For Sale: Minneapolis MLS# 7041726
Active
NEW!
$349,900
Multi-family: Duplex Side by Side
2 br • 2 ba • Built 1942
1,540 sqft • 0.11 acres
MLS# 7041726
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Property Description
Opportunity knocks with a potential investor or owner-occupied side by side duplex nestled into the South Minneapolis Seward neighborhood. The mixture of updates and classic charm provide the best of both worlds. Units offer hardwood floors throughout, arched doorways, and original woodwork that boast character. As for updates, there are vinyl window inserts, newer vinyl siding, updated HVAC systems, newer water heater, driveway added from the garage to the alley, and a concrete patio between the home and garage. Units are mirror images of one another and offer 1 bedroom, 1 full bathroom, kitchen and dining room on the main level. Both front and back entrances lead into common foyer spaces for dropping off shoes and jackets before leading to their own private entrances. Units have large useable space in the basement with ample storage and separate laundry. One garage parking space is allotted for each unit. Prime location near the Mississippi River Parkway trails, East Lake Street cafes and shops, with quick access to downtown and the University of Minnesota campus.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$349,900
Price per sq ft:
$227
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1942
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55406
Neighborhood/Area:
67
Subdivision Name:
River Side Short Line Add
Interior
Bedrooms:
2
Bathrooms:
2
Finished Area:
1,540 ft2
Living Area:
1,540 ft2
Refrigerators:
Two
Basement Details:
- Block
- Unfinished
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
20 x 19
Garage Size:
380 ft2
Garage Door Height:
7
Foundation Size:
1,500 ft2
Foundation Dimensions:
50 x 30
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached Garage
- Garage Door Opener
Shared Amenities:
Patio
Road Frontage:
City Street
Exterior Material:
Block
Roof Details:
Age Over 8 Years
Rooms
Laundry:
- Gas Dryer Hookup
- In Basement
- Washer Hookup
Lot & Land
Acres:
0.11
Geolocation:
44.955304, -93.221978
Lot Dimensions:
40 x 125 x 40 x 125
Zoning:
Residential-Multi-Family
Schools
School District:
558
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
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$6,267
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,267
Income
Annual Gross Income:
$29,400
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!
Listing provided by RMLS,
courtesy of Grant Thomas Real Estate.
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.