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$299,900   Price Analysis
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1622 Fremont Ave N
Minneapolis, MN 55411
6 bed 2 bath 2,115 SqFt ($141/SqFt)
7,405SqFt lot. Built 1901
Listed 2024-05-02, Taxes $3,703
Ⓧ USDA Ineligible
due to location

near Minneapolis

House Hack a duplex that BEATS th e 1% rule and live for less than rent!

* Sale Pending *

See supplements for details. Spacious up/down duplex with many updates. Great opportunity for owner/occupant or investor. The main lvel has pleasing hardwood floors, three large bedrooms, full bath and a charming front porch. Currently rented and would require minimal updates when turned over. The upper unit which is unrented, has three bedrooms, sizeable living room and full bath and has been fully updated with new carpet and fresh paint.

Other features include two-car detached garage with electric opener, fenced yard and spacious basement and attic which could be built out. Gas and electric are sub metered to bill back to tenants. Updates include new roof, new siding and new water heaters, all within last 4 years. Dont miss the opportunity to own this exceptional income property in a convenient Minneapolis location!


Presented by Kerby & Cristina Real Estate Experts at
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Listing Agent Photo

Property MLS #6509355 from NorthstarMLS

Bedrooms: 6

Basement Features: Unfinished

Full Bathrooms: 2

Heating Features: Forced Air
Heating Fuel: Natural Gas

Vinyl
Fencing: Partial, Wood
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Public Transit (w/in 6 blks)
Lot Size Acres: 0.17
Lot Size Dimensions: 47 X 154.92
Lot Size Square Feet: 7405

Garage Spaces: 2
Parking Features: Attached Garage
Garage Sqft: 609

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 2

School District: 1 - Minneapolis

North Academy Senior High is a public high school located approximately 0.3 miles away.
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Bryn Mawr Elementary School is a public elementary school located approximately 1.8 miles away.
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Anwatin Middle Com & Spanish D I is a public middle school located approximately 1.9 miles away.
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Ascension Elementary School is a private elementary and middle school located approximately 0.2 miles away.
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Annual Tax Amount: 4670.66
Source Listing Status: Pending
County: Hennepin
Directions: Hwy 94 - West Boadway Exit to Fremont to property
Tax Year: 2024
Source Property Type: Multi-Family
Source Neighborhood: Near - North
Parcel Number: 1602924420109
Subdivision: Gales Sub Sherburne Beebe Add
Trash Expense: 1000.00
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$205,000 + $13,000
$218,000
$3,703
2021$166,400 + $15,600
$182,000
$2,973
2020$171,600 + $10,400
$182,000
$3,505
2019$155,100 + $10,400
$165,500
$3,302
2018$128,600 + $10,400
$139,000
$2,857
2017$123,500 + $9,500
$133,000
$2,811
2016$123,500 + $9,500
$133,000
$2,899
2015$106,000 + $9,500
$115,500
$2,415
2014$91,000 + $9,500
$100,500
$2,268
2013$91,000 + $9,500
$100,500
$2,283
2012$91,000 + $9,500
$100,500
$2,227
2011$91,900 + $14,100
$106,000
$2,243
2010$91,900 + $28,100
$120,000
$2,220
2009$143,400 + $28,100
$171,500
$3,173
2008$185,600 + $27,200
$212,800
$3,549
2007$163,300 + $21,800
$185,100
$3,190

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Total Square Feet Living: 2115
Above Grade Finished Area: 2115
Foundation Area: 1090.00
Property Age: 123
Property Condition: Previously Owned
Roof: Age 8 Years or Less, Asphalt Shingles, Pitched
Levels or Stories: 2
Total Above Grade Sqft Area: 2223.00
Total Area Main: 1198.00
Total Below Grade Area: 1090.00

Sewer: City Sewer/Connected
Water Sewer Expense: 1200.00
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.