BEDS0
BATHS
SQUARE FEET1,988
MLS#7033843
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPortland Park Add
SCHOOLMinneapolis
Property Description
Well-maintained side-by-side duplex in a convenient South Minneapolis location, an excellent opportunity for investors seeking steady rental income. Both units are currently rented, featuring hardwood floors and bright kitchens with large windows that bring in great natural light. The property includes a spacious 3-bedroom unit renting for $1,800/month and a 2-bedroom unit renting for $1,700/month, with tenants responsible for their own gas and electric, helping keep owner expenses lower. It is ideally located near neighborhood parks, restaurants, coffee shops, and everyday shopping. Enjoy easy access to Minneapolis' renowned park and trail system and nearby lakes. Commuters will appreciate quick access to I-35W and convenient connections to downtown Minneapolis. A solid investment opportunity in a vibrant and well-connected area of the city.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Block, Daylight/Lookout Windows, Full, Single Tenant Access
Heating: Forced Air
Lot Size: 0.11 Acres
Taxes: $6,496
Year Built: 1959
Feature Descriptions
Days on Site: 1
Foundation Size: 1988
Lot: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
Lot Dimensions: 41.10 X 122.10
Owners Expense: Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 1002824140030
Parking: Concrete, Open
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Fuel
Units: 2
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: RE/MAX Results
Agency Phone: 763-591-6000
Shown By
Agency Title: LeBlanc Realty
Agency Phone: 218-281-7451
Estimate Your Payment
Estimated Payment
$ 1,674.09 per month $1,001.50 Principal & Interest $541.33 Property Tax $131.25 Homeowner's Insurance
4001 5th Avenue S | MLS# 7033843
This multi-family property located at 4001 5th Avenue S, Minneapolis, MN 55409 is currently listed for sale with an asking price of $450,000. 5th Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.leblancrealty.com today.