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Active NEW!
$400,000
/mo Edit
Multi-family:  More Than 2 Stories
4 br • 2 ba • Built 1910
2,496 sqft • 0.12 acres
MLS# 7021855
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    Property Description

    Welcome to a rare South Minneapolis duplex where history hasn’t been stripped out… it’s been preserved. From the moment you step inside, you’ll see the original stained glass windows, hardwood floors, and built-ins designed to last a century (and have). A classic plate rail runs the dining room perimeter. And yes—original embossed leather wallpaper. The real thing. The kind you read about in architectural books. Both units offer front porches made for morning coffee and evening conversations. This is the kind of property that reminds you why Minneapolis became famous for its early 20th- century duplex construction. Upstairs, the unfinished third floor presents a true value-add opportunity. Whether you envision a stunning primary suite or, additional finished square footage, the ceiling height is there. Outside, you’ll appreciate the dead-end alley—minimal traffic, maximum privacy—and a detached two-car garage that’s increasingly rare in this price point and location. Set on a block where neighbors clearly display pride of ownership, this property offers that elusive combination: architectural integrity, thoughtful maintenance, and upside potential. Whether you’re an owner-occupant looking to live beautifully while building wealth, or an investor who understands that character rents and sells, this is the kind of duplex that doesn’t come around often. Well-maintained. Historically rich. Financially smart. South Minneapolis at its best.

    Listing

    Contingency: None
    Price per sq ft: $160
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: More Than 2 Stories
    Zip Code: 55407
    Neighborhood/Area: 11
    Subdivision Name: Henry M Morses Add

    Interior

    Living Area: 2,496 ft2
    Refrigerators: Two
    Basement Details:
    • Other
    • Storage Space

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Size: 535 ft2
    Foundation Size: 1,248 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Parking Features: Detached Garage
    Road Frontage: City Street
    Exterior Material: Frame

    Rooms

    Laundry: Common Area

    Lot & Land

    Acres: 0.12
    Geolocation: 44.936918, -93.264637
    Lot Dimensions: 45 x 116
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    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: $600
    Annual Water/Sewer Expense: $1,200
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,127
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,127

    Income

    Annual Gross Income: $33,600

    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!

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    Listing provided by RMLS, courtesy of Keller Williams Realty Integrity.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.