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Pending
$535,000
/mo Edit
Multi-family:  Duplex Side by Side
6 br • 3 ba • Built 1962
2,508 sqft • 0.12 acres
Minneapolis schools
MLS# 7090615
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    Property Description

    *highest and best offers please Saturday, 6/20/26 4PM* Fully remodeled mid-century side-by-side duplex in a prime Northeast Minneapolis location! Each unit features a functional 3-bedroom layout with 2 bedrooms on the main level and 1 bedroom in the lower level, an attached tuck-under garage, in-unit washer and dryer, and separate utilities, including individual furnaces, central A/C systems, and water heaters. One unit also offers a convenient lower-level 3/4 bath. Beautifully updated kitchens showcase butcher block countertops, stainless steel appliances, and modern finishes. Remodeled baths, updated flooring, and quality craftsmanship throughout create a true turnkey opportunity for an owner-occupant or investor. Most major improvements were completed in 2019 and 2020, including new kitchens, appliances, bathrooms, flooring, front and side entry doors, storm doors, gutters, central air conditioning added to both units, and a new furnace and water heater in Unit 2801. Additional recent improvements include nine newer windows and a new deck. Conveniently located within walking distance of bus lines, neighborhood shops, restaurants, and other local amenities. Separate utilities and laundry for each unit simplify management while the extensive updates make this a low-maintenance investment opportunity. Perfect for an owner-occupant or investor seeking a move-in-ready duplex in a desirable Northeast Minneapolis location. Quick close possible!

    Listing

    Contingency: None
    Price per sq ft: $213
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55418
    Neighborhood/Area: 2
    Subdivision Name: Bicknells Add

    Interior

    Living Area: 2,508 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Egress Window(s)
    • Full
    • Partially Finished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 480 ft2
    Foundation Size: 1,708 ft2
    Fencing: Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Road Frontage: City Street
    Roof Details: Architectural Shingle

    Rooms

    Laundry:
    • In Basement
    • Laundry Room

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.12
    Geolocation: 45.01876, -93.238146
    Lot Dimensions: 78 x 67
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,800
    Annual Maintenance Expense: $792
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $1,200
    Tenant Expenses: Broadband, Cable TV, Electricity, Fuel, Gas, Heat, Lawn Care, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,894
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,310

    Income

    Annual Gross Income: $52,800

    Rent

    Annual Net Income: $46,016

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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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 Grand Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.