This well-maintained up-and-down duplex features two spacious units, each offering 2 beds and 1 bathroom, making it an attractive option for tenants and homeowners alike.Both units are currently rented, providing immediate rental income from day one. The property also includes a detached two-car garage and an additional driveway, offering ample off-street parking for residents.Ideally situated within walking distance of the University of Minnesota, this property is surrounded by popular coffee shops, local restaurants, parks, and all the conveniences of city living. Looking to maximize your investment? The unfinished basement presents the potential to add a third unit (subject to city approval and permitting), creating an opportunity to increase future rental income.Whether you're an investor seeking a cash-flowing property with upside potential or an owner-occupant looking to offset your mortgage with rental income, this duplex checks all the boxes.
| MLS # | 7098486 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 107 |
| Listing Provided By | eXp Realty | Corey Brenner |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 2,288 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.12 |
| Heating | Forced Air |
|---|
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Other |
| Lot Features | Irregular Lot |
| Parking Features | Detached Garage |
|---|
| Property | 7038 |
|---|
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55414 |
| Area | 14 |
| Community Name | Cole & Weeks Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Cole & Weeks Add) | |
Price: $425,000 low | high Med: $410,000 sqft: 2,288 low | high Med: 2,088 $ / sqft: $186 low | high Med: $196 On site: 107 low | high Med: 18 | |
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55414 |
| Area | 14 |
| Community Name | Cole & Weeks Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Cole & Weeks Add) | |
Price: $425,000 low | high Med: $410,000 sqft: 2,288 low | high Med: 2,088 $ / sqft: $186 low | high Med: $196 On site: 107 low | high Med: 18 | |