For Sale: Minneapolis MLS# 6806237
Active
$299,000
Multi-family: Duplex Up and Down
Built 1900
2,034 sqft • 0.12 acres
Minneapolis schools
MLS# 6806237
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Property Description
Perfect for investors or owner-occupants! This 6BR/2BA duplex features long-term tenants on
month-to-month leases, offering steady income and flexibility. Each unit includes its own washer and
dryer, and tenants are aware of rent adjustments to align with current market values. The lower level
unit has access to the unfinished basement. This is a versatile opportunity to live in one unit or expand
your investment portfolio!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$299,000
Price per sq ft:
$147
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55407
Neighborhood/Area:
East Phillips
Subdivision Name:
Abbotts Add
Interior
Finished Area:
2,034 ft2
Living Area:
2,034 ft2
Refrigerators:
One Per Unit
Basement Details:
- Full
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
973 ft2
Fencing:
Wood
Handicap Accessible:
Soaking Tub
Heating System:
Forced Air
Exterior Material:
Metal Siding
Lot & Land
Acres:
0.12
Geolocation:
44.952341, -93.251552
Lot Dimensions:
41 x 123
Zoning:
Residential-Multi-Family
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:
$1,000
Annual Gross Expense:
$1,000
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,800
Tenant Expenses:
Cable TV, Electricity, Gas, Grounds Care, Repairs
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,653
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$5,848
Income
Annual Gross Income:
$27,120
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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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 LPT Realty, LLC.
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.