For Sale: Minneapolis MLS# 7104788
Active
$435,000
Multi-family: Duplex Up and Down
4 br • 3 ba • Built 1916
1,554 sqft • 0.13 acres
Minneapolis schools
MLS# 7104788
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Property Description
Some people buy a home to have a place to live. Others buy a home to change their financial trajectory. This duplex in Northeast Minneapolis' Holland neighborhood was built for the second kind of buyer.
For 110 years, this property has had only three owners — each one living in it, maintaining it, investing in it. That kind of care doesn't happen by accident. It happens when someone believes a home is worth taking care of, not just occupying.
The current owner carried that belief forward: new electrical throughout, an updated boiler, and structural work on the back deck and patio to make sure it's built to last another century.
But the real opportunity here isn't what's already done — it's what's next. Live in one unit, rent the other, and let your tenant cover the mortgage. The unfinished attic in the upper unit is ready to become a bedroom, bath, loft, or home office. The basement already has a 3/4 bath and ceiling height tall enough to finish out completely, with real potential to convert this duplex into a triplex down the road. And the concrete parking pad out back is sitting there, waiting for a two-car garage that would add even more value.
Steps from the breweries, coffee shops, art galleries, and parks that make Northeast Minneapolis one of the most walkable, community-driven pockets of the city — this isn't just a duplex. It's a way to own your housing costs instead of renting your life away.
Three owners have already proven this home is worth investing in. The next chapter is yours to write.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$435,000
Price per sq ft:
$280
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1916
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55418
Neighborhood/Area:
33
Subdivision Name:
Leavitts Add
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
1,554 ft2
Living Area:
1,554 ft2
Refrigerators:
Two
Basement Details:
- Full
- Partially Finished
- Storage Space
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
777 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Concrete
- Open
- Paved Lot
- Unassigned
Shared Amenities:
- Deck
- Laundry
- Porch
Road Frontage:
- Curbs
- Paved Streets
- Sidewalks
- Street Lights
Exterior Material:
- Block
- Brick
- Concrete
Pool:
None
Roof Details:
Asphalt
Rooms
Laundry:
- Common Area
- In Basement
- Laundry Room
- Lower Level
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.13
Geolocation:
45.014445, -93.255876
Lot Dimensions:
123 x 46
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$400
Annual Fuel Expense:
$200
Annual Insurance Expense:
$3,993
Annual Maintenance Expense:
$500
Annual Trash Expense:
$528
Annual Water/Sewer Expense:
$528
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,909
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,909
Income
Annual Gross Income:
$21,600
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
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!
Listing provided by RMLS,
courtesy of eXp 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.