For Sale: Minneapolis MLS# 6826286
Active
$499,900
Multi-family: More Than 2 Stories
6 br • 2 ba • Built 1904
3,286 sqft • 0.12 acres
MLS# 6826286
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Property Description
This historic, light-filled duplex blends timeless character with thoughtful modern updates. Recent improvements include a newer roof and gutters, new windows in the basement and attic, and a fully renovated main-level unit complete with stainless steel
appliances. Throughout the home, you’ll find stunning original woodwork, abundant natural light, soaring 10-foot ceilings, inlaid
wood flooring, elegant pocket doors, and more.
The insulated, gutted basement and unfinished third floor offer outstanding potential for expanded living space or
income-generating opportunities. With both spaces already taken down to the studs, the groundwork is set for your vision to take
shape. Whether you're seeking immediate rental income or a long-term equity-building investment, this property presents
exceptional versatility for both investors and owner-occupants.
Schedule your showing today—don’t miss out on this rare opportunity!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$499,900
Price per sq ft:
$152
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1904
State:
MN
Property Style:
More Than 2 Stories
Zip Code:
55404
Neighborhood/Area:
78
Subdivision Name:
Fosters Add
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
3,286 ft2
Living Area:
3,286 ft2
Refrigerators:
Two
Basement Details:
- Daylight/Lookout Windows
- Egress Window(s)
- Full
- Shared Access
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
1,643 ft2
Foundation Dimensions:
20.10x56.4
Fencing:
Chain Link
Handicap Accessible:
None
Heating System:
- Boiler
- Hot Water
- Radiant
Shared Amenities:
- Common Garden
- Concrete Floors & Walls
- Laundry
- Patio
- Security Lighting
Road Frontage:
City Street
Pool:
None
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
In Basement
Lot & Land
Acres:
0.12
Geolocation:
44.960129, -93.251998
Lot Dimensions:
43 x 120
Zoning:
- Business/Commercial
- Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$4,800
Annual Maintenance Expense:
None
Annual Trash Expense:
$2,400
Annual Water/Sewer Expense:
$1,216
Tenant Expenses:
Cable TV, Electricity, Gas, Grounds Care, Heat, See Remarks, Water
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,143
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,143
Income
Annual Gross Income:
$49,200
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Keller Williams Classic Rlty NW.
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.