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Active NEW!
$359,900
/mo Edit
Multi-family:  Duplex Side by Side
4 br • 2 ba • Built 1963
1,480 sqft • 0.163 acres
Columbia Heights schools
MLS# 7073754
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    Property Description

    Excellent investment opportunity featuring a well-maintained side-by-side duplex, with each unit offering 2 bedrooms, 1 full bath, a spacious living room, and a large unfinished basement with excellent potential for added living space or storage. Ample off-street parking is available via the extended driveway. Unit 4028 is currently leased at $1, 375/month with the tenant responsible for all utilities, while Unit 4030 is vacant and ready for an owner-occupant or new tenant. Perfect for investors looking to expand their portfolio or buyers seeking an owner-occupied income property. Note: Units and basement areas are fully separate, with only one shared interior stairway access. Don’t miss this versatile income-producing opportunity!

    Listing

    Contingency: None
    Price per sq ft: $243
    City: Columbia Heights
    County: Anoka
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55421
    Subdivision Name: Aud Sub Waltons Sunny Ac 4th

    Interior

    Living Area: 1,480 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 0
    Foundation Size: 1,480 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Asphalt
    Shared Amenities: None

    Rooms

    Shared Rooms: Other
    Laundry:
    • In Basement
    • Lower Level

    Lot & Land

    Acres: 0.163
    Geolocation: 45.041991, -93.231309
    Lot Dimensions: 0

    Schools

    School District: 13
    District Phone: 7635284500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,600
    Annual Maintenance Expense: $150
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,400
    Tenant Expenses: Electricity, Gas, Lawn Care, Trash Collection

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,718
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,718

    Income

    Annual Gross Income: $33,240
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $28,623

    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!

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    Listing provided by RMLS, courtesy of Tradewind Properties.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.