$259,900
PENDING

Estimated payment $1,797/month

Total Views 4,152
4 Beds
2 Baths
1,620 Sq Ft
$160 Price per Sq Ft

About This Home

Great Investment Opportunity – Side-by-Side Duplex! This great 1963 duplex is located on a quiet street just minutes from downtown, offering both convenience & charm. Each unit spans three levels & features 2BR/1BA. Hard to find in today’s market, this property is ideal for investors seeking reliable cash flow or for an owner-occupant looking to offset their mortgage with rental income. Each unit has been updated with modern kitchens & baths, newer appliances, & new front doors. Separate utilities & individual laundry rooms add convenience, while the lower levels provide extra space for storage or potential expansion. The property also includes a 2 car garage, 2011 roof, and window A/C. It is fully rented w/month-to-month tenants, making it a seamless transition for the next owner. With a Tier 1 rental license already in place & a strong rental history, this is a rare opportunity to own a well-maintained duplex. A 24-hour notice is required for all showings.

Listing Agent

Kristy Burau

Coldwell Banker Realty Brokerage Phone: 952-215-8779 Listed on: 09/22/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,149

Year Built

  • Built in 1963

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Metal Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • Lot Dimensions are 40x157
  • Forced Air Heating System

Community Details

  • 2 Units
  • Bakers 4Th Add Subdivision

Listing and Financial Details

  • The owner pays for insurance, grounds care, repairs, taxes, trash collection
  • Assessor Parcel Number 1002924230160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,149

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected, City Water - In Street
  • Year Built: 1963
  • Above Grade Finished Sq Ft: 1620
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Attribution Contact: 952-215-8779
  • Attribution Contact: 952-215-8779
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full, Unfinished
  • Living Area: 1620
  • Owner Pays: Insurance, Grounds Care, Repairs, Taxes, Trash Collection
  • Basement YN: Yes
  • Appliances: Range
  • Appliances: Range

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Fencing: None
  • ConstructionMaterialsDesc: Block
  • Neighborhood: McKinley

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 40x157
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding
  • Units Total: 2

Rental Info

  • Expenses: 6500.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1002924230160
  • Tax Annual Amount: 5149
  • TaxWithAssessments: 5149.0000

Multi Family

  • TenantPays: Electricity, Gas, Snow Removal
  • Number Of Refrigerators: Two

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $5,149 $277,000 $23,000 $254,000
2023 $4,098 $250,000 $17,000 $233,000
2022 $3,756 $223,000 $14,000 $209,000
2021 $2,933 $215,000 $12,000 $203,000
2020 $1,864 $179,500 $11,100 $168,400
2019 $2,259 $149,500 $7,400 $142,100
2018 $1,201 $124,500 $7,400 $117,100
2017 $1,013 $91,000 $6,700 $84,300
2016 $1,005 $88,500 $6,700 $81,800
2015 $850 $77,000 $6,700 $70,300
2014 -- $73,500 $6,700 $66,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2025 11/25/25 Pending -- -- --
10/13/2025 10/13/25 Price Changed $259,900 -3.7% $160 / Sq Ft
10/03/2025 10/03/25 For Sale $269,900 +100.1% $167 / Sq Ft
09/13/2013 09/13/13 Sold $134,900 0.0% $83 / Sq Ft View Prior Sale
08/08/2013 08/08/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $134,900 -- $83 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $251,000 Clear Title Llc
Warranty Deed -- None Available
Warranty Deed $70,000 Title One Inc
Warranty Deed $134,900 Title One Llc
Contract Of Sale $70,000 Premier Title
Warranty Deed $32,200 Premier Title
Sheriffs Deed $236,777 --
Warranty Deed $180,000 --
Warranty Deed $118,000 --
Warranty Deed $70,500 --
Deed $251,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,500 Commercial
Previous Owner $185,250 New Conventional
Previous Owner $132,456 FHA
Previous Owner $70,000 Seller Take Back
Closed $248,500 No Value Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 6793270

NorthstarMLS

APN: 10-029-24-23-0160