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For Sale:  Mounds View MLS# 7115269

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Active NEW!
$499,900
/mo Edit
Multi-family:  Duplex Side by Side
6 br • 4 ba • Built 1981
2,664 sqft • 0.46 acres
Mounds View schools
MLS# 7115269
763-576-8286
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    Property Description

    Rare investment opportunity in the highly desirable Mounds View school district! This well-maintained side-by-side duplex sits on a quiet, low traffic cul-de-sac and offers strong cash-flow potential. Each spacious unit features 3 bedrooms, 2 bathrooms, an attached 2-car garage, walkout main level, and in-unit laundry. Situated on a massive .45 acre lot, tenants of owners will love the private, expansive yard space. Conveniently located near local parks, walking trails, and quick highway access for an easy commute. This home is perfect to add to your rental portfolio or execute a value add strategy by moving right in yourself and letting the neighboring unit pay a good chunk of your mortgage! You won't want to miss this chance.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $499,900
    Price per sq ft: $188
    Property Type: Multi-family
    City: Mounds View
    Garage Spaces: 4
    County: Ramsey
    Year Built: 1981
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55112

    Interior

    Bedrooms: 6
    Bathrooms: 4
    Finished Area: 2,664 ft2
    Living Area: 2,664 ft2
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 4
    Garage Dimensions: 22x20
    Garage Size: 880 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 1,716 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    Shared Amenities: Deck

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.46
    Geolocation: 45.1160742253, -93.226081069
    Lot Dimensions: 70 x 156 x 34 x 177 x 158
    Zoning: Residential-Multi-Family

    Schools

    School District: 621
    District Phone: 6516216001

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,000
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,300
    Tenant Expenses: Electricity, Gas, Trash Collection

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $8,380
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $8,380

    Income

    Annual Gross Income: $45,700

    Units

    Total Units: 2

    Miscellaneous

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