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Active NEW!
$668,000
/mo Edit
Multi-family:  Duplex Up and Down
5 br • 3 ba • Built 1905
3,576 sqft • 0.14 acres
MLS# 7046630
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    Property Description

    Just three blocks from beautiful Bde Maka Ska, this charming 1905 up/down duplex blends classic character with thoughtful updates in an unbeatable location. The main level unit features 2 bedrooms, including one with a dedicated office space separated by French doors - perfect for working from home. Enjoy hardwood floors throughout, a bright and spacious living room, and an oversized kitchen complete with a breakfast bar, eat-in dining area, and convenient built-in laundry. Just off the kitchen, a sunny three-season porch wrapped in windows offers the perfect spot to relax. The upper unit offers a unique and versatile layout with 3 bedrooms and 2 bathrooms. The second level includes a large living room, full bathroom, and two bedrooms, along with a kitchen featuring newer luxury vinyl flooring, eat-in space, and in-unit laundry. The connected third level adds a private bedroom, ¾ bathroom, and open flex space - ideal for an office or additional living area. Major updates include roof, siding, and water heater (2022), plus A/C mini splits added the same year for modern comfort. Outside, enjoy a fully fenced backyard and dedicated parking spaces off the alley. This property was formerly a triplex with a non-conforming lower-level unit and is now zoned as a duplex. Buyers are encouraged to verify with the City of Minneapolis the potential to convert the lower level into an ADU with owner occupancy. With exceptional walkability to restaurants, shops, lakes, and trails, this property is a fantastic opportunity for both owner-occupants and investors alike!

    Listing

    Contingency: None
    Price per sq ft: $187
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55408
    Neighborhood/Area: 23
    Subdivision Name: Calhoun Park

    Interior

    Living Area: 3,576 ft2
    Refrigerators: Two
    Basement Details:
    • Egress Window(s)
    • Finished
    • Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Foundation Size: 1,230 ft2
    Fencing: Chain Link, Full, Privacy, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Asphalt
    • Open
    • Shared Driveway
    Shared Amenities:
    • Common Garden
    • Patio
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle

    Rooms

    Laundry: In Unit

    Lot & Land

    Acres: 0.14
    Geolocation: 44.947187, -93.301744
    Lot Dimensions: 46 X 129
    Zoning: Residential-Multi-Family
    Lot Description: Irregular Lot

    Farm

    Topography: Level

    Schools

    School District: 558
    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
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $11,008
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $11,008

    Income

    Annual Gross Income: $53,820

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System:
    • City Sewer - In Street
    • City Sewer/Connected
    Water System:
    • City Water - In Street
    • 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.
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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.