For Sale: Minneapolis MLS# 7148915
Active
NEW!
$400,000
Multi-family: Duplex Side by Side
4 br • 2 ba • Built 1960
1,844 sqft • 0.12 acres
Minneapolis schools
MLS# 7148915
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Property Description
Centrally located one-level duplex features two separate units. Both units have upgraded insulation and windows courtesy of the MSP Residential Noise Mitigation Program from the Minnesota Airports Commission. Each unit has two bedrooms and one bath; living room and kitchen on the main level; lower levels are unfinished. Original hardwood floors in both units. Two-car detached garage is for Unit 5749. Unit 5751 tenant has expressed an interest in continuing to lease from the new owner. Renter in unit 5751 owns the microwave and washer and dryer. Perfect opportunity to own/occupy or add to your investment portfolio these two units close to MSP, Edward C. Solomon Park, Taft Lake/Park, Lake Nokomis, the 5-8 Club and Fat Lorenzo's.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$400,000
Price per sq ft:
$217
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1960
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55417
Neighborhood/Area:
17
Subdivision Name:
Scarsdale Park Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,844 ft2
Living Area:
1,844 ft2
Refrigerators:
One Per Unit
Basement Details:
- Block
- Unfinished
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
18x19
Garage Size:
382 ft2
Garage Door Height:
7
Garage Door Width:
16
Foundation Size:
1,844 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached Garage
Shared Amenities:
None
Road Frontage:
City Street
Exterior Material:
Frame
Pool:
None
Roof Details:
- Age Over 8 Years
- Asphalt
Rooms
Laundry:
- Electric Dryer Hookup
- Gas Dryer Hookup
- In Basement
- Sink
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.12
Geolocation:
44.898307, -93.252313
Lot Dimensions:
40 x 128
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,754
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$3,662
Tenant Expenses:
Cable TV, Electricity, Gas, Other
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,739
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,739
Income
Annual Gross Income:
$30,240
Rent
Annual Net Income:
$15,882
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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 Edina Realty, Inc..
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.