For Sale: Minneapolis MLS# 7062026
Active
NEW!
$699,700
Single Family: 2 Stories
10 br • 5 ba • Built 1931
4,008 sqft • 0.19 acres
Minneapolis schools
MLS# 7062026
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Property Description
Welcome to this turn key, high yield investment home in the Victory neighborhood of Minneapolis—an exceptional property built for maximum rental income and investment performance. Offering over 4, 000 finished square feet, this expansive home features 9 bedrooms and 5 bathrooms, creating a rare opportunity for high-occupancy rental strategies such as co-living, group housing, sober living, student housing, or traditional long-term rentals. The layout is designed to maximize both occupancy and functionality, with two full kitchens—one on the main level and one in the lower level—allowing for flexible use including multi-unit style living, house hacking, or segmented rental setups!
Significant updates have already been completed, making this a great opportunity for a easy investment to step into. The property features updated bathrooms, new bedroom carpet, recessed lighting throughout, and a freshly painted exterior that enhances both curb appeal and long-term durability. Additionally, the garage is equipped with an electric vehicle charger for more market value to tenants.
Located near Victory Memorial Parkway with convenient access to downtown Minneapolis, parks, and trail systems!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$699,700
Price per sq ft:
$175
Property Type:
Single Family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1931
State:
MN
Property Style:
2 Stories
Zip Code:
55412
Neighborhood/Area:
79
Subdivision Name:
Howes Hyland Homes Add
Interior
Bedrooms:
10
Bathrooms:
5
Finished Area:
4,008 ft2
Total Fireplaces:
1
Living Area:
4,008 ft2
Common Wall:
No
Basement Details:
Finished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
22x20
Garage Size:
440 ft2
Air Conditioning:
Window Unit(s)
Foundation Size:
3,632 ft2
Handicap Accessible:
None
Heating System:
Radiator
Parking Features:
Detached Garage
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
1
3/4 Baths:
3
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bathroom | 5 x 7 | 35 |
| Bedroom 6 | 11 x 12 | 132 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Bathroom | 7 x 7 | 49 |
| Dining Room | 10 x 15 | 150 |
| Bedroom | 17 x 15 | 255 |
| Kitchen | 25 x 14 | 350 |
| Living Room | 27 x 14 | 378 |
| Bedroom 2 | 10 x 15 | 150 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Bathroom | 7 x 8 | 56 |
| Bedroom 5 | 14 x 15 | 210 |
| Bedroom 4 | 21 x 13 | 273 |
| Laundry | 12 x 12 | 144 |
| Bedroom 3 | 14 x 12 | 168 |
| Basement Level | Size | Sq Ft |
|---|---|---|
| Family Room | 15 x 14 | 210 |
| Kitchen- 2nd | 8 x 11 | 88 |
Lot & Land
Acres:
0.19
Geolocation:
45.034858, -93.314585
Lot Dimensions:
63 x 129
Zoning:
Residential-Single Family
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,769
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,769
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer - In Street
Water System:
City Water/Connected
Mortgage Calculator
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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 LPT Realty, LLC.
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.