Sold: Minneapolis MLS# 7116964
Sold
$415,000 (list price)
$383,000
Multi-family: Duplex Side by Side
5 br • 4 ba • Built 1924
2,600 sqft • 0.16 acres
Minneapolis schools
MLS# 7116964
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Property Description
Seller willing to complete TISH repairs! This exceptional duplex is an ideal opportunity for an owner-occupant or investor. The spacious 3-bed, 2-bath front unit is available for immediate move-in or historically has rented for $2200/month, while the 2-bed, 2-bath rear unit is rented for $1, 775/month to excellent long-term tenants with a lease through June 2027 who would like to stay longer. Separate utilities for each unit.
Both units are two stories and offer privacy with city views from the top-floor bedrooms. Located just blocks from desirable Byrn Mawr, with parks, trails, coffee shops, and restaurants nearby. Property features a large detached garage plus two additional off-street parking spaces on a concrete slab.
Major updates include a new roof on the home and garage (2024), front-unit furnace (2022), newer windows and plumbing, and a new front-unit water heater. The rear unit was fully remodeled prior to 2021, including furnace, refrigerator, cabinets, oven, and flooring. A proven income-producing property—come see why this duplex has been a cash-flowing favorite!
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$415,000
Sold Price:
$383,000
Sold Date:
08/21/2026
Price per sq ft:
$160
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1924
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55405
Neighborhood/Area:
30
Subdivision Name:
Bowmans Add
Interior
Bedrooms:
5
Bathrooms:
4
Finished Area:
2,600 ft2
Living Area:
2,600 ft2
Refrigerators:
Two
Basement Details:
- Drain Tiled
- Full
- Sump Pump
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
530 ft2
Foundation Size:
1,430 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Concrete
- Covered
- Detached Garage
Roof Details:
Age 8 Years or Less
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.16
Geolocation:
44.979824, -93.300576
Lot Dimensions:
40 x 169
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,065
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,065
Income
Annual Gross Income:
$48,000
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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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 Northstar Real Estate Associates.
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.