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For Sale:  Minneapolis MLS# 6805709

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Active Contingent
$465,000
/mo Edit
Multi-family:  2 Stories
7 br • 2 ba • Built 1907
2,824 sqft • 0.14 acres
MLS# 6805709
763-576-8286
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    Property Description

    This multi-family property offers a compelling opportunity in the heart of Minneapolis. The building includes seven bedrooms and two full bathrooms—ideal for investors or homeowners seeking additional rental income. Whether you're looking to expand your rental portfolio or live in one unit and lease the other, this building has the footprint and layout to support a variety of uses. The property features a private driveway and includes two garage spaces, easing the challenge of parking in a lively urban neighborhood. Though it’s in need of some rehabilitation, this “diamond in the rough” holds strong potential for value-added improvements. This property is a rare find for those with vision. Whether you’re an investor or someone handy with a paintbrush and a dream, now’s the time to turn this opportunity into something remarkable. Bring your ideas, creativity, and make it your own!

    Listing

    Listing Status: Active Contingent
    Contingency: Third Party Approval
    List Price: $465,000
    Price per sq ft: $165
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1907
    State: MN
    Property Style: 2 Stories
    Zip Code: 55408
    Neighborhood/Area: 47
    Subdivision Name: Windoms Add

    Interior

    Bedrooms: 7
    Bathrooms: 2
    Finished Area: 2,824 ft2
    Living Area: 2,824 ft2
    Refrigerators: Two
    Basement Details:
    • Egress Window(s)
    • Partially Finished
    • Shared Access

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,062 ft2
    Fencing: Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    Road Frontage: City Street
    Exterior Material: Block
    Roof Details: Asphalt

    Rooms

    Laundry: In Basement

    Lot & Land

    Acres: 0.14
    Geolocation: 44.95141, -93.292259
    Lot Dimensions: 48 x 128.5
    Lot Description: Tree Coverage - Light

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,317
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,317

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 2

    Miscellaneous

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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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 National Realty Guild.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.