Minneapolis MN Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1979
Baths:
MLS#:
6601243
Subdivision:
Degardners Parkview

ADDITIONAL INFORMATION

Rare Investment Opportunity: Two Side-by-Side Duplexes (4-Unit Building) in Blaine. Seize the chance to own two meticulously maintained, turn-key side-by-side duplexes (4-unit building) located across from Happy Acres Park and just minutes from Blaine High School and Bunker Hills Park. Each unit offers a split floor plan featuring two bedrooms, a full bathroom with a master walkthrough, and an open kitchen, dining, and living area on the upper level. The lower level includes a cozy family room with a wood-burning fireplace, a third bedroom, and a ¾ bathroom. This fully occupied fourplex boasts new exterior paint (2024) and newer garage doors with openers (2019). Each unit has a two-car garage and operates on separate utilities for gas, electricity, and water, ensuring efficient and hassle-free management. Tenants are responsible for all utilities, including gas, electricity, trash, and water/sewer. They also handle snow removal and lawn maintenance, ensuring this is a low-maintenance investment. • Current Market Value: Similar duplexes in Blaine typically value over $550,000 each, making this a smart investment with room for growth. • Unit #110 recently underwent a kitchen remodel with new kitchen cabinets, granite countertops and a new refrigerator and stove. The unit received fresh paint throughout and luxury vinyl flooring on the upper level (kitchen, living room, dining, and 2 bedrooms) in 2024, and the basement also got newer carpet in 2022, making this unit highly attractive to quality tenants. • Unit #112 was updated with granite countertops in the kitchen, along with a new stainless steel refrigerator and stove. The entire unit was freshly painted in 2023. • Unit #114 underwent a kitchen remodel with granite countertops and new stainless steel appliances in 2018 and was further updated with luxury vinyl flooring on the upper level in 2024. The unit was freshly painted in 2022. • Unit #116 received a kitchen remodel in 2019 with granite countertops, new stainless steel appliances, and plank flooring in the living room, kitchen, and dining areas. The entire unit was freshly painted in 2022. Thanks to its excellent condition, recent updates, and strong rental history, this fourplex is an outstanding investment opportunity that you won’t want to miss!

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.




Minneapolis Real Estate

The median home value in Minneapolis, MN is $245,700. This is lower than the county median home value of $247,600. The national median home value is $219,700. The average price of homes sold in Minneapolis, MN is $245,700. Approximately 83.3% of Minneapolis homes are owned, compared to 13.44% rented, while 3.26% are vacant. Minneapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Minneapolis real estate agent to arrange a tour today!

Minneapolis, Minnesota 55434 has a population of 62,453. Minneapolis 55434 is more family-centric than the surrounding county with 40.02% of the households containing married families with children. The county average for households married with children is 34.44%.

The median household income in Minneapolis, Minnesota 55434 is $80,423. The median household income for the surrounding county is $76,796 compared to the national median of $57,652. The median age of people living in Minneapolis 55434 is 37.3 years.

Minneapolis Weather

The average high temperature in July is 82.6 degrees, with an average low temperature in January of 1.5 degrees. The average rainfall is approximately 32 inches per year, with 59.4 inches of snow per year.

Minneapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    60
    30-day change

Minneapolis Schools and Demographics

Education near Minneapolis, MN

Metric City County
High School Graduates 94.75 93.69
College Degree - 2 year 13.57 12.94
College Degree - 4 year 33.52 28.71
Graduate Degree 8.16 6.74
Expenditures per Student 11,585 11,826
Students per Teacher 17.4 15.7

Elementary Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Adams Elementary School KG - 05 566 16.6 55433
Davinci Academy KG - 08 411 13.4 55434
Eisenhower Elementary School KG - 05 640 18.2 55448
Hayes Elementary School PK - 04 588 15.8 55432
Hoover Elementary School KG - 05 533 17.9 55433
Jefferson Elementary School KG - 05 715 17.6 55434
Johnsville Elementary School KG - 05 754 19.8 55434
Madison Elementary School KG - 05 434 16.5 55434
Northpoint Elementary School KG - 03 809 18.8 55449
Park Terrace Elementary School KG - 03 762 16.7 55432
Sand Creek Elementary School KG - 05 781 18.9 55448
Stevenson Elementary School PK - 04 566 15.8 55432
University Elementary School KG - 05 591 18.4 55434

Middle Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Coon Rapids Middle School 06 - 08 1,186 19.3 55433
Fridley Middle School 05 - 08 898 17.7 55432
Northdale Middle School 06 - 08 1,158 19 55448
Roosevelt Middle School 06 - 08 1,130 20.1 55434
Westwood Intermediate School 04 - 05 707 17.5 55434
Westwood Middle School 06 - 08 1,151 19.1 55434

High Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Blaine High School 09 - 12 2,865 23.4 55434
Coon Rapids High School 09 - 12 2,045 22.4 55433
Fridley Senior High School 09 - 12 792 17.1 55432
Paladin Career and Tech High School 09 - 12 283 31.1 55434
Secondary Lighthouse 07 - 12 35 35 55432
Spring Lake Park Senior High School 09 - 12 1,479 20 55432

Ungraded Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
* Crossroads ALTN High School 09 - 12 134 6.9 55433
* Metro Heights Academy 09 - 12 97 16.2 55432
* Pathways 12 - 12 129 8.3 55433
Alexandria House Womens Shelter KG - 12 3 2.6 55449
Anthony Louis House 03 - 12 21 30.9 55434
Compass on-Line KG - 12 18 18 55448
Compass-Bell Center 06 - 12 12 1.1 55448
Distance Learning Independence Study 06 - 12 14 58.3 55432
River Trail Learning Center @ Lo Jacob KG - 12 86 4.4 55448

Demographics near Minneapolis, MN 55434

Metric Zip Code City
Neighborhood Type City Neighborhood
Population 62,453 344,861
Population Density 1,897 817
Median Age 37.3 38.2
People per Household 2.7 2.7
Median Household Income 80,423 76,796
Average Income per Capita 36,477 34,321