For Sale: Minneapolis MLS# 6808254












































Active Contingent
NEW!
$545,000
Multi-family: Duplex Up and Down
Built 1914
2,674 sqft • 0.14 acres
Minneapolis schools
MLS# 6808254
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Property Description
Classic up and down duplex in Prospect Park. Lower unit has four bedrooms, one full bathroom and one 3/4 bathroom, freshly updated kitchen with granite countertops and stainless steel appliances, central heating and air conditioning, and is ready to be used by the new owner or new tenants. Upper unit has three bedrooms with one full bathroom and kitchen with granite countertops, central heating and air conditioning, and is occupied by long term tenants. Each unit has a designated washing machine and dryer in the laundry room. Owner pays for taxes and insurance, tenants share garbage, water and sewer expenses and are responsible for electricity and gas (each unit is metered separately). Property has two garages that are built on top of each other. The lower garage is rented to the upper unit and is accessible from the alley, the upper garage is accessible from the street via the driveway and has been traditionally used by the tenants of the lower unit in exchange for snow and lawn care. Both units share the backyard with deck and fire pit. The property has access to Chergosky Park, located across the back alley.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$545,000
Price per sq ft:
$204
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1914
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55414
Neighborhood/Area:
Prospect Park - East River Road
Interior
Finished Area:
2,674 ft2
Living Area:
2,674 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Full
- Shared Access
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
430 ft2
Foundation Size:
1,066 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
Detached
Shared Amenities:
- Common Garden
- Deck
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Stucco
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.14
Geolocation:
44.962288, -93.211577
Lot Dimensions:
50X125
Zoning:
Residential-Multi-Family
Lot Description:
- Many Trees
- Public Transit (w/in 6 blks)
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:
$5,520
Annual Maintenance Expense:
$500
Annual Gross Expense:
$15,312
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Electricity, Fuel
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$9,757
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,757
Income
Annual Gross Income:
$50,153
Units
Total Units:
2
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 Real Estate Corners, Inc.
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.


