For Sale: Minneapolis MLS# 7128229
Active
NEW!
$336,000
Multi-family: Duplex Up and Down
5 br • 2 ba • Built 1900
2,346 sqft • 0.14 acres
Minneapolis schools
MLS# 7128229
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Property Description
Welcome to this spacious, 5-bedroom, 2-bathroom duplex filled with character and offering an excellent opportunity for both owner-occupants and investors. Each unit features a kitchen with newer appliances, tiled bath surrounds, updated and refinished flooring, generous living spaces, and a spacious private back porch. The upper unit also includes a versatile bonus room that can be used as a home office, den, or flex space. Upper unit currently rented at $1, 887/month, providing immediate rental income!
The upper-unit tenant is scheduled to move out at the end of October, and the seller has agreed to prepay for new carpeting and a fresh coat of paint for the upper unit following the tenant’s move-out, giving the next owner a refreshed space ready for occupancy or a new tenant.
Major exterior improvements include new siding, a new roof, newer windows, and numerous additional updates throughout. Outside, the large flat backyard provides plenty of space for entertaining, recreation, or gardening, while the rear parking pad offers convenient off-street parking for multiple vehicles. This duplex has wonderful potential; view the enhanced photos to see all the possibilities.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$336,000
Price per sq ft:
$143
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55411
Neighborhood/Area:
36
Subdivision Name:
Wyants Rgt Lts Blk 33 Highland Park
Interior
Bedrooms:
5
Bathrooms:
2
Finished Area:
2,346 ft2
Living Area:
2,346 ft2
Refrigerators:
Two
Basement Details:
- Full
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
1,001 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Concrete
- Other
- Shared Driveway
Road Frontage:
City Street
Pool:
None
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
None
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.14
Geolocation:
45.001098, -93.295207
Lot Dimensions:
40 x 157
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$1,000
Annual Insurance Expense:
$2,000
Annual Maintenance Expense:
$1,000
Annual Trash Expense:
$1,000
Annual Water/Sewer Expense:
$2,000
Tenant Expenses:
Cable TV, Electricity, Janitorial Service, Telephone
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$3,509
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,509
Income
Annual Gross Income:
$40,644
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 Keller Williams Classic Rlty NW.
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.