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Active NEW!
$524,900
/mo Edit
Multi-family:  Duplex Side by Side
4 br • 2 ba • Built 1940
1,664 sqft • 0.11 acres
Minneapolis schools
MLS# 7071021
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    Property Description

    Prime Minneapolis Location makes this the perfect investment property!-Beautiful updated duplex at the entrance of Minnehaha Parkway near Lake Nokomis. Each side by side unit offers two spacious bedrooms, full bathroom, living room, kitchen /dining with updated kitchens featuring stainless steel appliances, hardwood floors throughout Incredible amount of storage in the basement with each unit having 1/2 the lower level with their own laundry facilities and one unit having a second bathroom. Great updates throughout, newer windows, exterior and interior paint. Backyard patio & deck perfect for a BBQ. Two car garage- one stall for each unit. Close to coffee shops & restaurants and shopping.

    Listing

    Contingency: None
    Price per sq ft: $315
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55417
    Neighborhood/Area: 61
    Subdivision Name: Boulevard Terrace

    Interior

    Living Area: 1,664 ft2
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 360 ft2
    Foundation Size: 1,664 ft2
    Handicap Accessible: None
    Heating System: Forced Air

    Lot & Land

    Acres: 0.11
    Geolocation: 44.914634, -93.25279
    Lot Dimensions: 123 x 40 x 123 x 40
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,411
    Annual Fuel Expense: $300
    Annual Insurance Expense: $3,978
    Annual Maintenance Expense: $300
    Annual Trash Expense: $509
    Annual Water/Sewer Expense: $600

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,536
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,536

    Income

    Annual Gross Income: $22,740

    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 Roseville Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.