For Sale: Mounds View MLS# 7090757
Active
NEW!
$439,000
Multi-family: Duplex Up and Down
5 br • 2 ba • Built 1978
2,284 sqft • 0.33 acres
Mounds View schools
MLS# 7090757
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Property Description
10K Forgivable Grant available! Opportunity meets livability with this solid 5bed/2bath duplex in Mounds View school district! Highlights include a rare 3-car garage, a spacious fully fenced backyard, and a storage shed, all on a generously sized 1/3 acre lot with fresh paint. Both units have been completely updated in the kitchens and bathrooms, making this a true turnkey property for owners and tenants alike. The upper/larger unit features 3 bedrooms and 1 bath, while the second unit offers a well-proportioned 2 bedrooms and 1 bath — a layout that attracts a strong pool of renters and keeps vacancy low.
The outdoor space sets this property apart. The massive yard provides room to relax, garden, or entertain, and the fenced backyard adds everyday privacy and security. Additional storage in the shed is a practical bonus tenants and owners will appreciate from day one. Basement unit has private walk out basement patio below deck. Live in one unit and rent the other, or add a solid income-producing property to your portfolio.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$439,000
Price per sq ft:
$192
Property Type:
Multi-family
City:
Mounds View
Garage Spaces:
3
County:
Ramsey
Year Built:
1978
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55112
Interior
Bedrooms:
5
Bathrooms:
2
Finished Area:
2,284 ft2
Living Area:
2,284 ft2
Refrigerators:
Two
Basement Details:
- Drain Tiled
- Egress Window(s)
- Finished
- Full
- Sump Pump
- Walkout
Exterior
Stories:
Two
Garage Spaces:
3
Garage Dimensions:
18.4x22
Garage Size:
404 ft2
Foundation Size:
1,120 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Assigned
- Attached Garage
- Garage Door Opener
- Shared Driveway
Shared Amenities:
None
Road Frontage:
- City Street
- County Road
- Curbs
- Paved Streets
Pool:
None
Roof Details:
- Age 8 Years or Less
- Asphalt
Rooms
Laundry:
Laundry Room
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.33
Geolocation:
45.100533, -93.20417
Lot Dimensions:
96 x 150
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Tree Coverage - Medium
Schools
School District:
621
District Phone:
6516216001
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,726
Annual Maintenance Expense:
$2,000
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,513
Tenant Expenses:
Electricity, Fuel, Trash Collection
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,944
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,944
Income
Annual Gross Income:
$39,900
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$34,661
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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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!
Listing provided by RMLS,
courtesy of Jason Mitchell Group.
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.