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Active Contingent
$875,000
/mo Edit
Multi-family:  Duplex Side by Side
6 br • 3 ba • Built 1931
2,746 sqft • 0.23 acres
Minneapolis schools
MLS# 7152729
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    Property Description

    Gorgeous Fulton duplex in an unbeatable location! Available for the first time in more than 20 years, this beautifully maintained property offers a rare opportunity to own a character-filled, income-producing duplex just steps from the shops, restaurants, and neighborhood charm of 50th & France. With more than $100, 000 invested in improvements in 2025, the property combines timeless character with thoughtful, significant updates. The second unit is currently leased through April 2027, providing immediate rental income and making this an exceptional opportunity for an owner-occupant or investor. Major 2025 improvements include new Pella fiberglass windows in the living and dining rooms of both units, Mitsubishi mini-split systems with two heads per unit, architectural shingle roofing with added ridge venting, a new rubber garage roof, extensive chimney tuckpointing and rebuilding, new stone chimney crowns, upgraded attic insulation with spray-foam air sealing, and spray-foamed rim joists on the owner’s side. Exterior improvements include fresh paint, new concrete walkways at both units, and a new concrete garage apron. The owner’s unit also features a beautifully retiled shower/tub with new shower plumbing. Enjoy exceptional walkability with 50th & France practically at your doorstep, along with easy access to Lake Harriet, Minnehaha Parkway, parks, trails, and the many amenities that make Fulton one of Southwest Minneapolis’s most sought-after neighborhoods. A truly special opportunity to own a gorgeous, income-producing duplex in a premier location—available for the first time in more than two decades.

    Listing

    Contingency: Inspection
    Price per sq ft: $319
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55410
    Neighborhood/Area: 28
    Subdivision Name: Steeles Lake Harriet Park Add

    Interior

    Living Area: 2,746 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Partially Finished

    Exterior

    Stories: One and One Half
    Garage Spaces: 3
    Garage Dimensions: 18x22 and 10x22
    Garage Size: 596 ft2
    Foundation Size: 1,470 ft2
    Foundation Dimensions: 10x14
    Fencing: Chain Link, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Fireplace(s)
    • Heat Pump
    Parking Features:
    • Attached Garage
    • Concrete
    Road Frontage: City Street
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Rubber

    Rooms

    Laundry:
    • Gas Dryer Hookup
    • In Basement
    • Lower Level
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.23
    Geolocation: 44.911272, -93.322304
    Lot Dimensions: Irregular
    Zoning:
    • Residential-Multi-Family
    • Residential-Single 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: None
    Annual Maintenance Expense: None
    Annual Trash Expense: $200
    Annual Water/Sewer Expense: None
    Tenant Expenses: Broadband, Cable TV, Electricity, Gas, Hot Water, Insurance, Sewer, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $13,403
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $15,903

    Income

    Annual Gross Income: $2,940

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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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.
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    Listing provided by RMLS, courtesy of Home Avenue Flat Fee Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.