For Sale: Minneapolis MLS# 7119446
Active
NEW!
$415,000
Multi-family: Duplex Up and Down
5 br • 2 ba • Built 1889
1,709 sqft • 0.13 acres
Minneapolis schools
MLS# 7119446
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Property Description
Large up & down duplex which is great for an owner-occupant or investor within walking distance to Powderhorn Park. Both units feature large bedrooms and lots of natural light. Recently updated with the potential to add equity by finishing the attic. 3 bedrooms/1-bath in the upper unit and 2 bedrooms/1bath on the main level. New furnace 2026, roof, siding and exterior paint new in 2021. Shared laundry in the basement. Well-maintained, convenient location and easy to rent. Easy access to downtown Minneapolis, downtown St. Paul and MSP Airport. Close to great restaurants, coffeeshops and entertainment. Don't miss out, set up a viewing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$415,000
Price per sq ft:
$243
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1889
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55407
Neighborhood/Area:
11
Subdivision Name:
Chicago Ave Add
Interior
Bedrooms:
5
Bathrooms:
2
Finished Area:
1,709 ft2
Living Area:
1,709 ft2
Refrigerators:
Two
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
24x24
Garage Size:
576 ft2
Foundation Size:
864 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached Garage
Roof Details:
Age 8 Years or Less
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.13
Geolocation:
44.939849, -93.26468
Lot Dimensions:
48 x 117
Zoning:
Residential-Multi-Family
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:
$2,600
Tenant Expenses:
Electricity, Fuel
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,243
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,243
Income
Annual Gross Income:
$36,360
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 BRIX Real Estate.
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.