For Sale: Champlin MLS# 7125826
Active
NEW!
$390,000
Multi-family: Duplex Side by Side
4 br • 2 ba • Built 1978
1,878 sqft • 0.27 acres
Anoka-Hennepin schools
MLS# 7125826
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Quiet cul-de-sac location with convenient access to Highway 169, parks, and trails. Excellent opportunity to own an income-producing duplex in highly sought-after Champlin. One unit has been nicely updated and offers a clean, inviting interior with 2 bedrooms, 1 bathroom, and a 1-car garage. The second unit provides a solid rental opportunity with the same functional 2-bedroom, 1-bath layout. Both units are leased through June 2027, providing immediate rental income and stability for an investor. Recent mechanical updates include newer furnaces and AC units, along with a newer refrigerator and washing machine in Unit 10204. Great opportunity for an investor looking for a well-located duplex with strong long-term potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$390,000
Price per sq ft:
$208
Property Type:
Multi-family
City:
Champlin
Garage Spaces:
2
County:
Hennepin
Year Built:
1978
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55316
Subdivision Name:
Champlin Heights 2nd Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,878 ft2
Living Area:
1,878 ft2
Refrigerators:
Two
Basement Details:
- Daylight/Lookout Windows
- Finished
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
12x25
Garage Size:
576 ft2
Garage Door Height:
7
Garage Door Width:
9
Foundation Size:
1,072 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Concrete
Road Frontage:
- Cul De Sac
- Paved Streets
- Storm Sewer
- Street Lights
Exterior Material:
Block
Pool:
None
Roof Details:
Age Over 8 Years
Rooms
Laundry:
Laundry Closet
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.27
Geolocation:
45.18907, -93.411504
Lot Dimensions:
Irregular
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Irregular Lot
- Tree Coverage - Medium
Farm
Topography:
Level
Schools
School District:
11
District Phone:
7635061000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$5,830
Annual Maintenance Expense:
$1,200
Annual Trash Expense:
$755
Annual Water/Sewer Expense:
$1,535
Tenant Expenses:
Cable TV, Electricity, Gas, Trash Collection
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,612
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,612
Income
Annual Gross Income:
$24,300
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Coldwell Banker Realty - Southwest Regional.
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.