Rare opportunity to own a duplex investment property in a prime St. Louis Park location! Each unit offers convenient main-level living with unfinished lower levels providing exceptional potential to add finished square footage, additional bedrooms, and increased rental income. Unit 2247 is currently tenant-occupied and features carpeted flooring. Showings will be limited to the vacant 2249, which is ready for your updates and remodeling. Unit 2249 includes a detached 2-car garage and hardwood floors ready for refinishing. Whether you're looking to renovate, owner-occupy, or expand your investment portfolio, this property offers outstanding upside in a highly desirable location. Property to be sold as is. Buyer to complete St. Louis Park Code compliance work after closing. City will escrow for the amount repairs until work is completed. see list and information in documents
Eliot, located between Highway 7 and Minnetonka Boulevard, is a residential and park-adjacent St. Louis Park neighborhood with mid-century ramblers and leafy side streets. The neighborhood’s character concentrates around the Louisiana Avenue S and Minnetonka Boulevard corridor, where small storefronts, studios, and everyday errands create a steady street rhythm. The Westwood Hills Nature Center serves as a defining landscape, pairing boardwalk trails with prairie and wetland views. Nearby, The Shops at West End adds a modern main-street feel with dining and cinema energy. Housing reads as practical and well-kept, with garages, mature trees, and walkable blocks that connect to trails and parks.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full unfinished block basement with single-tenant access
Bedrooms
Two 2-bedroom units (total 4 bedrooms)
Bathrooms
Each unit has one full bathroom (total 2 full bathrooms)
Kitchen
Each unit includes a kitchen (appliance specifics not provided)
Laundry & utility
Laundry located in the basement / lower level
Heating & cooling
Forced air heating
Exterior features
City street frontage
Publicly maintained road access
Lot dimensions approximately 80 x 133.3
Home design
Side-by-side duplex (residential income property)
One level construction (each unit on a single level)
Parking
Attached garage with 2 garage spaces
One carport space
Construction
Block construction
Block foundation
Built with a total building area of 3,968 square feet
Utilities
City water connected
City sewer connected
Electric service with circuit breakers
Natural gas
Financial info
Property generates gross income of $40,200 and net operating income of $27,629
Owner pays insurance, repairs, sewer, taxes and water
Reported expenses include water/sewer $1,163.56, trash $946.20, insurance $3,896.07
Rental license: Standard (active); tenants pay cable TV, electricity, gas, heat, hot water, lawn care and snow removal
Electricity and solar
View estimated energy costs and solar savings for this home
Provide a mix of house scale and low-rise housing types beyond those allowed in the N-1 district, such as low-rise multiple-unit buildings that retain compatibility with the scale of housing allowed in the N-1 district. Allow non-residential uses limited to city facilities, educational, childcare, and places of worship. Home occupations are encouraged and required to be consistent with the residential character of the neighborhood. Support neighborhood commercial businesses and transit by focusing on transit-priority streets and encouraging close proximity to small commercial nodes.
Permitted uses
Include but are not limited to:
Housing-Student
Jan 28, 2022 • Final
Plumbing
Plumbing
Water heater
Aug 24, 2015 • Final
Electrical
Install a fuse holder, light fixtures, and a bathroom exhaust fan in the principal building.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk 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 99° 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
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Saint Louis Park, MN • 55426
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14
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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 2249 Louisiana Ave S
$418,200
$1,700 under list price of $420K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $340K to $485K.