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For Sale:  Minneapolis MLS# 7126770

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Active NEW!
$449,900
/mo Edit
Multi-family:  Duplex Up and Down
5 br • 2 ba • Built 1900
2,226 sqft • 0.11 acres
Minneapolis schools
MLS# 7126770
763-576-8286
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    Property Description

    Excellent investment or owner-occupant opportunity in a premier Northeast Minneapolis neighborhood! This beautifully updated (and maintenance-free) up/down duplex offers a total of 5 bedrooms and 2 full bathrooms, making it a must-see rental property or a perfect option to offset your own living expenses. The comfortable main-level unit (Unit 1) features 3 bedrooms, a full bathroom, a fully equipped kitchen, and the convenience of its own dedicated washer/dryer. The upper unit (Unit 2) offers 2 bedrooms, a full bathroom, a generous living area, a large kitchen/dining space, and its own private washer/dryer as well. Outside, tenants can enjoy a quaint backyard space featuring an inviting patio. Situated in a prime, highly walkable location, this property provides effortless access to highways, public transportation, parks, shops, and a pharmacy, while being just steps away from local favorites like restaurants, breweries, and the food co-op. Includes three (3) off-street parking spaces .

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $449,900
    Price per sq ft: $202
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: 2
    Subdivision Name: Penney & Barbers Sub Gale Hamlin Out

    Interior

    Bedrooms: 5
    Bathrooms: 2
    Finished Area: 2,226 ft2
    Living Area: 2,226 ft2
    Refrigerators: Two
    Basement Details: Partial

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 660 ft2
    Fencing: Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Paved Lot
    Road Frontage: City Street
    Roof Details:
    • Architectural Shingle
    • Pitched

    Rooms

    Laundry:
    • In Unit
    • Main Level
    • Upper Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.11
    Geolocation: 45.0137393769, -93.2419641951
    Lot Dimensions: 37 x 128
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    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: Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,451
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,451

    Income

    Annual Gross Income: $37,080

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    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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    Listing provided by RMLS, courtesy of RE/MAX Advantage Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.