For Sale: Minneapolis MLS# 6748735
Active
$789,000
Multi-family: Four Plex
Built 1894
5,317 sqft • 0.17 acres
Minneapolis schools
MLS# 6748735
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Classic NE Minneapolis 4-plex featuring four fully rented 1-bedroom units. This charming corner-lot property is ideal for an owner-occupant or house-hack investor. Each unit includes its own energy-efficient furnace and separate electric service. 4-stall garage adds value and nice functionality, complemented by a large yard. Located just one block from the park, the property has great curb appeal and offers strong potential for increased value through rent growth and light cosmetic updates. A rare opportunity to own a well-maintained, income-producing asset in NE Minneapolis.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$789,000
Price per sq ft:
$148
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
4
County:
Hennepin
Year Built:
1894
State:
MN
Property Style:
Four Plex
Zip Code:
55413
Neighborhood/Area:
Logan Park
Subdivision Name:
Auditors Sub 029
Interior
Finished Area:
5,317 ft2
Living Area:
5,317 ft2
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
4
Garage Dimensions:
42x24
Garage Size:
1,008 ft2
Foundation Size:
4,829 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Exterior Material:
Stucco
Lot & Land
Acres:
0.17
Geolocation:
45.002921, -93.254116
Lot Dimensions:
7405 SF
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
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$9,721
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,721
Income
Annual Gross Income:
$60,360
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water - In Street
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of MRG Realty Partners, LLC.
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.