For Sale: Minneapolis MLS# 6776160
Active
NEW!
$540,000
Multi-family: Duplex Up and Down
Built 1956
2,660 sqft • 0.11 acres
Minneapolis schools
MLS# 6776160
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Property Description
Discover the potential of this charming duplex at 3112 45th Avenue South in Minneapolis. This versatile property offers comfortable living spaces, perfect for owner-occupiers or creative investors seeking an income-generating opportunity. Inside, each of the two units features spacious, light-filled rooms with hardwood floors, offering a welcoming atmosphere. With a total of four bedrooms and two bathrooms, this property provides ample space for living and entertaining. Outside, enjoy established gardens, mature trees, and a two-car garage. The lot spans 4, 792 square feet, offering plenty of outdoor space for relaxation or gardening. Located in the desirable Cooper neighborhood, this property combines convenience and charm, making it a smart choice for your next investment or home. Don't miss out on this unique opportunity.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$540,000
Price per sq ft:
$203
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1956
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55406
Neighborhood/Area:
Cooper
Subdivision Name:
Waltons 7th Add To Seven Oaks
Interior
Finished Area:
2,660 ft2
Living Area:
2,660 ft2
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
432 ft2
Foundation Size:
1,276 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Shared Amenities:
Laundry
Exterior Material:
Stucco
Lot & Land
Acres:
0.11
Geolocation:
44.946339, -93.209133
Lot Dimensions:
40 x 117
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:
$4,500
Annual Maintenance Expense:
$1,200
Annual Gross Expense:
$5,000
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,800
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,189
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,189
Income
Annual Gross Income:
$42,600
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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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!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.