$360,000
SOLD MAY 29, 2025
4 Beds
4 Baths
2,556 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

28 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Property is Fully Fenced

About This Home

As of May 2025

Fantastic cash flow opportunity for investors! This well-maintained duplex features two spacious units, each offering 2 bedrooms, 2 bathrooms, and its own set of appliances, including a washer and dryer. Hardwood floors add warmth and charm, while the newly updated kitchen cabinets and countertops provide a fresh, modern touch. With separate utilities and a desirable layout, this property is perfect for generating steady rental income. Don’t miss out on this prime investment!

Last Agent to Sell the Property

Cody Emmans

RE/MAX Results Listed on: 04/08/2025

RE/MAX Results

Last Buyer's Agent

Andrew Nguyen

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,403

Year Built

  • Built in 1946

Lot Details

  • Lot Dimensions are 40.00x126.40
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Thorpe Bros William Penn Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, snow removal, trash collection
  • The owner pays for sewer
  • Assessor Parcel Number 0502924420124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,403

Year Built

Built in 1946

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
  • Year Built: 1946
  • Above Grade Finished Sq Ft: 1356
  • Water Sewer Expenses: 2500
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Living Area: 2556
  • Below Grade Finished Sq Ft: 1200
  • Owner Pays: Sewer
  • Basement YN: Yes
  • Amenities: Countertops-Granite
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 4
  • Amenities: Countertops-Granite
  • Appliances: Dishwasher,Dryer,Gas Water Heater,Range
  • Total Rooms: 4
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Fencing: Chain Link, Full, Wood
  • Neighborhood: Victory

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 0

Utilities

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

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 40.00x126.40
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 3100.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0502924420124
  • Tax Annual Amount: 3403
  • TaxWithAssessments: 3403.0000

Multi Family

  • TenantPays: Electricity, Gas, Grounds Care, Snow Removal, Trash Collection
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
May 29, 2025
Sold by
Schueller Aaron
Bought by
Le Tai Marcus
Seller's Agent
Cody Emmans
RE/MAX Results
Buyer's Agent
Andrew Nguyen
LPT Realty, LLC
List Price
$360,000
Sold Price
$360,000
Views
44
Current Estimated Value
$359,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21
Avg. Annual Appreciation
-0.02%
Original Mortgage
$353,479
Outstanding Balance
$352,876
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$7,103

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 13, 2023
Sold by
Davies Antoni
Bought by
Schueller Aaron
Seller's Agent
Taylor Kielty
eXp Realty
Buyer's Agent
Cody Emmans
RE/MAX Results
List Price
$345,000
Sold Price
$355,000
Premium/Discount to List
$10,000
2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%
Original Mortgage
$337,250
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2011
Sold by
Dunham Mark A and Dunham Gary
Bought by
Davies Antoni Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,273
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 1997
Sold by
Arnlund Edward O
Bought by
Norwest Bank Minnesota Na and Trust Real Estate Division
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 Titlesmart
Deed $355,000 --
Warranty Deed $95,700 Burnet Title
Warranty Deed $50,000 Burnet Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $353,479 FHA
Previous Owner $337,250 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $93,273 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Sold $360,000 0.0% $141 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $360,000 +1.4% $141 / Sq Ft
06/30/2023 06/30/23 Sold $355,000 +2.9% $139 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $345,000 -- $135 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

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
2023 $3,403 $274,000 $41,000 $233,000
2022 $3,063 $280,000 $39,000 $241,000
2021 $3,035 $237,000 $9,000 $228,000
2020 $2,671 $232,000 $22,100 $209,900
2019 $2,407 $193,500 $20,600 $172,900
2018 $1,972 $171,500 $20,600 $150,900
2017 $1,716 $125,000 $18,700 $106,300
2016 $1,333 $108,500 $18,700 $89,800
2015 $1,170 $95,500 $18,700 $76,800
2014 -- $91,000 $18,700 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6699233

NorthstarMLS

APN: 05-029-24-42-0124