For Sale: Minneapolis MLS# 7139419
Active
$557,000
Multi-family: Duplex Side by Side
5 br • 3 ba • Built 1947
2,695 sqft • 0.14 acres
Minneapolis schools
MLS# 7139419
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Property Description
Own two homes in one compelling South Minneapolis location. This stone-front side-by-side duplex offers two leased residences today and the possibility of living in one while renting the other when the existing leases allow. Wood floors, comfortable living spaces and practical kitchens give each home everyday appeal. At 5923, an arched opening connects the living and dining rooms, with a lower-level family room for more space to spread out. Outside, the pergola-covered patio, lawn and garden beds offer room to relax, play and grill; a detached two-stall garage adds parking and storage. Kowalski’s is up Chicago Avenue, with Diamond Lake, Pearl Park and Minnehaha Creek nearby. It’s a property a buyer can hold as a rental or make part of their own South Minneapolis life.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$557,000
Price per sq ft:
$207
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1947
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55417
Neighborhood/Area:
17
Subdivision Name:
Diamond Lake Terrace
Interior
Bedrooms:
5
Bathrooms:
3
Finished Area:
2,695 ft2
Living Area:
2,695 ft2
Refrigerators:
One Per Unit, Two
Basement Details:
- Block
- Daylight/Lookout Windows
- Partially Finished
- Single Tenant Access
Exterior
Stories:
One and One Half
Garage Spaces:
2
Garage Dimensions:
20 x 18
Garage Size:
360 ft2
Garage Door Height:
7
Garage Door Width:
6
Foundation Size:
1,620 ft2
Fencing:
Partial, Privacy, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Fireplace(s)
- Forced Air
Parking Features:
- Assigned
- Concrete
- Detached Garage
- Garage Door Opener
- Shared Garage/Stall
Shared Amenities:
Other
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Frame
Pool:
None
Roof Details:
Asphalt
Rooms
Laundry:
- Gas Dryer Hookup
- In Basement
- Washer Hookup
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.14
Geolocation:
44.895265, -93.262443
Lot Dimensions:
51 x 118
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
1
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:
Broadband, Cable TV, Electricity, Fuel, Heat
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,508
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,508
Income
Annual Gross Income:
$49,080
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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 Lakes Area Realty.
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.