For Sale: Minneapolis MLS# 7044340
Active
$450,000
Multi-family: Duplex Side by Side
8 br • 4 ba • Built 1957
2,850 sqft • 0.14 acres
MLS# 7044340
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Property Description
Duplex near U of M, Como neighborhood, 1098-1100 26th. Long time owner, 24 years, is retiring and diversifying. Both units are currently rented. Side by side, one unit has 3BR, 2BA, other unit has 5BR, 2BA. 100% occupancy in 25 years of ownership. 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:
$158
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:
2,850 ft2
Living Area:
2,850 ft2
Refrigerators:
Two
Basement Details:
- Finished
- Full
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
1,596 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Gravel
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
In Unit
Lot & Land
Acres:
0.14
Geolocation:
44.991, -93.216065
Lot Dimensions:
47 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:
$2,086
Annual Maintenance Expense:
None
Annual Trash Expense:
$1,200
Annual Water/Sewer Expense:
$2,040
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$6,815
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,815
Income
Annual Gross Income:
$40,920
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$28,779
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.