For Sale: Minneapolis MLS# 6722717
Active Contingent
NEW!
$512,500
Multi-family: Duplex Up and Down
Built 1900
2,800 sqft • 0.14 acres
Minneapolis schools
MLS# 6722717
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Property Description
Prime Investment Opportunity in Lyn-Lake – Renovated Duplex!
Located in the heart of Minneapolis’ vibrant Lyn-Lake neighborhood, this fully renovated duplex is a
must-see for investors or owner-occupants! The property features two beautifully updated units: a
spacious 3-bedroom and a comfortable 2-bedroom, each thoughtfully upgraded with modern kitchens boasting
new cabinets, granite countertops, and stainless-steel appliances.
Both units also feature updated bathrooms, along with newer furnaces and central A/C for year-round
comfort. The property offers exceptional convenience with a three-car garage and a large concrete
driveway, providing ample off-street parking.
Close to restaurants, shops, and public transit, this turn-key investment is ready to generate strong
rental income. Don’t miss this incredible opportunity—schedule your showing today!
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$512,500
Price per sq ft:
$183
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55408
Neighborhood/Area:
Lyndale
Subdivision Name:
Motor Line Add
Interior
Finished Area:
2,800 ft2
Living Area:
2,800 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
Partial
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
3
Garage Size:
480 ft2
Foundation Size:
1,200 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached
Shared Amenities:
- Coin-op Laundry Owned
- Laundry
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
Architectural Shingle
Lot & Land
Acres:
0.14
Geolocation:
44.947557, -93.285925
Lot Dimensions:
129 x 46
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:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,448
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,448
Income
Annual Gross Income:
$49,200
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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This amortization schedule shows how much of your monthly payment will go towards the principle and how
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| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of LPT Realty, LLC.
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.