For Sale: Minneapolis MLS# 7038499
Active
NEW!
$475,000
Multi-family: Duplex Up and Down
6 br • 2 ba • Built 1963
2,016 sqft • 0.12 acres
MLS# 7038499
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Welcome to an incredible opportunity in the sought-after Como neighborhood of Southeast Minneapolis! This charming two-story up/down duplex, constructed of durable stucco and brick, is an ideal investment or owner-occupant property. Perfectly situated close to a college campus, public transit, shops, trails, and more, this location ensures convenience for tenants and owners alike. The duplex boasts updated flooring and fresh paint throughout, making it move-in ready and in great shape for a new owner. Each unit features a large floor plan with 3 generous bedrooms per unit, a kitchen, and a bathroom, providing ample space for comfort and functionality. Enjoy plenty of parking available in the rear, a valuable perk in this vibrant neighborhood. The property is equipped with newer boilers and numerous updates, reducing maintenance worries and enhancing energy efficiency. This duplex is a fantastic investment in an area that attracts long-term tenants, or it can be a lovely home for an owner-occupant. Don’t miss out on this rare opportunity to own a well-maintained property in a thriving community! Schedule your showing today! Monthly rent amounts range per month for 3 bedroom units $1, 800-$2, 600 per month per unit in this area currently. Tenants pay gas and electric, landlord pays water and trash
Listing
Listing Status:
Active
Contingency:
None
List Price:
$475,000
Price per sq ft:
$236
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1963
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55414
Neighborhood/Area:
14
Subdivision Name:
Glencar Add
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
2,016 ft2
Living Area:
2,016 ft2
Refrigerators:
Two
Basement Details:
- Daylight/Lookout Windows
- Full
- Shared Access
- Storage Space
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,008 ft2
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Concrete
- Other
- Parking Lot
Shared Amenities:
Laundry
Road Frontage:
City Street
Exterior Material:
- Block
- Frame
Roof Details:
Asphalt
Rooms
Laundry:
In Basement
Lot & Land
Acres:
0.12
Geolocation:
44.990973, -93.217328
Lot Dimensions:
40 x 126
Schools
School District:
558
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:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,492
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,712
Income
Annual Gross Income:
None
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
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Mitchell Realty LLC.
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.