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For Sale:  Minneapolis MLS# 6778071

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Active NEW!
$315,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1907
2,288 sqft • 0.11 acres
Minneapolis schools
MLS# 6778071
763-576-8286
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    Property Description

    Perfectly located near the hospital, St. Mary's University, The Swedish Museum and bus stops., this well-maintained duplex is a rare find at this price point. The main level offers 2 bedrooms and 1 bath, while the upper level features 3 bedrooms and 1 bath—each unit designed with comfort and functionality in mind. Both units boast refinished hardwood floors, spacious kitchens with walk-in pantries, and plenty of natural light. With separate mechanicals and electrical panels, tenants enjoy added convenience and independence. A shared laundry space is located in the basement. A true standout feature is the oversized insulated 2-car garage, providing valuable off street parking and storage space that’s rarely available with comparable properties. Potential to add equity by finishing an additional 800+ sq ft on the 3rd floor. Whether you’re an investor looking for a strong rental property or an owner-occupant seeking additional income, this duplex offers versatility, character, and an unbeatable location.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $315,000
    Price per sq ft: $138
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1907
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55407
    Neighborhood/Area: Phillips West
    Subdivision Name: Auditors Sub 212

    Interior

    Finished Area: 2,288 ft2
    Living Area: 2,288 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Size: 480 ft2
    Foundation Size: 1,144 ft2
    Fencing: Chain Link, Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Parking Features:
    • Detached
    • Insulated Garage
    Shared Amenities:
    • Laundry
    • Porch
    Road Frontage: City Street
    Exterior Material: Engineered Wood

    Lot & Land

    Acres: 0.11
    Geolocation: 44.954784, -93.263517
    Lot Dimensions: 40 x 123

    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: $5,381
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $5,610

    Income

    Annual Gross Income: None
    Misc. Annual Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer - In Street
    Water System: City Water - In Street

    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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.