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For Sale:  Minneapolis MLS# 7061322

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Active NEW!
$595,000
/mo Edit
Multi-family:  Duplex Up and Down
6 br • 4 ba • Built 1900
4,227 sqft • 0.11 acres
Minneapolis schools
MLS# 7061322
763-576-8286
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    Property Description

    Really nice, updated, well maintained 6 bd, 4 ba duplex w/ fenced in backyard & 2-car garage. Higher end updates - Main floor 2/1 1400ft2 ($1700/m) unit has master ensuite. Upper 4/2 2000ft2 ($2700/m) has open layout, subzero fridge, vaulted ceiling, big picture windows & spiral stairs up to loft. This is a legal duplex; however, potential to be triplex. 3 kitchens total. The 2nd & 3rd level/units are currently combined to be large upper unit. With $4400/m total rent, could be higher, perfect for owner occ/house hack or investor looking for a solid property that hasn't had every $ squeezed out. Great opportunity to be in high demand Uptown location close to lakes, trails & nightlife!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $595,000
    Price per sq ft: $141
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55408
    Neighborhood/Area: 47
    Subdivision Name: Harrisons 2nd Add

    Interior

    Bedrooms: 6
    Bathrooms: 4
    Finished Area: 4,227 ft2
    Living Area: 4,227 ft2
    Refrigerators: Three
    Basement Details:
    • Block
    • Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 20X20
    Garage Size: 624 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 1,423 ft2
    Fencing: Privacy, Wood
    Handicap Accessible: None
    Heating System:
    • Forced Air
    • Hot Water
    Parking Features:
    • Asphalt
    • Detached Garage
    Shared Amenities:
    • Laundry
    • Patio
    Road Frontage: City Street
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Laundry: In Basement

    Lot & Land

    Acres: 0.11
    Geolocation: 44.952332, -93.293528
    Lot Dimensions: 40 x 128
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $4,500
    Annual Maintenance Expense: $2,000
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $2,160
    Tenant Expenses: Cable TV, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $10,452
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,494

    Income

    Annual Gross Income: $53,340

    Rent

    Annual Net Income: $35,988

    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 Verde Real Estate Group.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.