For Sale: Minneapolis MLS# 7157503
Active
$349,999
Multi-family: Duplex Side by Side
4 br • 2 ba • Built 1940
2,346 sqft • 0.17 acres
Minneapolis schools
MLS# 7157503
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Property Description
Rarely available side-by-side brick duplex in the heart of Tangletown, one of Southwest Minneapolis' most coveted neighborhoods. Perfectly positioned near 50th & Nicollet, this exceptional property is within walking distance of Minnehaha Creek, lakes, parks, top-rated schools, local shops, restaurants, and transit options. Each generously sized unit offers hardwood floors and in-unit laundry, while the detached two-car garage and additional off-street parking provide added convenience. Whether you're seeking an owner-occupied investment, steady rental income, or a long-term portfolio asset, this is an outstanding opportunity to own a property in a premier Minneapolis location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$349,999
Price per sq ft:
$149
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1940
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55419
Neighborhood/Area:
76
Subdivision Name:
Washburn hill Addn to Mpls
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,346 ft2
Living Area:
2,346 ft2
Refrigerators:
One Per Unit, Two
Basement Details:
- Block
- Daylight/Lookout Windows
- Partially Finished
Exterior
Stories:
One
Garage Spaces:
2
Garage Size:
180 ft2
Foundation Size:
1,936 ft2
Foundation Dimensions:
40 x 52
Handicap Accessible:
Reduced Height Counters
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached Garage
- Multiple Garages
- No Int Access to Dwelling
- Shared Garage/Stall
Shared Amenities:
None
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
- Block
- Brick
- Concrete
- Frame
Pool:
None
Roof Details:
- Age Over 8 Years
- Asphalt
- Pitched
Rooms
Laundry:
- Gas Dryer Hookup
- In Basement
- Lower Level
- Sink
- Washer Hookup
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.17
Geolocation:
44.911102, -93.278459
Lot Dimensions:
53 x 140
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
- Irregular Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Farm
Topography:
High Ground
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
$2,196
Annual Electric Expense:
$1
Annual Fuel Expense:
$1
Annual Insurance Expense:
$1
Annual Maintenance Expense:
$4,586
Annual Trash Expense:
$1,019
Annual Water/Sewer Expense:
$1,695
Tenant Expenses:
Broadband, Cable TV, Electricity, Heat, Hot Water
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$9,052
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,052
Income
Annual Gross Income:
$27,650
Misc. Annual Income:
$27,650
Misc. Monthly Income:
$2,304
Rent
Annual Net Income:
$20,868
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
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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 Preferred Rlty.
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.