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Active Contingent
$389,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
2,216 sqft • 0.14 acres
Minneapolis schools
MLS# 6703662
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    Property Description

    Step into this beautifully renovated up/down duplex in the heart of Longfellow and discover the blend of classic charm and modern upgrades. Each spacious unit features 3 bedrooms, 1 bath, original hardwood floors, and updated kitchens with granite countertops and stainless steel appliances. The main floor unit is currently vacant and move-in ready, creating a unique opportunity for investors or owner-occupants looking for flexibility. Recent improvements include a new roof (2023), new furnaces with central AC added (2022/2023), gutters (2022), and 10 energy-efficient windows throughout. Located near vibrant local shops, cafes, and parks. This is Minneapolis living at its best.

    Listing

    Contingency: Inspection
    Price per sq ft: $176
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55406
    Neighborhood/Area: Howe
    Subdivision Name: Palmers Add

    Interior

    Living Area: 2,216 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Partial
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 1
    Foundation Size: 1,108 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached
    Shared Amenities: Laundry
    Exterior Material: Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.14
    Geolocation: 44.94007, -93.229475
    Lot Dimensions: 40X150

    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: $3,800
    Annual Maintenance Expense: $750
    Annual Gross Expense: $6,980
    Annual Trash Expense: $640
    Annual Water/Sewer Expense: $1,040
    Tenant Expenses: Cable TV, Electricity, Fuel, Gas, Snow Removal

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,305
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,305

    Income

    Annual Gross Income: $44,160

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