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For Sale:  Minneapolis MLS# 7116964

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Active
$415,000
/mo Edit
Multi-family:  Duplex Side by Side
5 br • 4 ba • Built 1924
2,600 sqft • 0.16 acres
Minneapolis schools
MLS# 7116964
763-576-8286
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    Property Description

    Perfect for the live in investor, the large 3 bed 2 full bath front unit being available for immediate move in while the back 2 bed 2 full bath unit brings in revenue to offset the mortgage! Blocks from desired Byrn Mawr neighborhood with parks, trails, coffee shops and restaurants. Situated on a hill to give you view of the city from the top floor bedrooms and away from the street for added privacy. Large detached garage in the back with two other off street parking spots with concrete slab. Both units are 2 stories. Tenants in the back have been there for 4 years and have been great tenants and have never had a complaint from tenants in the front unit. Roof replaced in 2024, front unit furnace replaced in 2022, back unit furnace replaced in 2015. Back unit was completely remodeled before buyer bought it in 2021 with new furnace, fridge, cabinets, oven, and flooring. Newer windows and plumbing throughout. Come check out this charming home that has been a cash cow for years.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $415,000
    Price per sq ft: $160
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1924
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55405
    Neighborhood/Area: 30
    Subdivision Name: Bowmans Add

    Interior

    Bedrooms: 5
    Bathrooms: 4
    Finished Area: 2,600 ft2
    Living Area: 2,600 ft2
    Refrigerators: Two
    Basement Details:
    • Drain Tiled
    • Full
    • Sump Pump
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 530 ft2
    Foundation Size: 1,430 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Covered
    • Detached Garage
    Roof Details: Age 8 Years or Less

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.16
    Geolocation: 44.979824, -93.300576
    Lot Dimensions: 40 x 169

    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

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,065
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,065

    Income

    Annual Gross Income: $48,000

    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 Northstar Real Estate Associates.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.