For Sale: Minneapolis MLS# 6792433
Active
NEW!
$299,900
Multi-family: Duplex Up and Down
Built 1902
1,384 sqft • 0.13 acres
Minneapolis schools
MLS# 6792433
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Property Description
Well-maintained duplex in South Minneapolis with strong rental history. This property features an updated kitchen in the upper level. Newer water heaters add efficiency and peace of mind. Detached garage plus off-street parking for convenience . Great opportunity for investors or owner-occupants. Prime location near Powderhorn Park, Minnehaha Creek, and city trail systems. Public transportation is steps away on both Bloomington and 38th Street. Close to shopping, dining, and other amenities. Easy access to downtown, Uptown, and major employers. Enjoy nearby coffee shops, restaurants, and neighborhood businesses. Proven rental income with makes this a turnkey investment. Live in one unit and rent the other, or expand your portfolio with a solid Minneapolis property. Updates, location, and long-term value all come together here. Don’t miss this income-producing duplex in a vibrant community with parks, recreation, and convenience at your doorstep.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$299,900
Price per sq ft:
$217
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
1
County:
Hennepin
Year Built:
1902
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55407
Neighborhood/Area:
Bancroft
Subdivision Name:
Monroe Bros Sub Of Lts Herrick Haml
Interior
Finished Area:
1,384 ft2
Living Area:
1,384 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
1
Garage Size:
240 ft2
Foundation Size:
734 ft2
Fencing:
Chain Link, Partial
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
Asphalt
Lot & Land
Acres:
0.13
Geolocation:
44.933087, -93.252004
Lot Dimensions:
46 x 122
Zoning:
Residential-Multi-Family
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:
$1,200
Annual Maintenance Expense:
None
Annual Gross Expense:
$8,650
Annual Trash Expense:
$960
Annual Water/Sewer Expense:
$1,580
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,908
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,908
Income
Annual Gross Income:
$30,480
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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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!
Listing provided by RMLS,
courtesy of Integrity Real Estate Group.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.