For Sale: Minneapolis MLS# 6676766
Active
$489,900
Multi-family: Four Plex
Built 1900
2,102 sqft • 0.12 acres
Minneapolis schools
MLS# 6676766
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Property Description
Charming and well-maintained fourplex in the heart of Powderhorn Park, perfectly situated on a quiet, tree-lined block just steps from the park. This is a fantastic opportunity for an owner-occupant looking to offset their housing costs with rental income!
Featuring numerous updates, this property boasts a newer boiler with zoned heating for each unit, updated copper plumbing, and a newly replaced roof. Three of the units have been freshly painted, giving them a bright and refreshed look. Additionally, an 1, 100-square-foot garage has been converted into a heated studio/workshop, potential for generating an extra $400 per month in rental income.
Enjoy the best of both worlds with a peaceful setting in a convenient, vibrant neighborhood close to shops, dining, and public transit. Donâ??t miss out on this incredible investment opportunity!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$489,900
Price per sq ft:
$233
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Four Plex
Zip Code:
55407
Neighborhood/Area:
Powderhorn Park
Subdivision Name:
Chas W Rohnes Rgt & Bairds
Interior
Finished Area:
2,102 ft2
Living Area:
2,102 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Full
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
3
Garage Size:
600 ft2
Foundation Size:
1,165 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached
Exterior Material:
Wood Siding
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.12
Geolocation:
44.942834, -93.26097
Lot Dimensions:
5227
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:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,673
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,673
Income
Annual Gross Income:
None
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
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 Keller Williams Realty Integrity Lakes.
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.