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For Sale:  Minneapolis MLS# 6807404






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Active Contingent
$399,900
/mo Edit
Multi-family:  Duplex Side by Side
Built 1942
1,844 sqft • 0.12 acres
Minneapolis schools
MLS# 6807404
763-576-8286
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    Property Description

    Two units, just three blocks south of Lake Harriet and one block north of Minnehaha Creek. Prime location with excellent walkability and effortless access to parks, trails, shopping, and more. Each unit features one bedroom and one bathroom, and 1-car garage. Additional off-street parking. Living room flows into dining area. Hardwood floors throughout. The bedroom and bathroom are tucked towards the back of each unit. Mudroom hallway off back door entrance. Both units include a non-conforming bedroom or office in the lower level. Potential for expansion, as each basement is plumbed to add a second bathroom. Separate laundry areas and unfinished storage. Recent updates include a furnaces replaced in 2009 and newer refrigerators in both units. Whether you're an owner-occupant or an investor looking to continue renting both units, this duplex offers an outstanding opportunity in a vibrant, walkable community with unbeatable access to Minneapolis’s natural and urban attractions.

    Listing

    Listing Status: Active Contingent
    Contingency: Inspection
    List Price: $399,900
    Price per sq ft: $217
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1942
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55419
    Neighborhood/Area: Fulton
    Subdivision Name: Reeve Park 3rd Div

    Interior

    Finished Area: 1,844 ft2
    Living Area: 1,844 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Partially Finished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 20x20
    Garage Size: 400 ft2
    Foundation Size: 1,448 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System: Forced Air
    Exterior Material:
    • Brick/Stone
    • Stucco

    Lot & Land

    Acres: 0.12
    Geolocation: 44.90987, -93.309049
    Lot Dimensions: 40 x 126
    Zoning: Residential-Multi-Family
    Lot Description: Many Trees

    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, Gas, Other

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,326
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,600

    Income

    Annual Gross Income: $31,320

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.