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Multi-family:  Four Plex
Built 1908
4,728 sqft
Minneapolis schools
MLS# 6007429
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    Description:   Unique opportunity 4-Plex and single family home on one corner lot. Original hardwood floors and trim. Four-Plex has 3 large 1 bedroom units with dining space, and one large two bedroom unit. Basement can be segmented for tenants and/or owners. Single family home has two large bedrooms, kitchen, dining, and living space plus basement laundry and storage. Tremendous opportunity for investors or live in owner.
    List Price: $799,900
    Price per sqft: $169
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Four Plex
    Year Built: 1908
    Neighborhood/Area: Powderhorn Park
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55407


    Fin Sq Ft / Living Area: 4,728 sqft
    Above Ground Living: 4,728 sqft
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit
    Basement Details: Unfinished, Storage Space, Shared Access, Owner Access


    Heating System: Hot Water, Boiler
    Foundation Size: 2,152 sqft
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street, Paved Streets
    Handicap Accessible: None
    Exterior Material: Stucco
    Garage Spaces: 0
    Roof Details: Asphalt
    Upper Level Size Sq Ft
    Unit 2 Bedroom 1  12 x 15  180 
    Unit 2 Bedroom 2  11 x 14  154 
    Level Size Sq Ft
    Unit 1 Family Room   
    Main Level Size Sq Ft
    Unit 1 Bedroom 1  9 x 13  117 
    Unit 1 Dining Room  12 x 15  180 
    Unit 1 Kitchen  9 x 15  135 
    Unit 1 Living Room  11 x 17  187 
    Unit 2 Dining Room  10 x 13  130 
    Unit 2 Kitchen  8 x 9  72 
    Unit 2 Living Room  15 x 19  285 
    Lower Level Size Sq Ft
    Unit 2 Family Room  14 x 18  252 


    Acres: 0.13
    Lot Description: Corner Lot, Tree Coverage - Light
    Latitude: 44.93610000
    Longitude: -93.25962100
    Lot Size Dim.: 46x126
    Zoning: Residential-Multi-Family


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


    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,200
    Annual Maintenance Expense: $2,000
    Annual Gross Expense: $20,064
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $3,600
    Tenant Expenses: Electricity, Fuel, Cable TV

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $10,564
    Assessment Pending: No
    Taxes w/ Assessments: $10,564


    Annual Gross Income: $65,448
    Misc. Annual Income: None
    Misc. Monthly Income: None


    Total Units: 4


    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Justin Larson
    Loan Officer
    Movement Mortgage
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.

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