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Active NEW!
$400,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1900
2,535 sqft • 0.19 acres
Minneapolis schools
MLS# 6736571
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    Property Description

    Introducing 2635 Polk Street Northeast in the Audubon Park neighborhood of North East Minneapolis. This duplex is a great investment or owner-occupied opportunity. The main level unit features three bedrooms, full kitchen, and a family room. The upper level unit features three bedrooms, full kitchen, and plenty of natural light. Completing this duplex is a fenced backyard with paver patio, oversized two-car garage and large storage shed. Located in a walkable neighborhood surrounded by coffee shops, breweries, grocery, and diverse dining. Don't miss out on this exceptional investment opportunity to secure a property with strong income potential.

    Listing

    Contingency: None
    Price per sq ft: $158
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: Audubon Park
    Subdivision Name: Menages Sup To East Side Add

    Interior

    Living Area: 2,535 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 30x24
    Garage Size: 720 ft2
    Foundation Size: 1,303 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Metal Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.19
    Geolocation: 45.01613, -93.245059
    Lot Dimensions: 46 x 182
    Zoning: Residential-Multi-Family
    Lot Description: Public Transit (w/in 6 blks)

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: $1,800
    Annual Gross Expense: $15,465
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,112
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,112

    Income

    Annual Gross Income: $40,320

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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