For Sale: Minneapolis MLS# 7066515
Active
NEW!
$399,900
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1905
1,585 sqft • 0.12 acres
Minneapolis schools
MLS# 7066515
Open Houses
11a - 1p
11a - 1p
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Property Description
Nestled on a mature tree-lined street in Whittier, this 1905 up/down duplex sits moments from Lake of the Isles, the Walker Art Center, The Wedge Co-op, Spyhouse Coffee, and The Leaning Tower of Pizza. The kind of charm you can't fake, and a location with perks.
With tenants moving out at the end of June, this is the perfect opportunity for an owner-occupant just getting in the game, someone wanting to offset their mortgage, or an investor ready to add a turnkey duplex to their portfolio.
Here's what makes it easy: separate boilers, separate electric, separate hot water heaters. Tenants pay their own gas and electric. You handle water, sewer, and trash. Sewer line recently cleaned and in good condition. Off-street parking, fenced yard, shared laundry in the basement.
Live in one, rent the other. Rent both and let it pay for itself. House hack your way into something you actually own. However you use it, the math works and the options are real.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$399,900
Price per sq ft:
$252
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1905
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55405
Neighborhood/Area:
84
Subdivision Name:
Badger & Penneys 2nd Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,585 ft2
Living Area:
1,585 ft2
Refrigerators:
Two
Basement Details:
- Daylight/Lookout Windows
- Full
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
772 ft2
Foundation Dimensions:
24 x 28 20 x 5
Fencing:
Full, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Hot Water
Parking Features:
Gravel
Shared Amenities:
- Laundry
- Patio
- Porch
Road Frontage:
City Street
Roof Details:
- Age 8 Years or Less
- Asphalt
Rooms
Shared Rooms:
Other
Laundry:
- Common Area
- In Basement
Lot & Land
Acres:
0.12
Geolocation:
44.959786, -93.286394
Lot Dimensions:
128 x 40
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,234
Annual Maintenance Expense:
$1,000
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,643
Tenant Expenses:
Broadband, Electricity, Fuel, Gas, Insurance
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,345
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,633
Income
Annual Gross Income:
$30,800
Rent
Annual Net Income:
$24,423
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
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 Keller Williams Realty Integrity Lakes.
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.