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$349,900  (list price)
$380,500
/mo Edit
Multi-family:  Duplex Side by Side
Built 1950
1,908 sqft • 0.14 acres
Minneapolis schools
MLS# 6510634
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    Property Description

    Introducing a rare opportunity in South Minneapolis - a sought-after side-by-side duplex is now available for purchase. Each unit features two bedrooms, a bathroom, and hardwood floors. The partially finished basement with non-conforming egress windows offers space for storage or additional living areas. Enjoy the convenience of separate utilities for each side, with only water shared between units, ensuring ease of management. A brand-new roof installed in 2024 adds peace of mind and value to this investment. Ideally situated within walking distance of The Wedge and other local shops, as well as public transportation options, this property caters to both owner-occupiers and investors alike. Whether you're looking to establish your own residence or seeking a rental opportunity, this duplex presents the perfect blend of location, functionality, and potential. Don't miss out on this rare find in a prime Minneapolis location.

    Listing

    Contingency: None
    Price per sq ft: $183
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55405
    Neighborhood/Area: Whittier
    Subdivision Name: Badger & Penneys Add

    Interior

    Living Area: 1,908 ft2
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 462 ft2
    Foundation Size: 1,656 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Shared Driveway
    Road Frontage: City Street
    Exterior Material:
    • Metal Siding
    • Vinyl Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.14
    Geolocation: 44.961737, -93.283824
    Lot Dimensions: 48 x 130
    Lot Description: Public Transit (w/in 6 blks)

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $7,262
    Lender-owned: Yes
    Assessment Pending: Unknown
    Taxes w/ Assessments: $9,090

    Income

    Annual Gross Income: None
    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

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