For Sale: Minneapolis MLS# 6790218
Active Contingent
NEW!
$449,900
Multi-family: Duplex Up and Down
Built 1925
2,292 sqft • 0.13 acres
Minneapolis schools
MLS# 6790218
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Property Description
Beautifully maintained craftsman-style duplex brimming with charm just steps from Powderhorn Park! Each unit offers 2 bedrooms and 1 full bath, featuring rich hardwood floors, natural light, and stunning built-ins that showcase timeless craftsmanship. The upper unit is leased at $1, 700/mo. through 7/31/26, while the main-level unit is vacant—ideal for an owner-occupant or easily rented for additional income. A brand-new roof will be installed prior to closing, giving the next owner peace of mind for years to come. The lower level includes two washers and dryers, generous storage, and a workshop space. Each unit enjoys separate boilers, water heaters, and electrical systems for easy utility distribution. A two-stall garage with individual doors adds rentable parking, and the landscaped backyard provides the perfect retreat for relaxation or entertaining. A rare opportunity to enjoy classic character, steady income potential, and one of Minneapolis’s most vibrant park-side neighborhoods all in one property!
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$449,900
Price per sq ft:
$196
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1925
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55407
Neighborhood/Area:
Powderhorn Park
Subdivision Name:
Estabrooks Add
Interior
Finished Area:
2,292 ft2
Living Area:
2,292 ft2
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Basement Details:
- Daylight/Lookout Windows
- Drain Tiled
- Full
- Storage Space
- Sump Basket
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
400 ft2
Foundation Size:
1,200 ft2
Foundation Dimensions:
27 x 45
Fencing:
Full, Privacy, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Detached
- Garage Door Opener
Shared Amenities:
- Laundry
- Patio
- Porch
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.13
Geolocation:
44.937473, -93.257868
Lot Dimensions:
45.5 x 123
Zoning:
Residential-Multi-Family
Lot Description:
Some Trees
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:
$5,088
Annual Maintenance Expense:
None
Annual Gross Expense:
$12,316
Annual Trash Expense:
$720
Annual Water/Sewer Expense:
$1,200
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,308
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,308
Income
Annual Gross Income:
$40,800
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
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 Keller Williams Realty Integrity Lakes.
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.