For Sale: Minneapolis MLS# 7028244
Active
NEW!
$400,000
Multi-family: 2 Stories
6 br • 2 ba • Built 1900
1,976 sqft • 0.12 acres
MLS# 7028244
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Property Description
Completely remodeled duplex in 2022 offering the feel and quality of new construction. Nearly every component of the property has been updated, including new roof, siding, windows, doors, trim, flooring, and walls.
Both units feature beautifully renovated kitchens with stainless steel appliances, tiled bathrooms, and modern finishes throughout. Major mechanical upgrades include two new high-efficiency furnaces, a new high-efficiency water heater, updated plumbing, and LED lighting throughout the property.
This duplex is designed with two spacious units each offering 3 bedrooms, a highly desirable layout for tenants. Each unit also includes its own washer and dryer, with separate basement laundry entrances for convenience.
Additional upgrades include new garage doors, stair treads, fresh paint and carpet. Exterior improvements such as east perimeter fencing with double gate, new decking and concrete sidewalk make this property truly move-in ready.
A rare opportunity to own a fully updated duplex in Minneapolis with modern systems, strong rental potential, and minimal maintenance for years to come.
Unit 1 was occupied by the owner. Unit 2 received $1850 per month rent, and based upon 2022-2024 figures.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$400,000
Price per sq ft:
$202
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
2 Stories
Zip Code:
55411
Neighborhood/Area:
31
Subdivision Name:
Fairmount Park Add
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
1,976 ft2
Living Area:
1,976 ft2
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
420 ft2
Foundation Size:
994 ft2
Fencing:
Partial, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached Garage
Road Frontage:
City Street
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
In Basement
Lot & Land
Acres:
0.12
Geolocation:
45.0085915338, -93.2939913598
Lot Dimensions:
127 x 43
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
Public Transit (w/in 6 blks)
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
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,533
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,533
Income
Annual Gross Income:
None
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 Market Fare LLC.
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.