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For Sale:  Minneapolis MLS# 6824538

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Active NEW!
$400,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
2,033 sqft • 0.12 acres
Minneapolis schools
MLS# 6824538
763-576-8286
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    Property Description

    Incredible investment opportunity in the highly sought-after Como neighborhood! This charming duplex has a strong rental history and an unbeatable location near the U of M, major highways, shops, restaurants, and more. The property has seen numerous updates over the past three years, including brand-new vinyl siding and exterior paint (2025), fresh interior paint, new LVP flooring in the main-floor entryway and primary bedroom, updated vinyl flooring in the upper-unit kitchen and bathroom, new carpet in the upper-unit bedroom, a new water heater (2023), in-unit washer/dryers for both units, updated light fixtures and ceiling fans, refurbished lower-level windows, and more. Whether you’re looking to owner-occupy or fully rent out both cash-flowing units, this is a fantastic opportunity in a prime location!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $400,000
    Price per sq ft: $197
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55414
    Neighborhood/Area: Como
    Subdivision Name: Elwells Add

    Interior

    Finished Area: 2,033 ft2
    Living Area: 2,033 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Daylight/Lookout Windows
    • Full
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 931 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Forced Air
    • Gravity
    • Hot Water
    • Zoned
    Parking Features:
    • Detached
    • Gravel
    • Guest Parking
    • Shared Driveway
    Shared Amenities: Porch
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Stucco
    • Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.12
    Geolocation: 44.988855, -93.231656
    Lot Dimensions: 40 x 132
    Zoning: Residential-Multi-Family
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)

    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: $1,584
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,772
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,772

    Income

    Annual Gross Income: $39,360

    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 Covenant Partners LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.