For Sale: Minneapolis MLS# 7069373
Active Contingent
$430,000
Multi-family: Duplex Side by Side
4 br • 2 ba • Built 1900
1,624 sqft • 0.13 acres
Minneapolis schools
MLS# 7069373
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Excellent opportunity for an owner-occupant buyer to move in right away or an investor to acquire this spacious, 2-story, side-by-side duplex in the heart of Northeast Minneapolis. Each unit has 2 bedrooms on the upper level, plus a convenient main floor layout including a living room, separate dining room, kitchen, and full bathroom. Both kitchens offer lots of cabinetry and storage, a dishwasher, and it’s a great space for cooking with a gas range. Filled with lots of period charm, this duplex has great curb appeal with an open front porch, and the added bonus of separate entrances to each unit. Both units also provide the added convenience of an in-unit washer and dryer. Only one unit has access to the basement with additional storage space and it’s own laundry, the other unit has a stackable washer and dryer in a closet on the main floor. Each unit has separate electric and gas meters. This building is very low maintenance because it has stucco exterior, vinyl windows, metal wrapped window trim, soffit, and fascia.
This duplex also has a 30x20 foot garage; one unit has a one-car stall with a connected storage room inside the garage. The other unit has a separate storage unit inside the garage and an off-street parking spot on the driveway. The shared backyard is fully fenced and includes a brick patio. See the floor plans to review this great side-by-side layout. View the complete Matterport 3D Walkthrough of both units. One unit has an existing tenant, providing the convenience of rental income from one unit right away, and the other unit is vacant and ready for a new owner to move in right away or to find new tenants. This duplex is in a sought-after NE Mpls location close to great neighborhood restaurants, coffee shops, local businesses, Saint Anthony Park, and the river, while also being close to the Northeast Minneapolis Arts District.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$430,000
Price per sq ft:
$265
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
1
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55413
Neighborhood/Area:
71
Subdivision Name:
Sibley Add To St Anth
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,624 ft2
Living Area:
1,624 ft2
Refrigerators:
Two
Basement Details:
- Crawl Space
- Partial
- Single Tenant Access
- Storage/Locker
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
30x20
Garage Size:
600 ft2
Garage Door Height:
6
Garage Door Width:
12
Foundation Size:
1,008 ft2
Fencing:
Chain Link, Full
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Hot Water
Parking Features:
- Asphalt
- Detached Garage
- Electric
- Garage Door Opener
- Storage
Shared Amenities:
- Patio
- Porch
Road Frontage:
City Street
Roof Details:
- Age Over 8 Years
- Architectural Shingle
- Pitched
Rooms
Laundry:
- In Basement
- Laundry Closet
- Laundry Room
- Main Level
Lot & Land
Acres:
0.13
Geolocation:
44.995549, -93.255342
Lot Dimensions:
45 x 129.5
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,706
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,800
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,551
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,551
Income
Annual Gross Income:
$41,400
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$36,894
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 Coldwell Banker Realty - Lakes.
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.