upper two bedrooms and one bath. The main floor unit has hardwood floors, a spacious living/dining room, three bedrooms, and direct access to the basement/laundry facilities. The upper unit offers two bedrooms, spacious living/dining room and separate forced air heating. Each unit is separately metered for gas and electric and paid by tenants. This duplex is conveniently located near public transit, parks, and schools. Whether you are looking for an investment opportunity or a place to call home, this duplex has a lot to offer. Don’t miss this chance to own a piece of Minneapolis history.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,151 SqFt

Listing Office:

  • Office Name: Lakes Area Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Asphalt

Utilities

Utilities Information:

  • Heating: Forced Air, Hot Water, Radiant

School Info

Assigned Schools Information:

  • Edison High School, Public District Grades 9-12
  • Northeast Middle School, Public Magnet Grades 6-8

Other

Directions Information:

  • Directions: Broadway Northeast to Monroe, South on Monroe 1 1/2 blocks to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,900
  • Price Per SqFt: $181/SqFt

Tax Information:

  • Annual Amount: $6,052
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

616 Monroe St NE vs Minneapolis

21 DAYS ON ROCKET

-13 Days

$389,900

+$40K More

$181/SqFt

-$21 Less

KEY TAKEAWAY

This property is $40K more than the Median Sold Price and $21/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: #6603865

Listing Office:

  • Office Name: Lakes Area Realty

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Last updated on: 11/5/2024, 8:22:47 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

Aug 29, 2008Home Sold
$127,500
Oct 11, 2004Home Sold
$220,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,052$370,500
2019$5,550$314,000
2018$5,182$285,500
2017$4,713$257,000

History based on county public records data.

Payment Calculator

$2,013

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,235

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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.

Middle School

school-card-donut-36032
2
/10
  • Northeast Middle School

  • 2955 Hayes St NE

  • 2.02 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-36033
3
/10
  • Edison High School

  • 700 22nd Ave NE

  • 0.95 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,714. The majority of Minneapolis, MN residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Minnesota›Hennepin County›Minneapolis›55413›616 Monroe St NE

This home is located at 616 Monroe St NE in Minneapolis, MN and zip code 55413 in the Saint Anthony East neighborhood. This 2,151 square foot home was built in 1900. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $389,900.

Over 356 listings were sold over their listed price in October 2024 in Minneapolis, MN. In the same period over 399 listings were sold below the listed price and 223 listings were sold for the listed price. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. Listings spent 34 days on the market in October 2024, and had a median list price of $349,843 during the same period.

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

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