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For Sale:  Minneapolis MLS# 7123641

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Active NEW!
$549,900
/mo Edit
Multi-family:  Fourplex
4 br • 4 ba • Built 1900
3,164 sqft • 0.17 acres
Minneapolis schools
MLS# 7123641
763-576-8286
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    Property Description

    Excellent value-add opportunity in the heart of the Whittier neighborhood! This classic Victorian fourplex features two units on the main level and two units on the second level, with each upper unit offering access to an unfinished third-floor loft—creating an excellent opportunity to expand the living space and add significant value. One of the main floor units is occupied by the owner's property manager. This lease can be cancelled or negotiated as the property manager is currently paying $0. There is ample parking in the back of the home. The majority of the windows are brand new, new interior doors, all new appliances, fresh paint, and general renovations throughout! All renovations are completed in the 4 units. Only 2 units are shown in the pictures. The unfinished top floor remains as shown in the pictures (all the boarded windows have been replaced).

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $549,900
    Price per sq ft: $174
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Fourplex
    Zip Code: 55408
    Neighborhood/Area: 84
    Subdivision Name: J T Blaisdells Rev Add

    Interior

    Bedrooms: 4
    Bathrooms: 4
    Finished Area: 3,164 ft2
    Living Area: 3,164 ft2
    Refrigerators: Four
    Basement Details: Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 1,582 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Steam
    Parking Features:
    • Asphalt
    • Paved Lot
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Roof Details: Age Over 8 Years

    Rooms

    Laundry:
    • In Basement
    • Laundry Room

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.17
    Geolocation: 44.954499, -93.280118
    Lot Dimensions: 44.87 X 165
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level

    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

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $11,205
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $17,728

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer - In Street
    Water System: City Water - In Street

    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 Northstar Real Estate Associates.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.