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For Sale:  Minneapolis MLS# 7021007

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Active NEW!
$315,000
/mo Edit
Single Family:  1 Story
3 br • 2 ba • Built 1954
1,570 sqft • 0.18 acres
MLS# 7021007
763-576-8286
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    Property Description

    Welcome to this distinctive 3-bedroom, 2-bath rambler nestled in the heart of Marshall Terrace in Northeast Minneapolis, where mid-century character meets rich local history. Built by Edward Karbo, brother of American Wrestling Federation co-founder Wally Karbo, this home offers a rare blend of charm and artistic significance. Original hardwood floors flow throughout the main level, complemented by refreshed paint in the living, dining, and rear bedroom, creating a warm and inviting atmosphere ready for your personal touch. The lower level showcases truly one-of-a-kind features, including a vintage bar salvaged from a historic Minneapolis hotel, a new, unused Dry Sauna, and a remarkable mural painted by renowned Ojibwe artist Patrick DesJarlait. Renowned for iconic commercial works such as the Hamm’s Beer Bear and the Land O’ Lakes Butter Box, DesJarlait’s fine art is highly collectible and displayed in museums nationwide, making this home a rare opportunity to live alongside an authentic piece of regional artistic history. Outside, enjoy a fully fenced yard, charming cherry tree, and a spacious two-car detached garage. Major updates include a new roof (Fall 2025), garage/shed roof patch (Fall 2025), new stove and AC (2025), and refreshed interior paint. Move-in ready, with timeless mid-century appeal and room to refresh and make it your own.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $315,000
    Price per sq ft: $201
    Property Type: Single Family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1954
    State: MN
    Property Style: 1 Story
    Zip Code: 55418
    Neighborhood/Area: 51
    Subdivision Name: Northtown Add

    Interior

    Bedrooms: 3
    Bathrooms: 2
    Finished Area: 1,570 ft2
    Total Fireplaces: 0
    Living Area: 1,570 ft2
    Common Wall: No
    Appliances Included:
    • Dryer
    • Exhaust Fan
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Block
    • Finished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 418 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,120 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    • Garage Door Opener
    Unit Amenities:
    • Hardwood Floors
    • Kitchen Window
    • Main Floor Primary Bedroom
    • Patio
    • Sauna
    Exterior Material: Block
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details:
    • 3/4 Basement
    • Main Floor Full Bath
    Dining/Kitchen: Informal Dining Room
    Laundry:
    • In Basement
    • Laundry Room
    Main Level Size Sq Ft
    Dining Room  10 x 8  80 
    Bedroom  13 x 14  182 
    Kitchen  13 x 9  117 
    Living Room  12 x 17  204 
    Bedroom 2  12 x 10  120 
    Bedroom 3  10 x 9  90 
    Basement Level Size Sq Ft
    Hobby Room  —  — 
    Laundry  13 x 16  208 
    Recreation Room  14 x 29  406 
    Sauna  6 x 5  30 

    Lot & Land

    Acres: 0.18
    Geolocation: 45.023291, -93.269979
    Lot Dimensions: 60 x 133
    Zoning: Residential-Single Family

    Schools

    School District: 558
    District Phone: 6126680000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,391
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,391
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    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 Real Broker, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.