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Active NEW!
$575,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1923
2,744 sqft • 0.12 acres
Minneapolis schools
MLS# 6644636
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    Property Description

    Charming Duplex located on a peaceful, one-way, tree-lined street with the BONUS of the newer bike path! Just blocks from Lake Harriett, the bandshell for concerts, rose garden, transit, shops, restaurants, downtown and airport. Both levels have hardwood floors, 2 bedrooms, a full bath, and feature beautiful craftsman style cabinets in the family room, dining, and kitchen. Basement has laundry and an abundance of shared or private storage space. Newer concrete driveway ('21) and upper level freshly painted. This lovely duplex would be ideal for an owner occupant who is seeking a comfortable space with classic charm and rental income, the lower unit is currently rented and would be interested in extending lease. An outstanding value and location!

    Listing

    Contingency: None
    Price per sq ft: $210
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55419
    Neighborhood/Area: East Harriet
    Subdivision Name: Remingtons 3rd Add

    Interior

    Living Area: 2,744 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Daylight/Lookout Windows

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 419 ft2
    Foundation Size: 1,372 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Concrete
    • Detached
    • No Int Access to Dwelling
    Shared Amenities:
    • Common Laundry
    • Deck
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    Exterior Material: Stucco
    Roof Details: Age Over 8 Years

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.12
    Geolocation: 44.920088, -93.291228
    Lot Dimensions: 124 x 40
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    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: $2,356
    Annual Maintenance Expense: None
    Annual Gross Expense: $4,819
    Annual Trash Expense: $2,453
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $10,416
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $10,875

    Income

    Annual Gross Income: $42,430

    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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    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 RE/MAX Advantage Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.