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For Sale:  Minneapolis MLS# 6779619

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Active NEW!
$825,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1955
2,764 sqft • 0.26 acres
Minneapolis schools
MLS# 6779619
763-576-8286
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    Property Description

    RARE OPPORTUNITY NEAR 50TH & FRANCE! This side-by-side duplex sets on a double-wide 1/4-acre lot and offers a multitude of possibilities. Great long-term investment. Easy to fill with strong rents in the area. Owner-occupy one side and "house hack" your living expense with rental income. Plenty of land to start over and build your dream home in one of the most coveted neighborhoods in Minneapolis! Vacant lots half the size have recently sold for as much as $450k! Steps to 50th & France shopping & dining. Minutes to the Minneapolis lakes & just a short jaunt to both Downtown MPLS & the airport. The home features two identical units with gorgeous hardwood floors, large sunrooms overlooking the back yard & finished basements. Laundry in each unit, separated utilities & HVAC systems, including central AC. Both sides have an attached 1-car garage with plenty of extra parking in back. The backyard offers ample shared green space. The owner of over 50years has maintained this property with pride and diligence. Schedule your tour now!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $825,000
    Price per sq ft: $298
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1955
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55410
    Neighborhood/Area: Fulton
    Subdivision Name: Girard Park Add

    Interior

    Finished Area: 2,764 ft2
    Living Area: 2,764 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Egress Window(s)
    • Finished
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 20x12 each side
    Garage Size: 480 ft2
    Foundation Size: 1,778 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    • Garage Door Opener
    • More Parking Onsite for Fee
    • Multiple Garages
    • Tuckunder Garage
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Stucco
    • Wood Siding
    Roof Details:
    • Architectural Shingle
    • Pitched

    Lot & Land

    Acres: 0.26
    Geolocation: 44.911651, -93.324313
    Lot Dimensions: 88 x 126
    Lot Description: Public Transit (w/in 6 blks)

    Farm

    Topography: Walkout

    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: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $11,233
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $11,233

    Income

    Annual Gross Income: $63,600

    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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    Payment:  /mo

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