For Sale: Minneapolis MLS# 7123850
Active
NEW!
$300,000
Multi-family: Duplex Up and Down
6 br • 2 ba • Built 1938
2,112 sqft • 0.12 acres
Minneapolis schools
MLS# 7123850
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Property Description
Turnkey Investment Opportunity! Spacious and large Near-North Duplex! Exceptional opportunity to own a well-maintained up/down duplex featuring 3-bedroom, 1-bath units on both levels. Whether you're expanding your investment portfolio or looking to owner-occupy while generating rental income, this property offers outstanding flexibility and cash flow potential. Recent updates include modern vinyl windows, fresh interior paint, new flooring in the kitchens and bathrooms, providing added value and peace of mind for the next owner. Live in one unit and let the rental income help offset your mortgage, or lease both units for a strong income-producing asset. Conveniently located with spacious layouts and numerous recent improvements, this is an opportunity you won't want to miss.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$300,000
Price per sq ft:
$142
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1938
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55411
Neighborhood/Area:
57
Subdivision Name:
Oak Park Add
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
2,112 ft2
Living Area:
2,112 ft2
Refrigerators:
Two
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,056 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Concrete
- Paved Lot
Rooms
Laundry:
- Gas Dryer Hookup
- In Basement
- Washer Hookup
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.12
Geolocation:
44.985939, -93.304131
Lot Dimensions:
42 x 127
Lot Description:
Corner Lot
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
$1
Annual Electric Expense:
$1
Annual Fuel Expense:
$1
Annual Insurance Expense:
$1
Annual Maintenance Expense:
$1
Annual Trash Expense:
$1
Annual Water/Sewer Expense:
$1
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$972
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$972
Income
Annual Gross Income:
$22,200
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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 RE/MAX Results.
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.