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For Sale:  Bloomington MLS# 6799767

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Active NEW!
$499,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1967
1,550 sqft • 0.34 acres
Bloomington schools
MLS# 6799767
763-576-8286
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    Property Description

    Wonderful side-by-side duplex, currently rented, leases are up in May of 2026, with both sides looking to renew! Both units have a very open concept, updated kitchen in 9524 side, new carpet, both units have unfinshed bedrooms downstairs with a ton of storage space through-out! Both units are 2 beds 1 bath. HUGE yard, which is a big seller for tenants! Possible to add bedrooms in both basements as well for value add! Layout: Each unit = 2 bed / 1 bath Condition: Super clean and well-kept interiors on both sides Occupancy: Consistently occupied; no rent owed from either tenant Management: Currently professionally managed by us! Current Leases & Rents 9524 Pleasant Ave S: $1, 695/mo — lease through 06/30/2026 9522 Pleasant Ave S: $1, 800/mo — lease through 06/30/2026 Income Snapshot: Monthly Gross Rent: $3, 495 Annual Gross Rent: $41, 940 Notes: Always rented; stable tenants with on-time payment history (We are managing this property)

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $499,000
    Price per sq ft: $322
    Property Type: Multi-family
    City: Bloomington
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1967
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55420
    Subdivision Name: Oxboro Heath

    Interior

    Finished Area: 1,550 ft2
    Living Area: 1,550 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Dimensions: 24x44
    Garage Size: 528 ft2
    Foundation Size: 500 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Shared Amenities: None
    Exterior Material: Wood Siding
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.34
    Geolocation: 44.83045, -93.284087
    Lot Dimensions: 150 x 180
    Zoning: Residential-Multi-Family

    Schools

    School District: 271
    District Phone: 952-681-6400

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,000
    Annual Maintenance Expense: $2,000
    Annual Gross Expense: $2,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Cable TV

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,782
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,782

    Income

    Annual Gross Income: $41,940
    Misc. Monthly Income: $3,495

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