For Sale: Minneapolis MLS# 7058344
Active
NEW!
$469,900
Multi-family: Duplex Side by Side
4 br • 2 ba • Built 1950
2,311 sqft • 0.13 acres
Minneapolis schools
MLS# 7058344
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Property Description
Great investment opportunity in a prime location! This side-by-side duplex is fully rented, with one unit generating $1, 600/month and the other $1, 800/month.
Each unit features 2 bedrooms and 1 bathroom, along with its own garage, offering convenience and added tenant appeal. Well-maintained and ideally situated, this property is perfect for investors looking to expand their portfolio or those seeking an owner-occupant opportunity with rental income potential.
Don’t miss your chance to own this income-producing property in a desirable area—schedule your showing today
Listing
Listing Status:
Active
Contingency:
None
List Price:
$469,900
Price per sq ft:
$203
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1950
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55417
Neighborhood/Area:
17
Subdivision Name:
Tingdale Bros Portland Way
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,311 ft2
Living Area:
2,311 ft2
Basement Details:
- Block
- Full
Exterior
Stories:
One
Garage Spaces:
2
Garage Size:
400 ft2
Foundation Size:
1,711 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
None
Lot & Land
Acres:
0.13
Geolocation:
44.893526, -93.262483
Lot Dimensions:
50 x 117
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,720
Annual Maintenance Expense:
$2,400
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,649
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,649
Income
Annual Gross Income:
$40,800
Rent
Annual Net 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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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 Bridge Realty, LLC.
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.