$380,000
$389,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
4407 Portland AVE S Minneapolis, MN 55407
2,928 SqFt
Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,928 sqft
Price per Sqft $129
Subdivision Auditors Sub 257
MLS Listing ID 5664290
Sold Date 11/25/20
Year Built 1931
Annual Tax Amount $7,349
Tax Year 2020
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50x117
Property Sub-Type Duplex Up and Down
Property Description
Classic Tudor style duplex. Many updates and loads of charm. Excellent cash flow. Check out those rents! This home is not for the "move-in ready" buyer. It could use some maintenance (mostly exterior and windows). It is priced accordingly, considering the rental income, size, location and charm. Motivated seller. Both units feature recently refinished hardwood floors and spacious, sunny rooms. Units have identical floor plans. Recent updates include: 2 boilers/2017, water heater/2019, roof/2014. The kitchens are updated with newer appliances, counter tops and sinks/faucets. Both units are leased. The upper unit lease expires 4/30/21 and the main floor on 8/31/21.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full, Partially Finished
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Attached Garage
Garage Spaces 2.0
Fence Wire
Roof Type Age 8 Years or Less,Asphalt
Building
Lot Description Public Transit (w/in 6 blks)
Story Two
Foundation 1322
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Stucco
New Construction false
Schools
School District Minneapolis
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