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$350,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1916
1,560 sqft • 0.13 acres
Minneapolis schools
MLS# 6587266
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    Property Description

    Welcome to a charming duplex located in the heart of the desirable Howe neighborhood. This well-maintained property features two spacious units, each offering 2 bedrooms and 1 bathroom. Inside, you'll find hardwood floors and freshly painted walls, creating a bright and inviting atmosphere. Each unit boasts a large 175 sq ft private porch, perfect for enjoying the outdoors, though this space is not included in the finished square footage. The exterior updated, with brand new fascia and gutters installed in 2024. A large, fenced-in backyard provides privacy and a secure area for outdoor activities or pets. Additionally, a detached 2-car garage offers ample storage and convenient parking. This duplex is ideally situated within walking distance to the scenic Minnehaha Falls, providing easy access to beautiful natural surroundings and recreational opportunities. The neighborhood is also filled with a variety of shops and restaurants, making everyday errands and dining out a breeze. Whether you're looking to live in one unit and rent out the other or add a valuable property to your investment portfolio, this duplex offers a rare combination of charm, location, and convenience. Don't miss the opportunity to make it yours!

    Listing

    Contingency: None
    Price per sq ft: $224
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55406
    Neighborhood/Area: Howe
    Subdivision Name: Marquette Add

    Interior

    Living Area: 1,560 ft2
    Ranges: One Per Unit, Two
    Refrigerators: One Per Unit, Two
    Basement Details:
    • Full
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 20x22
    Garage Size: 440 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 780 ft2
    Fencing: Chain Link, Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Forced Air
    • Radiant
    Parking Features:
    • Concrete
    • Detached
    • Electric
    • Storage
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Stucco
    • Vinyl Siding
    Roof Details:
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.13
    Geolocation: 44.936859, -93.22392
    Lot Dimensions: 40 X 141
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,007
    Annual Maintenance Expense: $2,770
    Annual Gross Expense: $5
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,943
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,871
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,132

    Income

    Annual Gross Income: $27,300

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    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.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Action Plus Realty, Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.