For Sale: Minneapolis MLS# 7148074
Active
NEW!
$499,900
Multi-family: Duplex Other
6 br • 3 ba • Built 1900
3,260 sqft • 0.15 acres
Minneapolis schools
MLS# 7148074
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Property Description
Fully leased brick duplex in the heart of Whittier, directly across from the Minneapolis Institute of Art and MCAD. Both units are 3 bedrooms and rented through 2027 — $4, 240/month in place, with tenants paying their own gas and electric. Solid 1900 masonry construction with the details buyers hunt for: original woodwork, hardwood floors, clawfoot tub, two fireplaces and a wide covered front porch. Updated kitchens with newer cabinets, counters and appliances, plus newer windows. The layout gives each unit far more room than a typical duplex. Unit 1 takes the front of the main level and the entire 2nd floor (3BR/1BA, approx. 2, 000 sf). Unit 2 has its own rear entrance, the back of the main level and the entire 3rd floor (3BR/2BA). Boiler heat, full unfinished basement with common laundry and abundant storage, and a 2-car detached garage. 3, 260 finished sq ft on a 50x128 lot. Minutes to Eat Street, downtown and I-35W. Potential to add a third unit in the basement — concept sketch available, not city-approved. Buyers to verify all measurements.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$499,900
Price per sq ft:
$153
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Other
Zip Code:
55404
Neighborhood/Area:
84
Subdivision Name:
Geo Galpins Add
Interior
Bedrooms:
6
Bathrooms:
3
Finished Area:
3,260 ft2
Living Area:
3,260 ft2
Basement Details:
- Storage Space
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
2
Garage Dimensions:
20x20
Garage Size:
400 ft2
Foundation Size:
1,740 ft2
Handicap Accessible:
None
Heating System:
Boiler
Shared Amenities:
Laundry
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.15
Geolocation:
44.955862, -93.272398
Lot Dimensions:
50 x 128
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
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$8,970
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
None
Income
Annual Gross Income:
$50,147
Rent
Annual Net Income:
$32,917
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!
Listing provided by RMLS,
courtesy of Twin Cities Leasing LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.