For Sale: Minneapolis MLS# 7149022
Active
NEW!
$350,000
Multi-family: Duplex Up and Down
5 br • 2 ba • Built 1900
1,115 sqft • 0.11 acres
Minneapolis schools
MLS# 7149022
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Property Description
Opportunity knocks in desirable Lyndale with this income-producing 2.5-story duplex offering a classic up/down layout, flexible living space, and plenty of off-street parking. The main-level 2-bedroom unit features a spacious kitchen, comfortable living room with decorative fireplace, hardwood floors, and convenient access to shared lower-level laundry and storage. Main-level photos are limited and you are encouraged to schedule a showing to see this unit in person. The expansive upper unit spans the second and third floors and offers 3 bedrooms, including a private third-level primary bedroom—or versatile flex space/office—with a walk-in closet. Bright, sun-filled spaces and classic character throughout. Outside, the property offers off-street parking for up to four vehicles. Whether you're building your investment portfolio or looking for an owner-occupant opportunity, this Lyndale duplex offers flexibility, income potential, and a location that keeps you close to the best of South Minneapolis.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$350,000
Price per sq ft:
$314
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55408
Neighborhood/Area:
48
Subdivision Name:
Motor Line Add
Interior
Bedrooms:
5
Bathrooms:
2
Finished Area:
1,115 ft2
Living Area:
1,115 ft2
Refrigerators:
One Per Unit
Basement Details:
- Shared Access
- Storage Space
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
1,050 ft2
Fencing:
Chain Link
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Asphalt
Shared Amenities:
- Coin-op Laundry Owned
- Laundry
Road Frontage:
City Street
Roof Details:
- Age Over 8 Years
- Asphalt
- Pitched
Rooms
Laundry:
- Common Area
- In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.11
Geolocation:
44.946891, -93.285202
Lot Dimensions:
35 x 129
Zoning:
Residential-Multi-Family
Farm
Topography:
Level
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,462
Annual Maintenance Expense:
None
Annual Trash Expense:
$2,000
Annual Water/Sewer Expense:
$2,820
Tenant Expenses:
Electricity, Gas, Heat, Hot Water, See Remarks
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,215
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,215
Income
Annual Gross Income:
$16,800
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Water System:
City Water - In Street
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.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of National Realty Guild.
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.