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$399,900   Price Analysis
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1942 Lincoln St NE
Minneapolis, MN 55418
4 bed 2 bath 1,438 SqFt ($278/SqFt)
6,551SqFt lot. Built 1902
Listed 2024-04-12, Taxes $5,605
Ⓧ USDA Ineligible
due to location

near Minneapolis

Perfect for either an owner occupant or investor

* Sale Pending *

This quality dupl ex with a strong rental history is situated in a prime NE Minneapolis location- near the Quarry Shpping Center, breweries and restaurants, parks, Greenway trail system and with easy access to 35W and downtown.

It features: original hardwood floors, light and bright living spaces, brand new roof, maintenance free exterior, oversized 2 car garage with additional off street parking, updated and split mechanicals (furnace, water heater and electrical).


Presented by Tony Miller at
Lakes Sotheby's International Realty.
Listing Agent Photo

Property MLS #6518141 from NorthstarMLS

Bedrooms: 4

Basement Features: Daylight/Lookout Windows

Full Bathrooms: 2

Heating Features: Forced Air
Heating Fuel: Natural Gas

Vinyl
Road Frontage Type: City

Land Lease Amount Frequency: No
Lot Description: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Acres: 0.1504
Lot Size Dimensions: 50x131
Lot Size Square Feet: 6551

Garage Spaces: 2
Parking Features: Detached Garage
Garage Dimensions: 20 x 24
Garage Sqft: 480

Association: No
Association Amenities: Coin-op Laundry Owned
Calculated Total Monthly Association Fees: 0

Gross Income: 29880.00
Tenant Pays: Electric, Heat

Number of Units: 2

School District: 1 - Minneapolis

Pillsbury Elementary School is a public elementary school located approximately 0.3 miles away.
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Edison Senior High School is a public high school located approximately 0.6 miles away.
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Northeast Middle School is a public middle school located approximately 0.9 miles away.
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St Charles Borromeo School is a private elementary and middle school located approximately 0.9 miles away.
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Annual Tax Amount: 6382.78
Source Listing Status: Pending
County: Hennepin
Directions: Central Avenue To 19th East to Lincoln Go North
Tax Year: 2024
Source Property Type: Multi-Family
Source Neighborhood: Windom Park
Owner Pays: Taxes, Trash, Water
Parcel Number: 1202924340057
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$269,000 + $61,000
$330,000
$5,605
2021$246,800 + $71,700
$318,500
$5,202
2020$229,200 + $47,800
$277,000
$4,896
2019$204,200 + $47,800
$252,000
$4,573
2018$179,200 + $47,800
$227,000
$4,163
2017$145,500 + $43,500
$189,000
$3,542
2016$138,000 + $43,500
$181,500
$3,509
2015$114,500 + $43,500
$158,000
$3,205
2014$96,400 + $46,600
$143,000
$3,123
2013$95,200 + $41,300
$136,500
$2,997
2012$105,200 + $41,300
$146,500
$3,130
2011$107,800 + $47,200
$155,000
$3,986
2010$128,300 + $47,200
$175,500
$3,123
2009$146,300 + $47,200
$193,500
$4,831
2008$142,700 + $46,100
$188,800
$3,667
2007$132,200 + $32,000
$164,200
$2,747

Listed 2024-04-12
$399,900
NorthstarMLS
Sold 2023-09-19
$1,300,000
Public Record
Sold 2009-09-29
$47,334
Public Record
Sold 2006-12-27
$294,000
Public Record
Sold 2005-12-07
$200,000
Public Record
Sold 2005-08-02
$57,000
Public Record
Sold 1993-08-04
$57,000
Public Record

Total Square Feet Living: 1438
Above Grade Finished Area: 1438
Foundation Area: 899.00
Property Age: 122
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 1438.00
Total Area Main: 1438.00
Total Below Grade Area: 899.00

Sewer: City Sewer/Connected
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.