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$795,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1916
5,056 sqft • 0.07 acres
Minneapolis schools
MLS# 6780289
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    Property Description

    Spacious 8-Bedroom, 5-Bath Duplex in Historic Lowry Hill – over 5, 000 Sq Ft. This exceptional duplex offers flexibility for both owner-occupants and investors. Live in one spacious unit while generating rental income from the other to offset mortgage payments, or use it strictly as an income-producing property in one of Minneapolis’s most desirable neighborhoods. The property is a stately brick-and-stucco residence in the highly sought-after Lowry Hill historic district, offering 4, 931 square feet of finished living space. It combines timeless architectural character with modern updates. Classic features include hardwood floors, beamed ceilings, stained glass, crystal fixtures, built-ins, high ceilings, crown molding, and three floating fireplaces. Outdoor amenities include a front and back patio, a balcony, and a deck. The front patio is accented by a fountain, iron planters, window box planter, and an antique brick floor in a herringbone pattern. The upper unit spans approximately 2, 500 square feet across two levels and features five large bedrooms and three bathrooms. Highlights include a formal dining room, a sun-filled living room with a floating fireplace, a sunroom, and both a balcony and deck for outdoor relaxation. The master suite measures 27 by 18 feet and is enhanced by inlaid bloodwood floors and roof windows that provide abundant natural light. South-facing living areas with high ceilings and detailed picture frame crown molding create a bright and elegant setting throughout. The lower unit offers approximately 2, 431 square feet on two levels, with three large bedrooms and two bathrooms. The layout includes a formal dining room, a living room with a floating fireplace, and a family room with an additional floating fireplace. Two sunrooms and a large back patio provide multiple spaces for relaxation. The lower unit also has access to a first-floor common area that can be finished to add approximately 300 additional square feet of living space. Like the upper unit, the living areas are south-facing with high ceilings and refined crown molding. Recent upgrades further enhance the property’s appeal. In 2025, the roof underwent a complete tear-off and redeck and was replaced with 50-year architectural shingles, covered by a 25+ year warranty with SELA. That same year, four new remote-control skylights with power venting and shades were installed. Both boilers were replaced in 2025 with high efficient units. Additional updates include two hot water heaters installed in 2022 and a new washer added to the lower unit in 2024. Situated in the heart of Lowry Hill, this duplex offers close proximity to the Walker Art Center, Lake of the Isles, Uptown, and the many shops, restaurants, and cultural landmarks that make this one of Minneapolis’s most desirable neighborhoods and one block from Mt. Curve.

    Listing

    Contingency: None
    Price per sq ft: $157
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55403
    Neighborhood/Area: Lowry Hill
    Subdivision Name: Groveland Add

    Interior

    Living Area: 5,056 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Finished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 1
    Garage Size: 128 ft2
    Foundation Size: 1,657 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    Parking Features:
    • Asphalt
    • Attached Garage
    Shared Amenities:
    • Common Garden
    • Patio
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Rubber

    Lot & Land

    Acres: 0.07
    Geolocation: 44.966607, -93.295063
    Lot Dimensions: 75 x 42
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $8,196
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,400
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $13,008
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $13,008

    Income

    Annual Gross Income: $70,140

    Units

    Total Units: 2

    Miscellaneous

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

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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!

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