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Active
$334,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1910
2,259 sqft • 0.11 acres
Minneapolis schools
MLS# 6766122
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    Property Description

    Classic Victorian style Duplex. Exceptional investment opportunity: Well-maintained duplex featuring hardwood flrs and original woodwork and Spacious unfinished third level expansion area. Two car garage. Prime Minneapolis location minutes from downtown. Perfect for investors seeking steady rental income or owner-occupants looking to offset mortgage costs with rental revenue. Each unit has separate utilities. Currently, one unit is rented at market rate, and the other unit is ready for an owner-occupant or for you to place your own tenant. An ideal blend of Classic design, location and income makes this duplex a compelling property.

    Listing

    Contingency: None
    Price per sq ft: $148
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55411
    Neighborhood/Area: Hawthorne
    Subdivision Name: The Oakland Add

    Interior

    Living Area: 2,259 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 18x25
    Garage Size: 450 ft2
    Garage Door Width: 16
    Foundation Size: 1,250 ft2
    Foundation Dimensions: 25x46
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Gravel
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.11
    Geolocation: 45.011957, -93.289455
    Lot Dimensions: 40.00 X 120.00
    Zoning: Residential-Multi-Family
    Lot Description: Some Trees

    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: $1,600
    Annual Maintenance Expense: None
    Annual Gross Expense: $4,200
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $4,200
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,669
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,669

    Income

    Annual Gross Income: $15,000
    Misc. Annual Income: None
    Misc. Monthly Income: None

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