For Sale: Minneapolis MLS# 7017712
Active
$1,425,000
Multi-family: Four Plex
16 br • 12 ba • Built 2017
7,216 sqft • 0.12 acres
MLS# 7017712
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Property Description
Fabulous multi-level four-plex in the heart of Uptown, offering an exceptional blend of space, privacy, and modern convenience.
Each unit features its own private entrance and a highly functional layout with 4 bedrooms on one level and 2.75 baths, ideal for
today’s lifestyle needs. The main level showcases an inviting open floor plan with generous living and dining spaces, perfect for
everyday living or entertaining. Well-appointed kitchens include granite countertops, stainless steel appliances, and abundant
cabinetry, creating a stylish and efficient workspace. Every unit is equipped with separate in-unit laundry and mechanicals, ensuring
comfort and independence for each household. Each unit features a deck, and Units 2 and 4 can boast a private rooftop deck as well!
A rare opportunity in a prime location—steps from Uptown amenities, dining, and transit—this property offers versatility for investors
or owner-occupants seeking strong rental potential and modern multi-level living.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,425,000
Price per sq ft:
$197
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
2017
State:
MN
Property Style:
Four Plex
Zip Code:
55408
Neighborhood/Area:
70
Subdivision Name:
Remingtons 2nd Add
Interior
Bedrooms:
16
Bathrooms:
12
Finished Area:
7,216 ft2
Living Area:
7,216 ft2
Refrigerators:
One Per Unit
Basement Details:
- Block
- Egress Window(s)
- Finished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Foundation Size:
1,804 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Assigned
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
Rooms
Laundry:
In Unit
Lot & Land
Acres:
0.12
Geolocation:
44.93902, -93.293654
Lot Dimensions:
40 x 128
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:
$5,800
Tenant Expenses:
Broadband, Cable TV, Gas, Heat, Other
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$21,228
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$21,228
Income
Annual Gross Income:
$139,800
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$123,050
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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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!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.