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For Sale:  Minneapolis MLS# 6757225

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Active NEW!
$499,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
2,614 sqft • 0.14 acres
Minneapolis schools
MLS# 6757225
763-576-8286
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    Property Description

    Fantastic owner-occupied duplex in the heart of South Minneapolis! This well-maintained property features a 2 bed, 1 bath main floor unit and a spacious 4 bed, 2 bath upper-level unit—both with shared access to a laundry room. The upper unit spans two levels, offering flexible living space and great rental potential. Recent updates include new roof, windows, electrical panels, kitchens, and bathrooms. Each unit is bright and thoughtfully laid out with modern finishes throughout. A detached two-stall garage and additional off-street parking provide added convenience. Total monthly rent is $3, 345, making this a perfect opportunity for investors or live-in owners. Prime location in the Corcoran neighborhood with easy access to highways, light rail, restaurants, shopping, and parks.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $499,000
    Price per sq ft: $191
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55407
    Neighborhood/Area: Corcoran
    Subdivision Name: Perkins Add

    Interior

    Finished Area: 2,614 ft2
    Living Area: 2,614 ft2
    Basement Details:
    • Full
    • Partially Finished
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 360 ft2
    Foundation Size: 770 ft2
    Handicap Accessible: None
    Heating System: Baseboard
    Parking Features:
    • Asphalt
    • Detached
    Exterior Material:
    • Metal Siding
    • Stucco
    • Wood Siding

    Lot & Land

    Acres: 0.14
    Geolocation: 44.94457, -93.239316
    Lot Dimensions: .14

    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: $2,827
    Annual Maintenance Expense: None
    Annual Gross Expense: $23,292
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,788
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,745

    Income

    Annual Gross Income: $40,140

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Lifecycle Real Estate Services.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.