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Active NEW!
$619,900
/mo Edit
Multi-family:  Duplex Side by Side
Built 1940
3,211 sqft • 0.32 acres
St. Louis Park schools
MLS# 6793863
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    Property Description

    Fantastic Owner-Occupant or Investment Opportunity in St. Louis Park! This well-maintained duplex offers the best of both worlds—monthly rental income plus the chance to build equity in a desirable neighborhood. The occupied one-bedroom unit provides consistent income, while the spacious 3-bedroom, 1.5-bath vacant unit (over 1, 900 sq. ft.) is move-in ready for an owner-occupant or new tenant. Both units feature updated kitchens and bathrooms, fresh paint, and new carpet. Both units showcasing beautiful hardwood floors on the main level. The vacant unit has a brand new mini-split system added to all three bedrooms. Situated on a corner, fenced-in lot, the property also includes a 2-car detached garage and refreshed landscaping, adding to its curb appeal. With strong rental potential and plenty of space to make it your own, this duplex is an ideal option for investors or homeowners looking to offset their mortgage.

    Listing

    Contingency: None
    Price per sq ft: $193
    City: Saint Louis Park
    County: Hennepin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55416
    Subdivision Name: Rgt St Louis Park

    Interior

    Living Area: 3,211 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Partially Finished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 2
    Garage Size: 600 ft2
    Foundation Size: 1,544 ft2
    Fencing: Full
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Ductless Mini-Split
    • Forced Air
    Parking Features: Attached Garage
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.32
    Geolocation: 44.933048, -93.351
    Lot Dimensions: 179 x 132 x 157 x 45
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Irregular Lot

    Farm

    Topography: Level

    Schools

    School District: 283
    District Phone: 952-928-6000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,207
    Annual Maintenance Expense: None
    Annual Gross Expense: $8,686
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,476
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,476

    Income

    Annual Gross Income: $25,200

    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!

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