For Sale: Minneapolis MLS# 7071478
Active
NEW!
$450,000
Multi-family: Duplex Side by Side
4 br • 2 ba • Built 1929
2,121 sqft • 0.12 acres
Minneapolis schools
MLS# 7071478
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Property Description
Tucked in Keewaydin just three blocks from Lake Nokomis, this 1920s duplex pairs classic curb appeal with the practical bonus of a side-by-side layout. The duplex features hardwood floors and updated kitchens, and the primary bedroom offers a rare find for the era: a real walk-in closet. Each unit has its own basement, washer, and dryer, and there's room to finish out a family room or additional bedroom if you want to add space.
Lake Nokomis, Minnehaha Creek and the bike trail network are right outside, putting Lake Hiawatha, Minnehaha Falls, and the shops at 50th and Chicago just minutes away by bike. Nokomis Beach Coffee and the Oxendale grocery store are both walkable, making errands and morning coffee runs easy without the car.
With one unit vacant, live in one side, rent the other, and let it help cover the mortgage. It works just as well as a straight investment, with the separate utilities and living spaces keeping it low-maintenance for a landlord, too.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Price per sq ft:
$212
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1929
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55417
Neighborhood/Area:
37
Subdivision Name:
Thorpe Bros Franklin Steele Grove
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,121 ft2
Living Area:
2,121 ft2
Refrigerators:
Two
Basement Details:
- Block
- Unfinished
Exterior
Stories:
One and One Half
Garage Spaces:
2
Garage Size:
535 ft2
Foundation Size:
1,330 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached Garage
Road Frontage:
City Street
Roof Details:
Asphalt
Rooms
Laundry:
In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.12
Geolocation:
44.909426, -93.231899
Lot Dimensions:
40 x 128
Zoning:
Residential-Multi-Family
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:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,286
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,286
Income
Annual Gross Income:
$43,800
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$43,800
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 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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.