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For Sale:  Minneapolis MLS# 7017495

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Active NEW!
$475,000
/mo Edit
Multi-family:  More Than 2 Stories
5 br • 3 ba • Built 1902
2,460 sqft • 0.13 acres
MLS# 7017495
763-576-8286
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    Property Description

    Fantastic owner-occupied duplex opportunity in the highly desirable Seward neighborhood! Ideally located just minutes from local coffee shops, popular restaurants, and the scenic Mississippi River, this well-maintained property offers flexibility for both homeowners and investors alike. The main floor unit features beautiful hardwood floors, two spacious bedrooms, a full bathroom, and the convenience of in-unit laundry. A long-term tenant currently occupies the main level, offering immediate rental stability. The upper unit provides three bedrooms, one full bathroom, and one half bathroom, highlighted by hardwood floors, fresh paint throughout, and new luxury vinyl plank flooring in the kitchen. Recent updates include a new roof in 2022, new garage door and opener, fresh paint in upper level and a newer high-efficiency furnace, providing peace of mind for years to come. Outdoor spaces are equally inviting with a shared deck, patio, and porch, plus a fully fenced yard featuring mature landscaping and beautiful gardens. The detached garage includes an attached workshop, perfect for hobbies, storage, or additional workspace. Whether you're a first-time buyer looking to offset your mortgage through owner occupancy or an investor seeking a strong rental opportunity in a prime Minneapolis location, this property offers exceptional value and versatility.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $475,000
    Price per sq ft: $193
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 1902
    State: MN
    Property Style: More Than 2 Stories
    Zip Code: 55406
    Neighborhood/Area: 67
    Subdivision Name: Fair Ground Add

    Interior

    Bedrooms: 5
    Bathrooms: 3
    Finished Area: 2,460 ft2
    Living Area: 2,460 ft2
    Refrigerators: Two
    Basement Details:
    • Owner Access
    • Partially Finished
    • Storage Space

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 1
    Garage Size: 404 ft2
    Foundation Size: 1,030 ft2
    Fencing: Chain Link, Full, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • Attached Garage
    • Garage Door Opener
    • Storage
    Shared Amenities:
    • Common Garden
    • Deck
    • Patio
    • Porch
    Road Frontage: City Street
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle

    Rooms

    Laundry:
    • In Basement
    • In Unit
    • Lower Level
    • Main Level

    Lot & Land

    Acres: 0.13
    Geolocation: 44.960489, -93.233453
    Lot Dimensions: 145 x 40
    Zoning: Residential-Single Family
    Lot Description: Tree Coverage - Light

    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
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,743
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,743

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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