For Sale: Minneapolis MLS# 7166492
Active
NEW!
$329,900
Multi-family: Duplex Side by Side
2 br • 2 ba • Built 1929
1,099 sqft • 0.11 acres
Minneapolis schools
MLS# 7166492
Open House
11a - 12:30p
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Property Description
Rare side by side, one level duplex in Northeast Minneapolis with the big ticket updates already completed. A new 50 year metal roof, owned solar panels and EV charging mean lower utility bills and no roof replacement on the horizon. Both 1BR/1BA units have been fully renovated with new kitchens and flooring, and each has its own washer/dryer. Outside, you’ll find a patio and firepit made for summer evenings, a carport, shed and a rainwater irrigation system for the raised garden beds.
One unit is vacant and ready for you to move right in while the other helps pay the mortgage. It’s a smart way to enjoy everything Northeast is known for, from art studios to breweries to neighborhood spots. Grab coffee and dinner on Central Ave, walk to Windom Park, run errands at the Quarry, and get downtown or onto I-35W in minutes. Investors, the updated units and in-unit laundry make this a low maintenance addition to any rental portfolio. Schedule your showing today of this turnkey, efficient duplex!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$329,900
Price per sq ft:
$300
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1929
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55418
Neighborhood/Area:
2
Subdivision Name:
Lincoln Hills Add
Interior
Bedrooms:
2
Bathrooms:
2
Finished Area:
1,099 ft2
Living Area:
1,099 ft2
Refrigerators:
Two
Basement Details:
Block
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Foundation Size:
1,099 ft2
Foundation Dimensions:
27'x40'
Fencing:
Wire, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Carport
- Electric
- Electric Vehicle Charging Station(s)
Road Frontage:
City Street
Pool:
None
Roof Details:
Metal
Rooms
Laundry:
In Unit
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.11
Geolocation:
45.015963, -93.237512
Lot Dimensions:
40 x 125
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$300
Annual Fuel Expense:
$1,200
Annual Insurance Expense:
$1,321
Annual Maintenance Expense:
None
Annual Trash Expense:
$2,000
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,152
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,152
Income
Annual Gross Income:
$15,600
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 Realty Integrity Lakes.
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.