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Active NEW!
$399,900
/mo Edit
Single Family:  1.5 Stories
4 br • 2 ba • Built 1925
1,454 sqft • 0.15 acres
Minneapolis schools
MLS# 7117663
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    Property Description

    This 4-bedroom, 2-bath home with a 3-car detached garage sits just blocks from the University of Minnesota, near Dinkytown, East Bank Campus, SE Como, and Marcy Holmes neighborhoods, with easy access to Metro Transit, shopping, and local events. Owned for over 15 years, this property has been consistently rented and is currently leased at $2, 900/month with tenants paying all utilities. The detached triple garage offers additional income potential at approximately $150/month per stall. The property also features a long driveway with space for up to 5 additional vehicles. The home blends historic character with extensive updates. Originally built in 1926 and relocated in 1958 with a new concrete block foundation, it now includes a finished basement with workshop and shower, central HVAC (approx. 7 years old), roof (approx. 6 years old), and numerous recent upgrades including a remodeled front deck with vinyl windows, new front door, updated kitchen cabinets, insulated and finished attic storage, and a beautifully resurfaced black marble fireplace. Interior highlights include hardwood floors, ceramic or porcelain tile, and flexible living spaces with 2 bedrooms and a full bath on the main level, plus a large upper-level space used as additional bedrooms. An exceptional investment with strong rental history, added garage income, and future upside—this property also offers potential for redevelopment into multifamily housing. A truly turnkey and well-maintained property in a prime location.

    Listing

    Contingency: None
    Price per sq ft: $275
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: 1.5 Stories
    Zip Code: 55414
    Neighborhood/Area: 50

    Interior

    Living Area: 1,454 ft2
    Common Wall: No
    Appliances Included:
    • Range
    • Refrigerator
    Fireplace Details: Living Room
    Basement Details:
    • Daylight/Lookout Windows
    • Full

    Exterior

    Stories: One and One Half
    Garage Spaces: 3
    Garage Size: 864 ft2
    Air Conditioning: Central Air
    Foundation Size: 974 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • Gravel
    Unit Amenities:
    • Hardwood Floors
    • Porch

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details:
    • 3/4 Basement
    • Main Floor Full Bath
    Dining/Kitchen:
    • Eat In Kitchen
    • Separate/Formal Dining Room
    Upper Level Size Sq Ft
    Bedroom 4  11 x 10  110 
    Bedroom 3  15 x 12  180 
    Main Level Size Sq Ft
    Dining Room  10 x 10  100 
    Bedroom  11 x 11  121 
    Kitchen  13 x 8  104 
    Living Room  24 x 12  288 
    Bedroom 2  13 x 9  117 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.15
    Geolocation: 44.9853057707, -93.2378021231
    Lot Dimensions: 165 x 40
    Zoning: Residential-Single Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 6126680000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,876
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,876
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System:
    • City Sewer - In Street
    • 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 Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.