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For Sale:  Minneapolis MLS# 7130451

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Active NEW!
$399,900
/mo Edit
Multi-family:  Duplex Up and Down
5 br • 2 ba • Built 1900
2,426 sqft • 0.13 acres
Minneapolis schools
MLS# 7130451
763-576-8286
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    Property Description

    An incredible opportunity for owner occupants in the heart of NE! This well-maintained up/down duplex blends strong cash-flow potential with high-ticket capital updates already checked off your list. The light-filled upper unit features fresh interior paint (2026), updated flooring (2020), and a remodeled full bath. Key mechanical and exterior upgrades deliver total peace of mind: brand-new roof, gutters, and gutter helmets (2025), high-efficiency furnace (2020), and replacement windows throughout (2016). Some notable property highlights include: Separate Utilities & Laundry, a 2-car detached garage plus additional off-street parking spaces, and fully fenced yard perfect for entertaining, gardening, or pets.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $399,900
    Price per sq ft: $165
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55413
    Neighborhood/Area: 68
    Subdivision Name: Cutters Add

    Interior

    Bedrooms: 5
    Bathrooms: 2
    Finished Area: 2,426 ft2
    Living Area: 2,426 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 24x24
    Garage Size: 576 ft2
    Foundation Size: 1,213 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material: Frame
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    Laundry:
    • In Basement
    • Upper Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.13
    Geolocation: 45.004858, -93.257934
    Lot Dimensions: 40 x 138
    Zoning: Residential-Multi-Family

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,000
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,826
    Tenant Expenses: Broadband, Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,156
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,216

    Income

    Annual Gross Income: $35,058

    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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    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 Premier Choice Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.