For Sale: Minneapolis MLS# 7050460
Active
$450,000
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1922
2,444 sqft • 0.11 acres
MLS# 7050460
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Property Description
1920's Craftsman's style duplex on the edge of the Bryant-Regina neighborhood of Minneapolis. Sitting on top of a boulder landscaped corner lot, this makes an excellent opportunity for both investors and owner-occupants alike. Both units are rented, lower unit is month-to-month, upper unit lease expires August 31, 2026. Hardwood floors, natural woodwork and original built-ins. Each unit features two spacious bedrooms, one full bathroom, living room, dining room, kitchen and a screened porch off the back. Roof is 5 years old, newer boilers, newer exterior concrete driveway, walkway and stairs. Two car garage. Enjoy easy access to nearby commercial corridors like Nicollet Avenue, which offers a variety of restaurants, cafes, and shops. The neighborhood is also well-connected to the rest of the city, making commuting simple while still maintaining a peaceful, neighborhood vibe. Vacant photos taken May, 2025, prior to tenants.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Price per sq ft:
$184
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1922
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55407
Neighborhood/Area:
6
Subdivision Name:
C W Bowens Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,444 ft2
Living Area:
2,444 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
17.5x20.5
Garage Size:
358 ft2
Foundation Size:
1,222 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Radiator
Parking Features:
Detached Garage
Lot & Land
Acres:
0.11
Geolocation:
44.927111, -93.264613
Lot Dimensions:
43.10 X 116.00
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,776
Annual Maintenance Expense:
None
Annual Trash Expense:
$1,980
Annual Water/Sewer Expense:
$1,800
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$6,749
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,749
Income
Annual Gross Income:
$30,720
Misc. Annual Income:
None
Misc. Monthly Income:
None
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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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!
Listing provided by RMLS,
courtesy of Morgan And Trust Realty.
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.