For Sale: Minneapolis MLS# 6675325
Active
$400,000
Multi-family: Duplex Up and Down
Built 1908
2,320 sqft • 0.14 acres
Minneapolis schools
MLS# 6675325
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Property Description
Fall in love with this charming Tudor duplex, just 1/2 block from Victory Memorial Parkway (border of MPLS and Robbinsdale)! Owner occupy the vacant lower unit (recently refreshed) or enjoy a cash flowing rental property (lease in place for upper unit at market rate). Featuring two living units and a newer roof (2020), the upper level offers 2 bedrooms plus an office and the main level has 2 bedrooms. Both units boast inviting sunrooms, updated bathrooms, wood floors, lots of natural light and updated kitchens (lower level kitchen fully renovated). The unfinished lower level-with scenic lookout windows-can serves as a hangout space and offers an opportunity to build instant equity. Ample storage and a laundry room (shared laundry and storage space) adds to the home's appeal. Enjoy nearby retail, dining, shops, groceries, coffee, parks, and bus lines - perfect for walking, biking, and fami y fun. Everything MPLS has to offer is minutes away!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$400,000
Price per sq ft:
$172
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1908
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55412
Neighborhood/Area:
Cleveland
Subdivision Name:
W J Lewis Add
Interior
Finished Area:
2,320 ft2
Living Area:
2,320 ft2
Ranges:
One Per Unit
Refrigerators:
Two
Basement Details:
- Block
- Daylight/Lookout Windows
- Full
- Shared Access
- Storage Space
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
18x18
Garage Size:
324 ft2
Foundation Size:
1,120 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Hot Water
- Radiator(s)
Parking Features:
- Asphalt
- Detached
Shared Amenities:
- Common Laundry
- Porch
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
- Stucco
- Wood Siding
Roof Details:
- Age 8 Years or Less
- Architectural Shingle
- Asphalt
- Pitched
Lot & Land
Acres:
0.14
Geolocation:
45.020853, -93.317537
Lot Dimensions:
47 x 126
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:
$2,266
Annual Maintenance Expense:
None
Annual Gross Expense:
$2,766
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities, Electricity, Gas, Insurance, Repairs, Sewer, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,096
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,096
Income
Annual Gross Income:
$42,420
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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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 Edina Realty, Inc..
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.