For Sale: Minneapolis MLS# 7018162
Active Contingent
NEW!
$354,900
Multi-family: 2 Stories
4 br • 2 ba • Built 1900
2,158 sqft
MLS# 7018162
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Property Description
Solid, updated up/down duplex in prime Whittier neighborhood. Close to all the action, fun & convenience of public transportation & hwy's. Most all features have been updated in the last 10 yrs & recently cleaned, painted & tidied up to make this one ready to roll for an investor or owner-occ moving in to one unit & getting $1250-1450/m from the other. Shared coin-op laundry & storage in shared basement. Split utilities. Great, flat backyard perfect for BBQ's, gardening, pets, etc. Off-street parking spots in the back as well. Larger, main level unit currently vacant; upper unit leased, 12m @ $1250/m ending 11/30/26. Main unit usually rents for $1450 - we are leaving it vacant for potential owner-occ. Best way to own a home & still generate income with this one - #househack!
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$354,900
Price per sq ft:
$164
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
2 Stories
Zip Code:
55408
Neighborhood/Area:
84
Subdivision Name:
Menages 3rd Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,158 ft2
Living Area:
2,158 ft2
Refrigerators:
Two
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,050 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Gravel
- Open
Shared Amenities:
- Coin-op Laundry Owned
- Porch
Pool:
None
Roof Details:
- Age Over 8 Years
- Tar/Gravel
Rooms
Laundry:
In Basement
Lot & Land
Acres:
0
Geolocation:
44.952582, -93.284624
Lot Dimensions:
38 x 134
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
$2,455
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,200
Annual Maintenance Expense:
$1,200
Annual Trash Expense:
$600
Annual Water/Sewer Expense:
$1,600
Tenant Expenses:
Electricity, Fuel
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,653
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,653
Income
Annual Gross Income:
$32,400
Rent
Annual Net Income:
$22,845
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Water System:
- City Water - In Street
- 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!
Listing provided by RMLS,
courtesy of Verde Real Estate Group.
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.