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Active
$440,000
/mo Edit
Multi-family:  Duplex Side by Side
6 br • 2 ba • Built 1900
2,550 sqft • 0.19 acres
Minneapolis schools
MLS# 7151708
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    Property Description

    Northeast Minneapolis side by side duplex - great location and a fantastic opportunity! Perfect for an owner occupant: one side has been thoroughly updated, live in the other while you put some sweat equity into it. Each unit features 3 bedrooms (1 main, 2 up), 1 full bath, living room, laundry (free!), front and back porches and good sized kitchens. Both units are currently vacant – don’t worry about inheriting bad tenants. Maintenance free vinyl exterior, huge fully fenced back yard with patio. 2 car garage + off-street parking. 2 electrical panels, 2 furnaces, 2 water heaters, 2 refrigerators, 2 stoves, 2 exhaust fans, 1 microwave, 1 dishwasher and 1 central air unit. Walk / bike to restaurants, shops, bars, schools, and parks. A lot of space (inside and out) for a great price.

    Listing

    Contingency: None
    Price per sq ft: $173
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55418
    Neighborhood/Area: 2
    Subdivision Name: Menages Sup To East Side Add

    Interior

    Living Area: 2,550 ft2
    Refrigerators: Two
    Basement Details: Partial

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 480 ft2
    Foundation Size: 1,627 ft2
    Fencing: Full, Privacy
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • Gravel
    Shared Amenities:
    • Patio
    • Porch
    Road Frontage:
    • City Street
    • Curbs
    • Sidewalks
    Roof Details: Asphalt

    Rooms

    Laundry:
    • In Unit
    • Main Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.19
    Geolocation: 45.01432, -93.245056
    Lot Dimensions: 46 x 182
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,892
    Annual Maintenance Expense: None
    Annual Trash Expense: $960
    Annual Water/Sewer Expense: $1,920
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,534
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,534

    Income

    Annual Gross Income: $43,200
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $36,428

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    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!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.