For Sale: Minneapolis MLS# 7029861
Active
NEW!
$200,000
Single Family: 2 Stories
5 br • 2 ba • Built 1900
1,504 sqft • 0.11 acres
MLS# 7029861
Ask Andy:
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Spacious former duplex offering excellent opportunity for both homeowners and investors. Currently configured as a single-family home, the layout provides great potential for an owner-occupant looking to live in the home while utilizing the upper level for rental income. The upper unit has previously rented for $2, 000/month NET with tenant paying all utilities, making this a strong cash-flow opportunity.
This 5-bedroom, 2-bath home features two bedrooms on the main level and three on the second floor, providing plenty of living space and flexibility. The property includes central natural gas furnace, central A/C, newer flooring, and updated windows. The fully fenced yard offers privacy and outdoor space. In 2019 the drain tile system & sump pump was installed. Property does need minor cosmetic updates, but it is priced accordingly, making it a great value for buyers willing to add their personal touch.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$200,000
Price per sq ft:
$133
Property Type:
Single Family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
2 Stories
Zip Code:
55411
Neighborhood/Area:
31
Subdivision Name:
The Oakland Add
Interior
Bedrooms:
5
Bathrooms:
2
Finished Area:
1,504 ft2
Total Fireplaces:
0
Living Area:
1,504 ft2
Common Wall:
No
Appliances Included:
- Dryer
- Gas Water Heater
- Range
- Refrigerator
- Washer
Basement Details:
- Drainage System
- Partial
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
720 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Gravel
- Open
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
- Concrete
- Frame
Roof Details:
- Age 8 Years or Less
- Asphalt
Rooms
1/4 Baths:
None
Full Baths:
2
Half Baths:
None
3/4 Baths:
None
Bathroom Details:
- Main Floor Full Bath
- Upper Level Full Bath
Dining/Kitchen:
Kitchen/Dining Room
Laundry:
Common Area
| Upper Level | Size | Sq Ft |
|---|---|---|
| Family Room | 16 x 11 | 176 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Dining Room | 9 x 11 | 99 |
Lot & Land
Acres:
0.11
Geolocation:
45.011572, -93.289145
Lot Dimensions:
40 x 120
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Medium
Schools
School District:
558
District Phone:
6126680000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,703
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,703
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
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 RE/MAX Results.
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.