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$499,900
/mo Edit
Multi-family:  Duplex Side by Side
Built 1941
1,730 sqft • 0.11 acres
Minneapolis schools
MLS# 6657747
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    Property Description

    Fantastic investment opportunity with this duplex in prime Southwest Minneapolis! Just minutes from Lake Harriet, Bde Maka Ska, trails, and parks, this property offers hardwood floors, a bright kitchen & dining area, and a sunroom. Each unit features 1 bed, 1 bath, plus shared basement laundry & storage. Separate garages and driveways add convenience. Ideal for renting both units short- or long-term or living in one while leasing the other!

    Listing

    Contingency: None
    Price per sq ft: $289
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55410
    Neighborhood/Area: Fulton
    Subdivision Name: Reeve Park 3rd Div

    Interior

    Living Area: 1,730 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Partially Finished
    • Shared Access
    • Storage Space

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,548 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Garage Door Opener
    • Tuckunder Garage
    Shared Amenities: Common Laundry
    Road Frontage: City Street
    Exterior Material:
    • Metal Siding
    • Vinyl Siding
    Roof Details:
    • Architectural Shingle
    • Asphalt

    Lot & Land

    Acres: 0.11
    Geolocation: 44.912264, -93.313416
    Lot Dimensions: 39 x 127
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $480
    Annual Fuel Expense: $460
    Annual Insurance Expense: $1,500
    Annual Maintenance Expense: None
    Annual Gross Expense: $3,640
    Annual Trash Expense: $600
    Annual Water/Sewer Expense: $600
    Tenant Expenses: All Utilities, Cable TV

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $6,785
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,785

    Income

    Annual Gross Income: $35,976

    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 RE/MAX Advantage Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.