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For Sale:  Minneapolis MLS# 6795085

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Active NEW!
$379,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1910
1,970 sqft • 0.12 acres
Minneapolis schools
MLS# 6795085
763-576-8286
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    Property Description

    Welcome to this well-maintained side-by-side duplex in the sought-after Nokomis neighborhood of South Minneapolis, just steps from Lake Nokomis, Minnehaha Parkway, and the light rail. Recent updates include a newer roof along with updated patio doors and windows throughout. The property generates solid income with one unit leased to a long-term tenant at $1, 700/month and the other unit successfully operated as a short-term rental (Airbnb) averaging $2, 000/month—for a combined total of approximately $3, 700/month. Each unit has a private entrance, providing both privacy and convenience. This setup offers excellent flexibility: live in one unit and rent the other, continue as an investor, or maximize returns with a mix of long- and short-term rentals. The prime location adds to the appeal, with easy access to trails, shops, dining, and recreation, plus quick connections to downtown Minneapolis, the airport, and the Mall of America. Offering charm, updates, and proven income potential, this duplex is a rare opportunity in one of the city’s most desirable neighborhoods. Don’t miss it!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $379,000
    Price per sq ft: $192
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1910
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55406
    Neighborhood/Area: Standish
    Subdivision Name: W L Badgers 1st Add

    Interior

    Finished Area: 1,970 ft2
    Living Area: 1,970 ft2
    Basement Details: Unfinished

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,372 ft2
    Foundation Dimensions: 32 x 44
    Handicap Accessible: None
    Heating System: Forced Air
    Shared Amenities: Coin-op Laundry Owned
    Exterior Material: Aluminum Siding

    Lot & Land

    Acres: 0.12
    Geolocation: 44.931194, -93.22867
    Lot Dimensions: 40 x 127
    Zoning:
    • Residential-Multi-Family
    • Residential-Single 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: None
    Annual Maintenance Expense: None
    Annual Gross Expense: $4,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Grounds Care, Snow Removal

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,580
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,580

    Income

    Annual Gross Income: $44,000

    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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    Payment:  /mo

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