$7,124 Closing Credit¹
#6605451, Listing Office: RE/MAX Results
$850,000 List price
1121 Douglas Ave Minneapolis, MN 55403
$10,000
Closing credit¹
5,363 sqft
$158 / 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 #6634449
Attached garage1 space
Summary
- MLS Number: 6634449
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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$850,000
1121 Douglas Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Most Minneapolis, MN residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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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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 November 24, 2024 and is currently priced at $850,000.
Minneapolis, MN housing market in February 2025 saw over 190 listings sold above listed price, more than 131 sold at listed price and over 253 sold below. The inventory of homes for sale in Minneapolis, MN between January and February 2025 increased by 13.9%. Listings spent 48 days on the market in February 2025, and had a median list price of $350,609 during the same period.
From Rocket Homes Real Estate and based on county public records data.