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Active NEW!
$625,000
/mo Edit
Multi-family:  Apartments
6 br • 4 ba • Built 1900
2,068 sqft • 0.13 acres
Minneapolis schools
MLS# 7108713
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    Property Description

    3 doors on one parcel. Single family 2 bed 2 bath sits up front and is currently rented at $1405/mo Market rent is $1900. Lease expires 8/27/26. Duplex on the back of the lot is 2 bed 1 bath up. Market rent $1650. 2 bed 1 bath down. Market rent is $1600. Both occupied until end of August. Set up for immediate owner occupant in Single family or the duplex. Nice homes with cosmetic updates.

    Listing

    Contingency: None
    Price per sq ft: $302
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Apartments
    Zip Code: 55454
    Neighborhood/Area: 10

    Interior

    Living Area: 2,068 ft2
    Refrigerators: Three
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,267 ft2
    Foundation Dimensions: 28X45
    Handicap Accessible: None
    Heating System: Hot Water
    Shared Amenities: Porch
    Road Frontage: City Street
    Roof Details: Asphalt

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.13
    Geolocation: 44.9661216663, -93.2341326738
    Lot Dimensions: 37 x 153
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: $900
    Annual Electric Expense: None
    Annual Fuel Expense: $2,263
    Annual Insurance Expense: $1,333
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,317
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,080
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,080

    Income

    Annual Gross Income: $33,540

    Rent

    Annual Net Income: $25,765

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    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.
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