For Sale: Minneapolis MLS# 6825762
Active
$449,900
Multi-family: Duplex Side by Side
3 br • 2 ba • Built 1930
1,829 sqft • 0.12 acres
MLS# 6825762
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Property Description
Beautiful side-by-side duplex just a short walk to Lake Nokomis in South Minneapolis MN. Built in 1930 this unique investment property features a 2 bedroom, 1 bathroom unit on Southside and a 1 bedroom, 1 bathroom unit on the Northside. Both apartments offer original hardwood flooring along with oak baseboard trim and crown moldings in the living and formal dining rooms. Each unit is currently rented with month to month leases in place. The exterior is low maintenance stucco and stone. This home received the MAC improvements in 2006 which included Marvin windows and high end storm windows. Roof was replaced in 2024. North side unit has 2 year old Furnace, AC and water heater. There is a two car detached garage along with two off-street parking spaces. You can not beat the location for this price!!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$449,900
Price per sq ft:
$246
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1930
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55417
Neighborhood/Area:
37
Subdivision Name:
Hicks Club Sub Lts 11 12 & 14
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,829 ft2
Living Area:
1,829 ft2
Refrigerators:
Two
Basement Details:
- Block
- Full
- Storage Space
Exterior
Stories:
One and One Half
Garage Spaces:
2
Garage Dimensions:
24 x 21
Garage Size:
504 ft2
Garage Door Height:
8
Garage Door Width:
24
Foundation Size:
1,449 ft2
Foundation Dimensions:
28 x 49
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Road Frontage:
City Street
Exterior Material:
- Block
- Frame
- Stone
Pool:
None
Roof Details:
- Age 8 Years or Less
- Asphalt
- Pitched
Rooms
Laundry:
- Gas Dryer Hookup
- Washer Hookup
Lot & Land
Acres:
0.12
Geolocation:
44.913605, -93.231851
Lot Dimensions:
40 x 126
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,500
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$6,877
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,877
Income
Annual Gross Income:
$25,200
Rent
Annual Net Income:
$16,823
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!
Listing provided by RMLS,
courtesy of Apartment Cash Flow, 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.