For Sale: Minneapolis MLS# 6704425
Active
$475,000
Multi-family: Duplex Up and Down
Built 1900
3,203 sqft • 0.13 acres
Minneapolis schools
MLS# 6704425
Open House
11a - 1p
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Property Description
1414 Grand is a spacious and well-maintained two-unit property offering thoughtfully designed living areas that appeal to quality tenants and long-term investors alike. The upper unit features a remodeled kitchen (2019) with custom cabinets, luxurious granite countertops, and stainless steel appliances, along with a finished attic space that adds extra versatility. The lower unit impresses with an expansive layout, including a generous primary suite with ensuite bath, skylights, a bar area, and stainless steel appliances.
Recent upgrades include a new roof and gutters in 2023, and one of the water heaters was replaced in 2018. Both units offer ample storage, and the home is equipped with forced air—making it easy to add central air in the future. Two window A/C units will remain with the property for added comfort.
Located in the heart of the sought-after NE Arts District, this property is just steps from vibrant dining, cultural venues, and entertainment. With proximity to the Mississippi River and a network of walking and biking trails, plus quick access to Downtown, this is a rare opportunity to own a turn-key duplex in one of Minneapolis’ most dynamic neighborhoods.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$475,000
Price per sq ft:
$148
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55413
Neighborhood/Area:
Sheridan
Subdivision Name:
Traders Add To St Anthony
Interior
Finished Area:
3,203 ft2
Living Area:
3,203 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
Crawl Space
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
1,508 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Driveway - Other Surface
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.13
Geolocation:
45.002018, -93.270076
Lot Dimensions:
33 x 168
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:
$2,400
Annual Maintenance Expense:
$600
Annual Gross Expense:
None
Annual Trash Expense:
$780
Annual Water/Sewer Expense:
$1,440
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,590
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,590
Income
Annual Gross Income:
$48,300
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.