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For Sale:  Minneapolis MLS# 7022373

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Active
$699,900
/mo Edit
Multi-family:  1 Story
4 br • 2 ba • Built 1954
3,042 sqft • 0.21 acres
MLS# 7022373
763-576-8286
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    Property Description

    Cash Only Buyer Rare opportunity to own a spacious side-by-side duplex offering exceptional versatility and value. Each unit features 4 bedrooms, 2 full bathrooms, and a finished basement, providing generous living space ideal for both owner-occupants and investors alike. The thoughtful layouts offer comfortable room sizes, functional living areas, and additional lower-level space perfect for recreation, guests, or work-from-home setups. Whether you’re looking to build your rental portfolio or offset your mortgage with rental income, this property presents a compelling option. The property enjoys easy access to shopping, dining, major routes, and everyday amenities. Beautiful Lynnhurst Park within walking distance adds to the appeal, offering open green space and a pleasant setting right outside your door.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $699,900
    Price per sq ft: $230
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1954
    State: MN
    Property Style: 1 Story
    Zip Code: 55419
    Neighborhood/Area: 1
    Subdivision Name: Pennhurst 2nd Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 3,042 ft2
    Living Area: 3,042 ft2
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Finished
    • Full

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,534 ft2
    Handicap Accessible: Grab Bars In Bathroom, Wheelchair Ramp(s)
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • On-Street Parking Only
    • Paved Lot
    • Storage
    Shared Amenities: None

    Lot & Land

    Acres: 0.21
    Geolocation: 44.901675, -93.308281
    Lot Dimensions: 126 x 73

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,761
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $11,611

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System:
    • City Sewer - In Street
    • City Sewer/Connected
    Water System:
    • City Water - In Street
    • City Water/Connected

    Mortgage Calculator

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    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.