Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  Minneapolis MLS# 7052362

My notes for this property


Add listing to my favorites (required)
Active
$485,000
/mo Edit
Multi-family:  Duplex Side by Side
2 br • 2 ba • Built 1941
1,730 sqft • 0.11 acres
MLS# 7052362
763-576-8286
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    A standout opportunity in sought-after Southwest Minneapolis, this duplex offers both flexibility and strong investment appeal. Ideally located just minutes from Lake Harriet, Bde Maka Ska, scenic trails, and neighborhood parks, the property combines location with livability. Inside, you’ll find hardwood floors, sun-filled living spaces, a bright kitchen with adjoining dining area, and a cozy sunroom in each unit. Both units include 1 bedroom and 1 bath, along with access to shared basement laundry and ample storage. Separate garages and driveways provide added convenience, making this an excellent option for owner-occupants or investors looking to rent out one or both units short- or long-term.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $485,000
    Price per sq ft: $280
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1941
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55410
    Neighborhood/Area: 28
    Subdivision Name: Reeve Park 3rd Div

    Interior

    Bedrooms: 2
    Bathrooms: 2
    Finished Area: 1,730 ft2
    Living Area: 1,730 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Partially Finished
    • Shared Access
    • Storage Space

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,548 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Garage Door Opener
    • Tuckunder Garage
    Shared Amenities: Laundry
    Road Frontage: City Street
    Roof Details:
    • Architectural Shingle
    • Asphalt

    Rooms

    Laundry:
    • Common Area
    • Laundry Room
    • Lower Level

    Lot & Land

    Acres: 0.11
    Geolocation: 44.912264, -93.313416
    Lot Dimensions: 39 x 127
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $480
    Annual Fuel Expense: $460
    Annual Insurance Expense: $1,500
    Annual Maintenance Expense: None
    Annual Trash Expense: $600
    Annual Water/Sewer Expense: $600
    Tenant Expenses: All Utilities, Cable TV

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,961
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $7,961

    Income

    Annual Gross Income: $35,976

    Rent

    Annual Net Income: $32,336

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    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.
    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!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of RE/MAX Advantage Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.