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For Sale:  Minneapolis MLS# 7151860

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Active NEW!
$675,000
/mo Edit
Multi-family:  Duplex Up and Down
5 br • 3 ba • Built 1925
3,512 sqft • 0.11 acres
Minneapolis schools
MLS# 7151860
763-576-8286
Open House
         11:30a - 12:45p
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    Property Description

    A King Field duplex with two well-kept 2-bedroom, 1-bath units and a non-conforming lower-level unit. The main and upper units each have an updated kitchen, a sunroom that works well as an office, a woodburning fireplace, original hardwood floors, 1920s woodwork and built-ins, and neutral paint throughout. The upper unit's kitchen includes granite counters, maple cabinetry, and stainless steel appliances. The lower level adds a non-conforming 1-bedroom, 1-bath unit along with shared laundry and a utility sink. Outside are perennial gardens, an in-ground sprinkler system, a large paver patio, and a 2-car garage. Roof replaced in 2021; boilers inspected September 2026. Live in one unit and rent the other, or hold the property as an investment. Close to neighborhood restaurants, the lakes, bike paths, and a quick commute via Blaisdell Avenue.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $675,000
    Price per sq ft: $192
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1925
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55409
    Neighborhood/Area: 40
    Subdivision Name: Van Nests Add

    Interior

    Bedrooms: 5
    Bathrooms: 3
    Finished Area: 3,512 ft2
    Living Area: 3,512 ft2
    Refrigerators: Three
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Kitchenette
    • Shared Access
    • Single Tenant Access

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 323 ft2
    Foundation Size: 1,214 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Concrete
    • Detached Garage
    Shared Amenities:
    • In-Ground Sprinkler System
    • Laundry
    • Patio
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle

    Rooms

    Laundry:
    • Gas Dryer Hookup
    • Laundry Room
    • Lower Level
    • Upper Level
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.11
    Geolocation: 44.930751, -93.280002
    Lot Dimensions: 40 x 115
    Zoning: Residential-Single Family
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: $1,500
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,054
    Annual Maintenance Expense: None
    Annual Trash Expense: $917
    Annual Water/Sewer Expense: $1,379

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $10,852
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,852

    Income

    Annual Gross Income: $52,200

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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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!

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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.