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$700,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 3 Total Baths
  • 3,855 Sq. Ft.
  • 2 Car Garage
  • Updated 4 days ago
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Located in sought-after Prospect Park, this mint-condition duplex offers three full levels of beautifully finished living space, plus expansion potential on the third floor. Perched on a hill, the home features a welcoming front porch and a back deck with unexpected scenic views. Meticulously maintained inside and out, the property showcases wood flooring throughout, updated kitchens and baths, formal living spaces with a gas fireplace, and charming sitting areas filled with character. The fully finished walk-out lower level includes a ¾ bath, kitchen, dining area, and living space-ideal for guests, extended family, or additional rental flexibility. Outside, enjoy the beautifully landscaped yard, spacious back deck, and covered patio area perfect for relaxing or entertaining. Conveniently located within walking and biking distance to University of Minnesota and the river, with easy access to the light rail, shops, restaurants, and everyday amenities.

Full Property Details for 129 Melbourne Ave SE

General

  • Price: $700,000
  • Taxes: $11,150 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7062730
  • Updated: 5/8/2026
  • Added to Site: 6 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Lower Level, Laundry Room, Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Lower Level, Laundry Room

Additional Information

  • Shared Amenities: Laundry, Patio

Exterior

  • Porch/Patio/Deck: Covered, Enclosed, Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Concrete

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Prospect Park Heights Add
  • Neighborhood: 65
  • Driving Directions: Franklin Ave, north on Malcolm, west on Melbourne

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Boiler, Radiator
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Daylight/Lookout Windows, Egress Window(s), Finished, Full, Shared Access, Storage Space, Tile Shower, Walk-Out
  • Foundation Size: 1343
  • Roof: Architectural Shingle, Pitched
  • Disability Access: None
  • Square Feet: 3,855
  • Above Ground: 2,672 Sq. Ft.
  • Below Ground: 1,343 Sq. Ft.
  • Finished Down/Base.: 4,015 Sq. Ft.
  • Year Built: 1910

Unit Information

  • Units w/Refrigerators: 3

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Dimensions: 65 x 130
  • Frontage: City Street, Paved Streets, Sidewalks, Street Lights, Storm Sewer
  • Lot Description: Public Transit (w/in 6 blks), Light Tree Coverage

Financial Considerations

  • Tax Amount: $11,150
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: BLOCK 007 PROSPECT PARK HEIGHTS ADDN TO MPLS LOT 8 AND W 25 FT OF LOT 7 LOTS 7 AND 8
  • Property ID: 3002923430105

Listed by Edina Realty, Inc.

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Listing agents

— 129 Melbourne Ave SE —

  • Edina Realty, Inc.

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 129 Melbourne Ave SE

School District:Minneapolis Public School District
NameGradesDistance
Pratt Elementary School
66 Malcolm Avenue Southeast, Minneapolis, MN 55414
PK-50.3 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-84 mi
Edison Senior High School
700 22nd Avenue Northeast, Minneapolis, MN 55418
9-123.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 129 Melbourne Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Listed
$700,000
139900%
MLS
6/27/2018
Sold
$500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 129 Melbourne Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,541
15%
$578,000
1%
2023
$9,149
11%
$572,000
12%
2023
$8,211
9%
$510,000
21%
2020
$7,561
-5%
$422,500
—
2019
$7,997
15%
$422,500
17%
2018
$6,958
16%
$361,000
20%
2017
$5,988
-3%
$301,000
—
2016
$6,175
-9%
$301,000
—
2015
$6,803
11%
$301,000
16%
2014
$6,137
6%
$260,000
7%
2013
$5,810
—
$243,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Edina Realty, Inc.

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129 Melbourne Avenue SE, Minneapolis, MN 55414 (MLS# 7062730) is a Duplex property with 4 bedrooms and 0 full bathrooms. 129 Melbourne Avenue SE is currently listed for $700,000 and was received on May 07, 2026. Want to learn more about 129 Melbourne Avenue SE? Do you have questions about finding other Duplex real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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