For Sale: Minneapolis MLS# 6692947
Active
$499,500
Multi-family: Duplex Up and Down
Built 1912
2,784 sqft • 0.07 acres
Minneapolis schools
MLS# 6692947

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Property Description
Remodeled, classic duplex only a few blocks from Augsburg College in the Cedar Riverside neighborhood. Stunning, refinished hardwood floors, natural woodwork and built-ins. 6+ bedrooms, 3 bathrooms, 2 huge screened in porches. Updated kitchens with granite countertops, new stainless steel appliances and walk-in pantries. Main floor unit has two bedrooms and one full Bath. Upper unit includes both the 2nd and 3rd floors, four total Bedrooms plus office, living room, dining room, family room and two bathrooms. Everything painted, many windows replaced, roof only 12 years old and new sewer liner in 2025. Can be used as duplex, possible short term rental or maybe converted to large single family. The prime location next to Augsburg College, Fairview M Health Hospital and the U of MN West Bank makes for endless investment opportunities. Shared laundry in lower level. Separate gas and electric for each unit. Estimated income/expense numbers. Detached garage.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$499,500
Price per sq ft:
$179
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1912
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55454
Neighborhood/Area:
Cedar Riverside
Subdivision Name:
Austins Rgt & Sulleys
Interior
Finished Area:
2,784 ft2
Living Area:
2,784 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Full
- Shared Access
- Storage Space
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
2
Garage Dimensions:
21x19
Garage Size:
400 ft2
Foundation Size:
1,090 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
Detached
Shared Amenities:
Laundry
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
Asphalt
Lot & Land
Acres:
0.07
Geolocation:
44.966808, -93.233559
Lot Dimensions:
39 x 77
Zoning:
Residential-Multi-Family
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:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$15,818
Annual Trash Expense:
$720
Annual Water/Sewer Expense:
$800
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,185
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,185
Income
Annual Gross Income:
$51,600
Misc. Annual Income:
None
Misc. Monthly 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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Listing provided by RMLS,
courtesy of Morgan And Trust Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.