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Active NEW!
$250,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1965
1,896 sqft • 0.12 acres
Minneapolis schools
MLS# 6766801
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    Property Description

    This well-maintained and fully rented duplex is an excellent investment opportunity! Each unit features 2 bedrooms, 1 bathroom, and offers just under 1, 000 square feet of comfortable living space. Both units are occupied by reliable long-term tenants, making it a hassle-free, income-producing property from day one. The spacious, fully fenced backyard provides a peaceful retreat—perfect for relaxing or entertaining. The shared basement is conveniently divided into two secure, private storage areas, with each side offering plenty of storage space and a dedicated washer and dryer. Whether you're a seasoned investor or just getting started, this property is ready to start working for you!

    Listing

    Contingency: None
    Price per sq ft: $132
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55411
    Neighborhood/Area: Hawthorne
    Subdivision Name: Harmony Terrace

    Interior

    Living Area: 1,896 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Storage Space

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 950 ft2
    Fencing: Full
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Wood Siding
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.12
    Geolocation: 45.009779, -93.290891
    Lot Dimensions: 126 x 40
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: $179
    Annual Electric Expense: $330
    Annual Fuel Expense: $330
    Annual Insurance Expense: $1,332
    Annual Maintenance Expense: $1,500
    Annual Gross Expense: $16,296
    Annual Trash Expense: $888
    Annual Water/Sewer Expense: $1,896

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,158
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,158

    Income

    Annual Gross Income: $30,720

    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

    Listing provided by RMLS, courtesy of Total Freedom Realty, Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.