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$409,900
Est. payment /mo
6 Beds
2 Baths
2,079 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,079 sqft
Price per Sqft $197
Subdivision Clara E Fuller Add
MLS Listing ID 7120659
Bedrooms 6
Year Built 1989
Annual Tax Amount $5,592
Tax Year 2026
Contingent None
Lot Size 2,178 Sqft
Lot Dimensions 42.5x50
Property Sub-Type Duplex Up and Down
Property Description
Well-maintained, fully occupied duplex in a prime University of Minnesota location offering immediate cash flow and strong long-term investment potential. Both units are leased with a current gross rental income of $3,325 per month ($39,900 annually). The property has a solid operating history, stable tenants, and presents an excellent opportunity for investors seeking a turnkey rental. Future upside exists through cosmetic updates and potential rent growth while benefiting from immediate income from day one. Conveniently located near the University of Minnesota, public transportation, restaurants, and shopping.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block, Finished
Interior
Heating Radiant
Fireplace No
Laundry Common Area
Exterior
Parking Features Paved Lot
Roof Type Other
Building
Story Split Entry (Bi-Level)
Foundation 1039
Sewer City Sewer - In Street
Water City Water - In Street
Level or Stories Split Entry (Bi-Level)
New Construction false
Schools
School District Minneapolis
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Listed by Allen Theisen • Coldwell Banker Realty - Southwest Regional
NEARBY SCHOOL & BUSINESS
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