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$469,900
Est. payment /mo
4 Beds
2 Baths
2,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $213
Subdivision Lincoln Street Sup East Side Add
MLS Listing ID 7072454
Bedrooms 4
Year Built 1924
Annual Tax Amount $7,817
Tax Year 2024
Contingent None
Lot Size 3,920 Sqft
Lot Dimensions 43.8 X 84.95
Property Sub-Type Duplex Up and Down
Property Description
Welcome to this classic up/down duplex in Northeast Minneapolis, offering timeless character, thoughtful updates, and exceptional flexibility for both owner-occupants and investors. The main-floor unit will be vacant at closing, creating an ideal opportunity to move in immediately or establish current market rent while benefiting from rental income from the upper unit, which is leased through November 15, 2026, at $1,725 per month. Current rent reflects the existing, unimproved upper unit, and the property also offers additional income opportunities through garage, storage, pet, and potential future laundry income. Both units feature desirable 2-bedroom, 1-bath layouts with hardwood floors, abundant natural light, original built-ins, spacious living and dining rooms, charming archways, and private three-season porches. The main-floor unit has been freshly painted and includes new light fixtures along with an updated bathroom featuring new wainscoting, vanity, mirror, and lighting. Functional kitchens, comfortable bedrooms, and classic architectural details make each unit appealing to both occupants and tenants. The large attic and basement provide exceptional storage, workshop, hobby, or bonus space, while recent electrical updates add additional value. Outside, enjoy a detached one-stall garage, shared laundry, and all the conveniences of one of Northeast Minneapolis' most desirable neighborhoods. Just minutes from Logan Park, Windom Park, local restaurants, breweries, coffee shops, the Great Northern Greenway, and downtown Minneapolis, this property combines immediate income, owner-occupant flexibility, and long-term investment potential in a premier location. Don't miss out!
Location
State MN
County Hennepin
Rooms
Basement Unfinished
Interior
Heating Boiler
Fireplace No
Laundry In Basement
Exterior
Garage Spaces 1.0
Roof Type Age 8 Years or Less
Building
Story Two
Foundation 2200
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Read Less Info
Listed by Lars Anderson • RE/MAX Results
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