For Sale: Minneapolis MLS# 7161134
Active
NEW!
$390,000
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1906
1,273 sqft • 0.12 acres
Minneapolis schools
MLS# 7161134
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Property Description
This duplex features a total of 4 bedrooms (2 up and 2 down) and 2 bathrooms (full on main and 3/4 up). Each unit has its own laundry, furnace, and AC unit. Due to the close proximity to Augsburg College and the University of Minnesota, it could be a great investment property, or a multi-generational single family home option. It currently is licensed as a duplex rental unit with the city of Minneapolis. All the windows and doors have been replaced with Marvin tilt-in windows upstairs and Anderson windows and doors on the main level. The roof is only 3 years old and its mechanicals are in great shape! The garage has space for 3 cars as one side is a tandem. All the big ticket items have been taken care of already. Just move in and enjoy!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$390,000
Price per sq ft:
$306
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1906
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55406
Neighborhood/Area:
67
Subdivision Name:
F Cooks Riverside Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,273 ft2
Living Area:
1,273 ft2
Refrigerators:
Two
Basement Details:
- Block
- Daylight/Lookout Windows
- Full
- Partially Finished
- Single Tenant Access
Exterior
Stories:
One and One Half
Garage Spaces:
3
Garage Dimensions:
47x19
Garage Size:
893 ft2
Foundation Size:
1,020 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached Garage
- Floor Drain
- Garage Door Opener
- Heated Garage
- Insulated Garage
- Tandem Garage
Shared Amenities:
None
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Block
Roof Details:
- Age 8 Years or Less
- Architectural Shingle
- Pitched
Rooms
Laundry:
- In Unit
- Lower Level
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.12
Geolocation:
44.964237, -93.228864
Lot Dimensions:
91 x 53 x 93 x 50
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,631
Annual Maintenance Expense:
None
Annual Trash Expense:
$457
Annual Water/Sewer Expense:
$756
Tenant Expenses:
Cable TV, Electricity, Gas, Trash Collection
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,890
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,890
Income
Annual Gross Income:
$9,600
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$1,550
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer - In Street
Water System:
City Water - In Street
Power Company Name:
Xcel Energy
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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 Edina Realty, Inc..
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.