For Sale: Minneapolis MLS# 6793164
Active Contingent
NEW!
$499,900
Multi-family: Duplex Side by Side
4 br • 2 ba • Built 1941
2,383 sqft • 0.15 acres
MLS# 6793164
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
This one of a kind side by side duplex is the house hack you've been waiting for - each unit lives like a standalone single family home with three full levels of private living, in-unit washer/dryer, and primary bedrooms with walk-in closets.
The hard work is already done. Following a 2010 fire, the property was taken down to the studs and rebuilt with all new plumbing, electrical, roofing, siding, windows, kitchens, bathrooms, and furnace. The current owners kept the momentum going, finishing the basement in the 5801 unit and upgrading finishes throughout.
What you're getting is the rare combination of a turnkey investment and a home you or your tenants will love living in - walkable, quiet, and move-in ready with the major capital expenses already behind you. The 5803 side is occupied by an excellent long-term tenant, and the 5801 lease turns over in August.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$499,900
Price per sq ft:
$210
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1941
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55419
Neighborhood/Area:
86
Subdivision Name:
Tingdale Bros Kesler Park
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,383 ft2
Living Area:
2,383 ft2
Refrigerators:
Two
Basement Details:
- Block
- Finished
- Partially Finished
- Single Tenant Access
- Walkout
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
20x24
Garage Size:
480 ft2
Foundation Size:
1,000 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached Garage
Shared Amenities:
Deck
Road Frontage:
City Street
Pool:
None
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
Lower Level
Lot & Land
Acres:
0.15
Geolocation:
44.897703, -93.279025
Lot Dimensions:
50 x 128
Zoning:
Residential-Multi-Family
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
$1,920
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,400
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,979
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,979
Income
Annual Gross Income:
$47,340
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
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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!
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.