For Sale: Minneapolis MLS# 7112263
Active
NEW!
$295,000
Multi-family: Duplex Up and Down
3 br • 2 ba • Built 1900
1,510 sqft • 0.17 acres
Minneapolis schools
MLS# 7112263
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Fantastic investment opportunity in the heart of Longfellow! This beautifully maintained up-and-down duplex offers the perfect blend of classic Minneapolis character and thoughtful updates. Each unit features spacious living areas, generous natural light, updated kitchens with stainless steel appliances, in-unit laundry, and comfortable floor plans that tenants love. Original woodwork and timeless architectural details preserve the home's historic charm while modern improvements provide today's conveniences.
Outside, enjoy a large fenced backyard, plenty of green space, and a rare oversized detached 3-car garage offering exceptional parking, storage, or workshop potential. Both units are currently leased, providing immediate rental income for investors, while future owner-occupants can enjoy the flexibility of living in one unit and offsetting their mortgage with rental income from the other.
Located in one of Minneapolis' most sought-after neighborhoods, you'll be just minutes from Minnehaha Falls, the Mississippi River trails, parks, coffee shops, restaurants, light rail, Downtown Minneapolis, and major commuter routes. Whether you're expanding your investment portfolio or looking for an owner-occupied duplex in an unbeatable location, this Longfellow gem is one you won't want to miss!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$295,000
Price per sq ft:
$195
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55406
Neighborhood/Area:
44
Subdivision Name:
South Side Add
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,510 ft2
Living Area:
1,510 ft2
Basement Details:
Crawl Space
Exterior
Stories:
Two
Garage Spaces:
3
Garage Dimensions:
30x21
Garage Size:
671 ft2
Garage Door Height:
7
Foundation Size:
210 ft2
Fencing:
Chain Link, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Detached Garage
- Electric
- Garage Door Opener
- Gravel
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Street Lights
Pool:
None
Roof Details:
- Asphalt
- Pitched
Rooms
Laundry:
In Unit
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.17
Geolocation:
44.950742, -93.233592
Lot Dimensions:
48X152
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$1,627
Annual Insurance Expense:
$1,800
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,875
Tenant Expenses:
Electricity, Gas, Hot Water
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$6,048
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,048
Income
Annual Gross Income:
$30,840
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 BuyRentSell.com, LLC.
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.