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Active NEW!
$350,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1931
1,423 sqft • 0.12 acres
Minneapolis schools
MLS# 6803762
Open Houses
         10a - 12p
         1p - 3p
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Ask Herbert (Jaime):

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    Property Description

    Wonderfully maintained, rare side-by-side duplex available for the first time in over 30 years. Located on a quiet block just minutes from downtown, the chain of lakes, and Theodore Wirth Park! This is a perfect property for either the novice or experienced investor! Unit 2 is rented, unit 1 is ready for either you or your new tenant! New privacy fence in the backyard installed in the summer of 2025. The roof was replaced summer 2024. Pristine hardwood floors throughout both units, with a large basement and attic space ready for your equity building ideas. Schedule your private showing today!

    Listing

    Contingency: None
    Price per sq ft: $246
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55405
    Neighborhood/Area: Harrison
    Subdivision Name: Auditors Sub 026

    Interior

    Living Area: 1,423 ft2
    Ranges: Two
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 20x19
    Garage Size: 380 ft2
    Garage Door Width: 9
    Foundation Size: 1,423 ft2
    Fencing: Privacy, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Gravity
    Parking Features: Detached
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.12
    Geolocation: 44.97959, -93.302981
    Lot Dimensions: 41 x 133
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,500
    Annual Maintenance Expense: None
    Annual Gross Expense: $10,000
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $1,200
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,028
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,028

    Income

    Annual Gross Income: $10,200

    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.
    Connect with Eric today to get started with your home purchase!

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