Sold: Minneapolis MLS# 6598428
Sold
$1,599,999 (list price)
$1,337,500
Multi-family: Four Plex
Built 2014
6,600 sqft • 0.18 acres
Minneapolis schools
MLS# 6598428
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Terrific multi-level townhouse-style 4 plex in the heart of Uptown! Built in 2014 each unit boasts 4 bedrooms, 3.5 baths, open concept main level, hardwood floors and a half bath. The upper levels feature the spacious bedrooms and additional baths. Units 1, 2, and 4 have a tuck-under 2-car garage and Unit 3 has a large heated storage room with 2 assigned off-street parking spots. Unit 1 is vacant and has been fully turned with fresh paint and flooring, and was rented @ $3020/month. Unit 2 is leased through 5/30/25 and rents @ $3045/month. Unit 3 is leased through 5/30/25 and rents @ $2920/month. Unit 4 is leased through 7/30/25 and rents @ $3095/month. Fantastic location near the city lakes, local shopping and dining and area parks and trails!
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$1,599,999
Sold Price:
$1,337,500
Sold Date:
12/11/2024
Price per sq ft:
$242
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
6
County:
Hennepin
Year Built:
2014
State:
MN
Property Style:
Four Plex
Zip Code:
55408
Neighborhood/Area:
Lyndale
Subdivision Name:
Motor Line Add
Interior
Finished Area:
6,600 ft2
Living Area:
6,600 ft2
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Basement Details:
- Partial
- Storage Space
- Sump Pump
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
6
Garage Size:
374 ft2
Garage Door Height:
6
Garage Door Width:
16
Foundation Size:
2,208 ft2
Fencing:
Other, Partial
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Open
- Tuckunder Garage
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
Exterior Material:
Vinyl Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.18
Geolocation:
44.944963, -93.287135
Lot Dimensions:
90 x 85
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
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:
$4,182
Annual Maintenance Expense:
$2,300
Annual Gross Expense:
$14,582
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$5,100
Tenant Expenses:
Cable TV, Electricity, Fuel, Other
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$20,450
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$20,450
Income
Annual Gross Income:
$144,960
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| 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 Coldwell Banker 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.