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For Sale:  Minneapolis MLS# 7035467

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Active NEW!
$525,000
/mo Edit
Multi-family:  Duplex Up and Down
7 br • 3 ba • Built 1900
3,452 sqft • 0.1 acres
MLS# 7035467
763-576-8286
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    Property Description

    Well, you are not going to believe this one! Pristine 7 bedroom 3 bathroom duplex with an attached 2 car garage. Doted on by the same owners for nearly 30 years. Though not owner-occupied, the owners treated it better than most folks do with their own homes. From stripping the formally painted original woodwork to repairing the chimney in March of 2026, every surface has been beautifully maintained. Windows, electrical, plumbing, bathrooms & kitchens have all been updated. The attached garage (with skylights) was built in 1997. Situated on a corner lot, there is plenty of on-street parking too. Two new boilers in 2024. The roof & siding were all new in 2023. Front open porches, back enclosed porches, more skylights, built-in buffets, exposed brick, antique hardware, 10 foot ceilings, many newer appliances, large closets, gorgeous hardwood floors (even in the kitchens), classy window treatments, fantastic basement storage with insulated ceilings . . . the list goes on and on and on. Great opportunity for an owner-occupant with nothing needing to be done for years to come! !

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $525,000
    Price per sq ft: $152
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55408
    Neighborhood/Area: 48
    Subdivision Name: Bakers 2nd Add

    Interior

    Bedrooms: 7
    Bathrooms: 3
    Finished Area: 3,452 ft2
    Living Area: 3,452 ft2
    Basement Details:
    • Full
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 24 x 24
    Garage Size: 576 ft2
    Foundation Size: 1,350 ft2
    Foundation Dimensions: 50 x 27
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features: Attached Garage
    Shared Amenities:
    • Laundry
    • Porch
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle

    Rooms

    Laundry:
    • Common Area
    • Laundry Room
    • Lower Level

    Lot & Land

    Acres: 0.1
    Geolocation: 44.944802, -93.277004
    Lot Dimensions: 37 x 124
    Zoning: Residential-Multi-Family

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,881
    Annual Maintenance Expense: $1,200
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $1,700
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,522
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,522

    Income

    Annual Gross Income: $46,800
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $31,705

    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.