For Sale: Minneapolis MLS# 7043388
Active
NEW!
$319,900
Multi-family: Duplex Up and Down
5 br • 2 ba • Built 1884
2,201 sqft • 0.09 acres
Minneapolis schools
MLS# 7043388
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Property Description
Welcome to this lovely, well-kept up/down duplex in the heart of the Midtown area. This home features beautiful hardwood floors and versatile heating systems with both boiler and forced air heat. Meticulously maintained and TISH approved, this property is move-in ready for you and a tenant or two rentals! Enjoy a super-convenient location just minutes from Downtown Minneapolis, with easy access to the bus line. Whether you are looking for an owner-occupied opportunity or a solid investment, this duplex is a must-see! What's nearby? Stewart Park is across the street with a wading pool and playground, Powderhorn nearby. Midtown Greenway is a bike-walking path connecting you with the lakes and river. Nearby schools include Anderson United Middle School, Bancroft, and the well-known Hope Academy.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$319,900
Price per sq ft:
$145
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1884
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55407
Neighborhood/Area:
54
Subdivision Name:
Wrights Add
Interior
Bedrooms:
5
Bathrooms:
2
Finished Area:
2,201 ft2
Living Area:
2,201 ft2
Refrigerators:
Two
Basement Details:
- Shared Access
- Storage Space
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
440 ft2
Foundation Size:
1,045 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Forced Air
Parking Features:
Detached Garage
Road Frontage:
City Street
Roof Details:
Age Over 8 Years
Rooms
Laundry:
In Basement
Lot & Land
Acres:
0.09
Geolocation:
44.954502, -93.25717
Lot Dimensions:
31 x 127
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:
$1,715
Annual Maintenance Expense:
$2,045
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,874
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,288
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,288
Income
Annual Gross Income:
$23,250
Rent
Annual Net Income:
$11,334
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Water System:
- City Water - In Street
- 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 Bridge 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.