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For Sale:  Minneapolis MLS# 6818784

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Active NEW!
$395,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
1,995 sqft • 0.11 acres
Minneapolis schools
MLS# 6818784
612-963-8385
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    Property Description

    Up and down duplex located in prime NE Minneapolis location. First floor unit offers fresh paint throughout, new carpeted rooms, new stove and exhaust hood in a recently remodeled kitchen, and a newly installed (2025) high efficiency heating system with air conditioner. Second floor unit boasts of newly refinished oak hardwood floors, fresh paint throughout, new windows and a new high efficiency furnace both installed in 2024. The remodeled kitchen offers a new stove, exhaust hood, and refrigerator. Bathroom updates include beautiful subway tile work and flooring. Basement includes a washer, dryer, and a newly poured concrete floor in 2024. Both units feature private front and back entrances, offering flexibility and privacy for occupants. The property offers ample parking in the private driveway and a very large 2.5 car garage in the back. Conveniently located within walking distance to award winning restaurants, coffee shops, parks, and the vibrant NE Arts District. Minutes from downtown and the U of M. This property combines strong rental demand for the area with long term value potential. Great opportunity for owner-occupant or investor. Agent is an owner.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $395,000
    Price per sq ft: $198
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55413
    Neighborhood/Area: Sheridan
    Subdivision Name: Marshalls Add To St Anthony

    Interior

    Finished Area: 1,995 ft2
    Living Area: 1,995 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Full
    • Owner Access
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 672 ft2
    Foundation Size: 1,050 ft2
    Fencing: Privacy, Wire, Wood
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Garage Door Opener
    • Gravel
    Shared Amenities: Laundry
    Road Frontage:
    • City Street
    • Sidewalks
    Exterior Material: Stucco
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.11
    Geolocation: 45.002711, -93.262703
    Lot Dimensions: 125 x 38
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $500
    Annual Fuel Expense: $500
    Annual Insurance Expense: $1,200
    Annual Maintenance Expense: None
    Annual Gross Expense: $3,720
    Annual Trash Expense: $760
    Annual Water/Sewer Expense: $760
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,960
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,960

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

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