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Chad Pederson

chad@pedersonrealty.com +1(612) 325-8745

$865,000

Est. payment - /mo

6 Beds

2 Baths

3,864 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,864 sqft

Price per Sqft $223

Subdivision Thornton Park 2Nd Div

MLS Listing ID 7104031

Bedrooms 6

Year Built 1923

Annual Tax Amount $10,858

Tax Year 2026

Contingent None

Lot Size 5,227 Sqft

Lot Dimensions 40' x 129'

Property Sub-Type Duplex Up and Down

Property Description

Exceptional opportunity to own a beautifully updated duplex in the heart of the Lynnhurst neighborhood, just blocks from Lake Harriet! Whether you're looking to expand your investment portfolio or secure a premium owner-occupied opportunity, this duplex combines timeless character with extensive capital improvements in one of Southwest Minneapolis' most sought-after locations! Each unit offers approximately 1,288 finished square feet with three bedrooms and one full bathroom (the upper-level third bedroom is currently configured as an office). Additionally, each unit is served by its own boiler, providing independent heat and added convenience for both owners and tenants. The upper unit also features a beautifully remodeled kitchen and bathroom, central air conditioning, abundant natural light, and a bright sunroom. Additional highlights include an insulated detached three-stall garage (two for the upper unit, and one for the lower unit), finished shared laundry area, and owned solar panels. Current ownership has invested over six figures into these updates, which additionally include a brand-new sewer line, new A/C condenser, finished basement laundry area, and complete exterior painting makeover. The lower unit is leased at $2,495/month through July 31, 2027, and the upper unit is leased at $2,900/month through September 30, 2026 (vacating then). Reach out with any questions, or to schedule a tour!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block

Interior

Heating Boiler

Fireplace No

Laundry In Basement, Common Area

Exterior

Parking Features Detached Garage

Garage Spaces 3.0

Roof Type Asphalt

Building

Story Two

Foundation 1288

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Minneapolis

Others

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Listed by Paul Begich • Compass

Nearby School & Business

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Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

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5005 Oliver AVE S Minneapolis, MN 55419

Chad Pederson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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