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Active
$349,900
/mo Edit
Multi-family:  Duplex Side by Side
Built 1900
1,727 sqft • 0.08 acres
Minneapolis schools
MLS# 6566893
Open House
         11a - 1p
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    Property Description

    Welcome to 118 - 120 14th Avenue NE, a wonderful opportunity nestled in the heart of the vibrant Northeast Arts District of Minneapolis. This charming duplex seamlessly blends historic character with modern comforts, ideal for anyone seeking a vibrant urban lifestyle. Located in a sought-after neighborhood, this home is just moments away from the best that Northeast Minneapolis has to offer. Wonderful opportunity to owner-occupy or use as an investment. Unit #118 is two bedroom, one bathroom and currently not rented. Unit #120 is one bedroom and one bathroom with a current renter and an established rental history. Enjoy easy access to local parks, top-rated schools, trendy shops, and a diverse array of dining options. Plus, with convenient transportation links, commuting to downtown Minneapolis is a breeze.

    Listing

    Contingency: None
    Price per sq ft: $203
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55413
    Neighborhood/Area: Sheridan
    Subdivision Name: Traders Add To St Anthony

    Interior

    Living Area: 1,727 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details: Partial

    Exterior

    Stories: Two
    Garage Spaces: 0
    Garage Dimensions: 0
    Foundation Size: 357 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material:
    • Metal Siding
    • Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.08
    Geolocation: 45.001355, -93.269713
    Lot Dimensions: 41.20 x 87
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    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: $1,700
    Annual Maintenance Expense: None
    Annual Gross Expense: $13,786
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,701
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,182
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,182

    Income

    Annual Gross Income: $29,320

    Units

    Total Units: 2

    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.
    Payment:  /mo

    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.
    It would be our pleasure to assist you with your home purchase!

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