For Sale: Minneapolis MLS# 6771876
Active
NEW!
$389,000
Multi-family: Duplex Up and Down
Built 1888
1,762 sqft • 0.19 acres
Minneapolis schools
MLS# 6771876
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Property Description
Welcome to your new home in NE mpls.
This well-maintained duplex offers a fantastic opportunity to grow your rental portfolio or live in one unit while offsetting your mortgage by renting out the other.
The upper unit is vacant and move-in ready, Est rent is $1450 /month while the lower unit is currently rented month-to-month at $1, 650/month.
Recent updates include new carpet and fresh paint. The property features a huge fenced-in backyard—perfect for pets or outdoor enjoyment.
Don’t miss this chance to invest in a versatile and income-generating property!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$389,000
Price per sq ft:
$221
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1888
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55418
Neighborhood/Area:
Holland
Subdivision Name:
Menages Sup To East Side Add
Interior
Finished Area:
1,762 ft2
Living Area:
1,762 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Crawl Space
- Partial
- Shared Access
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,007 ft2
Foundation Dimensions:
0
Fencing:
Chain Link
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Driveway - Other Surface
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.19
Geolocation:
45.01625, -93.249627
Lot Dimensions:
46 x 182
Zoning:
Residential-Multi-Family
Lot Description:
Some Trees
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,360
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,360
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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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 Side by Side Realty 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.