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Active NEW!
$378,000
/mo Edit
Multi-family:  2 Stories
3 br • 2 ba • Built 1900
1,488 sqft • 0.11 acres
MLS# 7030145
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    Property Description

    Fabulous 2 unit NE duplex with history of solid rental income and great maintenance, facing Beltrami Park. Fantastic walkable location overlooking the park, close to brewery, coffee, restaurants. Main level is a 2 bedroom unit with living room, large updated eat-in kitchen, 1 full bath and back entry mudroom. Kitchen features exposed brick, dual fuel range, dishwasher, refrigerator, solid wood cabinets, pullout cutting boards, butcher-block and concrete countertops. Front porch with Douglas fir floors and Jalousie windows, additional side porch and back deck. Maple and oak hardwood floors, slate floor, 9' tall ceilings. Efficient furnace with humidifier, remote control ceiling fans, LED lighting. Upper level is a 1 bedroom with office, living room, one bath and eat-in kitchen with exposed brick, classic range and refrigerator, under-cabinet lighting. High efficiency furnace with central air, ceiling fan, LED lighting, maple hardwood floors, slate floors, new living room carpet in 2025. Property features new 3/4" copper water line from the street in 2023, newly repaired sewer main 2026, roof replaced in 2023, washer, electric dryer. Separate electrical panels (100 amps each), furnaces, AC (upper only) and water heaters (2018). Repaved driveway in 2025. Mature trees include white pine, cedar, and columnar oak, shrubs include barberry, juniper and arborvitae. Reclaimed wood privacy wall, clothesline, 1+ car garage with electricity, front steps and sidewalk redone in 2010.

    Listing

    Contingency: None
    Price per sq ft: $254
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55413
    Neighborhood/Area: 4
    Subdivision Name: Cummings 2nd Add

    Interior

    Living Area: 1,488 ft2
    Refrigerators: Two
    Basement Details:
    • Crawl Space
    • Partial
    • Storage Space

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 21x16
    Garage Size: 336 ft2
    Garage Door Width: 12
    Foundation Size: 434 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    Shared Amenities: Laundry
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • In Basement
    • Washer Hookup

    Lot & Land

    Acres: 0.11
    Geolocation: 44.997808, -93.241891
    Lot Dimensions: 125 x 39
    Zoning: Other
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Medium

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,301
    Annual Maintenance Expense: $365
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Broadband, Cable TV, Electricity, Gas, Janitorial Service, Lawn Care, Sewer, Snow Removal, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,925
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $6,203

    Income

    Annual Gross Income: $40,230

    Rent

    Annual Net Income: $31,275

    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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    Listing provided by RMLS, courtesy of Verve Realty.
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