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Active NEW!
$430,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1921
3,108 sqft • 0.12 acres
Minneapolis schools
MLS# 6734032
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    Property Description

    Welcome to 1418 Oliver Avenue N ! A rare and spacious 7-Bedroom, 4-Bathroom duplex opportunity! Unit 1 spans two levels and offers incredible versatility with four bedrooms- two on the main floor and two in the fully finished lower level; with a full bathroom on each level. There’s also a large den that could easily be converted into a fifth bedroom. This unit offers in-unit laundry, generous living space, great flow, and plenty of storage throughout. Unit 2 (the upper unit) features soaring vaulted ceilings, a skylight that fills the space with natural light, and an open, airy feel. It includes three bedrooms, 2 full bathrooms, in-unit washer and dryer, and ample storage space that maximizes functionality. The entire property has been fully remodeled. Providing peace of mind for years to come. A clean TISH report with a certificate of approval adds an extra layer of confidence for buyers. A low-maintenance yard and an unbeatable location—just five minutes from Downtown Minneapolis, North Loop, Northeast, and Theodore Wirth Parkway. You don’t often find a duplex this spacious, unique, and well-maintained often! It would be perfect for an owner-occupant or investment opportunity. Come take a look, you won’t be disappointed :)

    Listing

    Contingency: None
    Price per sq ft: $138
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55411
    Neighborhood/Area: Willard - Hay
    Subdivision Name: Plymouth Park Add

    Interior

    Living Area: 3,108 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Finished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,104 ft2
    Fencing: Wire, Wood
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Hot Water
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.12
    Geolocation: 44.993656, -93.306597
    Lot Dimensions: 41 x 126

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,200
    Annual Fuel Expense: $12,000
    Annual Insurance Expense: $1,666
    Annual Maintenance Expense: $500
    Annual Gross Expense: $4,800
    Annual Trash Expense: $50
    Annual Water/Sewer Expense: $150
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,481
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $8,481

    Income

    Annual Gross Income: $24,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of Compass.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.