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$499,500
/mo Edit
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

    Contingency: None
    Price per sq ft: $179
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55454
    Neighborhood/Area: Cedar Riverside
    Subdivision Name: Austins Rgt & Sulleys

    Interior

    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.