For Sale: Minneapolis MLS# 6632069
Active
NEW!
$395,000
Multi-family: Duplex Up and Down
Built 1909
1,258 sqft • 0.12 acres
Minneapolis schools
MLS# 6632069
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Property Description
This well-maintained duplex offers a fantastic investment opportunity with reliable renters already in place through June 2026. Located just steps from the University of Minnesota, this property provides both convenience and steady cash flow.
Enjoy the proximity to vibrant local restaurants, trendy breweries, and an abundance of entertainment options, all within walking distance. With excellent access to public transportation, commuting and getting around the city is a breeze for tenants.
Whether you're an experienced investor or looking for your first property, this duplex is a must-see. Don’t miss out on this prime opportunity to own in one of Minneapolis' most sought-after neighborhoods!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$395,000
Price per sq ft:
$314
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
1
County:
Hennepin
Year Built:
1909
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55414
Neighborhood/Area:
Como
Interior
Finished Area:
1,258 ft2
Living Area:
1,258 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
1
Foundation Size:
912 ft2
Fencing:
Chain Link
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Gravity
Parking Features:
- Concrete
- Detached
Shared Amenities:
None
Road Frontage:
City Street
Exterior Material:
Metal Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.12
Geolocation:
44.9852182379, -93.2213312266
Lot Dimensions:
127FT x 41FT
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Maintenance Expense:
$3,000
Annual Gross Expense:
$3,500
Tenant Expenses:
Electricity, Fuel, Grounds Care, Sewer
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,822
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,822
Income
Annual Gross Income:
$24,300
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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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 eXp 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.