Property Description Attention Investors! Golden opportunity for investors. This up and down duplex offers a unique opportunity with bonus space in the basement which is used for storage at the moment. Both units are currently rented by the same family on a flexible month-to-month lease. The tenants have been there for over 10 years and are happy to stay longer if you wish. Enjoy peace of mind with no tenant disputes as one family occupies both units. Located close to restaurants, railways, bus lines, and various businesses. This property is perfect for generating rental income or for personal customization. Plus, new furnace done in 2021 and new roof done in 2017. Whether you want to keep the reliable tenants or make it your own, this property offers endless potential! Don't miss out on this versatile investment!
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 324900
Original List Price: 324900
ListPrice: 324900
List Date: 2026-01-13
Owner is an Agent?: No
Auction?: No
General Property Information
# Carport Spaces: 2
Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 4
Baths Total: 2
Main Floor Total SqFt: 880
Above Ground SqFt: 1775
Below Grd Total SqFt: 880
Total SqFt: 2655
Foundation Size: 895
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2606.00
Garage Stalls: 2
Lot Dimensions: 40 X 123.85
Acres: 0.11
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 2930
Street Name: 18th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Complex/Dev/Subdivision: Belle Plain Add
Assessments
Tax With Assessments: 5480.8
Building Information
Finished SqFt Above Ground: 1775
Finished SqFt Below Ground: 831
Income and Expenses
Annual Gross Income: 30000
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 35
Township#: 29
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Finished SqFt: 880
Full Baths: 1
Monthly Rent: 1300
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 4
Unit 2
Furnished?: No
Leased?: Yes
Unit Number: 2
Finished SqFt: 880
Full Baths: 1
Monthly Rent: 1300
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 4
Unit Details
Total Units: 2
Property Features
Accessible: None
Basement: Full
Construction Status: Previously Owned
Exterior: Stucco
Foundation: See Remarks
Fuel: Natural Gas
Heating: Forced Air
Lock Box Type: Combo
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light