For Sale: Minneapolis MLS# 7059135
Active
NEW!
$385,000
Multi-family: Duplex Up and Down
3 br • 2 ba • Built 1900
1,721 sqft • 0.15 acres
Minneapolis schools
MLS# 7059135
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Property Description
City living with an incredible amount of outdoor space! This distinctive duplex offers a rare combination of location, flexibility, and room to spread out—positioned alongside a city-maintained green space and featuring an expansive backyard made for entertaining, lawn games, gardening, or evenings around the newer firepit.
Both residences offer inviting, sun-filled spaces with hardwood floors, neutral finishes, generous bedrooms, private entrances, separate utilities and their own laundry! Both the main- and upper-level kitchens were beautifully updated in 2019/2020 with granite countertops, stainless steel appliances, tile backsplashes, recessed lighting, and quality cabinetry. Major exterior improvements include a new roof in 2022, along with updated siding, fascia, soffits, gutters, and front porch.
The duplex layout creates exceptional versatility—live in one residence while generating income from the other, accommodate extended family, or add a well-located investment property to your portfolio.
And the location delivers: situated on a bus line, just two short blocks to light rail and approximately three blocks from Lake Street, putting restaurants, shopping, coffee, entertainment, and everyday conveniences within easy reach. Step off the front porch and you’re just steps from Wildflyer Coffee
A well-loved property with substantial updates already completed, remarkable outdoor space, and the flexibility to make it work for the way you want to live or invest.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$385,000
Price per sq ft:
$224
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55406
Neighborhood/Area:
44
Subdivision Name:
Rollins 2nd Add
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,721 ft2
Living Area:
1,721 ft2
Refrigerators:
Two
Basement Details:
- Block
- Partial
- Single Tenant Access
- Unfinished
Exterior
Stories:
One and One Half
Garage Spaces:
0
Foundation Size:
1,012 ft2
Foundation Dimensions:
23x44
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
- Hot Water
- Radiant
Parking Features:
- Gravel
- Open
Shared Amenities:
None
Road Frontage:
- Sidewalks
- Street Lights
Roof Details:
- Age 8 Years or Less
- Asphalt
Rooms
Laundry:
In Unit
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.15
Geolocation:
44.942901, -93.229532
Lot Dimensions:
42 x 158
Zoning:
Residential-Multi-Family
Lot Description:
- Irregular Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,676
Annual Maintenance Expense:
None
Annual Trash Expense:
$1,200
Annual Water/Sewer Expense:
$960
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,741
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$5,992
Income
Annual Gross Income:
$36,000
Rent
Annual Net Income:
$26,173
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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 Keller Williams Realty Integrity.
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.