For Sale: Minneapolis MLS# 6703364
Active
NEW!
$650,000
Multi-family: Duplex Up and Down
Built 1927
2,567 sqft • 0.14 acres
Minneapolis schools
MLS# 6703364
Open House
11a - 12:30p
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Property Description
Welcome to 4913-4915 Chicago Ave, a classic Tudor duplex in the quaint Northrup neighborhood. Built in 1927, its neighbors and itself were built as original duplexes (not converted) and together bring a special charm to the block. These vintage duplexes on the 49th block of Chicago rarely come up for sale, with only 5 sales in the past decade.
Inside you will find two mirrored up/down units, each with their own separate garage and separate huge laundry/storage rooms. Both units have persevered their original custom kitchen cabinetry, brick art deco fireplaces, hardwood floors throughout and bathroom tiles. MAC updates to the home provided new windows (but still keeping with the stylistic integrity of the period and original custom sizes), insulations, venting and storm windows. Additionally, the brand-new roof, brand new attic insulation and brand-new sewer liner will put the new owner's mind at ease. Lots of fresh paint and ascetic updates has this duplex turnkey and ready to rent. Perfect as an owner occupied, Airbnb, short term or full-term rental property.
Only one block away from a popular strip filled with taphouses, bakeries, theater, dinner club, coffee houses, restaurants and shopping. Sitting on a primary bus route, it is extremely convenient for short term guests with fast transportation to and from the nearby airport. This property is vacant, clean and ready to go! Don't miss this one, the care to get this home ready for market was taken seriously by these sellers, with a laundry list of recent renovations and updates.
***FREE BONUS INCLUDED IN PURCHASE: All rights to images and video seen here on the MLS to be transferred with sale, to be used in future marketing needs for the new owner.***
Please request the list of recent COMPS for long term rentals in the area, and more information available on short term rental management options and financials.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$650,000
Price per sq ft:
$253
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1927
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55417
Neighborhood/Area:
Northrop
Subdivision Name:
Shenandoah Terrace
Interior
Finished Area:
2,567 ft2
Living Area:
2,567 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Full
- Storage Space
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
480 ft2
Foundation Size:
1,284 ft2
Fencing:
Privacy, Wood
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Attached Garage
- Concrete
- Garage Door Opener
- No Int Access to Dwelling
Road Frontage:
- City Street
- Paved Streets
- Storm Sewer
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
Asphalt
Lot & Land
Acres:
0.14
Geolocation:
44.9137232471, -93.2622445741
Lot Dimensions:
50.00 X 124.00
Zoning:
Residential-Multi-Family
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:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,767
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,767
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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 BRIX Real Estate.
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.