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For Sale:  Minneapolis MLS# 6747036

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Active NEW!
$324,900
/mo Edit
Multi-family:  Duplex Side by Side
Built 1900
1,727 sqft • 0.08 acres
Minneapolis schools
MLS# 6747036
952-838-5896
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    Property Description

    Duplex living in the heart of the Art District in NE Minneapolis. Come experience this exceptional opportunity at 118–120 14th Avenue NE, offering the perfect blend of location, flexibility, and investment potential in one of the city's most energetic and creative communities. Whether you're looking to live in one unit and rent the other or expand your investment portfolio, this property fits the bill. Unit 118 boasts a two-bedroom, one-bathroom space with a dedicated dining room, tasteful kitchen, and is ready for immediate occupancy. Unit 120 features one oversized bedroom and one full bathroom with an open and spacious kitchen and is currently leased (month-to-month), offering consistent rental income and a solid history of tenancy. Set on a quiet, tree-lined street just steps from an array of local favorites - coffee shops, galleries, breweries, and restaurants - this location is a true urban gem. Access to green spaces, public transportation, and downtown Minneapolis adds to the everyday convenience. This is your chance to own a versatile property in a thriving neighborhood known for its energy, diversity, and community feel.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $324,900
    Price per sq ft: $188
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 0
    County: Hennepin
    Year Built: 1900
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55413
    Neighborhood/Area: Sheridan
    Subdivision Name: Traders Add To St Anthony

    Interior

    Finished Area: 1,727 ft2
    Living Area: 1,727 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 357 ft2
    Fencing: Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Shared Amenities:
    • Patio
    • Porch
    Road Frontage:
    • City Street
    • Curbs
    • Sidewalks
    Exterior Material: Metal Siding
    Roof Details:
    • Age Over 8 Years
    • Architectural Shingle
    • Asphalt

    Lot & Land

    Acres: 0.08
    Geolocation: 45.001355, -93.269713
    Lot Dimensions: 41.10 x 87.00
    Zoning: Residential-Multi-Family
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,700
    Annual Maintenance Expense: None
    Annual Gross Expense: $3,400
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,700
    Tenant Expenses: Electricity, Gas, Snow Removal

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,110
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,110

    Income

    Annual Gross Income: $31,140
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Listing provided by RMLS, courtesy of Fazendin REALTORS.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.