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Active NEW!
$350,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1922
1,538 sqft • 0.14 acres
Minneapolis schools
MLS# 6694034
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    Property Description

    Welcome to 4228 Minnehaha Avenue in Hiawatha neighborhood! Built in 1922, this meticulously renovated duplex has kept its early Arts and Crafts personality while getting a full renovation in 2017. Window trims, stunning brickwork, wood fireplace, original dining room buffet with glass cabinets, arched door frame, and to name the highlights. Each unit has 1BDR, 1BA. The upper unit has original, refurbished cabinets, arched doorways and a large, shaded sun porch. Kitchens in both units are fully modernized with luxury stone countertops and cabinets. Large, dry basement has generous storage space. New roof, grade 4 shingles, in 2023. Each unit has its own water heater and electrical panel. HVAC (replaced 2021) for lower level and boiler for upper unit are well maintained. Huge backyard with a 2-car garage - gardener's delight! The curb appeal on this classic stucco and brick beauty is STUNNING! This multi-family home is a wonderful investment and wealth-building opportunity. Live on one side and rent out the other. Minnehaha Falls, schools, parks, and shops all within a 10 minute radius. Conveniently located to Uptown, Downtown, and St. Paul. On Light rail and Metro Transit Bus Routes. Bike Score: 10. Walk Score: 10! Upper unit can be seen on 2nd showing. Upper unit leased through 7/31/25 then month-to-month. Upper unit enrolled in City of Minneapolis' 4D Low Income Rental program through 2030. Eligible tenants must make at or below 60% Area Median Income (AMI) upon move in to qualify for unit. 4D-enrolled properties gain a property tax break and have access to significant energy efficiency upgrades!

    Listing

    Contingency: None
    Price per sq ft: $228
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55406
    Neighborhood/Area: Hiawatha
    Subdivision Name: Edridge Add

    Interior

    Living Area: 1,538 ft2
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Dimensions: 20x20
    Garage Size: 400 ft2
    Garage Door Height: 7
    Foundation Size: 1,007 ft2
    Fencing: Chain Link, Full
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Detached
    • Electric
    • Electric Vehicle Charging Station(s)
    • Garage Door Opener
    Road Frontage:
    • City Street
    • Sidewalks
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.14
    Geolocation: 44.925985, -93.218686
    Lot Dimensions: 37 x 167
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    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: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,317
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $3,705

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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