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$549,900
/mo Edit
Multi-family:  Duplex Side by Side
6 br • 4 ba • Built 1964
3,400 sqft • 0.34 acres
St. Anthony-New Brighton schools
MLS# 7151741
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    Property Description

    Great opportunity to own a well-maintained side-by-side duplex in the highly desirable St. Anthony Park neighborhood! This solid multifamily property offers an ideal combination of rental income, flexibility, and location, making it an attractive option for both investors and owner-occupants. The property features two separate units, each offering its own private living space and the convenience of side-by-side living. One unit is currently leased through June 2027 at $2, 228 per month, providing an established tenant and dependable income for the new owner. The second unit is currently vacant and most recently rented for $2, 295 per month, giving the new owner the flexibility to move in, begin leasing immediately, or use the vacant unit as an opportunity to update or customize the space. The sellers have enjoyed a strong rental history with the property, and this duplex has proven to be a great investment over the years. With the two units capable of generating over $4, 500 per month when both are rented at their recent rental rates, there is excellent income potential for a new owner. Located in the popular St. Anthony Park neighborhood, this property offers easy access to both Minneapolis and St. Paul, along with nearby shopping, restaurants, parks, schools, and major roadways. St. Anthony Park is known for its established residential setting, convenient location, and strong appeal to renters and homeowners alike. Whether you're an investor looking to add a solid duplex to your portfolio or an owner-occupant looking to offset your housing costs with rental income, this is a fantastic opportunity. Live in one side and rent the other, rent both units, or take advantage of the currently vacant unit to make the property your own. A proven rental property in a sought-after location with immediate flexibility. Come see today!

    Listing

    Contingency: None
    Price per sq ft: $162
    City: Saint Anthony
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55418
    Subdivision Name: Clarke & Kings Garden Tracts

    Interior

    Living Area: 3,400 ft2
    Refrigerators: Two
    Basement Details:
    • Finished
    • Partially Finished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 20x22
    Garage Size: 440 ft2
    Foundation Size: 2,120 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    Road Frontage: City Street
    Pool: None
    Roof Details: Asphalt

    Rooms

    Laundry:
    • In Basement
    • Laundry Room
    • Lower Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.34
    Geolocation: 45.0355, -93.224078
    Lot Dimensions: 127 x 118
    Zoning: Residential-Multi-Family

    Schools

    School District: 282
    District Phone: 6127061000

    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

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $10,097
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,332

    Income

    Annual Gross Income: $47,898

    Units

    Total Units: 2

    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.
    Connect with Eric today to get started with your home purchase!

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.