For Sale: Minneapolis MLS# 6675944
Active
$595,000
Multi-family: Duplex Up and Down
Built 1900
2,624 sqft • 0.12 acres
Minneapolis schools
MLS# 6675944
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Property Description
Welcome to 735 NE Madison St, a charming duplex nestled in the heart of Minneapolis, MN. This multi-family property offers a unique opportunity for both homeowners and investors alike. The duplex features a classic design that blends seamlessly with the vibrant neighborhood, providing a perfect balance of comfort and convenience.
Each unit is thoughtfully designed to maximize space and functionality. Parking is a breeze with the attached garage, ensuring your vehicles are protected from the elements year-round. Additionally, the property includes common storage areas, providing extra space for all your belongings. New roof and siding in past 12 months!
The location of this duplex is truly unbeatable. Situated in a lively community, residents can enjoy easy access to local amenities, dining, and entertainment options. Whether you're taking a leisurely stroll through nearby parks or exploring the vibrant local scene, there's always something to do.
This property is a fantastic opportunity for those seeking a versatile living arrangement or a promising investment in a sought-after area. Don't miss your chance to own a piece of Minneapolis charm at 735 NE Madison St. Schedule a viewing today and discover the potential this duplex has to offer.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$595,000
Price per sq ft:
$227
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55413
Neighborhood/Area:
St. Anthony East
Subdivision Name:
Sibley Add To St Anth
Interior
Finished Area:
2,624 ft2
Living Area:
2,624 ft2
Basement Details:
- Partial
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
480 ft2
Foundation Size:
1,308 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Exterior Material:
Aluminum Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.12
Geolocation:
44.997911, -93.253347
Lot Dimensions:
40 x 129
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:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
$90
Annual Water/Sewer Expense:
$100
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$8,734
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,734
Income
Annual Gross Income:
$45,300
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Water System:
- City Water - In Street
- 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 Compass.
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.