For Sale: Minneapolis MLS# 7073225
Active
NEW!
$475,000
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1905
2,160 sqft • 0.13 acres
Minneapolis schools
MLS# 7073225
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Property Description
Well-maintained classic brick duplex in the heart of NE Minneapolis — one of the city's most sought-after neighborhoods. Live in one unit and collect rent from the other, or lease both and let the property work for you.
Original craftsmanship shines throughout: 10-foot ceilings, hardwood floors, and generous layouts that give each unit real breathing room. Both units offer 2 bedrooms and 1 full bath, with plenty of updates already done.
Utilities are fully split — separate furnaces and water heaters for each unit — keeping operations clean and expenses easy to manage.
The upper unit adds a private balcony. The basement provides solid storage and shared laundry access. Out back, a large detached garage handles parking and overflow storage, with additional off-street parking on top of that.
Steps from NE Minneapolis's best — local restaurants, bars, breweries, and independent shops. One lease runs through the end of June, giving a new owner flexibility to move in or reset rents at market.
Many recent updates include furnaces, water heaters, and updated electrical panels in each unit. Lower unit features an updated granite countertop and a complete bath remodel. Wood floors have been restained and have been polished every 2-3 years. Added insulation in the attic. Updated railing and waterproofing on second floor deck/balcony.
Move-in ready. Income-producing from day one. Hard to find at this location. Schedule a showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$475,000
Price per sq ft:
$220
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1905
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55413
Neighborhood/Area:
68
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,160 ft2
Living Area:
2,160 ft2
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
21x21
Garage Size:
441 ft2
Foundation Size:
1,037 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached Garage
Shared Amenities:
Porch
Road Frontage:
City Street
Exterior Material:
Concrete
Pool:
None
Roof Details:
Asphalt
Rooms
Laundry:
In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.13
Geolocation:
44.9994268923, -93.2598524246
Lot Dimensions:
40 x 138
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$8,125
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$8,125
Income
Annual Gross Income:
None
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
None
Units
Total Units:
2
Miscellaneous
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
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!
Listing provided by RMLS,
courtesy of eXp 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.