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$ 284,900
Est. payment | /mo
1,620 SqFt
$ 284,900
Est. payment | /mo
1,620 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 1,620 sqft
Price per Sqft $175
Subdivision Wyoming Park Add
MLS Listing ID 6697312
Year Built 1896
Annual Tax Amount $5,106
Tax Year 2025
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Duplex Up and Down
Property Description
This updated duplex offers a fantastic opportunity for both investors and owner-occupants. Renovated in 2010 with windows, flooring, kitchens, baths, and more, the home also features a brand-new roof installed in 2024 for added peace of mind. Each unit includes its own in-unit stackable washer and dryer—an attractive feature for tenants or personal use.
With total $3,050 monthly rental income, this duplex easily meets the 1% rule—marking it as a strong, income-generating property. Or owner-occupants can enjoy living for under $1,000 per month while building equity at the same time. The main floor unit was recently vacated, making it ideal for an owner-occupant looking to move in. Tenants pay their own gas and electric. Owner pays water and trash.
Located on a spacious corner lot, the property includes a large 3-car garage currently used for storage. This is a rare find that combines affordability, flexibility, and investment potential in one move-in-ready package.
With total $3,050 monthly rental income, this duplex easily meets the 1% rule—marking it as a strong, income-generating property. Or owner-occupants can enjoy living for under $1,000 per month while building equity at the same time. The main floor unit was recently vacated, making it ideal for an owner-occupant looking to move in. Tenants pay their own gas and electric. Owner pays water and trash.
Located on a spacious corner lot, the property includes a large 3-car garage currently used for storage. This is a rare find that combines affordability, flexibility, and investment potential in one move-in-ready package.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Asphalt
Garage Spaces 3.0
Roof Type Age 8 Years or Less
Building
Story Two
Foundation 795
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
Listed by Kristy Burau • Coldwell Banker Realty
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Jason Dowdey
REALTOR® | Lic# 40507956