For Sale: Minneapolis MLS# 7022303
Active
NEW!
$485,000
Multi-family: 2 Stories
4 br • 2 ba • Built 1923
3,144 sqft • 0.1 acres
MLS# 7022303
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Property Description
Updated duplex! Perfect for investor or owner-occupant with possibility of 3rd in-law unit in the basement level which has a kitchenette, bedroom with egress window, and a 3/4 bath. Basement area living space is approx. 500 sqft.
New kitchen & bath remodels in both the main and upper level units! Including appliances and granite countertops. New bamboo flooring in both kitchens and porches as well as back entry.
Separate front entrances for each of the levels.
Newer windows, furnace and central air.
Shared laundry in basement.
Two car detached garage.
Fully fenced backyard with privacy for outdoor fun.
Fabulous location just a block off from Hiawatha Golf Course and Park and close to Cedar Ave. for easy access to buslines and quick commute to freeways or downtown. Current renters are on a month to month lease to suit the buyer's needs.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$485,000
Price per sq ft:
$154
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1923
State:
MN
Property Style:
2 Stories
Zip Code:
55407
Neighborhood/Area:
73
Subdivision Name:
Cedar Ave Heights Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
3,144 ft2
Living Area:
3,144 ft2
Refrigerators:
Three
Basement Details:
- Block
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Door Height:
7
Garage Door Width:
16
Foundation Size:
1,048 ft2
Fencing:
Full, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached Garage
Road Frontage:
City Street
Exterior Material:
Block
Pool:
None
Roof Details:
Age 8 Years or Less
Rooms
Shared Rooms:
Other
Laundry:
In Basement
Lot & Land
Acres:
0.1
Geolocation:
44.926773, -93.245157
Lot Dimensions:
33 x 127
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,525
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,525
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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 Coldwell Banker Realty - Southwest Regional.
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.