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Key Details
Sold Price $356,000
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 1,288 sqft
Price per Sqft $276
Subdivision Tingdale Bros Portland Way
MLS Listing ID 6399595
Sold Date 08/21/23
Year Built 1959
Annual Tax Amount $2,267
Tax Year 2023
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50 x 128
Property Description
Side by side duplex located in a great location in South Minneapolis near Lake Nokomis, parks, and Mall of America. Both units feature one bedroom and one full bath, with a thoughtfully designed floor plan. Each unit also has a separate, large basement space with laundry, ample storage space, and separate mechanicals. There is great potential to finish the basement to additional bedrooms or living space, increase cash flow, and build instant equity. The tenants recently moved so both units are move-in-ready - a perfect opportunity for an owner to live in one unit and rent the other, or expand your portfolio with a well-maintained duplex and maximize rents. Minutes away from the airport and in a walkable Diamond Lake area, this home also has great potential as a short term rental. The detached 2-car garage provides an added bonus.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Daylight/Lookout Windows, Storage Space, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Garage Detached, Concrete
Garage Spaces 2.0
Fence None
Roof Type Age Over 8 Years,Asphalt
Building
Story One
Foundation 1288
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Brick/Stone,Wood Siding
New Construction false
Schools
School District Minneapolis
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