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For Sale:  Minneapolis MLS# 7059751

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Active NEW!
$735,000
/mo Edit
Multi-family:  Duplex Up and Down
8 br • 4 ba • Built 1901
4,434 sqft • 0.13 acres
Minneapolis schools
MLS# 7059751
763-576-8286
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    Property Description

    Located in the heart of the vibrant Uptown/Lowry Hill/East Isles neighborhood, this spectacular and spacious multifamily property offers unbeatable access to top restaurants, boutique shopping, and the cherished Minneapolis lakes. Featuring 7 bedrooms and 3 bathrooms spread across four unique levels of living space, this home offers incredible flexibility—perfect as an owner-occupied residence or a long-term rental investment. The property has a strong rental history and is easy to lease, thanks to its prime location and welcoming atmosphere that keeps tenants long-term. Classic architectural charm shines throughout with rich woodwork, built-ins, hardwood floors, and warm finishes. Enjoy sunny front porches, a second-floor deck overlooking a shared, fenced backyard, and a third-floor balcony—ideal for relaxing or entertaining. Additional perks include 4 garage stalls, adding both convenience and value. This is a rare opportunity to own a well-maintained, character-filled property in one of the city’s most desirable neighborhoods.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $735,000
    Price per sq ft: $166
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 4
    County: Hennepin
    Year Built: 1901
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55405
    Neighborhood/Area: 21
    Subdivision Name: Channells Add

    Interior

    Bedrooms: 8
    Bathrooms: 4
    Finished Area: 4,434 ft2
    Living Area: 4,434 ft2
    Refrigerators: Four
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 4
    Garage Size: 600 ft2
    Foundation Size: 1,592 ft2
    Fencing: Full, Privacy, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Radiator
    Parking Features: Detached Garage
    Shared Amenities:
    • Deck
    • Laundry
    • Patio
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.13
    Geolocation: 44.958722, -93.296017
    Lot Dimensions: 45X89&8X40

    Farm

    Topography: Level, Solar Oriented

    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
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $12,604
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $13,422

    Income

    Annual Gross Income: $39,000

    Units

    Total Units: 3

    Miscellaneous

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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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 Anderson Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.