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For Sale:  Minneapolis MLS# 7035833

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Active
$439,900
/mo Edit
Multi-family:  2 Stories
4 br • 2 ba • Built 1962
1,980 sqft • 0.1 acres
MLS# 7035833
763-576-8286
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    Property Description

    Rare opportunity in highly sought-after Northeast Minneapolis! This side-by-side duple features two 2-bedroom, 1-bath units with solid layouts and numerous updates including updated mechanicals. Well maintained and ready for its next owner, this preperty is ideal for owner-occupants or investors looking for strong rental potential. Located in a prime, highly walkable neighborhood, you're just minutes from shopping, restaurants, coffee shops, and everyday conveniences near The Quarry Shopping Center. Off-street parking adds convenience, and the side-by-side layout provides privacy and strong tenant appeal. Perfect opportunity to live in one unit and rent the other or add a desirable Northeast property to your investment portfolio. Great location, solid updates, and strong demand area - don't miss this one.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $439,900
    Price per sq ft: $222
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 1962
    State: MN
    Property Style: 2 Stories
    Zip Code: 55418
    Neighborhood/Area: 87
    Subdivision Name: Lincoln Street Sup East Side Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,980 ft2
    Living Area: 1,980 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Size: 220 ft2
    Foundation Size: 990 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached Garage
    Road Frontage: City Street
    Roof Details: Age 8 Years or Less

    Rooms

    Laundry:
    • Gas Dryer Hookup
    • In Basement
    • In Unit
    • Laundry Room
    • Lower Level

    Lot & Land

    Acres: 0.1
    Geolocation: 45.006202, -93.237749
    Lot Dimensions: 44 x 100
    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: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,409
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,409

    Income

    Annual Gross Income: None

    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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    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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.