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For Sale:  Minneapolis MLS# 7046833

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Active
$469,000
/mo Edit
Multi-family:  Fourplex
4 br • 4 ba • Built 1900
8,352 sqft • 0.14 acres
MLS# 7046833
763-576-8286
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    Property Description

    1% RULE! Classic 4plex! Large meticulous 1bed plus den units perfect for owner occupant or investor. Located just blocks from the transformative Upper Harbor Terminal redevelopment! Enjoy future walking access to a brand new 20acre riverfront regional park, miles of connected bike trails, and the highly anticipated 8, 000 seat First Avenue outdoor amphitheater scheduled to break ground in 2026. This is a rare opportunity to own down the street from one of Minneapolis' most significant North Side investments. Recent upgrades make this property move-in ready: Unit #4 fully renovated 2022–2023, Unit #2 refreshed 2023, new siding 2023, furnaces in Units #3 & #4 replaced 2023 and LVP flooring throughout all units 2022–2023. Windows updated 2019–2022, full foundation tuck-pointing & chimneys 2019, electric panels 2017, parking lot 2017, with additional updates & rehab 2017. Plenty of off street parking. Seller is an investor who cares about the details, make this your next investment.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $469,000
    Price per sq ft: $56
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Fourplex
    Zip Code: 55412
    Neighborhood/Area: 81
    Subdivision Name: Wyoming Park Add

    Interior

    Bedrooms: 4
    Bathrooms: 4
    Finished Area: 8,352 ft2
    Living Area: 8,352 ft2
    Refrigerators: Four
    Basement Details: Partial

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 2,160 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Gravel
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.14
    Geolocation: 45.030662, -93.292292
    Lot Dimensions: 50 x 128

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,476
    Lender-owned: Not Disclosed
    Assessment Pending: Unknown
    Taxes w/ Assessments: $7,476

    Income

    Annual Gross Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    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 Side by Side Realty LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.