Property Description Quiet cul-de-sac location with convenient access to Highway 169, parks, and trails. Excellent opportunity to own an income-producing duplex in highly sought-after Champlin. One unit has been nicely updated and offers a clean, inviting interior with 2 bedrooms, 1 bathroom, and a 1-car garage. The second unit provides a solid rental opportunity with the same functional 2-bedroom, 1-bath layout. Both units are leased through June 2027, providing immediate rental income and stability for an investor. Recent mechanical updates include newer furnaces and AC units, along with a newer refrigerator and washing machine in Unit 10204. Great opportunity for an investor looking for a well-located duplex with strong long-term potential.
Details
Maps
Contract Information
Status: Active
Contingency: Inspection
Current Price: 378000
Original List Price: 390000
ListPrice: 378000
List Date: 2026-08-17
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1978
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 4
Baths Total: 2
Main Floor Total SqFt: 1072
Above Ground SqFt: 1072
Below Grd Total SqFt: 1072
Total SqFt: 2144
Foundation Size: 1072
Style: (MF) Duplex Side X Side
Total Finished Sqft: 1878.00
Garage Stalls: 2
Lot Dimensions: Irregular
Acres: 0.27
Assessment Pending: No
Location Tax and Other Information
House Number: 10200
Street Name: 129th
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Champlin
County: Hennepin
State: MN
Zip Code: 55316
Complex/Dev/Subdivision: Champlin Heights 2nd Add
Assessments
Tax With Assessments: 4611.64
Building Information
Finished SqFt Above Ground: 1072
Finished SqFt Below Ground: 806
Income and Expenses
Annual Gross Expenses: 10320
Annual Gross Income: 24300
Annual Insurance Expense: 5830
Annual Maintenance Expense: 1200
Annual Repair Expense: 1000
Annual Trash Expense: 755.04
Annual Water/Sewer Expense: 1535
Total Annual Expenses: 10320
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 12x25
Garage Door Height: 7
Garage Door Width: 9
Garage Square Feet: 576
Public Survey Info
Range#: 22
Section#: 24
Township#: 120
Unit 1
Furnished?: No
Lease Expiration Date: 2027-06-01
Leased?: Yes
Level: Multi-Level
Unit Number: 1
Annual Rent: 11700
Finished SqFt: 939
Full Baths: 1
Monthly Expense: 455
Monthly Rent: 975
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit 2
Furnished?: No
Lease Expiration Date: 2027-06-01
Leased?: Yes
Level: Multi-Level
Unit Number: 2
Annual Rent: 12600
Finished SqFt: 939
Full Baths: 1
Monthly Expense: 455
Monthly Rent: 1050
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Details
Total Units: 2
Property Features
Accessible: None
Construction Materials: Block
Construction Status: Previously Owned
Electric: 200+ Amp Service; Circuit Breakers
Exterior: Vinyl
Fencing: None
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Cable
Laundry: Laundry Closet
Lot Description: Corner Lot; Irregular Lot; Tree Coverage - Medium
Owner Pays: Maintenance/Repair; Sewer; Water
Pool Description: None
Road Frontage: Cul De Sac; Paved Streets; Storm Sewer; Street Lights