Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  Minneapolis MLS# 6793270

My notes for this property


Add listing to my favorites (required)
Active
$269,900
/mo Edit
Multi-family:  Duplex Side by Side
Built 1963
1,620 sqft • 0.15 acres
Minneapolis schools
MLS# 6793270
763-576-8286
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Great Investment Opportunity – Side-by-Side Duplex! This great 1963 duplex is located on a quiet street just minutes from downtown, offering both convenience & charm. Each unit spans three levels & features 2BR/1BA. Hard to find in today’s market, this property is ideal for investors seeking reliable cash flow or for an owner-occupant looking to offset their mortgage with rental income. Each unit has been updated with modern kitchens & baths, newer appliances, & new front doors. Separate utilities & individual laundry rooms add convenience, while the lower levels provide extra space for storage or potential expansion. The property also includes a 2 car garage, 2011 roof, and window A/C. It is fully rented w/month-to-month tenants, making it a seamless transition for the next owner. With a Tier 1 rental license already in place & a strong rental history, this is a rare opportunity to own a well-maintained duplex. A 24-hour notice is required for all showings.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $269,900
    Price per sq ft: $167
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1963
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55412
    Neighborhood/Area: McKinley
    Subdivision Name: Bakers 4th Add

    Interior

    Finished Area: 1,620 ft2
    Living Area: 1,620 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Foundation Size: 1,620 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Metal Siding

    Lot & Land

    Acres: 0.15
    Geolocation: 45.013901, -93.286045
    Lot Dimensions: 40 x 157
    Zoning: Residential-Multi-Family

    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: $1,500
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $6,500
    Annual Trash Expense: $800
    Annual Water/Sewer Expense: $2,200
    Tenant Expenses: Electricity, Gas, Snow Removal

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,149
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,149

    Income

    Annual Gross Income: $40,200

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System:
    • City Sewer - In Street
    • City Sewer/Connected
    Water System:
    • City Water - In Street
    • City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.