For Sale: Minneapolis MLS# 6740684
Active
NEW!
$365,000
Multi-family: Duplex Up and Down
Built 1926
1,313 sqft • 0.12 acres
Minneapolis schools
MLS# 6740684
Open House
12p - 2p
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Property Description
This modern, fully furnished turnkey duplex is located in Minneapolis’ highly sought-after Victory neighborhood, just steps from Victory Memorial Parkway and minutes from Theodore Wirth Park’s extensive biking, hiking, and cross-country trails. The up/down layout features two updated units: the lower unit offers 2 spacious bedrooms and 1 full bath, while the upper unit includes 1 bedroom and 1 full bath. Both units have been thoughtfully remodeled with contemporary kitchens, fresh finishes, and clean, functional floorplans. Recent updates completed in 2023 include new paint (interior and exterior), modern fixtures, and flooring, providing a move-in-ready experience. This true duplex has no basement units, with private entrances and separate utilities for each unit, maximizing comfort and privacy. Two detached garages provide three total stalls, an increasingly rare feature in this urban neighborhood. Offered fully furnished (negotiable), including TVs, appliances, furniture, décor, cookware, and linens, the property offers a seamless transition whether you’re purchasing as an investment or to live in. The current rental license with the City of Minneapolis is active, providing a hassle-free rental process. The property enjoys easy access to downtown Minneapolis, the North Loop, major highways, and public transit, with shopping, dining, and entertainment options nearby. Outdoor enthusiasts will appreciate the proximity to Victory Memorial Parkway and Theodore Wirth Park, offering lakes, trails, and open green space year-round. This amazing opportunity to acquire a move-in-ready, income-producing duplex in one of Minneapolis’ most desirable neighborhoods, combines convenience, modern updates, and turnkey rental potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$365,000
Price per sq ft:
$278
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1926
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55412
Neighborhood/Area:
Cleveland
Subdivision Name:
Branham & Greenleafs Add
Interior
Finished Area:
1,313 ft2
Living Area:
1,313 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
Block
Exterior
Stories:
One and One Half
Garage Spaces:
3
Foundation Size:
802 ft2
Fencing:
Chain Link, Partial
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Concrete
- Detached
- More Parking Offsite for Fee
- More Parking Onsite for Fee
Road Frontage:
City Street
Exterior Material:
- Shake Siding
- Vinyl Siding
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.12
Geolocation:
45.01462, -93.316801
Lot Dimensions:
40 x 127
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,200
Annual Fuel Expense:
$1,240
Annual Insurance Expense:
$2,165
Annual Maintenance Expense:
$1,575
Annual Gross Expense:
$13,438
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,279
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,363
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,363
Income
Annual Gross Income:
$45,600
Misc. Annual Income:
None
Misc. Monthly Income:
None
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 Keller Williams Premier Realty Lake Minnetonka.
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.