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For Sale:  Minneapolis MLS# 7109210

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Active NEW!
$415,000
/mo Edit
Multi-family:  Duplex Up and Down
6 br • 2 ba • Built 1904
3,286 sqft • 0.12 acres
Minneapolis schools
MLS# 7109210
763-576-8286
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    Property Description

    Back on the Market! Don't miss your second chance to own this stunning historic duplex, where timeless craftsmanship meets modern convenience. Flooded with natural light, this property showcases gorgeous original woodwork, soaring 10-foot ceilings, inlaid hardwood floors, elegant pocket doors, and character that's increasingly hard to find. Thoughtful updates include a newer roof and gutters, new basement and attic windows, and a beautifully renovated main-level unit featuring stainless steel appliances. The insulated basement and unfinished third floor have already been taken down to the studs providing an incredible opportunity to create additional living space, expand rental income, or customize to fit your vision. Whether you're an investor looking to maximize cash flow or an owner-occupant hoping to offset your mortgage with rental income, this versatile duplex offers exceptional potential and long-term value. Opportunities like this don't come around often—schedule your showing today before it's gone!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $415,000
    Price per sq ft: $126
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1904
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55404
    Neighborhood/Area: 78
    Subdivision Name: Fosters Add

    Interior

    Bedrooms: 6
    Bathrooms: 2
    Finished Area: 3,286 ft2
    Living Area: 3,286 ft2
    Refrigerators: Two
    Basement Details:
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Full
    • Owner Access
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 1,643 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    • Radiant
    Parking Features: On-Street Parking Only
    Shared Amenities:
    • Common Garden
    • Laundry
    • Patio
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Stone
    Pool: None
    Roof Details: Age 8 Years or Less

    Rooms

    Laundry:
    • Common Area
    • In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.12
    Geolocation: 44.960129, -93.251998
    Lot Dimensions: 43 x 120
    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: $684
    Annual Fuel Expense: $564
    Annual Insurance Expense: $4,800
    Annual Maintenance Expense: $1,300
    Annual Trash Expense: $2,400
    Annual Water/Sewer Expense: $1,216
    Tenant Expenses: Electricity, Gas, Grounds Care, Snow Removal

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,143
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,143

    Income

    Annual Gross Income: $49,200

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System:
    • City Sewer - In Street
    • City Sewer/Connected
    Water System:
    • City Water - In Street
    • City Water/Connected
    Power Company Name: Xcel Energy

    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 Classic Rlty NW.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.