For Sale: Minneapolis MLS# 7009564
Active
NEW!
$250,000
Multi-family: 2 Stories
6 br • 2 ba • Built 1900
1,968 sqft • 0.13 acres
MLS# 7009564
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Property Description
Spacious and well-maintained up/down duplex offering two thoughtfully designed units. Each uit features a large living room, eat-in kitchen, three bedrooms, private enclosed porch, and a full bathroom. Extensive owner improvements include a new roof (2024), newer siding, new flooring (2024), updated kitchens with newer cabinets and new refrigerators and stoves, updated mechanicals with a new main-level furnace (2021), refurbished upper-level furnace (2020), replacement of both water heaters, one brand-new garage door, and new gravel driveway, and new gravel driveway (2025). Window A/C included. Clean TISH report and active Tier 1 Rental License. Full unfinished basement provides ample storage. Oversized 2+ car garage plus additional off-street parking. Strong rental history with current rents of $1, 700/month (upper) and $1, 650/month plus $50 pet rent for small dog (main). Perfect for owner-occupants or investors-live in one unit while the other generates rental income to help lower monthly housing costs and build equity over time. Eligible buyers may qualify for lender programs offering up to $15, 000 in down payment assistance.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$250,000
Price per sq ft:
$127
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
2 Stories
Zip Code:
55411
Neighborhood/Area:
36
Subdivision Name:
Jordan
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
1,968 ft2
Living Area:
1,968 ft2
Refrigerators:
Two
Basement Details:
- Full
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Foundation Size:
984 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached Garage
- Gravel
- Off Site
Road Frontage:
City Street
Pool:
None
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.13
Geolocation:
45.010918, -93.295948
Lot Dimensions:
Irregular
Zoning:
Residential-Multi-Family
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,575
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,400
Tenant Expenses:
Other
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,316
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$431
Income
Annual Gross Income:
$40,800
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!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.