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$240,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1914
2,505 sqft • 0.12 acres
Minneapolis schools
MLS# 6605673
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    Property Description

    Welcome to 1045 James Avenue North, a versatile multi-housing home in Minneapolis that has been family-owned for over 65 years, offering ample space and flexibility. The first floor features three generously sized bedrooms, one bathroom, an eat-in kitchen, and a spacious living and dining area, making it ideal for family living or entertaining. On the second floor, you'll find two additional bedrooms, one bathroom, another eat-in kitchen, and comfortable living and dining spaces—perfect for multi-generational living or rental potential. The third floor offers even more possibilities, with several rooms that can easily be converted into a studio apartment, extra bedrooms, or custom spaces such as a home office or game room. Outside, the grassy backyard is perfect for outdoor activities, relaxation, or gardening. Located near I-94, Bethune Park, Barnes Park, and an array of local dining and shopping options, this property combines convenience with endless potential. With over 65 years of family history, this home is ready to welcome its next chapter, whether as a family home or investment opportunity.

    Listing

    Contingency: None
    Price per sq ft: $96
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55411
    Neighborhood/Area: Near - North
    Subdivision Name: Oak Park Add

    Interior

    Living Area: 2,505 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Stone/Rock

    Exterior

    Stories: More Than 2 Stories
    Foundation Size: 1,308 ft2
    Fencing: Chain Link, Full
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Pitched

    Lot & Land

    Acres: 0.12
    Geolocation: 44.98883, -93.301064
    Lot Dimensions: 42 x 126
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Gross Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,626
    Lender-owned: Not disclosed
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,626

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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