$389,000

4407 Portland Avenue S

Minneapolis MN, 55407

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.

Details

MLS#5664290
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1931
Days On Site121

Features

SQ Feet2,928

Market Activity 55407

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Area Information
StateMN
CountyHennepin
CityMinneapolis
Zip Code55407
Listing VS Median (in 55407)
Price:
$389,000
low | high
Med:
$279,900
78.046272493573% of Average
SqFt:
2,928
low | high
Med:
1,478
99.521857923497% of Average
$ / SqFt:
$133
low | high
Med:
$189
7.455673789704% of Average
On Site:
121
low | high
Med:
119
100% of Average
Listing Updated: October 16, 2020 12:18:53 AM PDT
Kurtis Pauley LogoMLS Number: 5664290
Listing Provided By:
Kurtis Pauley  of  Fair Trade Real Estate

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northstar MLS.