$274,900 Price Analysis    ♡   Minneapolis, MN 55411 6 bed 2 bath 2,248 SqFt ($122/SqFt) 5,227SqFt lot. Built 1900 Listed 2024-01-02, Taxes $3,023 | Ⓧ USDA Ineligible due to location near Minneapolis |
Cash cow!
Ready for a first time investor or an experienced investor. Fantastic op portunity to own a duplex at lower cost.
Both units are large 3 bedrooms and 1 bathroom. 2024 Fair Market rents are $2, 015/mo. Clean TISH.
Presented by Scott Swennes at
RE MAX Results.
Property MLS #6473174 from NorthstarMLS
Bedrooms: 6
Basement Features: Full, Unfinished
Full Bathrooms: 2
Fuel Expense: 1.00
Heating Features: Forced Air
Heating Fuel: Natural Gas
Heating Features: Forced Air
Heating Fuel: Natural Gas
Vinyl
Road Frontage Type: City
Road Frontage Type: City
Land Lease Amount Frequency: No
Lot Description: Irregular Lot, Tree Coverage - Medium
Lot Size Acres: 0.12
Lot Size Dimensions: 43x127
Lot Size Square Feet: 5227
Lot Description: Irregular Lot, Tree Coverage - Medium
Lot Size Acres: 0.12
Lot Size Dimensions: 43x127
Lot Size Square Feet: 5227
Parking Features: Driveway - Gravel
Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 1.00
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 1.00
Gross Income: 48360.00
Tenant Pays: Electric, Fuel
Tenant Pays: Electric, Fuel
Number of Units: 2
School District: 1 - Minneapolis
Hmong International Academy is a public elementary and middle school located approximately 0.2 miles away.
Map directions
Map directionsHenry Senior High School is a public high school located approximately 1.9 miles away.
Map directions
Map directionsPyc Alternative Schools is a private middle school located approximately 0.8 miles away.
Map directions
Map directionsAnnual Tax Amount: 3364.00
Source Listing Status: Active
County: Hennepin
Directions: 26TH TO EMERSON GO NORTH, HOUSE ON LEFT.
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 1.00
Manager Expense: 1.00
Source Neighborhood: Jordan
Owner Pays: Insurance, Maintenance/Repair, Taxes, Water/Sewer
Parcel Number: 0902924430093
Subdivision: Fairmount Park Add
Trash Expense: 1.00
Zoning: Residential-Multi-Family
Source System Name: C2C
Source Listing Status: Active
County: Hennepin
Directions: 26TH TO EMERSON GO NORTH, HOUSE ON LEFT.
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 1.00
Manager Expense: 1.00
Source Neighborhood: Jordan
Owner Pays: Insurance, Maintenance/Repair, Taxes, Water/Sewer
Parcel Number: 0902924430093
Subdivision: Fairmount Park Add
Trash Expense: 1.00
Zoning: Residential-Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $168,000 + $10,000 $178,000 | $3,023 |
| 2021 | $157,100 + $8,900 $166,000 | $2,711 |
| 2020 | $137,100 + $5,900 $143,000 | $2,528 |
| 2019 | $118,600 + $5,900 $124,500 | $2,259 |
| 2018 | $98,600 + $5,900 $104,500 | $1,915 |
| 2017 | $85,600 + $5,400 $91,000 | $1,706 |
| 2016 | $95,600 + $5,400 $101,000 | $1,953 |
| 2015 | $82,600 + $5,400 $88,000 | $2,114 |
| 2014 | $74,600 + $5,400 $80,000 | $1,964 |
| 2013 | $74,600 + $5,400 $80,000 | $1,756 |
| 2012 | $74,600 + $5,400 $80,000 | $1,709 |
| 2011 | $44,900 + $13,600 $58,500 | $1,239 |
| 2010 | $37,900 + $27,100 $65,000 | $1,157 |
| 2009 | $146,600 + $24,500 $171,100 | $3,338 |
| 2008 | $127,500 + $21,300 $148,800 | $2,692 |
| 2007 | $113,000 + $16,000 $129,000 | $2,358 |
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Operating Expense: 1.00
Total Square Feet Living: 2248
Above Grade Finished Area: 2248
Foundation Area: 1124.00
Property Age: 124
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 2248.00
Total Area Main: 1124.00
Total Below Grade Area: 1124.00
Above Grade Finished Area: 2248
Foundation Area: 1124.00
Property Age: 124
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 2248.00
Total Area Main: 1124.00
Total Below Grade Area: 1124.00
Electric Expense: 1.00
Sewer: City Sewer/Connected
Water Sewer Expense: 1.00
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Water Sewer Expense: 1.00
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.