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Active
$349,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1937
1,920 sqft • 0.11 acres
Minneapolis schools
MLS# 7067303
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    Property Description

    Updated duplex in the desirable Powderhorn/Central Minneapolis neighborhood featuring hardwood floors, spacious living areas, full basement, and rare four-car off-street parking. Recent updates include fresh paint, repaired flat roof (2026), and updated window framing. Conveniently located near downtown Minneapolis, parks, dining, transit, and major highways. Both units are tenant-occupied with month-to-month leases, and some photos have been virtually altered for presentation purposes. Schedule your showing today.

    Listing

    Contingency: None
    Price per sq ft: $182
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55407
    Neighborhood/Area: 11
    Subdivision Name: Nichols & Saegers Add

    Interior

    Living Area: 1,920 ft2
    Refrigerators: One Per Unit
    Basement Details:
    • Block
    • Full
    • Partially Finished
    • Storage Space

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 960 ft2
    Fencing: Chain Link, Privacy
    Handicap Accessible: Soaking Tub
    Road Responsibility: Public Maintained Road
    Heating System:
    • Hot Water
    • Radiator
    Parking Features: Concrete
    Shared Amenities:
    • Laundry
    • Porch
    Road Frontage:
    • City Street
    • Paved Streets
    • Street Lights
    Exterior Material:
    • Block
    • Frame
    Pool: None
    Roof Details: Flat

    Rooms

    Laundry:
    • Common Area
    • Gas Dryer Hookup
    • In Basement
    • Lower Level
    • Washer Hookup

    Lot & Land

    Acres: 0.11
    Geolocation: 44.942289, -93.266057
    Lot Dimensions: 40 x 119
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: $420
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: $60
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,521
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,521

    Income

    Annual Gross Income: $34,860

    Rent

    Annual Net Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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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 Keller Williams Classic Rlty NW.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.