For Sale: Minneapolis MLS# 7076166
Active
NEW!
$385,000
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1904
1,714 sqft • 0.12 acres
Minneapolis schools
MLS# 7076166
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Property Description
Fantastic owner-occupant or investment opportunity in the highly desirable Audubon Park neighborhood of Northeast Minneapolis! This immaculately maintained up-down duplex blends timeless character with thoughtful updates and flexible living options, currently serving as multi-generational family housing. Both units feature gorgeous original millwork, maple floors, 9-foot ceilings, charming archways, and abundant natural light throughout. Updated kitchens, fresh paint, newer flooring and carpet, plus updated appliances make each space move-in ready.
The upper level includes an updated HVAC, while both units offer flexible floor plans with separate front and rear entrances. The clean lower level provides excellent storage and bonus living space with laundry hook-ups, separate furnaces, water heaters, gas and electric service for each unit, plus an additional ¾ bath. Outside, enjoy a welcoming front porch, spacious deck, and great backyard with raised bed gardens, perfect for relaxing or entertaining.
Ideally located just steps from neighborhood restaurants, coffee shops, parks, trails, and entertainment, this is a rare opportunity to own a beautifully cared-for duplex in one of Northeast Minneapolis’ most sought-after neighborhoods.
Home Improvements Include:
2020
Added backyard fence and gates
Removed several trees in backyard
Completely renovated 2nd floor kitchen
New 2nd floor kitchen appliances
Refinished 2nd floor wood floors
New washer and dryer
2021
Installed new door on the south side entrance
Replaced 1st floor water heater
Repaired 6 windows on the 2nd floor
2023
Replaced 1st floor furnace
2024
Added gutters and sealed north side outer basement wall
Installed furnace and air conditioning
2026
Replaced front porch door
Listing
Listing Status:
Active
Contingency:
None
List Price:
$385,000
Price per sq ft:
$225
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
1
County:
Hennepin
Year Built:
1904
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55418
Neighborhood/Area:
2
Subdivision Name:
Chute Bros 1st Add To City Of
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,714 ft2
Living Area:
1,714 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
17x14
Garage Size:
238 ft2
Foundation Size:
1,008 ft2
Fencing:
Wood
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached Garage
Roof Details:
Asphalt
Rooms
Laundry:
In Unit
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.12
Geolocation:
45.02119, -93.245163
Lot Dimensions:
40 x 136
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Medium
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
$750
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities, Broadband, Cable TV, Grounds Care
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,405
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,405
Income
Annual Gross Income:
$40,800
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$36,550
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
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 Edina Realty, Inc..
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.