For Sale: Minneapolis MLS# 6631507
Active
$995,000
Multi-family: Other
Built 1900
2,679 sqft • 0.1 acres
Minneapolis schools
MLS# 6631507
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Property Description
Fantastic opportunity to own this front to back multi-level duplex in the heart of Stadium Village at the U of M! Each renovated unit features 5 bedrooms (3 on one level), 1.75 baths, private decks and entrances, in-unit laundry, separate mechanicals and off-street parking! The front unit (#1) is rented @ $3020/month and leased through 8/26/25. The rear unit (#2) is rented @ $3820/month and leased through 8/26/25. Seller maintains and pays the monthly water/trash utility bill and charges back each tenant $25/tenant through their monthly rent. Add to your investment portfolio! Terrific student housing opportunity and has no problem with occupancy. Great location!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$995,000
Price per sq ft:
$371
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
1
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Other
Zip Code:
55414
Neighborhood/Area:
Prospect Park - East River Road
Subdivision Name:
Meeker Island Land & Power Co Add Rev
Interior
Finished Area:
2,679 ft2
Living Area:
2,679 ft2
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Basement Details:
- Block
- Full
- Storage Space
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
1
Garage Size:
240 ft2
Foundation Size:
722 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Assigned
- Detached
- Open
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Vinyl Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.1
Geolocation:
44.969096, -93.226682
Lot Dimensions:
30 x 140
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Farm
Topography:
Level
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,300
Annual Maintenance Expense:
$3,500
Annual Gross Expense:
$9,300
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$3,500
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,243
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,243
Income
Annual Gross Income:
$82,080
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.