For Sale: Minneapolis MLS# 6729191
Active
$275,000
Multi-family: Duplex Up and Down
Built 1906
1,988 sqft • 0.12 acres
Minneapolis schools
MLS# 6729191
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Property Description
Rare Up/Down Duplex Near It All – Ideal for Investors or Owner-Occupants! Don’t miss this exceptional opportunity to own a rarely available 2.5-story up/down duplex in a prime location close to everything! The upper-level unit is currently leased through April 30, 2024, providing immediate rental income. The spacious main-level unit, intentionally left vacant, is perfect for an owner-occupant ready to add their personal touch with a little TLC. This bright and airy 2-bedroom unit offers abundant natural light and functional living space.Upstairs, the unique 2-level upper unit features 3 bedrooms, 2 bathrooms, a living room, a kitchen, and a cozy den—beautifully updated for modern living. Whether you're looking to live in one unit and rent the other, or add to your investment portfolio, this property offers flexibility and strong potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$275,000
Price per sq ft:
$138
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1906
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55408
Neighborhood/Area:
Central
Interior
Finished Area:
1,988 ft2
Living Area:
1,988 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
864 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Hot Water
Parking Features:
Open
Road Frontage:
City Street
Exterior Material:
Wood Siding
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.12
Geolocation:
44.942168, -93.269316
Lot Dimensions:
40 x 130
Zoning:
Residential-Multi-Family
Lot Description:
Many Trees
Farm
Topography:
Level
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:
Cable TV, Electricity, Fuel, Sewer, Trash Collection
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,290
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,290
Income
Annual Gross Income:
$30,180
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Professionals.
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.