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For Sale:  Minneapolis MLS# 7065989

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Active NEW!
$389,900
/mo Edit
Multi-family:  Triplex
8 br • 3 ba • Built 1912
3,600 sqft • 0.14 acres
Minneapolis schools
MLS# 7065989
763-576-8286
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    Property Description

    3 Units for the Price of 2!See Supplements for Common Q&A! Photos coming soon!This is Zoned a Duplex but has a Finished lower level with 2br's, Kitchen, etc!! Check with the City- but this could potentially be rented out as an Office, Day Care, Massage Therapist, etc.. You name it this Bonus LL 3rd unit will bring in revenue! The other two units are 3br/1ba! Hurry, this will sell fast! Seller collected $1800 mo each on the 2 -3br apartments! Section 8 approved.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $389,900
    Price per sq ft: $108
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1912
    State: MN
    Property Style: Triplex
    Zip Code: 55407
    Neighborhood/Area: 64

    Interior

    Bedrooms: 8
    Bathrooms: 3
    Finished Area: 3,600 ft2
    Living Area: 3,600 ft2
    Refrigerators: Three
    Basement Details:
    • Egress Window(s)
    • Finished
    • Full
    • Kitchenette
    • Other
    • Single Tenant Access

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 20x18
    Garage Size: 360 ft2
    Garage Door Height: 7
    Foundation Size: 1,250 ft2
    Fencing: Full, Wood
    Handicap Accessible: None
    Heating System: Hot Water
    Parking Features:
    • Detached Garage
    • Garage Door Opener
    • Gravel
    Shared Amenities: Porch
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Roof Details: Asphalt

    Rooms

    Laundry:
    • In Basement
    • Lower Level

    Lot & Land

    Acres: 0.14
    Geolocation: 44.9349874463, -93.2527059972
    Lot Dimensions: 50 x 123
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel, Hot Water, Sewer, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,067
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,067

    Income

    Annual Gross Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 3

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