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For Sale:  Minneapolis MLS# 7031259

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Active NEW!
$599,900
/mo Edit
Multi-family:  1 Story
4 br • 2 ba • Built 1948
1,600 sqft • 0.21 acres
MLS# 7031259
763-576-8286
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    Property Description

    Please note that 48-hour notice is required for all showings, so please plan accordingly. Welcome to Cromwell Drive, a quiet, tree-lined residential street where you wouldn’t expect to find such a unique rental opportunity. This distinctive duplex is designed to feel like two attached single-family homes, offering privacy rarely found in multi-family properties. With no shared interior spaces, each resident enjoys peaceful, independent living both inside and out. Both units feature abundant natural light, two fireplaces, spacious kitchens, and generously sized primary bedrooms. Each home also includes a full unfinished basement, providing excellent potential for future expansion—perfect for creating recreation rooms, additional bedrooms, or customized living space. The attached heated garages with floor drains add a level of comfort and convenience that is especially appreciated during Minnesota’s winter months. Only four of these unique duplex homes were ever built in South Minneapolis, making this a rare opportunity and a property truly worth seeing.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $599,900
    Price per sq ft: $375
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1948
    State: MN
    Property Style: 1 Story
    Zip Code: 55410
    Neighborhood/Area: 28
    Subdivision Name: Harriet Heights 3rd Div

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,600 ft2
    Living Area: 1,600 ft2
    Basement Details:
    • Block
    • Full

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 200 ft2
    Foundation Size: 1,600 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    • Floor Drain
    • Heated Garage
    • Insulated Garage
    • Shared Driveway

    Lot & Land

    Acres: 0.21
    Geolocation: 44.905921, -93.30906
    Lot Dimensions: 60 x 150

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $4,448
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,160
    Tenant Expenses: Cable TV, Electricity, Fuel, Lawn Care, Snow Removal

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,707
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,142

    Income

    Annual Gross Income: $40,140

    Rent

    Annual Net Income: $24,360

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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