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For Sale:  Minneapolis MLS# 6775924

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Active
$474,900
/mo Edit
Multi-family:  More Than 2 Stories
6 br • 2 ba • Built 1912
3,427 sqft • 0.17 acres
MLS# 6775924
612-201-2213
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    Property Description

    Amazing 1912 large duplex with available to finish third level space. Huge basement for storage. Off Street Parking. 100% occupied for years, current owners have kept rent below market for ease of occupancy. Both units recently vacant, owners have been doing some refresh, paint, landscaping, etc. Improvements over the years have been refinished all wood flooring and new back decks (2003), furnace unit 1(2025), furnace unit 2 (2007), new H20 (2021), Roof (2022), New Electronic Lock System (2011). Many value adds available in several areas such as unfinished 3rd level, etc. Close to bus line, entertainments and more! Easy to show!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $474,900
    Price per sq ft: $139
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1912
    State: MN
    Property Style: More Than 2 Stories
    Zip Code: 55404
    Neighborhood/Area: 84
    Subdivision Name: J T Blaisdells Rev Add

    Interior

    Bedrooms: 6
    Bathrooms: 2
    Finished Area: 3,427 ft2
    Living Area: 3,427 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 1,736 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Open
    Shared Amenities:
    • Coin-op Laundry Owned
    • Deck
    • Laundry
    Road Frontage: City Street
    Exterior Material: Concrete
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    Laundry:
    • Common Area
    • In Basement

    Lot & Land

    Acres: 0.17
    Geolocation: 44.962107, -93.282441
    Lot Dimensions: 44 x 165
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,500
    Annual Fuel Expense: $3,886
    Annual Insurance Expense: $4,041
    Annual Maintenance Expense: $2,200
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,073

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,498
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,927

    Income

    Annual Gross Income: $44,280
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $30,230

    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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.