For Sale: Minneapolis MLS# 7160400
Active
NEW!
$275,000
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1906
2,535 sqft • 0.17 acres
Minneapolis schools
MLS# 7160400
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Property Description
Investment opportunity with strong potential in Minneapolis. This duplex features two spacious units, each with 2 bedrooms, 1 full bathroom, a living room, and a kitchen. Each unit has separate electrical. The main level is heated by a boiler, and the upper level has electric heat. The upper unit is currently rented at $1, 100/month. Parking is in the rear. The property needs some work and is being sold as-is, but it offers significant potential. Conveniently located near public transportation, restaurants, highways, shopping, and parks.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$275,000
Price per sq ft:
$108
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1906
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55408
Neighborhood/Area:
84
Subdivision Name:
Corsons Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,535 ft2
Living Area:
2,535 ft2
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,469 ft2
Handicap Accessible:
None
Heating System:
- Baseboard
- Boiler
- Hot Water
Parking Features:
Gravel
Pool:
None
Roof Details:
Asphalt
Rooms
Laundry:
- Main Level
- Upper Level
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.17
Geolocation:
44.954714, -93.275689
Lot Dimensions:
57 x 126 x 57 x 126
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
1
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
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,355
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,355
Income
Annual Gross Income:
$13,200
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 Keller Williams Classic Rlty NW.
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.