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For Sale:  Minneapolis MLS# 7119082

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Active NEW!
$300,000
/mo Edit
Multi-family:  Duplex Up and Down
6 br • 2 ba • Built 1900
2,112 sqft • 0.14 acres
Minneapolis schools
MLS# 7119082
763-576-8286
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    Property Description

    Turnkey Investment Opportunity – Spacious Big Jordan Duplex! Exceptional opportunity to own a well-maintained up/down duplex featuring 3-bedroom, 1-bath units on both levels. Whether you're expanding your investment portfolio or looking to owner-occupy while generating rental income, this property offers outstanding flexibility and cash flow potential. Recent updates include modern vinyl windows, fresh interior paint, new flooring in the kitchens and bathrooms, new carpet throughout the living rooms and bedrooms, and an updated deck/porch. Brand-new appliances will be installed in the upper unit prior to closing, providing added value and peace of mind for the next owner. Live in one unit and let the rental income help offset your mortgage, or lease both units for a strong income-producing asset. Conveniently located with spacious layouts and numerous recent improvements, this is an opportunity you won't want to miss.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $300,000
    Price per sq ft: $142
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55411
    Neighborhood/Area: 36
    Subdivision Name: Forest Heights

    Interior

    Bedrooms: 6
    Bathrooms: 2
    Finished Area: 2,112 ft2
    Living Area: 2,112 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,056 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Radiator
    Parking Features:
    • Concrete
    • Paved Lot
    Shared Amenities:
    • Deck
    • Porch

    Rooms

    Laundry:
    • Gas Dryer Hookup
    • In Basement
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.14
    Geolocation: 45.004045, -93.30152
    Lot Dimensions: 44 x 128
    Lot Description: Tree Coverage - Light

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,100
    Annual Maintenance Expense: $1,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,680

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,448
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,448

    Income

    Annual Gross Income: $52,800

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    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.
    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.