Income-producing up-down duplex updated in 2023. This property is fully occupied, offering immediate rental income from two 3-bedroom, 1-bathroom units. The main level unit includes dedicated laundry in the basement, while the upper unit features laundry on the living level. Property includes a detached 2-car garage. This is an established income-producing asset.
MLS ID: 7011628
Directions: Lyndale Ave N to 42nd Ave N, West 1 block to Aldrich Ave N
MLS #: 7011628
Listing courtesy of: Keller Williams Integrity NW
Price: $325,000
Type: Multi-Family
Contingency: None
Foreclosure: No
Zoning: Residential-Multi-Family
Total Units: 2
Annual Gross Income: $34,067
Operating Expense: $9,587
Annual Manager Expense: $990
Annual Maintenance Expense: $1,300
Annual Other Expense: $1,300
Annual Water/Sewer Expense: $3,009
Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Heat, Hot Water, Telephone, Trash Collection, Water
Owner Pays: Grounds Care, Repairs, Management, Snow Removal
Parking Features: Detached Garage
Garage Dimensions: 20x20
Garage SqFt: 400
Garage Spaces: 2
Owner Occupied: No
Finished SqFt Total: 2,047
Finished Above Grade: 2,047
Fireplace: No
Construction Materials: Block, Brick, Concrete, Stone
AccessibilityFeatures: Reduced Height Cabinets, Soaking Tub
Roof: Asphalt
Heating: Forced Air
Foundation Area: 1,224
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Present Use: Yearly
Number of Refrigerators: One Per Unit
Complex/Dev/Sub Name: Auditors Sub 198
Lot Dimensions: 61x127
Fence: None
Road Frontage: City Street
District: Minneapolis
District Number: 558
District Phone: 6126680000
County: Hennepin
Survey Range: 24
Survey Section: 04
Survey Township: 29
Tax Year: 2025
Tax Amount: $5,919
Assessment Pending: Unknown
Taxes w/Assessments: $5,919
This listing was last updated by Keller Williams Integrity NW on 3/5/2026 at 5:02 am.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 3/18/2026 6:25 am.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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