For Sale: Minneapolis MLS# 7150320
Active
NEW!
$569,900
Multi-family: Duplex Up and Down
4 br • 3 ba • Built 1981
3,381 sqft • 0.09 acres
Minneapolis schools
MLS# 7150320
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Property Description
Be a part of history! The Milwaukee Avenue Historic District is like going back in time! Milwaukee Avenue is a "pedestrian only" street. This 4-level duplex is perfect for an owner-occupant! Upper 2 floors are 1 unit, lower 2 floors are another. Lower unit is currently used as two separate 'Furnished Finders' rentals. The large efficiency unit could be owner-occupied at closing and the renters will be paying $3, 400 towards your monthly mortgage! Built in 1981, the home fits the neighborhood seamlessly, looking like it was an 1900's original. Extra bonus - this home has an attached supersized 2-car. Each unit has its own laundry, updated kitchen & bathroom and access to the attached garage. The two water heaters and the two furnaces were new in 2021, and the electrical panels were replaced a year ago.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$569,900
Price per sq ft:
$169
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1981
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55404
Neighborhood/Area:
67
Subdivision Name:
Milwaukee Mall Add
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
3,381 ft2
Living Area:
3,381 ft2
Refrigerators:
Three
Basement Details:
Block
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
2
Garage Dimensions:
26x25
Garage Size:
650 ft2
Foundation Size:
1,152 ft2
Foundation Dimensions:
24x48
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Association Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Driveway - Other Surface
- More Parking Onsite for Fee
Road Frontage:
City Street
Exterior Material:
Block
Roof Details:
- Age Over 8 Years
- Asphalt
Rooms
Laundry:
In Unit
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.09
Geolocation:
44.960504, -93.240253
Lot Dimensions:
50 x 82
Addl Parcels:
360299242100321
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Medium
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,152
Annual Fuel Expense:
$1,056
Annual Insurance Expense:
$5,000
Annual Maintenance Expense:
$1,200
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,568
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$9,299
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,299
Income
Annual Gross Income:
$57,600
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$38,158
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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 RE/MAX Results.
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.