For Sale: Minneapolis MLS# 7152249
Active
NEW!
$394,900
Multi-family: Duplex Up and Down
6 br • 2 ba • Built 1900
1,900 sqft • 0.151 acres
Minneapolis schools
MLS# 7152249
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Property Description
Welcome to 2406 Pierce St NE, an exceptional Northeast Minneapolis duplex that blends investment potential with elevated everyday living. Each generously sized unit features 3 bedrooms and 1 bathroom, along with modern kitchens, in-unit laundry, and central air for year-round comfort.
Enjoy three decks in total, including two private decks, offering inviting spaces to relax, entertain, or enjoy your morning coffee. The upper-level kitchen opens directly onto its own deck, creating a seamless indoor-outdoor connection and an ideal gathering space.
For the discerning investor, this property offers a compelling combination of desirable amenities, functional layouts, and outdoor space. Ideally located near Windom Park, residents enjoy easy access to Northeast Minneapolis’ restaurants, breweries, shops, parks, bike routes, and neighborhood amenities, while remaining close to downtown Minneapolis.
The main level will be showable with 24-hour notice; upper level by second showing only. Currently fully leased, with the flexibility to terminate leases with 30 days’ notice, providing an excellent opportunity for an owner-occupant or investor. Schedule your private showing today and discover the possibilities at 2406 Pierce St NE.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$394,900
Price per sq ft:
$208
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55418
Neighborhood/Area:
87
Subdivision Name:
Lincoln Street Sup East Side Add
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
1,900 ft2
Living Area:
1,900 ft2
Refrigerators:
Two
Basement Details:
- Block
- Shared Access
- Storage Space
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
900 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Shared Driveway
Road Frontage:
City Street
Rooms
Laundry:
In Unit
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.151
Geolocation:
45.012496, -93.241362
Lot Dimensions:
50 x 131
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,304
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,304
Income
Annual Gross Income:
$45,120
Rent
Annual Net Income:
$45,120
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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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.