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For Sale:  Minneapolis MLS# 7164029

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Active NEW!
$299,900
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1933
2,475 sqft • 0.12 acres
Minneapolis schools
MLS# 7164029
763-477-8572
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    Property Description

    Great opportunity to own a charming up/down duplex with original character, flexible living spaces, and investment potential! The vacant main-floor unit features 2 bedrooms, 1 bathroom, fresh paint, new carpeting with hardwood floors underneath, a spacious living room with a wood-burning fireplace, and beautiful original architectural details. The upper unit offers 2 bedrooms, 1 bathroom, attic bonus room/den, plus three-season porch. The upper apartment also has its own exterior entrance on the side of the home. Unfinished basement features laundry, generous storage, and a separate walkout entrance. Additional features include many updated windows, a roof replaced estimate 2012, and a detached two-car-sized garage primarily suited for storage. The property features a shared boiler heating system, separate electrical service for each unit, and window A/C. The owner pays heat and water. The upper unit is occupied by a long-term month-to-month tenant, while the vacant main-floor unit provides an opportunity for an owner-occupant or investor. Conveniently located near Victory Memorial Parkway, neighborhood parks, walking and biking trails, and easy access to major roadways. A wonderful opportunity to add a duplex to your investment portfolio or live in one unit while generating rental income from the other!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $299,900
    Price per sq ft: $121
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1933
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55412
    Neighborhood/Area: 79
    Subdivision Name: Thrall-Mckenzie Cos Oxford Manor

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 2,475 ft2
    Living Area: 2,475 ft2
    Refrigerators: Two
    Basement Details:
    • Drainage System
    • Egress Window(s)
    • Unfinished
    • Walkout

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Foundation Size: 825 ft2
    Fencing: Partial
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features: Detached Garage
    Road Frontage:
    • City Street
    • Sidewalks
    Roof Details: Age Over 8 Years

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.12
    Geolocation: 45.034614, -93.306911
    Lot Dimensions: 0
    Zoning: Residential-Multi-Family

    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: Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,228
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,228

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System:
    • City Sewer - In Street
    • City Sewer/Connected
    Water System:
    • City Water - In Street
    • City Water/Connected

    Mortgage Calculator

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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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.