$489,900

Estimated payment $3,161/month

Total Views 8,642
4 Beds
2 Baths
1,880 Sq Ft
$261 Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Property is Fully Fenced

About This Home

Meticulously maintained duplex on a sunny corner lot with strong rental appeal and valuable updates throughout. Each unit features separate gas, electric, furnace, A/C, and water heater—ideal for minimizing overhead and simplifying management. Recent improvements include brand-new stainless steel appliances in both units, updated kitchen and dining area in Unit 1, and new in-unit washer/dryer in Unit 2. Hardwood floors, cove moldings, and natural woodwork add timeless charm. Unit 1 includes a large finished attic—perfect as a bonus living area or storage. Lower level offers additional secured storage for tenant use. Located just minutes from MSP Airport and Mall of America with easy access to public transit, shops, and restaurants. Turnkey property with excellent long-term potential—live in one unit or rent both for immediate income!

Listing Agent

Michael Floyd

eXp Realty Brokerage Phone: 6127095767 Listed on: 07/28/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,039

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 40 x 128
  • Property is Fully Fenced

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Drain
  • Laundry in Basement

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Morris Park 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1902823210143

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,039

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1928
  • Above Grade Finished Sq Ft: 1596
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6127095767
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Drain Tiled, Partially Finished
  • Living Area: 1880
  • Below Grade Finished Sq Ft: 284
  • Owner Pays: See Remarks
  • Basement YN: Yes
  • Amenities: Hardwood Floors, Kitchen Center Island
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Heater - Tankless, Trash Compactor, Washer
  • Appliances: Dishwasher, Dryer, Water Heater - Gas, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener - Owned

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Fencing: Full
  • Neighborhood: 56

Garage/Parking

  • Parking Features: Detached Garage

Utilities

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

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • Lot Size: 40 x 128
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Post and Beam
  • Units Total: 2

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1902823210143
  • Tax Annual Amount: 7039
  • TaxWithAssessments: 7039

Multi Family

  • TenantPays: Electricity, Gas, Trash Collection, Water
  • ElectricExpense: 600
  • FuelExpense: 240
  • 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 $7,039 $478,000 $114,000 $364,000
2023 $6,292 $483,000 $114,000 $369,000
2022 $4,419 $182,000 $45,500 $136,500
2021 $3,788 $326,000 $67,000 $259,000
2020 $4,536 $292,500 $45,000 $247,500
2019 $3,270 $256,500 $30,000 $226,500
2018 $2,913 $233,000 $30,000 $203,000
2017 $2,389 $174,000 $27,300 $146,700
2016 $2,467 $174,000 $27,300 $146,700
2015 $2,185 $151,500 $27,300 $124,200
2014 -- $147,500 $29,600 $117,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2025 12/16/25 Price Changed $489,900 -3.9% $261 / Sq Ft
10/03/2025 10/03/25 Price Changed $510,000 -2.8% $271 / Sq Ft
07/28/2025 07/28/25 For Sale $524,900 -- $279 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed $515,000 --
Warranty Deed $515,000 Lake Title
Limited Warranty Deed $227,000 Attorney
Sheriffs Deed $200,000 Attorney
Warranty Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $458,500 New Conventional
Closed $437,750 No Value Available
Previous Owner $212,494 FHA
Source: Public Records

Source: NorthstarMLS

MLS Number: 6748381

NorthstarMLS

APN: 19-028-23-21-0143