For Sale: Minneapolis MLS# 6618635
Active
$235,000
Multi-family: Duplex Up and Down
Built 1900
1,340 sqft • 0.12 acres
Minneapolis schools
MLS# 6618635
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Property Description
Welcome to a tudor style duplex in the Kenwood neighborhood of Minneapolis. Each unit has 2 bedrooms and 1 bath, with a spacious living area and kitchen. Both units are currently rented.
Situated near the greenway of Theodore Roosevelt Parkway, and minutes from parks, trails and local restaurants, this property offers a perfect blend of city convenience and serene living.
Property exceeds 1% rule and downstairs tenant also pays an additional $75/month for garage.
Seller open to creative finance offers.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$235,000
Price per sq ft:
$175
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55411
Neighborhood/Area:
Jordan
Subdivision Name:
Penn Ave Add
Interior
Finished Area:
1,340 ft2
Living Area:
1,340 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Partial
- Shared Access
- Storage Space
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
20x20
Garage Size:
400 ft2
Foundation Size:
760 ft2
Foundation Dimensions:
20x38
Fencing:
None
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
Asphalt
Lot & Land
Acres:
0.12
Geolocation:
45.009768, -93.309141
Lot Dimensions:
40 x 127
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Tree Coverage - Medium
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
$1,970
Annual Insurance Expense:
$2,000
Annual Maintenance Expense:
$2,814
Annual Gross Expense:
None
Annual Trash Expense:
$600
Annual Water/Sewer Expense:
$1,800
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,948
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,948
Income
Annual Gross Income:
$28,140
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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This amortization schedule shows how much of your monthly payment will go towards the principle and how
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| Year | Principal | Interest | P&I | Balance |
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.
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!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.