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Active Contingent
$525,000
/mo Edit
Multi-family:  Duplex Side by Side
5 br • 2 ba • Built 1947
2,400 sqft • 0.16 acres
St. Louis Park schools
MLS# 7117146
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    Property Description

    Exceptional investment opportunity in the highly sought-after Minikahda Vista neighborhood! This fully rented side-by-side duplex offers a rare opportunity to own a well-maintained property in one of the Twin Cities’ most desirable rental markets. Ideally located just moments from Bde Maka Ska, parks, restaurants, shopping, and miles of walking and biking trails, this property combines timeless character with an unbeatable location. Built with enduring quality, this stately full-brick Georgian Colonial features two spacious two-story units, each with private entrances and its own full basement, providing added privacy and storage. The interiors showcase beautiful oak hardwood floors, updated kitchens, and designer-inspired finishes with warmth, color, and personality throughout. A newer 20’ x 22’ detached double garage adds convenience and value, while the classic brick exterior delivers exceptional curb appeal and low-maintenance ownership. Conveniently located just minutes from Highway 100, I-394, Highway 7, and downtown Minneapolis, this property offers easy commuting while remaining close to shopping, dining, parks, and recreation. Nearby highly regarded schools and the vibrant amenities of both Saint Louis Park and Minneapolis further enhance its appeal, making this an outstanding long-term investment in an exceptional location.

    Listing

    Contingency: Inspection
    Price per sq ft: $219
    City: Saint Louis Park
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55416
    Subdivision Name: Minikahda Terrace 2nd Add

    Interior

    Living Area: 2,400 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Finished
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 460 ft2
    Foundation Size: 988 ft2
    Fencing: Partial
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    • Garage Door Opener
    • Shared Driveway
    Shared Amenities: Deck
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.16
    Geolocation: 44.93572, -93.333743
    Lot Dimensions: 50 x 135
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description:
    • Irregular Lot
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

    School District: 283
    District Phone: 9529286000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $1,743
    Annual Insurance Expense: $2,708
    Annual Maintenance Expense: $1,200
    Annual Trash Expense: $650
    Annual Water/Sewer Expense: $1,000
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $10,547
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $10,547

    Income

    Annual Gross Income: $42,120

    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!

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