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For Sale:  Minneapolis MLS# 6826215

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Active NEW!
$250,000
/mo Edit
Multi-family:  2 Stories
4 br • 2 ba • Built 1906
1,502 sqft • 0.12 acres
MLS# 6826215
763-222-4541
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    Property Description

    Up/Down duplex in South Minneapolis ready for the right buyer to bring their vision and updates to make it shine again! This property offers great investment potential—perfect for adding to your rental portfolio or creating an income-producing home. Key improvements already completed include new roof in 2025, updated electrical, and partially updated plumbing. Each unit has a second bedroom that’s non-conforming due to the lack of a closet, but adding an armoire would be a simple solution. The upper unit also features access to an unfinished third level, offering a fantastic opportunity to finish the attic and gain additional square footage for instant equity!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $250,000
    Price per sq ft: $166
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1906
    State: MN
    Property Style: 2 Stories
    Zip Code: 55407
    Neighborhood/Area: 64
    Subdivision Name: Powder Horn Park Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,502 ft2
    Living Area: 1,502 ft2
    Refrigerators: One
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 22x20
    Garage Size: 440 ft2
    Foundation Size: 707 ft2
    Handicap Accessible: None
    Heating System:
    • Fireplace(s)
    • Forced Air
    Parking Features: Detached Garage
    Shared Amenities: Porch
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.12
    Geolocation: 44.943526, -93.251549
    Lot Dimensions: 42 x 122 x 42 x 122
    Zoning: Residential-Single Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 558
    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

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,736
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,986

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    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 Keller Williams Select Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.