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For Sale:  Minneapolis MLS# 6823206

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Active NEW!
$239,990
/mo Edit
Single Family:  1 Story
3 br • 1 ba • Built 1923
1,084 sqft • 0.12 acres
Minneapolis schools
MLS# 6823206
763-576-8286
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    Property Description

    Beautifully renovated South Minneapolis rambler with tenants in place—a perfect turnkey investment opportunity. This 3-bedroom, 1-bath home was taken down to the studs and rebuilt with quality throughout. Updates include new LVP flooring, fresh paint, modern fixtures, and fully updated electrical and plumbing systems. The bright, contemporary kitchen features new cabinetry, stainless steel appliances, and a clean, open layout. The main level offers two bedrooms and a full bath. The finished lower level includes a spacious family/rec room with its own egress window, plus a third bedroom featuring a dedicated egress window for safety and natural light. A brand-new white washer/dryer set completes the lower level. Fully fenced front and back yards offer privacy and outdoor enjoyment. Parking includes two off-street spots in the rear alley plus ample street parking. Located minutes from Lake Nokomis, Minnehaha Falls, downtown Minneapolis, the airport, and the Mall of America. Currently rented for $2, 250/month, with tenants responsible for all utilities except water. Strong ROI and minimal maintenance—ideal for investors seeking a stable, high-demand rental property in the heart of the city.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $239,990
    Price per sq ft: $221
    Property Type: Single Family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1923
    State: MN
    Property Style: 1 Story
    Zip Code: 55419
    Neighborhood/Area: Regina
    Subdivision Name: F A Savages Portland Ave Add

    Interior

    Bedrooms: 3
    Bathrooms: 1
    Finished Area: 1,084 ft2
    Total Fireplaces: 0
    Living Area: 1,084 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Full

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 572 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Gravel
    • Open
    • Parking Lot
    Exterior Material: Stucco

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Main Level Size Sq Ft
    Bedroom 1  13.2 x 10.2  130 
    Bedroom 2  11.2 x 8.5  88 
    Living Room  12 x 9  108 
    Kitchen  10.2 x 10.5  100 
    Basement Level Size Sq Ft
    Family Room  23 x 10  230 
    Bedroom 3  10.7 x 10  100 

    Lot & Land

    Acres: 0.12
    Geolocation: 44.920946, -93.26987
    Lot Dimensions: 40 x 129
    Zoning: Residential-Single Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,742
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,020
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System:
    • City Sewer - In Street
    • City Sewer/Connected
    Water System:
    • City Water - In Street
    • City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Bridge Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.