For Sale: Saint Louis Park MLS# 7123920
Active
$629,000
Multi-family: Duplex Side by Side
6 br • 4 ba • Built 1952
2,654 sqft • 0.2 acres
St. Louis Park schools
MLS# 7123920
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Property Description
Incredibly well-maintained, thoughtfully updated side-by-side duplex in sought-after St. Louis Park, just minutes from West End and all the action! Currently operating as two mid-term rentals, with the listed gross income reflecting actual 2025 performance.
Both units have been fully remodeled in 2021 with new kitchens featuring granite countertops, new shaker style cabinets, stainless steel appliances, and dishwashers. Additional updates include freshly refinished original HW floors, new washers and dryers, central heat and air on both sides. Each unit also has its own tuck-under private garage in the rear, plus bonus parking available for tenants.
This is a rare, true turnkey opportunity — ideal for long-term or mid-term rental — and it hits the 1% rule. All furnishings are available for purchase separately, making it even easier to keep the mid-term rental income going from day one.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$629,000
Price per sq ft:
$237
Property Type:
Multi-family
City:
Saint Louis Park
Garage Spaces:
2
County:
Hennepin
Year Built:
1952
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55416
Subdivision Name:
Brooklawns
Interior
Bedrooms:
6
Bathrooms:
4
Finished Area:
2,654 ft2
Living Area:
2,654 ft2
Refrigerators:
Two
Basement Details:
Finished
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
18.4x23.9
Garage Size:
440 ft2
Foundation Size:
1,890 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Road Frontage:
City Street
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.2
Geolocation:
44.9281, -93.35841
Lot Dimensions:
61 x 125 x 70 x 172
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Schools
School District:
283
District Phone:
9529286000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,600
Annual Maintenance Expense:
None
Annual Trash Expense:
$780
Annual Water/Sewer Expense:
$780
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$8,914
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,914
Income
Annual Gross Income:
$70,902
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$66,047
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!
Listing provided by RMLS,
courtesy of Jason Mitchell Group.
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.