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For Sale:  Minneapolis MLS# 7129496

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Active
$550,000
/mo Edit
Multi-family:  Duplex Up and Down
7 br • 3 ba • Built 1905
2,748 sqft • 0.12 acres
Minneapolis schools
MLS# 7129496
763-576-8286
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    Property Description

    Built in 1905, this home is full of turn-of-the-century charm. It features stained and leaded glass windows, gorgeous hardwood floors, original unpainted woodwork, French doors, and built-in buffets and enclosed front porches on both floors. The main and upper levels also have 9-foot ceilings. All bedrooms have ceiling fans All appliances are included. This property was originally built as a duplex, not converted, and has been recently refreshed so it is move-in ready. It offers both on- and off-street parking and is located near campus, making it excellent for student housing. The lower level features a bedroom (included in the main floor bedroom count), its own bathroom, a small kitchenette, and an egress window.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $550,000
    Price per sq ft: $200
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1905
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55414
    Neighborhood/Area: 14
    Subdivision Name: Elwells 2nd Add

    Interior

    Bedrooms: 7
    Bathrooms: 3
    Finished Area: 2,748 ft2
    Living Area: 2,748 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Egress Window(s)
    • Full
    • Kitchenette
    • Partially Finished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 180 ft2
    Foundation Size: 1,133 ft2
    Foundation Dimensions: 26x45
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Forced Air
    Parking Features:
    • Detached Garage
    • Gravel
    Shared Amenities: None
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    Exterior Material:
    • Block
    • Frame
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Laundry: Lower Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.12
    Geolocation: 44.993037, -93.231661
    Lot Dimensions: 131.73 X 40

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $4,400
    Annual Fuel Expense: $2,700
    Annual Insurance Expense: $3,300
    Annual Maintenance Expense: $4,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,900
    Tenant Expenses: Telephone

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,821
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,821

    Income

    Annual Gross Income: $40,508

    Rent

    Annual Net Income: $8,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.