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For Sale:  Minneapolis MLS# 7054355






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Active NEW!
$449,900
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1900
1,773 sqft • 0.11 acres
MLS# 7054355
763-576-8286
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    Property Description

    Don’t miss this turn-key duplex in highly desirable Northeast Minneapolis, offering two updated 2-bedroom, 1-bathroom units—each with its own in-unit washer/dryer and a dedicated garage stall. Both units have been fully renovated with new flooring, fresh paint, remodeled kitchens and bathrooms, modern appliances, smart thermostats, and in-unit washer/dryer combo units, while recent mechanical upgrades include a new furnace in Unit 2 (2021), brand-new water heaters for both units (2024), and new central A/C units installed this year (2025). The property features a large fenced yard, a detached 2-car garage, and unbeatable walkability to local restaurants and neighborhood amenities. With the lower unit already rented and the upper unit vacant—perfect for either a new tenant or owner-occupant—this property offers move-in ready comfort, strong rental potential, and peace of mind with major updates already completed.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $449,900
    Price per sq ft: $254
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: 2

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,773 ft2
    Living Area: 1,773 ft2
    Refrigerators: Two
    Basement Details:
    • Partial
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 18x20
    Garage Size: 360 ft2
    Foundation Size: 1,032 ft2
    Foundation Dimensions: 1032
    Fencing: Chain Link, Partial, Privacy, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • Garage Door Opener
    Shared Amenities: Patio
    Road Frontage:
    • City Street
    • Paved Streets
    • Storm Sewer
    Pool: None
    Roof Details:
    • Asphalt
    • Pitched

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • In Unit
    • Main Level
    • Upper Level
    • Washer Hookup

    Lot & Land

    Acres: 0.11
    Geolocation: 45.0210736616, -93.2464149219
    Lot Dimensions: 40 x 117
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,855
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,979
    Tenant Expenses: Broadband, Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,274
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,274

    Income

    Annual Gross Income: $40,476
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.