$995,000

629 Oak St SE Minneapolis, MN 55414

$10,000
Closing credit¹
2,679 sqft
$371 / sqft
House

Property details

About 629 Oak St SE

Discover an exceptional front-to-back multi-level duplex nestled in the vibrant heart of Stadium Village at the University of Minnesota! This renovated property, features a rear addition completed in 2010, and offers the perfect blend of modern comfort and student-friendly living. Each of the spacious units boasts 5 inviting bedrooms, 1.75 stylish baths, and private decks perfect for relaxation. Enjoy the convenience of in-unit laundry, separate mechanical systems, and the added perk of an off-street parking spot. The front unit (#1) is currently occupied and generates a robust rental income of $3,020 per month, with a lease secured through August 26, 2025. The rear unit (#2) is also occupied, commanding a premium rent of $3,820 per month, with the same lease expiration. The seller covers the water, sewer, and trash bills, while charging tenants a modest reimbursement fee of $25 per tenant per month for these essential utilities. This property stands out as a premier investment opportunity for student housing, making it an invaluable addition to any real estate portfolio. Don’t miss out on this remarkable chance to invest in a thriving community!

Highlights

Home typeOther
HeatingForced Air
StatusActive
Size2,679 sqft
BasementYes
Year built1900
ParkingAssigned, Detached, Asphalt, Open
MLS #6704262
Garage1 space

Summary

  • Basement: Yes
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Detached, Asphalt, Open
  • Heating: Forced Air
  • List Price: $995,000
  • Price/SqFt: $371
  • Annual Tax Amount: $6,974
  • Tax Year: 2023
  • Lot: Many Trees
  • Directions: University Ave to south on Oak St to property.
  • Year Built: 1900
  • Living Area: 2,679 SqFt
  • MLS Number: 6704262
  • MLS Name: NORTHSTAR
  • Office Name: Coldwell Banker Realty

IDX Broker Reciprocity Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 1:22:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

629 Oak St SE, Minneapolis, MN 55414 - exterior space

$995,000

629 Oak St SE

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 05, 2010
Home Sold
$127,000

Tax history

YearAssessmentProperty Tax
2023$436,000$6,974
2022$436,000$7,019
2021$427,000$7,254
2020$414,000$6,763
2019$369,500$6,531
2018$369,500$6,706
2017$316,000$5,794

History based on county public records data.

Nearby schools

4

Pratt Community School

Public District PK-5

0.6 mi

66 Malcolm Ave SE

2

Minnesota Transitions Charter Elementary School

Public Charter KG-6

0.9 mi

2526 27th Ave S

1

Skyline Math and Science Academy

Public Charter KG-6

1.1 mi

2600 26th Ave S Ste 100

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,202. Typical income of Minneapolis, MN residents is less than $<35k 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?

78%
<35k
19%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

92%
Single, No Kids
1%
Single, with Kids
6%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

1%
<11 yrs old
0%
12-17 yrs old
94%
18-34 yrs old
4%
35-64 yrs old
1%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • TennisTennis

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 629 Oak St SE

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

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

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

The nearby schools for 629 Oak St SE are: Pratt Community School (GreatSchools Rating 4/10), Minnesota Transitions Charter Elementary School (GreatSchools Rating 2/10), Skyline Math and Science Academy (GreatSchools Rating 1/10), Sullivan Elementary School (GreatSchools Rating 2/10), Aurora Middle School (GreatSchools Rating 1/10), Bdote Learning Center (GreatSchools Rating 1/10), Venture Academy (GreatSchools Rating 3/10), Voa High School (GreatSchools Rating 1/10), American Indian Oic (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $6,974 (source: MLS/based on county public records data).

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

The property at 629 Oak St SE has 0 bathroom.

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

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

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. Features: 0 bathroom. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $995,000.

Over 466 listings were sold over their listed price in April 2025 in Minneapolis, MN. In the same period over 261 listings were sold below the listed price and 213 listings were sold for the listed price. Between March and April 2025, Minneapolis, MN real estate market has seen increase in the number of listings by 23%. In April 2025, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $354,417.

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

More resources