For Sale: Andover MLS# 7168870
Active
NEW!
$400,000
Multi-family: Duplex Side by Side
4 br • 2 ba • Built 1971
1,780 sqft • 0.34 acres
Anoka-Hennepin schools
MLS# 7168870
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Property Description
Rare Andover side by side duplex in blended area of single-family homes and duplexes. Terrace Park just kitty-corner across the street. Great opportunity for owner occupied plus 1 unit rental. Investor opportunity to rent out both units. Current rents of $1, 500/month per unit is likely under market rents. Each unit offers 2 bedrooms, 1 bathroom, 1 car attached garage and full basement for storage or future finishing. Vinyl windows, metal siding & 100 amp breakers in both units. Each unit has its own laundry. Each unit has new concrete front step & walkway and new rear concrete step and attached patio area. A rear border of trees/brush-cover offers great privacy. Very convenient to area shopping and restaurants and quick HWY 10 access. Both sides ductwork was cleaned in 2023. New A/C in 13566 in 2022. New vanity & stool professionally installed in 13560 in 2025 & 2026.
The rooms listed as Storage Rooms in the room dimensions sections are unfinished but walled off for quick finishing if you wish for added square footage. These measurements were done on 13566 side. 13560 LL measurements may vary. Buyer to verify all measurements and any city or state regulations for finishing these areas.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$400,000
Price per sq ft:
$225
Property Type:
Multi-family
City:
Andover
Garage Spaces:
2
County:
Anoka
Year Built:
1971
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55304
Subdivision Name:
Chapmans 4th Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,780 ft2
Living Area:
1,780 ft2
Refrigerators:
Two
Basement Details:
- Block
- Full
- Unfinished
Exterior
Stories:
One
Garage Spaces:
2
Garage Size:
764 ft2
Foundation Size:
1,780 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Concrete
- Garage Door Opener
Shared Amenities:
None
Road Frontage:
City Street
Pool:
None
Roof Details:
- Asphalt
- Pitched
Rooms
Laundry:
- Gas Dryer Hookup
- In Basement
- In Unit
- Sink
- Washer Hookup
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.34
Geolocation:
45.216797, -93.353355
Lot Dimensions:
150 x 100 x 150 x 100
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Tree Coverage - Light
Schools
School District:
11
District Phone:
7635061000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$180
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,382
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$600
Tenant Expenses:
All Utilities, Cable TV, Electricity, Gas, Telephone, Trash Collection
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,775
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,775
Income
Annual Gross Income:
$36,000
Units
Total Units:
2
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
- Private
- Well
Power Company Name:
Connexus Energy
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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.
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Listing provided by RMLS,
courtesy of Edina Realty, Inc..
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.