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Active NEW!
$384,900
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1900
1,573 sqft • 0.115 acres
Minneapolis schools
MLS# 7084468
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    Property Description

    Turnkey duplex in sought after SE Mpls with original HW floors and thoughtful updates throughout! Updates include: Remodeled kitchens, with new cabinets (on main), tile backsplashes and quartz counters. Additional updates include mini-splits for AC with thermostat control (2018) and new water heaters and furnace in 2019. This duplex also has a newer 2 car garage with additional parking pad adjacent to garage off the alley. Most windows have been updated somewhat recently to new vinyl non-maintenance windows. Both units have many updates and 2 beds with 1 bath. Clean and updated with long term tenants with upstairs lease ending just in time for an owner occupier buyer. Shared laundry in basement.

    Listing

    Contingency: None
    Price per sq ft: $245
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55414
    Neighborhood/Area: 14
    Green Certified: Certified

    Interior

    Living Area: 1,573 ft2
    Refrigerators: Two
    Basement Details:
    • Partial
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 24x24
    Garage Size: 200 ft2
    Foundation Size: 880 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Ductless Mini-Split
    • Forced Air
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street

    Rooms

    Laundry: Lower Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.115
    Geolocation: 44.9907905245, -93.2349495882
    Lot Dimensions: 40 x 125
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $2,468
    Annual Insurance Expense: $2,083
    Annual Maintenance Expense: $300
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,825
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,998
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,998

    Income

    Annual Gross Income: $34,950
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $28,579

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