For Sale: Minneapolis MLS# 7163299
Active
$599,900
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1927
2,782 sqft • 0.13 acres
Minneapolis schools
MLS# 7163299
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Property Description
Exceptional curb appeal and timeless architectural character welcome you to this beautifully maintained Spanish Revival–style duplex in Minneapolis’s Lyndale neighborhood. An appealing opportunity for an investor or owner-occupant looking to enjoy one unit while generating rental income from the other.
Distinctive arched entries framed by decorative stucco detailing open to spacious interiors filled with natural light from an abundance of windows. Gleaming original hardwood floors, soaring 9½-foot ceilings, original birch woodwork, and a built-in linen hutch in each unit showcase the home’s enduring craftsmanship. Intricate architectural details continue throughout, including wood-burning fireplaces with arched limestone surrounds and decorative bas-relief panels above. Generous living and dining rooms provide inviting spaces for everyday living and entertaining.
Remodeled in 2019, the upper level features a kitchen with granite countertops and a farmhouse sink, along with a beautifully updated bathroom showcasing gorgeous tilework. Updated gas ranges add everyday convenience, while a roof less than three years old adds lasting value.
Outside, enjoy a privacy-fenced backyard with a stamped concrete patio, pergola, and established landscaping—an inviting setting for relaxing or entertaining. A three-car garage and additional off-street parking provide everyday convenience. Ideally located near Lake Harriet, Bde Maka Ska, Lyndale Farmstead Park, and neighborhood dining and coffee shops, this distinctive duplex brings together character, condition, and an appealing South Minneapolis location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$599,900
Price per sq ft:
$216
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1927
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55408
Neighborhood/Area:
48
Subdivision Name:
Bakers Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,782 ft2
Living Area:
2,782 ft2
Basement Details:
- Full
- Partially Finished
Exterior
Stories:
Two
Garage Spaces:
3
Garage Size:
650 ft2
Foundation Size:
1,241 ft2
Fencing:
Full, Privacy, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Hot Water
Parking Features:
- Detached Garage
- Insulated Garage
Road Frontage:
City Street
Roof Details:
Asphalt
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.13
Geolocation:
44.93831, -93.285259
Lot Dimensions:
45 x 130
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
$1,800
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$4,000
Annual Maintenance Expense:
$1,000
Annual Trash Expense:
$1,020
Annual Water/Sewer Expense:
$1,020
Tenant Expenses:
Electricity, Fuel, Lawn Care, Snow Removal
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$11,265
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,265
Income
Annual Gross Income:
$52,500
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 LaBelle Real Estate Group Inc.
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.