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$1,295,000
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Multi-family:  Four Plex
16 br • 12 ba • Built 2018
7,216 sqft • 0.11 acres
MLS# 7017630
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    Property Description

    Set in the heart of Uptown, this impressive multi-level four-plex delivers space, comfort, and modern style. Each unit enjoys its own private entrance and a thoughtfully designed layout featuring 4 bedrooms and 2.75 baths, offering flexibility for a variety of living arrangements. Added bonus in units 2 & 4 of a rooftop deck. The main level highlights an open, flowing floor plan with generous living areas that feel bright and inviting. The kitchens are a standout, equipped with granite countertops, stainless steel appliances, and ample cabinetry, creating a functional and attractive hub for daily life. With in-unit laundry and separate mechanicals, every residence benefits from added convenience and independence. A rare opportunity in a sought-after location, this property blends contemporary amenities with the unbeatable energy of Uptown living. Add it to your investment portfolio!

    Listing

    Contingency: None
    Price per sq ft: $179
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Four Plex
    Zip Code: 55405
    Neighborhood/Area: 84
    Subdivision Name: Rgt Fergusons Add

    Interior

    Living Area: 7,216 ft2
    Refrigerators: One Per Unit
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Full
    • Single Tenant Access

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 1
    Garage Size: 191 ft2
    Foundation Size: 1,804 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    Shared Amenities: Fire Sprinkler System
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Flat
    • Tar/Gravel

    Rooms

    Laundry: In Unit

    Lot & Land

    Acres: 0.11
    Geolocation: 44.957659, -93.287609
    Lot Dimensions: 42 x 118
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $6,200
    Annual Maintenance Expense: $1,650
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $6,783
    Tenant Expenses: Broadband, Cable TV, Electricity, Gas, Heat, Other

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $19,316
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $19,316

    Income

    Annual Gross Income: $132,780
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $114,347

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty - Lakes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.