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For Sale:  Minneapolis MLS# 7142820

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Active
$265,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1900
1,691 sqft • 0.1 acres
Minneapolis schools
MLS# 7142820
763-576-8286
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    Property Description

    Whether you're looking to add to your investment portfolio or explore the possibilities of owner-occupied multifamily living, this up/down duplex offers an excellent opportunity. Currently fully occupied with tenants, making this an attractive option for investors looking for an income-producing property. Appropriate notice and applicable lease terms should be considered if future owner occupancy is desired. Featuring 4 total bedrooms and 2 bathrooms, the property consists of two units with functional layouts and separate utilities. The home offers approximately 1, 700 finished square feet, plus a full lower level with a separate entrance providing additional space and possibilities. Outside, you'll appreciate the convenient off-street parking and city location with easy access to major roadways, shopping, dining, downtown Minneapolis, and neighborhood amenities.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $265,000
    Price per sq ft: $157
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55411
    Neighborhood/Area: 31
    Subdivision Name: Woodland Park

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,691 ft2
    Living Area: 1,691 ft2
    Refrigerators: Two
    Basement Details:
    • Shared Access
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 887 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Hot Water
    Road Frontage: City Street
    Pool: None

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.1
    Geolocation: 45.004659, -93.284328
    Lot Dimensions: 65 x 64

    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: $4,012
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,012

    Income

    Annual Gross Income: $35,640

    Units

    Total Units: 2

    Miscellaneous

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

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