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For Sale:  Minneapolis MLS# 7140761

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Active NEW!
$599,000
/mo Edit
Multi-family:  Duplex Up and Down
8 br • 3 ba • Built 1900
2,922 sqft
Minneapolis schools
MLS# 7140761
763-576-8286
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    Property Description

    Don't miss this income-producing duplex opportunity in the heart of the historic Marcy-Holmes neighborhood with an ability to convert it into a triplex. Conveniently located near the University of Minnesota, Dinkytown, and Northeast Minneapolis, this classic up-and-down multifamily property offers 2 units with functional layouts, spacious common areas, and abundant natural light. The flexible configuration supports a variety of rental strategies while providing strong long-term income potential. Outside, the property features a large backyard, generous off-street parking, and additional outdoor space—valuable amenities in this central Minneapolis location. Residents can enjoy convenient access to neighborhood shops, restaurants, parks, trails, public transportation, and major highways. Whether you are expanding an investment portfolio or searching for an owner-occupied multifamily property with rental-income possibilities, this property combines space, flexibility, and proximity to some of Minneapolis’ most popular destinations. Schedule a showing today!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $599,000
    Price per sq ft: $205
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55414
    Neighborhood/Area: 50

    Interior

    Bedrooms: 8
    Bathrooms: 3
    Finished Area: 2,922 ft2
    Living Area: 2,922 ft2
    Basement Details: Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 1,086 ft2
    Handicap Accessible: None
    Heating System: Hot Water
    Parking Features: None

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0
    Geolocation: 44.9841795612, -93.2433249238
    Lot Dimensions: 45X132
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $10,487
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,487

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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