For Sale: Minneapolis MLS# 7045320
Active Contingent
$589,000
Multi-family: Other
5 br • 3 ba • Built 1923
2,768 sqft • 0.12 acres
MLS# 7045320
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Rare Opportunity in the Heart of Bryn Mawr! This meticulously maintained, true up/down duplex offering classic Minneapolis charm blended with modern updates. Entire duplex has been Owner-occupied since 2022, this property shines with pride of ownership and extensive recent updates, including full kitchen and bathroom remodels, new interior and exterior paint, and updated appliances.
Each unit features gleaming hardwood floors, original oak woodwork, and built-in buffets. The upper level boasts a sun-drenched 3-season porch with stunning skyline views. A 2-car garage equipped with a dedicated electric car charging station.
Massive Value-Add Potential: The basement features a partially finished studio—complete with an egress window, kitchenette, and bathroom. This versatile space is perfect for guest quarters, in law suite, an expansion of the main floor unit, or—with city approval—conversion into a legal third unit for a high-yield triplex.
Ideally located just blocks from the trails of Theo Wirth Park and minutes from Downtown. Whether you are looking for a turnkey owner-occupant suite or a premium investment (with market rents projected at $1, 900–$2100 per unit), this Bryn Mawr gem is a one-of-a-kind find.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$589,000
Price per sq ft:
$213
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1923
State:
MN
Property Style:
Other
Zip Code:
55405
Neighborhood/Area:
7
Interior
Bedrooms:
5
Bathrooms:
3
Finished Area:
2,768 ft2
Living Area:
2,768 ft2
Refrigerators:
Two
Basement Details:
Partially Finished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
400 ft2
Foundation Size:
1,144 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached Garage
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.12
Geolocation:
44.9733009074, -93.3125397641
Lot Dimensions:
40 x 127
Zoning:
Residential-Multi-Family
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
Tenant Expenses:
Cable TV, Electricity, Fuel
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$9,033
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$9,033
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Side by Side Realty LLC.
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.