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For Sale:  Minneapolis MLS# 7022601

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Active NEW!
$295,000
/mo Edit
Multi-family:  2 Stories
3 br • 2 ba • Built 1900
1,440 sqft • 0.09 acres
MLS# 7022601
612-555-5555
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    Property Description

    Welcome to this well-cared-for duplex in the heart of Minneapolis’s vibrant Longfellow neighborhood. Ideally located just off Hwy 55, the property offers easy access to downtown, the University of Minnesota, and several major transit lines, with bus stops just a short walk away. You’re also within minutes of local restaurants, coffee shops, parks, and everyday conveniences, making this a great spot for anyone looking to enjoy an active and connected urban lifestyle. The main level features a bright and spacious one-bedroom unit with a private three-season porch perfect for relaxing or entertaining. The kitchen includes a dedicated pantry area for extra storage, and there is direct access to the basement where shared laundry facilities are located. The upper-level unit offers two bedrooms, a well-appointed kitchen with its own pantry, and a private back balcony that provides a quiet space to enjoy the outdoors. The back main deck is shared. Each unit has a functional layout with thoughtful details and plenty of natural light, making the property comfortable and appealing whether you're living in one unit and renting the other, housing extended family, or simply looking for flexible space. The rear of the property includes a large parking pad that can fit up to three vehicles, an added bonus in this popular city neighborhood. With solid rental potential, a prime location, and a well maintained structure, this duplex offers a rare opportunity for both homeowners seeking additional income and those looking for a versatile living arrangement in one of Minneapolis’s most welcoming communities.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $295,000
    Price per sq ft: $205
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: 2 Stories
    Zip Code: 55406
    Neighborhood/Area: 44
    Subdivision Name: South Side Add

    Interior

    Bedrooms: 3
    Bathrooms: 2
    Finished Area: 1,440 ft2
    Living Area: 1,440 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Partial

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 720 ft2
    Fencing: Chain Link, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Ductless Mini-Split
    • Forced Air
    Parking Features: Other
    Shared Amenities:
    • Deck
    • Porch
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Roof Details:
    • Age 8 Years or Less
    • Pitched

    Rooms

    Laundry:
    • Common Area
    • In Basement
    • Sink

    Lot & Land

    Acres: 0.09
    Geolocation: 44.948967, -93.228013
    Lot Dimensions: 32 x 125
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: $1
    Annual Electric Expense: $1
    Annual Fuel Expense: $1
    Annual Insurance Expense: $1
    Annual Maintenance Expense: $1
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: $1
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,976
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,976

    Income

    Annual Gross Income: $30,000

    Rent

    Annual Net Income: $1

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