Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  Minneapolis MLS# 7085585

My notes for this property


Add listing to my favorites (required)
Active NEW!
$524,900
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 3 ba • Built 1961
2,286 sqft • 0.11 acres
Minneapolis schools
MLS# 7085585
763-576-8286
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Rare opportunity to own a beautifully renovated 1961 Northeast duplex near Stinson Parkway offering single-family lifestyle comfort with significantly lower monthly costs. Live in the spacious main-floor unit featuring an attached two-car garage and a finished lower-level family room with a ¾ bath, while offsetting your mortgage with approximately $1, 850/month from the fully updated, two-bedroom upper unit. Both spaces feature separate utilities, two bedrooms, charming living room bow windows, and modern upgrades throughout. Enjoy fully renovated kitchens with granite countertops, stainless steel appliances, and soft-close cabinets, alongside three stylishly updated bathrooms with tile flooring and proper ventilation. High-value mechanical updates include newer furnaces, central air for both units, mostly newer windows, and two 100-amp electrical panels with no knob-and-tube wiring. Complete with off-street parking for up to six vehicles, this move-in-ready property is an exceptional owner-occupant or investment opportunity, with the seller open to Contract for Deed terms (20% down, 2-year balloon at 6%).

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $524,900
    Price per sq ft: $230
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1961
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: 87
    Subdivision Name: Auditors Sub 228

    Interior

    Bedrooms: 4
    Bathrooms: 3
    Finished Area: 2,286 ft2
    Living Area: 2,286 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Finished
    • Single Tenant Access
    • Tile Shower

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 22x20
    Garage Size: 440 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 912 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    • Electric
    • Garage Door Opener
    Shared Amenities: Laundry
    Road Frontage: City Street

    Rooms

    Laundry:
    • Common Area
    • Lower Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.11
    Geolocation: 45.010322, -93.232392
    Lot Dimensions: 40 x 122
    Zoning: Residential-Multi-Family

    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, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,185
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,185

    Income

    Annual Gross Income: $49,200
    Misc. Annual Income: None
    Misc. Monthly 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
    Power Company Name: Xcel Energy

    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!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of RE/MAX Advantage Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.