For Sale: Minneapolis MLS# 6797212
Active
NEW!
$450,000
Multi-family: 2 Stories
Built 1900
2,042 sqft • 0.11 acres
Minneapolis schools
MLS# 6797212
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Property Description
Fantastic investment opportunity! This well-maintained Fourplex offers a blend of modern updates and long-term value. Unit #3 has been fully remodeled, and brand-new HVAC systems were added to Units #1 and #2. The property also features recently installed solar panels, providing energy efficiency and reduced utility costs. Each unit is thoughtfully designed with comfortable living spaces and practical layouts. Located close to schools, shopping, and transit, this property is ideal for an owner-occupant or as a strong addition to your rental portfolio. Don’t miss your chance to own a turnkey property with valuable upgrades.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Price per sq ft:
$220
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
2 Stories
Zip Code:
55408
Neighborhood/Area:
Whittier
Interior
Finished Area:
2,042 ft2
Living Area:
2,042 ft2
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Basement Details:
Partial
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,002 ft2
Fencing:
Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Other
Parking Features:
Open
Shared Amenities:
Common Garden
Road Frontage:
City Street
Exterior Material:
Stucco
Lot & Land
Acres:
0.11
Geolocation:
44.9534737772, -93.2871334487
Lot Dimensions:
42.43 X 118.57
Lot Description:
- Many Trees
- Public Transit (w/in 6 blks)
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$100
Annual Fuel Expense:
$1,327
Annual Insurance Expense:
$5,685
Annual Maintenance Expense:
None
Annual Gross Expense:
$33,131
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$3,547
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,198
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,198
Income
Annual Gross Income:
$43,767
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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 Compass.
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.