For Sale: Minneapolis MLS# 6624562
Active
$415,000
Multi-family: Duplex Up and Down
Built 1913
2,694 sqft • 0.08 acres
Minneapolis schools
MLS# 6624562
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Property Description
Welcome to this up/down duplex, perfectly situated in the heart of Minneapolis! Whether you're an investor or an owner-occupant, this property offers incredible versatility and value.
Each unit features spacious layouts with 2 bedrooms, 1 bath, classic hardwood floors, woodwork, and built-ins. The 3rd level contains its own kitchen, living room, bath, and bedroom as well and is sub-let by the tenant.
Recent updates include two new boilers installed in October of 2024 and a new roof in 2022.
This home also offers shared laundry in the basement and is close to shopping, Eat Street, and public transportation.
This duplex is in a high-demand area with excellent rental potential!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$415,000
Price per sq ft:
$154
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1913
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55408
Neighborhood/Area:
Whittier
Subdivision Name:
J T Blaisdells Rev Add
Interior
Finished Area:
2,694 ft2
Living Area:
2,694 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
- Full
- Posts
- Storage Space
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
1,092 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Radiator(s)
Parking Features:
On-Street Parking Only
Shared Amenities:
Common Laundry
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
- Metal Siding
- Stucco
- Wood Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.08
Geolocation:
44.953945, -93.280055
Lot Dimensions:
40 x 90
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:
$3,525
Annual Maintenance Expense:
$1,200
Annual Gross Expense:
$6,725
Annual Trash Expense:
$500
Annual Water/Sewer Expense:
$1,500
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,838
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,838
Income
Annual Gross Income:
$32,000
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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This amortization schedule shows how much of your monthly payment will go towards the principle and how
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| Month | Principal | Interest | P&I | Balance |
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| Year | Principal | Interest | P&I | Balance |
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 Fazendin REALTORS.
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.