$539,500
COMING SOON

112 118th Ave NE Minneapolis, MN 55434

Estimated payment $3,222/month

6 Beds
4 Baths
2,702 Sq Ft
0.3 Acres

Highlights

  • 4 Car Attached Garage
  • Blaine Senior High School Rated A-
  • Forced Air Heating System

About This Home

Excellent Investment Opportunity – Updated Side-by-Side Duplex! This well-maintained duplex is located in the heart of Blaine, directly across from Happy Acres Park and just minutes from Blaine High School and Bunker Hills Park. This low-maintenance investment features separate utilities for each unit—gas, electricity, water—so tenants cover all utilities, lawn care, and snow removal. Each unit also includes a private two-car garage. Each spacious unit features a 3-bedroom, 2-bath layout with an additional family room in the basement and includes numerous recent updates.
Both units have been recently renovated with granite countertops and updated stainless steel appliances. It received fresh interior paint and new flooring throughout.
Abundant natural light enhances the bright and welcoming atmosphere. Each unit is equipped with its own private washer and dryer hookups for added convenience. Whether you're looking for an owner-occupant opportunity or to expand your rental portfolio, this turn-key duplex checks all the boxes for location, condition, and cash flow potential.

Listing Agent

JC Lim

Apex Realty Listed on: 10/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,339

Year Built

  • Built in 1979

Parking

  • 4 Car Attached Garage
  • Tuck Under Garage

Home Design

  • Duplex
  • Bi-Level Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • Lot Dimensions are 69x013x65x126
  • Forced Air Heating System

Community Details

  • 2 Units
  • Degardners Parkview Subdivision

Listing and Financial Details

  • The owner pays for insurance, taxes
  • Assessor Parcel Number 073123330101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,339

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 1836
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: ComingSoon
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Living Area: 2702
  • Below Grade Finished Sq Ft: 866
  • Owner Pays: Insurance, Taxes
  • Basement YN: Yes
  • Amenities: Countertops-Granite,Deck
  • Appliances: Dishwasher,Microwave,Range
  • Number Of Fireplaces: 2

Beds/Baths

  • Total Bedrooms: 6

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Tuckunder Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Anoka-Hennepin
  • SchoolDistrictPhone: 763-506-1000

Lot Info

  • Lot Size: 69x013x65x126
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco
  • Units Total: 2

Rental Info

  • Expenses: 2691.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 073123330101
  • Tax Annual Amount: 4339
  • TaxWithAssessments: 4339.0000

Multi Family

  • TenantPays: All Utilities, Electricity, Gas, Grounds Care, Sewer, Snow Removal

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,958 $202,100 $55,000 $147,100
2023 $1,820 $197,900 $51,400 $146,500
2022 $1,843 $188,200 $42,000 $146,200
2021 $1,847 $167,700 $33,000 $134,700
2020 $1,791 $164,000 $33,000 $131,000
2019 $1,664 $152,700 $28,800 $123,900
2018 $1,658 $138,400 $0 $0
2017 $1,428 $128,100 $0 $0
2016 $1,497 $110,500 $0 $0
2015 $1,398 $110,500 $21,900 $88,600
2014 -- $83,200 $7,800 $75,400
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Contract Of Sale $380,000 --
Warranty Deed $133,486 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $363,000 Land Contract Argmt. Of Sale
Closed -- No Value Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 6801281

NorthstarMLS

APN: 07-31-23-33-0004