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For Sale:  Minneapolis MLS# 6624570

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Active NEW!
$389,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
1,824 sqft • 0.12 acres
Minneapolis schools
MLS# 6624570
763-498-2150
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    Property Description

    Discover this well-maintained duplex in the highly desirable Northeast Arts District. Each floor of this charming two-story duplex features two spacious bedrooms, a fully tiled bathroom, a full kitchen complete with built-in cabinetry, and a welcoming living room. Hardwood floors throughout and crafted woodwork showcase the character throughout the open space. The shared laundry area is equipped with two washers, two dryers, and a convenient laundry sink. Enjoy the benefits of a fenced yard, a one-car detached garage, with additional off-street parking. Situated just minutes from downtown and the University of Minnesota, this prime location offers unparalleled walkability to an array of shops, restaurants, and recreational activities.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $389,000
    Price per sq ft: $213
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55413
    Neighborhood/Area: Sheridan
    Subdivision Name: Cutters Add

    Interior

    Finished Area: 1,824 ft2
    Living Area: 1,824 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Crawl Space
    • Partial
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Size: 240 ft2
    Foundation Size: 912 ft2
    Fencing: Chain Link, Partial, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached
    • Storage
    Shared Amenities:
    • Common Garden
    • Common Laundry
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.12
    Geolocation: 45.004635, -93.260631
    Lot Dimensions: 40 x 135
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Schools

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

    Expenses

    Annual Insurance Expense: $2,300
    Annual Gross Expense: $9,870
    Annual Trash Expense: $280
    Annual Water/Sewer Expense: $1,724
    Tenant Expenses: Cable TV, Electricity, Gas, Grounds Care, Repairs, Snow Removal

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,566
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,566

    Income

    Annual Gross Income: $33,600
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    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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    Listing provided by RMLS, courtesy of Lakes Sotheby's International.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.