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Active NEW!
$366,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1907
1,364 sqft • 0.11 acres
Minneapolis schools
MLS# 6752841
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    Property Description

    Absolutely charming and meticulously maintained up/down duplex with 2 bedrooms/1 full bath UPPER and 2 bedrooms/1 full bath LOWER. Excellent opportunity for owner-occupant or as a full rental. New Roof in 2021. High-end updated windows throughout 2014. New Furnace 12/2023. Upper unit features beautifully refinished hardwood floors throughout, abundant natural light throughout including the gorgeous large front bay windows, and stylishly renovated bathroom with jetted jacuzzi soaker tub for the relaxing spa experience! Spaciousness throughout the unit thanks to the formal dining room plus the bonus area of the upstairs landing/loft room adjacent to the bedrooms. This upstairs area offers perfect bonus space for a home office, TV room, futon for guests, and more! Lower unit features brand new carpeting and fresh paint throughout. Basement offers shared space for extra storage and shared laundry, featuring newer high efficiency LG brand washer. Lower unit is currently vacant and Upper unit will be vacated when current lease terminates on August 31st. Both units are turn-key ready! Same owner for over 22 years and owner-occupied for 21 years. Highly desirable location has offered steady rental occupancy during entire ownership of the property. Conveniently located close to grocery, coffee shops, dining, the wonderfully updated Sibley Park, and transit & commuting access in the heart of a beloved south Minneapolis neighborhood!

    Listing

    Contingency: None
    Price per sq ft: $268
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55407
    Neighborhood/Area: Powderhorn Park

    Interior

    Living Area: 1,364 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Concrete
    • Full
    • Shared Access
    • Storage Space
    • Sump Basket
    • Sump Pump
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 484 ft2
    Foundation Dimensions: 22x22
    Fencing: Partial, Privacy, Wood
    Handicap Accessible: Soaking Tub
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • Gravel
    • Parking Lot
    Shared Amenities:
    • Common Garden
    • Laundry
    • Security Lighting
    Road Frontage: City Street
    Exterior Material:
    • Fiber Cement
    • Stucco
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle

    Lot & Land

    Acres: 0.11
    Geolocation: 44.9372330025, -93.2529214652
    Lot Dimensions: 40 X 125
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $2,717
    Annual Fuel Expense: $598
    Annual Insurance Expense: $1,345
    Annual Maintenance Expense: None
    Annual Gross Expense: $6,308
    Annual Trash Expense: $448
    Annual Water/Sewer Expense: $1,200

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,319
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,319

    Income

    Annual Gross Income: $35,100

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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