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For Sale:  Minneapolis MLS# 7071378

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Active
$425,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1926
2,080 sqft • 0.11 acres
Minneapolis schools
MLS# 7071378
763-576-8286
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    Property Description

    Tucked at the end of a quiet dead-end street in the Bancroft neighborhood, this duplex offers the kind of privacy that's hard to find in the city. Both units are move-in ready and vacant, so you can settle into one and place a tenant of your choice in the other, with rents set at market rate to offset your mortgage from day one. Inside, period charm meets recent updates: original hardwood floors run throughout, paired with updated kitchens that bring the units into the present without losing their character. The basement runs unusually deep, giving you real storage or workshop space that most duplexes simply don't have. Upstairs, a rooftop deck and private balcony give both units their own outdoor perch; treehouse-style, above the rest of the block. Perfect opportunity for both owner-occupants and investors.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $425,000
    Price per sq ft: $204
    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: 3
    Subdivision Name: Girard Invest Co 06th Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 2,080 ft2
    Living Area: 2,080 ft2
    Refrigerators: Two
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 435 ft2
    Foundation Size: 1,040 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    • Tuckunder Garage
    Shared Amenities: Laundry
    Road Frontage: City Street
    Roof Details:
    • Asphalt
    • Pitched

    Rooms

    Laundry:
    • Common Area
    • In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.11
    Geolocation: 44.92963, -93.25837
    Lot Dimensions: 121 x 40
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 1
    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
    Tenant Expenses: Electricity, Heat

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $9,034
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $9,034

    Income

    Annual Gross Income: $38,400
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    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 Keller Williams Realty Integrity.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.