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For Sale:  Minneapolis MLS# 6807913

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Active NEW!
$380,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1927
1,394 sqft • 0.14 acres
Minneapolis schools
MLS# 6807913
763-222-4541
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    Property Description

    Beautifully maintianed side by side duplex in the heart of the Corcoran neighborhood! Nestled on a quiet tree-lined street near South High School, this turnkey property is an ideal opportunity for both investors and owner-occupants. Each unit offers classic living space and well appointed kitchens and baths. The roof is only a few years old and the property has been well cared for with attention to detail and consistent maintenance. Enjoy strong rental potential or live in one unit while the other helps pay your mortgage. The private backyard provides outdoor space for relaxing or entertaining, with ample off-street parking adding convenience. Prime location just minutes from the light rail, Midtown Greenway, local cafes and all the South Minneapolis has to offer. Whether you're expanding your investment portfolio or looking for a move-in ready home with income potential, this duplex delivers comfort, quality and value in a sought-after neighborhood.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $380,000
    Price per sq ft: $273
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1927
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55407
    Neighborhood/Area: Corcoran
    Subdivision Name: Minnehaha Add

    Interior

    Finished Area: 1,394 ft2
    Living Area: 1,394 ft2
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 500 ft2
    Foundation Size: 1,394 ft2
    Handicap Accessible: None
    Heating System:
    • Forced Air
    • Gravity
    Parking Features: Detached
    Shared Amenities: None
    Exterior Material: Stucco

    Lot & Land

    Acres: 0.14
    Geolocation: 44.944156, -93.245212
    Lot Dimensions: 50 x 125
    Zoning: Residential-Single Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,061
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: $900
    Annual Water/Sewer Expense: $1,500
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,690
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,994

    Income

    Annual Gross Income: $22,050

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer/Connected
    Water System: 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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.