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For Sale:  Minneapolis MLS# 7085401

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Active NEW!
$325,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1911
2,064 sqft • 0.1 acres
Minneapolis schools
MLS# 7085401
763-576-8286
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    Property Description

    Fantastic opportunity to own a well-maintained up/down duplex in the Central neighborhood of South Minneapolis. Each unit offers 2 bedrooms and 1 bathroom, creating strong rental appeal and flexible living options. This duplex has appeal for both investors seeking steady income potential or for owner-occupant buyers looking to offset your mortgage with the rental income. The separate boilers, electric, and water heaters provide clear separation of utilities for both owner-occupants and investor as well. Conveniently located near parks, restaurants, shopping, public transit, and major commuter routes, this property offers easy access to downtown Minneapolis and all the amenities that make South Minneapolis a desirable place to live. Whether you're purchasing your first investment property or looking for a smarter way to own a home, this duplex presents an exceptional opportunity.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $325,000
    Price per sq ft: $157
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 1911
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55407
    Neighborhood/Area: 11
    Subdivision Name: Veazie Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 2,064 ft2
    Living Area: 2,064 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Single Tenant Access
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Size: 200 ft2
    Foundation Size: 1,032 ft2
    Foundation Dimensions: 24x43
    Fencing: Chain Link
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • Detached Garage
    • Gravel

    Rooms

    Laundry: In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.1
    Geolocation: 44.937529, -93.266138
    Lot Dimensions: 39 x 110 x 39 x 110
    Lot Description: Corner Lot

    Schools

    School District: 1
    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
    Tenant Expenses: Broadband, Cable TV, Electricity, Gas, Heat

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,362
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,362

    Income

    Annual Gross 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

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