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For Sale:  Minneapolis MLS# 7125901

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Active NEW!
$350,000
/mo Edit
Multi-family:  Duplex Up and Down
7 br • 3 ba • Built 1916
2,712 sqft • 0.12 acres
Minneapolis schools
MLS# 7125901
612-555-5555
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    Property Description

    Very well cared for duplex with additional rental space in basement (this space is technically classified as part of the main floor space). Stable tenants-great rental history-virtually no vacancies in the past 10 years. Updated kitchens, hardwood floors, excellent layout. Enclosed front porch entry/vestibule for first and 2nd floor units. Enclosed front porch entry/laundry room provides access to all 3 floors. Terrific fully fenced in yard-great for kids or pets. Super walkable- 2 blocks to Powderhorn Park and 3 blocks to Mercardo Central and a multitude of other retail.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $350,000
    Price per sq ft: $129
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1916
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55407
    Neighborhood/Area: 64
    Subdivision Name: Tingleys Add

    Interior

    Bedrooms: 7
    Bathrooms: 3
    Finished Area: 2,712 ft2
    Living Area: 2,712 ft2
    Refrigerators: One
    Basement Details:
    • Egress Window(s)
    • Finished
    • Kitchenette
    • Other
    • Single Tenant Access

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 20x20
    Garage Size: 413 ft2
    Foundation Size: 1,056 ft2
    Fencing: Full, Privacy, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • Detached Garage
    • Garage Door Opener
    • Gravel
    Shared Amenities:
    • Common Garden
    • Laundry
    • Other
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Frame
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Pitched

    Rooms

    Shared Rooms: Other
    Laundry:
    • Common Area
    • Electric Dryer Hookup
    • In Hall
    • Laundry Room
    • Main Level
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.12
    Geolocation: 44.947262, -93.257182
    Lot Dimensions: 42 x 122
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $3,946
    Annual Fuel Expense: $1,526
    Annual Insurance Expense: $3,042
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,734
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,524
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,757

    Income

    Annual Gross Income: $47,640

    Rent

    Annual Net Income: $18,975

    Units

    Total Units: 3

    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

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