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For Sale:  Minneapolis MLS# 6804012

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Active NEW!
$625,000
/mo Edit
Multi-family:  Four Plex
Built 1925
4,012 sqft • 0.15 acres
Minneapolis schools
MLS# 6804012
612-201-2213
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    Property Description

    A rare and well-maintained 1920's classix 4-plex in the heart of South Minneapolis. Overlooking Phelps park, the building blends historic character and charm, with modern amenities. Each unit has 2 bedrooms and 1 full bath and 1 attached garage stall. There is shared laundry in the basement as well as a shared rooftop deck at the rear of the building. storage locker per unit. Seller is ready to pass the torch~ a great opportunity for owner-occupied or investor. See MLS supplements for investment information. Interior photos coming Nov. 4th

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $625,000
    Price per sq ft: $156
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 4
    County: Hennepin
    Year Built: 1925
    State: MN
    Property Style: Four Plex
    Zip Code: 55407
    Neighborhood/Area: Bancroft
    Subdivision Name: Chicago Ave Park

    Interior

    Finished Area: 4,012 ft2
    Living Area: 4,012 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details:
    • Full
    • Shared Access
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 4
    Foundation Size: 2,703 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Radiator(s)
    Parking Features:
    • Assigned
    • Attached Garage
    • Concrete
    Shared Amenities:
    • Coin-op Laundry Owned
    • Deck
    • Laundry
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.15
    Geolocation: 44.931743, -93.262106
    Lot Dimensions: 53 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: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,674
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,670

    Income

    Annual Gross Income: None

    Units

    Total Units: 4

    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.