For Sale: Minneapolis MLS# 7160857
Active
NEW!
$289,900
Multi-family: Duplex Side by Side
4 br • 2 ba • Built 1948
1,568 sqft • 0.148 acres
Minneapolis schools
MLS# 7160857
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Property Description
Excellent cash flow with this side-by-side two-story duplex. Recent updates include interior paint throughout, remodeled bathrooms, one fully remodeled kitchen, refinished floors throughout, new LVP in the south unit, and fresh exterior paint. Both units are vacant and ready for new renters or owner occupancy.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$289,900
Price per sq ft:
$185
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1948
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55430
Neighborhood/Area:
41
Subdivision Name:
Jenny Lind Homes Tr 1
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,568 ft2
Living Area:
1,568 ft2
Refrigerators:
Two
Basement Details:
- Block
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
200 ft2
Foundation Size:
768 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached Garage
Road Frontage:
City Street
Exterior Material:
- Block
- Concrete
Roof Details:
- Age Over 8 Years
- Asphalt
Rooms
Laundry:
- In Basement
- In Unit
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.148
Geolocation:
45.047102, -93.287273
Lot Dimensions:
50 x 129
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,000
Annual Maintenance Expense:
None
Annual Trash Expense:
$1,200
Annual Water/Sewer Expense:
$1,200
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,848
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$8,156
Income
Annual Gross Income:
$36,000
Rent
Annual Net Income:
$25,752
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 RE/MAX Results.
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.