Potential opportunity to assume the existing FHA loan at a current interest rate of ~ 2.25%, subject to lender approval and buyer qualification! This spacious up/down duplex offers three bedrooms in each unit, a sizable lot, a tremendous backyard, a large detached two-stall garage, ample parking, and fantastic upgrades. It is ideally located just a handful of blocks from the Stone Arch Bridge, Saint Anthony Main, Downtown Minneapolis, and the University of Minnesota. The lower unit is currently vacant while the upper unit is leased, offering flexibility for an investor or the option for an owner-occupant. Both units feature new LVP flooring, paint, and light fixtures. The upper unit also has a washer/dryer! Additional updates include automatic garage doors, a new roof on the home and garage (2024), and new A/C (2025). There is also a fantastic and large exterior storage shed located in the backyard! With six total bedrooms, a private front porch for the lower unit, a rare two stall garage, ample parking, outdoor space, and an exceptional location, this is a truly rare investment property in Marcy Holmes.
Marcy-Holmes, located between the Mississippi River and Interstate 35W, is a historic and riverfront Minneapolis neighborhood with industrial loft conversions and leafy residential blocks. The neighborhood’s character concentrates around the Stone Arch Bridge and Main Street SE, where patios, coffee counters, and riverfront promenades keep the sidewalks active. Landmark brick warehouses and classic Minneapolis walk-ups mix with newer mid-rises near the University of Minnesota edge. Surly Brewing Co. anchors the area’s craft scene, while the Guthrie Theater and Mill City Museum shape a strong cultural spine along the river. Trails trace the waterline past old mill ruins and modern parks, tying daily routines to the skyline and the falls.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Full unfinished basement
Basement present
Bedrooms
6 bedrooms total (includes unit-level bedroom counts)
Bathrooms
Each unit has full bathrooms; second unit includes a three-quarter bath
Kitchen
Range
Refrigerator
Dishwasher (in one unit)
Laundry & utility
In-unit laundry
Laundry in basement
Heating & cooling
Forced air heating
Central cooling (each unit)
Exterior features
Front porch and patio
Vinyl exterior
Chain link, partial and wood fencing
City street frontage
Publicly maintained road
Home design
Residential income property — duplex (up and down)
Two levels
Has additional parcels
Parking
Concrete parking
Detached/attached 2-car garage (24 x 24)
Construction
Roof replaced within last 8 years
Foundation area approximately 1,066 (foundation type: other)
Above-grade finished area and living area total reported
Utilities
City water (connected)
City sewer (connected)
Natural gas
HOA & community
Association amenities include common garden, patio and other shared features
Financial info
Mortgage type listed as FHA
Other
Property listed as owner-occupied: No
Two rental units total
Electricity and solar
View estimated energy costs and solar savings for this home
Available for the first time in decades! Fantastic Opportunity to own this Large Duplex in Marcy Holmes! This Immaculate Property has been Well Loved, Maintained & Occupied by it's owners and their family for many years (not rented). Large rooms, Great Natural Light, HUGE Open Kitchens, Extra Large Lot, Party Garage!, Large Shed, Garden, Perfect Lawn, Roof is 5 Yrs Old... Come see this one soon!
NORTHSTARMLS as Distributed by MLS Grid #5767803
Jun 9, 2021
Listing Removed
—
Jun 4, 2021
Listed
$540,000
$227/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$8,863 (+6.6%)
$177,000 + $289,700
$466,700
2025
$8,316 (+14.0%)
$177,000 + $279,000
$456,000
2024
$7,294 (+6.6%)
$171,000 + $285,000
$456,000
2023
$6,843 (+14.6%)
$148,000 + $277,000
$425,000
2022
$5,973 (+20.1%)
$159,000 + $272,000
$431,000
2021
$4,975 (+6.5%)
2020
$4,672 (−3.0%)
2019
$4,814 (+18.5%)
2018
$4,063 (+3.1%)
2017
$3,942 (+8.1%)
2015
$3,648 (+4.9%)
2014
$3,476 (+5.0%)
2013
$3,311 (−9.2%)
2012
$3,645
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
6,970 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,320
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,320
Year built
1900
Style
Other
County
Hennepin County
APN
23 029 24 11 0069
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Minneapolis, MN • 55414
Average low and high temperatures (°F)
22
7
30
14
49
29
57
39
70
51
78
61
85
68
79
64
75
59
65
47
45
32
29
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 409 6th St SE
$518,243
$1,657 under list price of $520K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $377K to $460K.