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629 Oak St SE, Minneapolis, MN, 55414

$995,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,679 SqFt
$371/SqFt
House

Location

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629 Oak St SE, Minneapolis$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Detached, Asphalt, Open
Garage1 space
Year Built1900
HeatingForced Air
BasementYes
MLS #6631507
StatusActive

About 629 Oak St SE

Fantastic opportunity to own this front to back multi-level duplex in the heart of Stadium Village at the U of M! Each renovated unit features 5 bedrooms (3 on one level), 1.75 baths, private decks and entrances, in-unit laundry, separate mechanicals and off-street parking! The front unit (#1) is rented @ $3020/month and leased through 8/26/25. The rear unit (#2) is rented @ $3820/month and leased through 8/26/25. Seller maintains and pays the monthly water/trash utility bill and charges back each tenant $25/tenant through their monthly rent. Add to your investment portfolio! Terrific student housing opportunity and has no problem with occupancy. Great location!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,679 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Detached, Asphalt, Open

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: University Ave to south on Oak St to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $371/SqFt

Tax Information:

  • Annual Amount: $6,763
  • Tax Year: 2020
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Housing Market Comparison

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

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Minneapolis, MN

City

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

629 Oak St SE vs Minneapolis

36 DAYS ON ROCKET

+3 Days

$995,000

+$645K More

$371/SqFt

+$169 More

KEY TAKEAWAY

This property is $645K more than the Median Sold Price and $169/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6631507

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 12/21/2024, 10:22:49 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 05, 2010Home Sold
$127,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,763$414,000
2019$6,531$369,500
2018$6,706$369,500
2017$5,794$316,000

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-806551
4
/10

  • Pratt Community School

  • 66 Malcolm Ave SE

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-806552
2
/10

  • Minnesota Transitions Charter Elementary School

  • 2526 27th Ave S

  • 0.94 miles

  • Public Charter Grades KG-6

school-card-donut-806553
1
/10

  • Skyline Math and Science Academy

  • 2600 26th Ave S Ste 100

  • 1.06 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,202. The majority of Minneapolis, MN residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 629 Oak St SE

What is the listing price of this property?

The listing price of 629 Oak St SE property is $995,000.

What type of property is this?

The property 629 Oak St SE is a house located in Minneapolis, Minnesota, 55414.

Is this property for sale now?

Active Listing: 629 Oak St SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,763 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 5, 2010 for $127,000. (source: MLS/tax record).

What is the square footage of this property?

The property 629 Oak St SE is 2,679 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 629 Oak St SE is 1900.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55414›629 Oak St SE

This home is located at 629 Oak St SE in Minneapolis, MN and zip code 55414 in the Prospect Park / East River Road neighborhood. This 2,679 square foot home was built in 1900. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $995,000.

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. In November 2024 in Minneapolis, MN there were 6.1% less homes for sale than in October 2024. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $349,986.

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

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