For Sale: Minneapolis MLS# 7044319
Active
$450,000
Multi-family: Duplex Side by Side
8 br • 4 ba • Built 1957
2,812 sqft • 0.14 acres
MLS# 7044319
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Property Description
Duplex near U of M, Como neighborhood, 1094-1096 26th. Long time owner is retiring and diversifying. Currently rented and has had 100% occupancy in 25 years of ownership. Side by side duplex, 1096 unit has 3BRs, 2BAs, and is rented through August of 2027. The other unit, 1094, has 5BRs, 2BAs, and is rented through August 2027. Tenants pay gas and electric, owner pays water/trash. Each unit has its own AC, Furnace and Laundry room.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Price per sq ft:
$160
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1957
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55414
Neighborhood/Area:
14
Subdivision Name:
Glencar Add
Interior
Bedrooms:
8
Bathrooms:
4
Finished Area:
2,812 ft2
Living Area:
2,812 ft2
Refrigerators:
Two
Basement Details:
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
1,562 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Gravel
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
- In Unit
- Lower Level
Lot & Land
Acres:
0.14
Geolocation:
44.99088, -93.216066
Lot Dimensions:
48 X 128
Zoning:
Residential-Multi-Family
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,128
Annual Maintenance Expense:
None
Annual Trash Expense:
$1,200
Annual Water/Sewer Expense:
$2,160
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,540
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,540
Income
Annual Gross Income:
$41,340
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$28,312
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.
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Listing provided by RMLS,
courtesy of Morgan And Trust Realty.
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.