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For Sale:  Minneapolis MLS# 6806056

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Active NEW!
$399,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1990
2,376 sqft • 0.06 acres
Minneapolis schools
MLS# 6806056
612-940-7426
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    Property Description

    Incredible Investment Opportunity! Very Clean Duplex! Very Close to the University of MN! Multiple Restaurants, Breweries, Shopping, and Easy Access to the Freeway! Both Units are 3 Bedroom, 1 Bathroom, with a Kitchen, Dining, and Living Room. Total of 6 Bedrooms and 2 Bathrooms. The Lower Level has Been Completely Renovated, Including New Kitchen Cabinetry, New Vinyl Plank Flooring, New Bathroom Vanity, New Carpet, and a New A/C Unit. The Updates on the Upper Level Include New Carpeting 4 Years Ago, New Paint, New Bathroom Vanity, and New Kitchen Flooring.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $399,900
    Price per sq ft: $168
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1990
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55414
    Neighborhood/Area: Marcy Holmes
    Subdivision Name: Clara E Fuller Add

    Interior

    Finished Area: 2,376 ft2
    Living Area: 2,376 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Daylight/Lookout Windows
    • Finished
    • Full

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 0
    Foundation Size: 1,188 ft2
    Fencing: Partial, Privacy, Wood
    Handicap Accessible: None
    Road Responsibility: Association Maintained Road, Public Maintained Road
    Heating System: Radiant
    Parking Features:
    • Asphalt
    • Parking Lot
    • Paved
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Private Road
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Vinyl Siding
    Roof Details:
    • Architectural Shingle
    • Asphalt
    • Pitched

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.06
    Geolocation: 44.988381, -93.238571
    Lot Dimensions: 38 x 73 x 40 x 65
    Zoning: Residential-Multi-Family
    Lot Description: Many Trees

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $900
    Annual Maintenance Expense: None
    Annual Gross Expense: $7,500
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,400
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,404
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,404

    Income

    Annual Gross Income: $42,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    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 Chestnut Realty Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.