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For Sale:  Minneapolis MLS# 7130897

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Active NEW!
$495,000
/mo Edit
Multi-family:  Duplex Side by Side
4 br • 4 ba • Built 1950
2,454 sqft • 0.11 acres
Minneapolis schools
MLS# 7130897
763-576-8286
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    Property Description

    Updated side-by-side duplex offering a versatile opportunity for both owner-occupants and investors! Each unit features 2 bedrooms and 2 full bathrooms with modern finishes, updated kitchens, comfortable living spaces, and finished lower-level areas. Previously operated as furnished short-term rentals, the property offers flexibility to continue as an investment, transition to long-term rentals, or live in one unit while generating income from the other. Separate entrances and a fenced outdoor space complete this unique property with plenty of possibilities.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $495,000
    Price per sq ft: $202
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 1950
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55407
    Neighborhood/Area: 3
    Subdivision Name: Girard Invest Co 11th Add

    Interior

    Bedrooms: 4
    Bathrooms: 4
    Finished Area: 2,454 ft2
    Living Area: 2,454 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Sump Pump

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Dimensions: 20x12
    Garage Size: 240 ft2
    Foundation Size: 1,452 ft2
    Fencing: Chain Link, Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Detached Garage
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • Gas Dryer Hookup
    • In Basement
    • In Unit
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.11
    Geolocation: 44.93077, -93.252786
    Lot Dimensions: 112 x 40
    Zoning:
    • Other
    • Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,109
    Annual Maintenance Expense: $1,500
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,800

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,066
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,066

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    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 Real Broker, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.