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Active NEW!
$300,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1900
2,507 sqft • 0.14 acres
Minneapolis schools
MLS# 7013822
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    Property Description

    Investor opportunity in sought after Northeast Minneapolis. This classic early 1900s era duplex sits in a fantastic, walkable NE location and is ready for a full renovation to bring it back to life. Great bones throughout, including hardwood floors and generous natural light from large windows in both units. Each unit offers a spacious floor plan and two bedrooms. The basement offers potential to add a third unit, adding rental income or owner occupant flexibility once permitted and built out. This is a true sweat equity project for an experienced investor, contractor, or house hacker looking to maximize value in a high demand rental corridor close to shops, restaurants, and easy access to downtown. Property needs significant rehab including kitchen, ceilings, and mechanical updates. Bring your vision and bring this duplex back to life!

    Listing

    Contingency: None
    Price per sq ft: $120
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55413
    Neighborhood/Area: 5
    Subdivision Name: Walters Sub In Bottineaus 2nd

    Interior

    Living Area: 2,507 ft2
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 960 ft2
    Handicap Accessible: None
    Heating System:
    • Forced Air
    • Hot Water

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.14
    Geolocation: 45.005914, -93.263525
    Lot Dimensions: 38 x 155

    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

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,601
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,601

    Income

    Annual Gross 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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    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 Real Broker, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.