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Active NEW!
$314,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1924
1,815 sqft • 0.13 acres
Minneapolis schools
MLS# 6692353
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    Property Description

    This well-cared-for duplex has been owned by the same owner for over 40 years. It is always rented, easy to manage, and has a low-maintenance exterior. Both the upper and lower units have original charm, including built-in china cabinets, hardwood floors, and larger bedrooms for the time period. The basement laundry is comfortable for tenants and includes 2 high-efficiency furnaces and 2 100-amp breaker boxes. A detached garage provides extra income or can be provided to tenants. Pictures are of Unit 2.

    Listing

    Contingency: None
    Price per sq ft: $173
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55412
    Neighborhood/Area: Cleveland
    Subdivision Name: Fletcher & Fletchers Add

    Interior

    Living Area: 1,815 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 1 ft2
    Foundation Size: 1,000 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached
    Exterior Material: Stucco
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.13
    Geolocation: 45.018048, -93.31044
    Lot Dimensions: 42 x 128

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: $1
    Annual Electric Expense: $1
    Annual Fuel Expense: $1
    Annual Insurance Expense: $1,400
    Annual Maintenance Expense: $1
    Annual Gross Expense: $1
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: $1,800
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,048
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,048

    Income

    Annual Gross Income: $30,900
    Misc. Annual Income: $1
    Misc. Monthly Income: $1

    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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    Listing provided by RMLS, courtesy of MSP Services, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.