A fantastic opportunity to acquire a property in the highly desirable Lowry Hill with potential for revenue-generation. One part of the property is currently leased, while another offers potential for added rental opportunity or owner occupancy. This generous duplex features front and back porches, additional off-street parking in the back, and a large unfinished basement. Close to shopping, dining, Lake of the Isles Park and Bde Maka Ska! Quick commute to downtown Minneapoils!
The median home value in Minneapolis, MN is $270,600. This is lower than the county median home value of $289,200. The national median home value is $219,700. The average price of homes sold in Minneapolis, MN is $270,600. Approximately 44.44% of Minneapolis homes are owned, compared to 49.42% rented, while 6.14% 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 55403 has a population of 411,452. Minneapolis 55403 is less family-centric than the surrounding county with 26.25% of the households containing married families with children. The county average for households married with children is 33.56%.
The median household income in Minneapolis, Minnesota 55403 is $55,720. The median household income for the surrounding county is $71,154 compared to the national median of $57,652. The median age of people living in Minneapolis 55403 is 32.1 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 7.5 degrees. The average rainfall is approximately 31.7 inches per year, with 53.5 inches of snow per year.