For Sale: Minneapolis MLS# 6742067
Active
$475,000
Multi-family: Duplex Up and Down
Built 1926
2,288 sqft • 0.11 acres
Minneapolis schools
MLS# 6742067
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Property Description
Fantastic investment or owner-occupant opportunity in South Minneapolis! This up/down duplex features two spacious 2 bed, 1 bath units with traditional layouts and excellent natural light. The upper-level unit is vacant and move-in ready, while the lower unit is currently rented on a month-to-month lease, offering immediate rental income or flexibility for future occupancy. Enjoy the bonus of a 2-stall garage, plus additional storage space in the basement. Conveniently located near parks, trails, transit, and local shops. Don't miss this solid duplex in a sought-after neighborhood!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$475,000
Price per sq ft:
$208
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1926
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55407
Neighborhood/Area:
Ericsson
Subdivision Name:
Cedar Ave Heights Add
Interior
Finished Area:
2,288 ft2
Living Area:
2,288 ft2
Basement Details:
Full
Exterior
Stories:
One and One Half
Garage Spaces:
2
Garage Dimensions:
20x23
Garage Size:
460 ft2
Garage Door Width:
16
Foundation Size:
1,144 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Exterior Material:
Stucco
Lot & Land
Acres:
0.11
Geolocation:
44.926361, -93.246935
Lot Dimensions:
4792
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
$898
Annual Electric Expense:
$1
Annual Fuel Expense:
$1
Annual Insurance Expense:
$2,926
Annual Maintenance Expense:
$898
Annual Gross Expense:
$34,800
Annual Trash Expense:
$889
Annual Water/Sewer Expense:
$959
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,051
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$5,051
Income
Annual Gross Income:
$34,800
Units
Total Units:
2
Miscellaneous
Fuel System:
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 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.