For Sale: Minneapolis MLS# 6748381
Active
NEW!
$524,900
Multi-family: Duplex Side by Side
Built 1928
1,880 sqft • 0.13 acres
Minneapolis schools
MLS# 6748381
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Property Description
Meticulously maintained duplex on a sunny corner lot with strong rental appeal and valuable updates throughout. Each unit features separate gas, electric, furnace, A/C, and water heater—ideal for minimizing overhead and simplifying management. Recent improvements include brand-new stainless steel appliances in both units, updated kitchen and dining area in Unit 1, and new in-unit washer/dryer in Unit 2. Hardwood floors, cove moldings, and natural woodwork add timeless charm. Unit 1 includes a large finished attic—perfect as a bonus living area or storage. Lower level offers additional secured storage for tenant use. Located just minutes from MSP Airport and Mall of America with easy access to public transit, shops, and restaurants. Turnkey property with excellent long-term potential—live in one unit or rent both for immediate income!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$524,900
Price per sq ft:
$279
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1928
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55417
Neighborhood/Area:
Morris Park
Subdivision Name:
Morris Park 2nd Add
Interior
Finished Area:
1,880 ft2
Living Area:
1,880 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Drain Tiled
- Partially Finished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
480 ft2
Foundation Size:
1,136 ft2
Fencing:
Full
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached
Road Frontage:
City Street
Exterior Material:
Stucco
Lot & Land
Acres:
0.13
Geolocation:
44.901895, -93.220014
Lot Dimensions:
40 x 128
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$600
Annual Fuel Expense:
$240
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$960
Annual Trash Expense:
$780
Annual Water/Sewer Expense:
$780
Tenant Expenses:
Electricity, Gas, Trash Collection
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,039
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,039
Income
Annual Gross Income:
$44,400
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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Listing provided by RMLS,
courtesy of eXp Realty.
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.