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Active
$475,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
1,224 sqft • 0.13 acres
Minneapolis schools
MLS# 6746379
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    Property Description

    Fantastic Investment Opportunity in Prime Northeast Minneapolis Location! This well-maintained duplex at 713 2nd St NE features two spacious units, each offering 2 bedrooms and 1 bathroom. Both units include in-unit laundry and onsite parking, providing ultimate convenience for tenants. Solid rental history make this a turn-key addition to any investor’s portfolio. Both units are currently leased with tenants who have recently signed new year-long leases, ensuring stable income from day one. Located in a high-demand area just minutes from restaurants, coffee shops, and downtown Minneapolis. Don’t miss your chance to own a great property in one of the city's most desirable neighborhoods!

    Listing

    Contingency: None
    Price per sq ft: $388
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55413
    Neighborhood/Area: St. Anthony West
    Subdivision Name: Bottineaus Add

    Interior

    Living Area: 1,224 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details: Partial

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 859 ft2
    Fencing: Chain Link
    Handicap Accessible: Door Lever Handles, Soaking Tub
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Hot Water
    Parking Features: Open
    Shared Amenities: Common Garden
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material: Fiber Cement
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.13
    Geolocation: 44.995779, -93.262982
    Lot Dimensions: 33 x 165
    Lot Description: Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    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: $1,531
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,256

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,799
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,799

    Income

    Annual Gross Income: $48,320

    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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    Listing provided by RMLS, courtesy of Real Broker, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.