For Sale: Minneapolis MLS# 6660053
Active
$410,000
Multi-family: Duplex Up and Down
Built 1912
2,384 sqft • 0.14 acres
Minneapolis schools
MLS# 6660053
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Property Description
Located in the heart of the **South Powderhorn neighborhood**, this **versatile duplex** is perfect for
an **investor** seeking a **value-add opportunity** to convert the basement into a **legal 3rd unit**.
The main-level unit features **stunning hardwood floors**, while both units boast **spacious kitchens**
and **formal dining areas**, providing ample living space. Currently generating **$3, 300/month** in
rental income—**with additional potential in the basement**—this property is a **must-see** for those
looking to maximize value in a prime location!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$410,000
Price per sq ft:
$172
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1912
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55407
Neighborhood/Area:
Powderhorn Park
Interior
Finished Area:
2,384 ft2
Living Area:
2,384 ft2
Ranges:
Two
Refrigerators:
Three
Basement Details:
Other
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
20x18
Garage Size:
360 ft2
Garage Door Height:
7
Foundation Size:
1,250 ft2
Fencing:
Wood
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
- Detached
- Garage Door Opener
- Gravel
Shared Amenities:
Porch
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Wood Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.14
Geolocation:
44.9349874463, -93.2527059972
Lot Dimensions:
50 x 123
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Some Trees
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Fuel
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,964
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,964
Income
Annual Gross Income:
$39,600
Misc. Monthly 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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|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of Keller Williams Integrity Realty.
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.