Date
Details
Price
Change
Source
3/20/2026
Listed
$479,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/29
$479,900 Contingent
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Property Description
Corner lot overlooking Northeast Athletic Park. Property is across the street from Jim Lupient Water Park. Season Pass is only $50. South facing views of Park and lots of open space. One and half story featuring two bedroom unit upstairs, two one bedroom units on main floor, and one one bedroom unit down. Some leases are gross so current owner pays utilities, because of the meter configuration. Rents are not reflective of current market rates. Couple tenants been there 20-30 years. Most leases are month to month, except one goes to end November. Need lots of notice show. Drive by 1st.
Full Property Details
Full Property Details for 1601 Buchanan St NE
General
- Price: $479,900
- Taxes: $9,676 (2026)
- Status: Contingent
- Type: Triplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7039884
- Updated: 3/27/2026
- Added to Site: 14 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Common Area, Common Area
Additional Information
- Shared Amenities: Coin-op Laundry Owned
Parking
- Garage: Yes
- Garage Description: 22 x 22
- Garage Spaces: 2
- Parking Features: Detached Garage
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Honnettes Add
- Neighborhood: 60
- Driving Directions: Johnson ST NE - 18th Ave NE - Buchanan South
School Information
- School District: 558 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- Heating Type: Forced Air, Other
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Basement Desc.: Full, Storage Space
- Foundation Size: 1432
- Roof: Age Over 8 Years, Asphalt
- Disability Access: None
- Square Feet: 2,577
- Above Ground: 2,077 Sq. Ft.
- Below Ground: 500 Sq. Ft.
- Finished Down/Base.: 2,577 Sq. Ft.
- Year Built: 1956
Unit Information
- Units w/Refrigerators: 4
Lot Features
- Lot Size (Acres): 0.16
- Lot Dimensions: 55.75 x 125
- Frontage: City Street
- Zoning: Residential-Multi-Family
- Lot Description: Public Transit (w/in 6 blks), Corner Lot
Financial Considerations
- Operating Expenses: $18,155
- Tax Amount: $9,676.14
- Tax Year: 2026
- Terms: Conventional, Cash
- Owner Pays: Electricity, Gas, HVAC Maintenance, Insurance, Repairs, Management, Sewer, Taxes, Trash Collection, Water
- Tenant Pays: See Remarks
- Pays Electric: Owner Pays
- Pays Gas: Owner Pays
- Pays Trash: Owner Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: BLOCK 007 HONNETTES ADDN TO MPLS LOT 7 AND S 20 FT OF LOT 8
- Property ID: 1302924210063
Buyer's Brokerage Compensation: Contact Listing Agent
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— 1601 Buchanan St NE —
(612) 723-1000 mobile
(952) 473-3000 direct
NMLS#: 1598647
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Schools
Schools serving 1601 Buchanan St NE
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Pillsbury Elementary School 2250 Northeast Garfield Street, Minneapolis, MN 55418 | PK-5 | 0.5 mi |
Northeast Middle School 2955 Hayes Street Northeast, Minneapolis, MN 55418 | 6-8 | 1.2 mi |
Edison Senior High School 700 22nd Avenue Northeast, Minneapolis, MN 55418 | 9-12 | 0.7 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 1601 Buchanan St NE
Tax History
Tax History for 1601 Buchanan St NE
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,155
12%
$502,000
-2%
2023
$8,190
5%
$512,000
6%
2023
$7,809
—
$485,000
21%
2023
$7,809
21%
$402,000
10%
2020
$6,442
7%
$364,500
10%
2019
$6,017
10%
$331,500
11%
2018
$5,473
8%
$298,500
10%
2017
$5,089
3%
$271,500
7%
2016
$4,921
9%
$254,500
15%
2015
$4,495
7%
$221,500
15%
2014
$4,204
4%
$192,500
5%
2013
$4,030
—
$183,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1601 Buchanan St NE
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- 1,923Sq. Ft.
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Sold by Fortify LLC
1601 Buchanan Street NE, Minneapolis, MN 55413 (MLS# 7039884) is a Triplex property with 5 bedrooms and 0 full bathrooms. 1601 Buchanan Street NE is currently listed for $479,900 and was received on March 20, 2026. This property is listed by Paul Larson from our Wayzata Office.Want to learn more about 1601 Buchanan Street NE? Do you have questions about finding other Triplex real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.