For Sale: Minneapolis MLS# 6705676
Active
NEW!
$375,000
Multi-family: Duplex Up and Down
Built 1910
1,580 sqft • 0.12 acres
Minneapolis schools
MLS# 6705676

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Property Description
**Seller is representing themselves**
This turn of the century duplex is nestled in the heart of the highly desirable Seward neighborhood of South Minneapolis, just a stoneâ??s throw from the Mississippi River walking and biking paths!
It has a newly refinished, move-in ready first floor apartment and fantastic upper apartment tenants of over 9 years.
The duplex was owner-occupied for years before being fully rented out, and has enjoyed long term tenants without a single monthâ??s vacancy for over 15 years.
With newly replaced utilities, a roof in great shape, and gorgeous hardwood flooring throughout, this unique find offers the comfort of your new home or a safe long-term investment.
Donâ??t miss this rare opportunity to live on Minneapolis Ave; a quick walk to the Seward Coop, Darling Cafe, coffee shops and parks.
This one will go fast. Schedule a tour today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$375,000
Price per sq ft:
$237
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1910
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55406
Neighborhood/Area:
Seward
Subdivision Name:
Riverside Blvd Add
Interior
Finished Area:
1,580 ft2
Living Area:
1,580 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Daylight/Lookout Windows
- Drainage System
- Storage Space
- Sump Pump
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
600 ft2
Foundation Size:
800 ft2
Fencing:
Chain Link, Full, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached
- Garage Door Opener
- More Parking Onsite for Fee
Shared Amenities:
- Deck
- Laundry
- Porch
Road Frontage:
City Street
Exterior Material:
Wood Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.12
Geolocation:
44.959449, -93.222391
Lot Dimensions:
5, 227
Zoning:
Residential-Multi-Family
Lot Description:
- Many Trees
- Public Transit (w/in 6 blks)
Farm
Topography:
Level
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,200
Annual Fuel Expense:
$1,200
Annual Insurance Expense:
$2,200
Annual Maintenance Expense:
$250
Annual Gross Expense:
$6,803
Annual Trash Expense:
$960
Annual Water/Sewer Expense:
$493
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,014
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,014
Income
Annual Gross Income:
$28,800
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 The Real Estate Collaborative.
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.