For Sale: Minneapolis MLS# 6769475
Active
NEW!
$450,000
Multi-family: 2 Stories
5 br • 3 ba • Built 1900
2,336 sqft • 0.12 acres
MLS# 6769475
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Property Description
Calling all savvy investors! This multi-family gem on 23rd Avenue SE in Southeast Minneapolis puts you steps away from the University of Minnesota, vibrant local eateries, parks, and convenient public transit. Imagine turning this property into a steady income stream while enjoying the benefits of a highly desirable location. Recent updates: like new carpet, newer appliances, a sun-filled sunroom, updated electrical, a fenced yard, and a newer deck, add both charm and value. Whether you’re looking to rent both units or live in one while renting the other, this is a rare opportunity to combine location, modern upgrades, and strong investment potential in one package!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Price per sq ft:
$193
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
2 Stories
Zip Code:
55414
Neighborhood/Area:
14
Subdivision Name:
Cole & Weeks Add
Interior
Bedrooms:
5
Bathrooms:
3
Finished Area:
2,336 ft2
Living Area:
2,336 ft2
Refrigerators:
Two
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
2
Foundation Size:
1,204 ft2
Fencing:
Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Gravity
Parking Features:
Detached Garage
Shared Amenities:
- Deck
- Patio
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Pool:
None
Lot & Land
Acres:
0.12
Geolocation:
44.985497, -93.220684
Lot Dimensions:
127 x 41
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
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:
$7,732
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,732
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer - In Street
Water System:
City Water - In Street
Mortgage Calculator
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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 eXp Realty.
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.