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Active New Const
$675,000
/mo Edit
Multi-family:  Duplex Other
Built 2024
2,800 sqft • 0.1 acres
Minneapolis schools
MLS# 6657670
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    Property Description

    Located just two blocks from the Minneapolis Institute of Art and blocks from Eat Street’s vibrant dining scene, with easy access to I-94, I-35W, Lake of the Isles, and downtown Minneapolis, this is a rare opportunity in an unbeatable urban location. Rare, new construction that is located in a historic district. Unique and thoughtful custom designed front/back duplex. Live in one side, rent one out or own a premier rental property with little maintenance. 2 individual units, each unit offering a modern, low-maintenance lifestyle, with additional investment potential. Both units feature an open-concept layout, sleek finishes, stainless steel appliances, and a quartz center island. Set up is ideal for everyday living and entertaining. Thoughtfully designed with 2 generous bedrooms on the second level of each along w/ full bath, laundry & walk-in closets. Additional main-level 3/4 bathroom offers a 2nd shower for the unit. Large windows that allow the space to fill with natural light. Central air, separate utilities, and a large two-car garage round out the essentials.

    Listing

    Contingency: None
    Price per sq ft: $241
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Other
    Zip Code: 55404
    Neighborhood/Area: Whittier
    Subdivision Name: Geo Galpins Add

    Interior

    Living Area: 2,800 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 21x24
    Garage Size: 504 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 1,400 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Detached
    Shared Amenities: None
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Fiber Cement
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.1
    Geolocation: 44.957022, -93.276207
    Lot Dimensions: 126 x 34
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    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: $2,400
    Annual Maintenance Expense: None
    Annual Gross Expense: $120,000
    Annual Trash Expense: $600
    Annual Water/Sewer Expense: $2,400
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,184
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,184

    Income

    Annual Gross Income: $60,000

    Units

    Total Units: 2

    Miscellaneous

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

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