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Active NEW!
$335,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1890
2,744 sqft • 0.09 acres
Minneapolis schools
MLS# 7088871
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    Property Description

    Enjoy an affordable investment opportunity or owner-occupied gem! This charming duplex features two spacious two-bedroom, one-bath units—perfect for those looking to live in one unit while earning rental income from the other, or an investors next cash flow property. Don’t miss this chance to secure a versatile property in a desirable location—schedule your showing today! Enjoy being moments from Powderhorn Park just blocks away!

    Listing

    Contingency: None
    Price per sq ft: $122
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55407
    Neighborhood/Area: 64
    Subdivision Name: Jennie R F Blaisdells Add

    Interior

    Living Area: 2,744 ft2
    Refrigerators: One Per Unit
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,101 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Forced Air
    • Radiator
    Parking Features:
    • Asphalt
    • Open
    Shared Amenities: Laundry
    Road Frontage: City Street
    Pool: None
    Roof Details: Age 8 Years or Less

    Rooms

    Laundry:
    • In Basement
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.09
    Geolocation: 44.937538, -93.252811
    Lot Dimensions: 32 x 122 x 32 x 122
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: $500
    Annual Electric Expense: $1,200
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,656
    Annual Maintenance Expense: $500
    Annual Trash Expense: $400
    Annual Water/Sewer Expense: $2,500
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,476
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,476

    Income

    Annual Gross Income: $32,400

    Rent

    Annual Net Income: $27,500

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    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!

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