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For Sale:  Minneapolis MLS# 7117226

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Active
$650,000
/mo Edit
Multi-family:  Duplex Up and Down
6 br • 4 ba • Built 1971
3,757 sqft • 0.19 acres
Minneapolis schools
MLS# 7117226
763-576-8286
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    Property Description

    Beautifully updated side by side duplex in walkable South Minneapolis location. This property lives more like two separate homes, making it an exceptional opportunity for both owner-occupants and investors. Each unit features: 3 bedrooms up and 2 bathrooms, spacious living areas, main floor family room, finished lower-level family room and storage, private laundry, private attached 2-car garage (for each side!) Maintenance free front & back decks. Fully fenced, gorgeously landscaped front yard- perfect for a pet. The 5947 side has been recently remodeled in 2023. The main floor was reconfigured to provide an open plan with large center island kitchen. Extensive custom cabinetry and quartz countertops with gourmet appliances makes this an exceptional living space. Main floor family room with gas fireplace. Both baths updated as well. In 2015 the entire exterior was updated with an addition of a front porch, new Hardie board siding and beautiful landscaping. The resulting craftsman look is stunning! Full list of updates can be found in the supplements. This is an excellent opportunity for an owner-occupant looking to live in one unit while generating rental income from the other, a buyer seeking a multi-generational living arrangement, or an investor looking to add a quality income-producing property to their portfolio.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $650,000
    Price per sq ft: $173
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 4
    County: Hennepin
    Year Built: 1971
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55410
    Neighborhood/Area: 1
    Subdivision Name: Harriet Manor

    Interior

    Bedrooms: 6
    Bathrooms: 4
    Finished Area: 3,757 ft2
    Living Area: 3,757 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Partially Finished

    Exterior

    Stories: Two
    Garage Spaces: 4
    Garage Dimensions: 22x40
    Garage Size: 870 ft2
    Foundation Size: 2,233 ft2
    Fencing: Full, Vinyl
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    • Multiple Garages
    • Tuckunder Garage
    Road Frontage: City Street
    Roof Details: Age Over 8 Years

    Rooms

    Laundry:
    • In Basement
    • Lower Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.19
    Geolocation: 44.894768, -93.31848
    Lot Dimensions: 67 x 120
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

    School District: 1
    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
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $10,793
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $10,859

    Income

    Annual Gross Income: $28,500

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty - Lakes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.