#6752543, Listing office: Lakes Area Realty
$825,000 List price
1121 Douglas Ave Minneapolis, MN 55403
5,363 sqft
$154 / sqft
Multi-Family
Property details
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. 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.
Highlights
Home typeDuplex
HeatingSteam
StatusActive
Size5,363 sqft
BasementYes
Year built1908
ParkingAttached Garage, Guest Parking
MLS #6718169
Attached garage1 space
Summary
- Basement: Yes
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached Garage, Guest Parking
- Heating: Steam
- List Price: $825,000
- Price/SqFt: $153
- Annual Tax Amount: $13,440
- Tax Year: 2023
- Directions: Franklin Ave west to Emerson Ave S, North to the corner of Emerson and Douglas
- Year Built: 1908
- Living Area: 5,363 SqFt
- MLS Number: 6718169
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 15, 2005 | Home Sold | $685,000 |
| Jul 05, 2002 | Home Sold | $555,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $816,000 | $13,440 |
| 2022 | $759,000 | $12,633 |
| 2021 | $759,000 | $13,335 |
| 2020 | $722,500 | $12,274 |
| 2019 | $722,500 | $13,251 |
| 2018 | $722,500 | $13,607 |
| 2017 | $651,000 | $11,940 |
History based on county public records data.
Nearby schools
2
Emerson Elementary School
Public Magnet PK-5
0.7 mi
•120 W 15th St
4
Kenwood Community School
Public District KG-5
0.7 mi
•2013 Penn Ave S
2
Whittier International Baccalaureate World School
Public Magnet PK-5
0.9 mi
•315 W 26th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,828. The majority of Minneapolis, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
27%
<35k
44%
35k-100k
12%
100k-200k
17%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
79%
Single, No Kids
1%
Single, with Kids
13%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
3%
12-17 yrs old
48%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Hiking/backpacking
Where do the neighbors shop?
H&M
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1121 Douglas Ave
The listing price of 1121 Douglas Ave property is $825,000.
The property 1121 Douglas Ave is a multi located in Minneapolis, Minnesota, 55403.
Active Listing: 1121 Douglas Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1121 Douglas Ave are: Emerson Elementary School (GreatSchools Rating 2/10), Kenwood Community School (GreatSchools Rating 4/10), Whittier International Baccalaureate World School (GreatSchools Rating 2/10), Loveworks Academy for Arts (GreatSchools Rating 1/10), Jefferson Elementary School (GreatSchools Rating 1/10), Anwatin Community Middle School (GreatSchools Rating 1/10), Downtown Campus (GreatSchools Rating 1/10), Merc (GreatSchools Rating 2/10), Fair Senior High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $13,440 (source: MLS/based on county public records data).
The last sale was on March 15, 2005 for $685,000 (source: MLS/tax record).
The property 1121 Douglas Ave is 5,363 SqFt (source: MLS/tax record).
The year of construction for 1121 Douglas Ave is 1908.
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. Features: 0 bathroom. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $825,000.
In June 2025, from all listings sold in Minneapolis, MN there were more than 634 sold above asking price, over 363 sold below and more than 245 were sold right at the asked price. The number of listings in Minneapolis, MN increased by 3.4% between May and June 2025. While the average time on the market in June 2025 was 23 days, the median list price was $359,091.
From Rocket Homes Real Estate and based on county public records data.