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Active
$1,495,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1922
6,599 sqft • 0.18 acres
Minneapolis schools
MLS# 6673173
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         1p - 2:30p
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    Property Description

    Welcome to a rare opportunity, for this grand duplex (or potentially triplex), steps to Lake of the Isles. This spacious, light-filled duplex offers an unbeatable blend of luxury, flexibility, and income potential. Fabulous owner-occupied with rental income, multi-generational, or investment opportunity. Main-level is a large, 3 Bedroom, 2 bath, 2, 637 sq. ft unit and lives more like a single- family home. It has incredibly generous living spaces, hardwood floors, beautiful architectural details, tons of windows and natural light, gas fireplace and inviting, open flow. Fully remodeled, center island kitchen with granite counters, tile backsplash and stainless-steel appliances. Primary suite includes office/sitting area and renovated ¾ bath with heated floors. In-unit laundry. Large patio space on the west side of the house. Upper-level unit (2nd floor) has 3 bedrooms, 2 bathrooms, 2, 637 sq. ft.- it is a mirror image of the floor plan of the main level unit. It also has large living spaces, tons of windows, natural light, beautiful architectural details, gas fireplace, in-unit laundry. Private deck off the kitchen. Third floor has 1, 325 sq. ft, two additional bedrooms, full bathroom, beautiful large, family room with terrazzo floors. Lots of closets and storage. This space is currently used as additional living space for the 2nd floor unit. However, it can easily be locked off with a separate entrance and could be a third unit or AirBnB, ideal for generating rental income or hosting extended family. So many options! Four car tuck under garage, two tandem spaces for each unit. The newly paved, oversized driveway offers more than just parking—it's been a play space for pickleball, whiffle ball, basketball and other outdoor fun. Clean lower level with great storage and shared workout room. Updated mechanicals. Forced air heat and central air in both units. Amazing location, steps to Lake of the Isles, close to restaurants, coffee shops, shopping, walking paths, and trails.

    Listing

    Contingency: None
    Price per sq ft: $227
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55405
    Neighborhood/Area: East Isles
    Subdivision Name: Lake Of The Isles Add

    Interior

    Living Area: 6,599 ft2
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 4
    Garage Size: 816 ft2
    Garage Door Height: 8
    Garage Door Width: 8
    Foundation Size: 2,637 ft2
    Handicap Accessible: None
    Heating System:
    • Ductless Mini-Split
    • Forced Air
    Parking Features:
    • Attached Garage
    • Tandem
    • Tuckunder Garage
    Exterior Material: Stucco
    Roof Details: Age 8 Years or Less

    Rooms

    Shared Rooms:
    • Exercise Room
    • Other

    Lot & Land

    Acres: 0.18
    Geolocation: 44.957508, -93.300986
    Lot Dimensions: 50 x 155

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas, Trash Collection

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $20,506
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $20,506

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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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.