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For Sale:  Edina MLS# 7150750

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Active NEW!
$619,500
/mo Edit
Multi-family:  Duplex Side by Side
8 br • 4 ba • Built 1959
4,482 sqft • 0.27 acres
Edina schools
MLS# 7150750
763-576-8286
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    Property Description

    Excellent Investment Opportunity – Updated Side-by-Side Duplex! This well-maintained duplex is located in the heart of Edina, just minutes from minutes from Southdale Center Mall and is in the sought-after Edina school district, making it even more desirable. This low-maintenance investment features separate utilities (gas, electricity, water) for each unit—so tenants cover all utilities, lawn care, and snow removal. Each unit also includes a private one-car garage. Each spacious unit features a 4-bedroom, 2-bath layout with an additional basement family room and private office/den. Both units have been renovated with granite countertops and updated stainless steel appliances. It received fresh interior/exterior paint and brand-new luxury vinyl plank flooring in the lower levels. Each unit is equipped with its own private washer and dryer for added convenience. Whether you're looking for an owner-occupant opportunity or to expand your rental portfolio, this turn-key duplex checks all the boxes for location, condition, and cash flow potential. Amazing opportunity!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $619,500
    Price per sq ft: $138
    Property Type: Multi-family
    City: Edina
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1959
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55410
    Subdivision Name: Edina Bel-Air 6th Div

    Interior

    Bedrooms: 8
    Bathrooms: 4
    Finished Area: 4,482 ft2
    Living Area: 4,482 ft2
    Basement Details:
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Finished
    • Full

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 12x20
    Garage Size: 537 ft2
    Foundation Size: 2,310 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Attached Garage

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.27
    Geolocation: 44.891676, -93.328615
    Lot Dimensions: 90 x 133
    Zoning: Residential-Multi-Family

    Schools

    School District: 273
    District Phone: 9528483900

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,896
    Annual Maintenance Expense: $1,200
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Lawn Care, Snow Removal, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,702
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,702

    Income

    Annual Gross Income: $62,280

    Rent

    Annual Net Income: $58,884

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