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For Sale:  Minneapolis MLS# 7062304

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Active Contingent NEW!
$425,000
/mo Edit
Multi-family:  Duplex Side by Side
4 br • 2 ba • Built 1945
1,656 sqft • 0.13 acres
Minneapolis schools
MLS# 7062304
763-576-8286
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    Property Description

    Charming side by side duplex in amazing location with nicely updated kitchens, newer vinyl windows, coved ceilings and some hardwood floors. There is plenty of room for expansion in the unfinished basement. (Was previously listed as having finished space in the basement.) There is a two-car garage (leans) and off-street parking. This is paradise for people that want to walk or bike to golfing, lakes, coffee, ice cream, grocery store and restaurants. This place is move in and enjoy ready. Unit 4625 is on a month to month lease and unit 4627 has a lease that expires on 12/31/26.

    Listing

    Listing Status: Active Contingent
    Contingency: Inspection
    List Price: $425,000
    Price per sq ft: $257
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1945
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55407
    Neighborhood/Area: 25
    Subdivision Name: Auditors Sub 290

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,656 ft2
    Living Area: 1,656 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 20x20
    Garage Size: 400 ft2
    Foundation Size: 1,656 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached Garage
    • Garage Door Opener
    Road Frontage: City Street
    Roof Details: Asphalt

    Rooms

    Laundry: In Basement

    Lot & Land

    Acres: 0.13
    Geolocation: 44.918937, -93.246916
    Lot Dimensions: 47 x 122

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: $1,200
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,124
    Annual Maintenance Expense: $350
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,340
    Tenant Expenses: Electricity, Gas, Heat

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,583
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,583

    Income

    Annual Gross Income: $40,800
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $34,786

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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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 Sandy Green Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.