For Sale: Minneapolis MLS# 7052607
Active
NEW!
$215,000
Single Family: 1.5 Stories
3 br • 1 ba • Built 1952
1,470 sqft • 0.12 acres
Minneapolis schools
MLS# 7052607
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Property Description
Opportunity awaits in this Minneapolis rambler conveniently located near the University of Minnesota! Whether you're an investor looking for your next flip or rental property, or a buyer ready to build some serious sweat equity, this home offers plenty of potential.
The main level features two bedrooms, a full bathroom, living room, kitchen, and a four-season sunroom overlooking the backyard. Upstairs, you'll find a versatile loft space that could function as a third bedroom, home office, additional living area, or whatever best fits your needs. The lower level also offers finished living space, providing an additional family or recreation room.
Outside, you'll appreciate the oversized detached two-car garage plus an additional parking pad, a great bonus for city living.
PLEASE NOTE: This property needs substantial renovation and is being sold in its current condition. Updates needed include, but are not limited to, siding, roof, windows, deck, kitchen, and bathroom remodeling. Due to the condition of the property, cash offers will likely be required.
Bring your ideas, your tools, and your vision. With the right improvements, this could be a fantastic investment, rental, flip, or equity-building opportunity in a convenient Minneapolis location near the U of M!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$215,000
Price per sq ft:
$146
Property Type:
Single Family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1952
State:
MN
Property Style:
1.5 Stories
Zip Code:
55414
Neighborhood/Area:
14
Subdivision Name:
Elm Street Add
Interior
Bedrooms:
3
Bathrooms:
1
Finished Area:
1,470 ft2
Total Fireplaces:
0
Living Area:
1,470 ft2
Common Wall:
No
Basement Details:
Finished
Exterior
Stories:
One and One Half
Garage Spaces:
2
Garage Size:
200 ft2
Air Conditioning:
None
Foundation Size:
902 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached Garage
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
None
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bedroom 3 | — | — |
| Main Level | Size | Sq Ft |
|---|---|---|
| Bedroom | — | — |
| Four Season Porch | — | — |
| Kitchen | — | — |
| Living Room | — | — |
| Bedroom 2 | — | — |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Family Room | — | — |
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.12
Geolocation:
44.984718, -93.224615
Lot Dimensions:
.120
Zoning:
Residential-Single Family
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,295
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,295
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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| 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 Pemberton RE.
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.