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For Sale:  Minneapolis MLS# 7125780

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Active NEW!
$374,990
/mo Edit
Multi-family:  Duplex Side by Side
2 br • 2 ba • Built 1929
1,283 sqft • 0.11 acres
Minneapolis schools
MLS# 7125780
612-578-6927
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    Property Description

    Solid side by side duplex in the Standish neighborhood of South Minneapolis, with both apartments currently leased and producing income. This 1920s side-by-side pairs timeless character with a location that puts the best of South Minneapolis at your door. Walking distance to Northbound Smokehouse, other popular restaurants and various coffee shops. Or catch or a show at the vintage Riverview Theater. Lake Hiawatha Park and Lake Nokomis are both minutes away, with walking paths, beaches, and open water to explore. Public transportation is close by for an easy commute. Each side is a comfortable one-bedroom, one-bathroom unit with a sun-filled living room, separate formal dining room, and a functional kitchen with a gas range. Warm hardwood floors run throughout, set off by original woodwork, built-in cabinetry, a vintage farmhouse sink, and classic tiled floor baths. The meticulously cared for building and its vintage details have been well preserved in excellent condition, giving each unit real personality that still feels fresh and move-in ready. Each unit has its own private entrance, its own dedicated garage stall, and its own private storage in the divided basement, which holds four separate storage rooms. A shared coin-operated washer and dryer with hookups and a fully fenced yard complete the package. Whether you're house-hacking or growing your portfolio, don’t miss out on this incredible opportunity!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $374,990
    Price per sq ft: $292
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1929
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55406
    Neighborhood/Area: 73
    Subdivision Name: Subd Altruria-Lots 1 To 5 & 12

    Interior

    Bedrooms: 2
    Bathrooms: 2
    Finished Area: 1,283 ft2
    Living Area: 1,283 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Single Tenant Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 17x18
    Garage Size: 314 ft2
    Foundation Size: 1,210 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Heating System: Gravity
    Parking Features:
    • Asphalt
    • Assigned
    • Detached Garage

    Rooms

    Laundry:
    • Gas Dryer Hookup
    • In Basement
    • Sink
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.11
    Geolocation: 44.933217, -93.231746
    Lot Dimensions: 125 x 40
    Zoning: Residential-Multi-Family

    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: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,187
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,187

    Income

    Annual Gross Income: $25,440

    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.