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For Sale:  Minneapolis MLS# 7112551

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Active
$424,900
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1900
2,238 sqft • 0.12 acres
Minneapolis schools
MLS# 7112551
763-576-8286
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    Property Description

    This well-maintained duplex is located in the heart of the Whittier and Uptown communities on a leafy, well-kept block. the Property is close to public transportation, restaurants, and retail establishments. The front port was completely rebuilt in early 2021. Hardwood floors are located throughout both units. The upper level has a three-season sunroom in the rear and three-season porch in the front. The lower unit has a three-season sunroom in the rear and open porch in the front. The forced air furnace for the upper unit and hot water boiler for the lower unit are both higher-efficiency and installed four years ago. The central air in the lower unit and the mini-split cooling unit were both installed in summer 2021. This duplex also offers off-street parking and vinyl thermal pane energy-efficient windows. The roof and gutters were installed in December 2023. this is a very strong renal location. The current longtime owner has not had a vacancy in either unit for decades. This property would be excellent for an investment or owner-occupant situation.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $424,900
    Price per sq ft: $190
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55408
    Neighborhood/Area: 84
    Subdivision Name: Menages 3rd Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 2,238 ft2
    Living Area: 2,238 ft2
    Basement Details:
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,313 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Ductless Mini-Split
    • Forced Air
    Parking Features: On-Street Parking Only
    Shared Amenities:
    • Laundry
    • Porch

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.12
    Geolocation: 44.952588, -93.285149
    Lot Dimensions: 38 x 134
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $3,604
    Annual Insurance Expense: $3,154
    Annual Maintenance Expense: $1,160
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,311
    Tenant Expenses: Cable TV, Electricity, Fuel, Heat, Hot Water, Telephone

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,962
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,962

    Income

    Annual Gross Income: $35,280

    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 Entheos Commercial Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.