For Sale: Minneapolis MLS# 7062786
Active
$375,000
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1900
1,815 sqft • 0.1 acres
Minneapolis schools
MLS# 7062786
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Property Description
Set in the heart of Logan Park, this classic up/down NE Minneapolis duplex offers two well-laid-out 2-bedroom, 1-bathroom units with separate entries and the kind of flexibility today's buyers are looking for — strong in-place tenants for investors, or a clear path to owner-occupy with rental income on the other side and sweat equity potential with any future cosmetic updates. Each unit features a full kitchen, comfortable living room, two bedrooms, and a full bath. Separately metered gas and electric on both units make for clean operating costs. Shared basement laundry, a detached 2-stall garage, and additional off-street parking round out the package. Tucked into one of Northeast's most walkable pockets, you're minutes from Indeed Brewing, Dangerous Man, Eastside neighborhood favorites, the Mississippi riverfront, and the parks and trails that define the area. A solid duplex in a neighborhood that keeps getting better.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$375,000
Price per sq ft:
$207
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55418
Neighborhood/Area:
43
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,815 ft2
Living Area:
1,815 ft2
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
20x16
Garage Size:
320 ft2
Garage Door Height:
7
Foundation Size:
925 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached Garage
Shared Amenities:
None
Road Frontage:
- City Street
- Paved Streets
Pool:
None
Roof Details:
- Age Over 8 Years
- Pitched
Rooms
Laundry:
In Basement
Lot & Land
Acres:
0.1
Geolocation:
45.006713, -93.248132
Lot Dimensions:
52 x 85
Zoning:
Residential-Multi-Family
Lot Description:
Irregular Lot
Schools
School District:
1
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:
$4,423
Tenant Expenses:
Electricity, Fuel
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,365
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,365
Income
Annual Gross Income:
$32,340
Rent
Annual Net Income:
$16,015
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 RE/MAX Results.
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.