Connect

Find us on...

Dashboard

1040 13th Ave Se, Minneapolis, MN – $549,000

  • 9 Beds
  • 3 Baths
  • 3,220 Sqft
  • .21 Acres
  • 9 Beds
  • 3 Baths
  • 3,220 Sqft
  • .21 Acres

1040 13th Ave Se

UNIVERSITY OF MINNESOTA DUPLEX AKA "GOPHER HOUSE" 1042 unit has 5 bedrooms and 1 bath with large kitchen, 2 decks, living room, and large laundry room utility room 1040 unit has 4 bedrooms and 2 bathrooms with large deck, large kitchen, dining room, family room and large laundry room GROSS INCOME ANNUALLY $59,050 NET INCOME ANNUALLY $45,792 on a $549,000 purchase price that is a 8.3% CAP rate!!!!!!!!!!!!!!! Large backyard with firepit. Either run this duplex at the U of M OR bulldoze and build a new multiplex on the large lot at the U of M. OPPORTUNITY ZONE! 2.5 STORIES AND MULTI UNIT POSSIBLE

Essential Information

  • MLS® #5319912
  • Price$549,000
  • Bedrooms9
  • Bathrooms3.00
  • Square Footage3,220
  • Acres0.21
  • Year Built1979
  • TypeMulti-Family
  • Sub-Type(MF) Duplex Side X Side
  • Style(MF) Duplex Side X Side
  • StatusActive

Community Information

  • Address1040 13th Ave Se
  • AreaComo
  • SubdivisionElwells 2nd Add
  • CityMinneapolis
  • CountyHennepin
  • StateMN
  • Zip Code55414

Amenities

  • AmenitiesDeck, Porch, Common Garden
  • GaragesDriveway - Other Surface

Interior

  • HeatingForced Air

Exterior

  • ExteriorWood, Fiber Board
  • RoofAsphalt Shingles
  • ConstructionPreviously Owned
  • Foundation1156

Lot Description

Tree Coverage - Medium, City Bus (w/in 6 blks), Underground Utilities

School Information

  • District1 - Minneapolis

Additional Information

  • Date ListedOctober 9th, 2019
  • Days on Market14
  • ZoningResidential-Multi-Family

Listing Details

  • OfficeSavvy Avenue, LLC
Please provide a valid email address.

Mortgage Calculator

Mortgage Information

Mortgage Summary

  • Monthly Payment $0.00
  • Monthly Home Owners Fee $0.00
  • Monthly Taxes $0.00
  • Private Mortgage Insurance $0.00
  • Total Monthly Payment $0.00

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Lakes | Sotheby's International Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Lakes | Sotheby's International Realty is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Lakes | Sotheby's International Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

Information deemed reliable but not guaranteed.

Copyright 2019 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

Listing information last updated on October 22nd, 2019 at 9:20pm CDT.

Back to Top