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For Sale:  Minneapolis MLS# 7003474

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Active
$525,000
/mo Edit
Multi-family:  2 Stories
6 br • 4 ba • Built 1900
2,518 sqft • 0.13 acres
MLS# 7003474
763-576-8286
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    Property Description

    Well-maintained up/down duplex offering excellent flexibility for owner-occupants or investors. The main-floor unit features an open-concept layout with original hardwood floors in the living and dining rooms, high baseboards, and tall ceilings. The updated kitchen includes granite countertops, stainless steel appliances, tile backsplash, gas stove, double sink, and dishwasher. The primary bedroom offers a full, private bath with tile flooring, tile surround, and a solid-surface vanity. The upper-level unit features oak hardwood floors, abundant storage, granite countertops in the kitchen, a spacious front bedroom with walk-in closet, and in-unit washer and dryer. Both upper-level bathrooms have tile flooring, with a tile surround and solid-surface vanity in the full bath. Each unit includes three bedrooms, two bathrooms, laundry, separate utilities, and two off-street parking spaces. Additional features include a two-season front porch, a backyard with space to lounge or entertain, and room to build a 24x24 garage. Ideally located near area lakes, parks, and trails, with convenient access to downtown Minneapolis and major highways.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $525,000
    Price per sq ft: $208
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: 2 Stories
    Zip Code: 55408
    Neighborhood/Area: 70
    Subdivision Name: Remingtons 2nd Add

    Interior

    Bedrooms: 6
    Bathrooms: 4
    Finished Area: 2,518 ft2
    Living Area: 2,518 ft2
    Refrigerators: Two
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 760 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Gravity
    Parking Features:
    • Asphalt
    • Assigned
    • Open
    Shared Amenities: Porch
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material: Block
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • Gas Dryer Hookup
    • In Basement
    • Laundry Closet
    • Lower Level
    • Upper Level
    • Washer Hookup

    Lot & Land

    Acres: 0.13
    Geolocation: 44.944098, -93.292874
    Lot Dimensions: 128 x 42
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas, See Remarks, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,829
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,829

    Income

    Annual Gross Income: $53,028

    Rent

    Annual Net Income: $53,028

    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 ERA Prospera Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.