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$479,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
1,878 sqft0.24 acres
Minneapolis schools
MLS# 6538763
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    Property Description

    This duplex offers a unique opportunity with an extra lot (.24 acres), perfect for an addition or an expansive yard. The eco-friendly rain garden enhances the outdoor space, and the heated garage ensures comfort year-round, though its door is non-functional. A moveable shed provides flexible storage. Inside, enjoy a stand-up jacuzzi tub in the upstairs bathroom and an enormous 200 sq/ft primary bedroom. Maintenance-free cabinets, trim, exterior, and decking ensure a low-maintenance lifestyle. Located in the desirable Marshall Terrace neighborhood, this duplex is in a friendly community, within walking distance to bars and breweries. The bottom unit is fully furnished with a short-term rental license and management company, offering a fantastic investment opportunity. Experience comfort and convenience at 2923 Grand St NE. This property offers abundant features and potential, making it a rare find in Marshall Terrace. Don’t miss your chance to call this exceptional property home!

    Listing

    Contingency: None
    Price per sq ft: $255
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: Marshall Terrace
    Subdivision Name: Northtown Add

    Interior

    Living Area: 1,878 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Raised
    • Shared Access
    • Unfinished
    • Walkout

    Exterior

    Stories: Two
    Garage Dimensions: 20x20
    Garage Size: 400 ft2
    Foundation Size: 961 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Asphalt
    Road Frontage: City Street
    Exterior Material: Stucco

    Lot & Land

    Acres: 0.24
    Geolocation: 45.021318, -93.270018
    Lot Dimensions: 0
    Addl Parcels: 0302924440149
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Gross Expense: None
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $5,200
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,200

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of North Coast Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.