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For Sale:  Minneapolis MLS# 6789882

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Active
$550,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1925
2,642 sqft • 0.15 acres
Minneapolis schools
MLS# 6789882
763-576-8286
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    Property Description

    This exceptional Lyndale duplex offers immense curb appeal and two meticulously maintained units, each with an owner-occupant level quality finish and condition. Both the upper and main level units feature a spacious 2-bedroom, 1-bathroom layout with wood burning fireplace, original hardwood floors, ornate woodwork and neutral palate throughout. The main level unit also includes a private, secure office space and additional 3/4 bath in the basement. The shared basement amenities include individual storage units for each unit, common storage area, and a dedicated laundry room with washer, dryer and sink. Outside, the property impresses with a wonderfully landscaped yard, an expansive paver patio including a screened in space. All perfect for entertaining. A convenient 2-car garage completes this outstanding investment opportunity. Boilers certified 2025! An absolute must-see!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $550,000
    Price per sq ft: $208
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1925
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55408
    Neighborhood/Area: Lyndale
    Subdivision Name: Park Add

    Interior

    Finished Area: 2,642 ft2
    Living Area: 2,642 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Block
    • Full
    • Partially Finished
    • Shared Access
    • Storage Space
    • Storage/Locker

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 342 ft2
    Foundation Size: 1,231 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • Detached
    • Garage Door Opener
    Shared Amenities:
    • Laundry
    • Patio
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.15
    Geolocation: 44.938849, -93.281878
    Lot Dimensions: 40 x 167

    Schools

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

    Expenses

    Annual Caretaker Expense: $1,500
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,898
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: $917
    Annual Water/Sewer Expense: $1,131
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,353
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $8,353

    Income

    Annual Gross Income: $42,600

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Select Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.