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Active NEW!
$369,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1913
1,987 sqft • 0.12 acres
Minneapolis schools
MLS# 6594272
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    Property Description

    Welcome to this delightful duplex in the heart of the Longfellow neighborhood. The first-floor unit, freshly painted and clean, features 2 bedrooms and 1 bath with bright, airy living space, a well-appointed kitchen, comfortable bedrooms and a fantastic front porch. The upper-level unit offers 1 bedroom and 1 bath, with an efficient kitchen, serene bedroom and a private upper deck. It’s a retreat in the treetops. Originally built as a single family home, this property is easily converted back for a family looking for extra space. Laundry and storage in the basement. TONS of updates! Brand new roof (July 2024), New GE Commercial Washer installed in 2021, New Goodman Furnace for Main floor installed in 2022, New Maytag Dryer installed in 2023, New Electric Circuit Breaker Panels added in 2023, also Control Board replaced in 2nd furnace fall 2024 just to name a few. Newer spacious 3-car garage, perfect for parking and storage. Located close to coffee shops, grocery stores, and restaurants, also just a few blocks from the Mississippi River Parkway. Long term owner with fantastic rental history, this is an exceptional home or investment opportunity. Hands down the best value in South Minneapolis.

    Listing

    Contingency: None
    Price per sq ft: $186
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55406
    Neighborhood/Area: Longfellow
    Subdivision Name: Longfellow

    Interior

    Living Area: 1,987 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 3
    Garage Size: 864 ft2
    Foundation Size: 960 ft2
    Fencing: Partial, Privacy, Wood
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached
    • Garage Door Opener
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Wood Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.12
    Geolocation: 44.948765, -93.218195
    Lot Dimensions: 40 x 128

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Gross Expense: $2,003
    Annual Water/Sewer Expense: $1,848
    Tenant Expenses: Cable TV, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,355
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,355

    Income

    Annual Gross Income: $27,240

    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

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you 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.