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For Sale:  Minneapolis MLS# 7088000

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Active
$350,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1900
1,500 sqft • 0.13 acres
Minneapolis schools
MLS# 7088000
763-576-8286
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    Property Description

    Excellent investment opportunity in the heart of Northeast Minneapolis’ vibrant Arts District! This up-and-down duplex offers strong rental potential. Each unit features 2 bedrooms, 1 full bath, and separate entrances, providing flexibility and privacy for tenants. Updated thorough out, the both units have new floors and trim, interior stairs have been painted as well! Updates also include the HVAC, Roof, & Windows. The baths, kitchens & appliances were updated. Truly turn-key! Situated at the end of a quiet cul-de-sac, the property boasts a spacious yard that borders a park, creating a unique setting rarely found in the city. Off-street parking is available via the shared driveway with access to the backyard. Enjoy a highly walkable location just steps from Northeast’s popular restaurants, breweries, galleries, and local shops, making this an attractive opportunity for both investors and owner-occupants.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $350,000
    Price per sq ft: $233
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: 33
    Subdivision Name: Wilsons Rgt Blks East Side Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,500 ft2
    Living Area: 1,500 ft2
    Basement Details:
    • Partial
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 750 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Radiant
    • Space Heater
    Road Frontage:
    • City Street
    • Cul De Sac
    • No Outlet/Dead End
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    Roof Details: Age 8 Years or Less

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.13
    Geolocation: 45.008636, -93.249738
    Lot Dimensions: 45 x 128 x 45 x 128
    Zoning: Residential-Multi-Family

    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: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,939
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,939

    Income

    Annual Gross Income: $36,000

    Units

    Total Units: 2

    Miscellaneous

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

    Mortgage Calculator

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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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.