For Sale: Minneapolis MLS# 7066907
Active
NEW!
$399,000
Multi-family: Duplex Up and Down
5 br • 2 ba • Built 1922
1,948 sqft • 0.2 acres
Minneapolis schools
MLS# 7066907
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Property Description
Investor opportunity! This duplex is already leased through August 25, 2027, providing immediate rental income. Ideally located near the University of Minnesota, this property is well positioned for consistent tenant demand. Seller owns additional investment properties. Buyers interested in acquiring more properties may contact agent for more information.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$399,000
Price per sq ft:
$205
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1922
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55414
Neighborhood/Area:
14
Subdivision Name:
Glencar Add
Interior
Bedrooms:
5
Bathrooms:
2
Finished Area:
1,948 ft2
Living Area:
1,948 ft2
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,104 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Lot & Land
Acres:
0.2
Geolocation:
44.990922, -93.221885
Lot Dimensions:
71 x 127 x 68 x 127
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$2,220
Annual Fuel Expense:
$2,800
Annual Insurance Expense:
$2,604
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,760
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$6,584
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$6,682
Income
Annual Gross Income:
$32,760
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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!
Listing provided by RMLS,
courtesy of Gener8 Group 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.