8 Beds
3 Baths
3,967 SqFt
8 Beds
3 Baths
3,967 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 3,967 sqft
Price per Sqft $126
Subdivision C L Willes Add To Minneapolis
MLS Listing ID 7087133
Bedrooms 8
Year Built 1909
Annual Tax Amount $6,177
Tax Year 2025
Contingent None
Lot Size 6,534 Sqft
Lot Dimensions 130x50
Property Sub-Type Duplex Up and Down
Property Description
This high-potential property is a standout addition to any investor's portfolio or an ambitious buyer looking to build immediate equity in one of Minneapolis' most active and rapidly growing areas. Perfectly positioned near the Downtown East corridor, major medical centers, light rail transit, restaurants, entertainment, and employment hubs, this property offers access to a strong tenant pool year-round.
The Perfect First Investment (Live Rent-Free!): This is a phenomenal opportunity for an owner-occupied, first-time investor. By moving into one space and renting out the rest, you can easily tap into the power of "house hacking"—allowing you to live virtually rent-free while generating immediate cash flow to pay down your mortgage.
Versatile Layout & Value-Add Potential: The flexible layout provides excellent rental potential and multiple living areas, including additional finished living space in the attic/third level that creates added usable square footage.
Bonus Value-Add: The property features updated electrical panels in the basement, setting the stage perfectly for a future basement finish to add even more equity, square footage, or rental income!
With a strong rental history, updated mechanical infrastructure, and long-term appreciation potential, this property delivers a rare combination of immediate income opportunity and future upside. Don't miss your chance to own real estate in one of the city's most vibrant, high-demand neighborhoods.
Schedule your tour today!
Location
State MN
County Hennepin
Rooms
Basement Block
Interior
Heating Boiler
Fireplace No
Laundry In Basement
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Fence Chain Link
Roof Type Age 8 Years or Less
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story More Than 2 Stories
Foundation 1400
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Concrete
New Construction false
Schools
School District Minneapolis
Nearby School & Business
Get More Information
Agent | License ID: 40658950