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$275,000

4 Beds 2 Baths 2,535 SQFT 0.17 Acres
Type: Multi-Family

2620 Stevens Avenue
Minneapolis, MN 55408

MLS#: 7160400
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800
Presented by: Keller Williams Classic Rlty NW

Property Description

 

Investment opportunity with strong potential in Minneapolis. This duplex features two spacious units, each with 2 bedrooms, 1 full bathroom, a living room, and a kitchen. Each unit has separate electrical. The main level is heated by a boiler, and the upper level has electric heat. The upper unit is currently rented at $1,100/month and is month-to-month. Lease can be renegotiated, or rented to a new tenant at a higher amount, or the tenant can be vacated if desired. Parking is in the rear. The property needs some work and is being sold as-is, but it offers significant potential. Conveniently located near public transportation, restaurants, highways, shopping, and parks.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area2,535 sqft
BasementUnfinished
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Square Feet0
Laundry FeaturesMain Level, Upper Level

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsFrom E 26th street, turn left onto stevens ave, property is on the right
Electric200+ Amp Service
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income13200
HeatingBaseboard, Boiler, Hot Water
High School DistrictMinneapolis
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2,535 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense0
Pool FeaturesNone
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCorsons Add
Tax Annual Amount$5,355
Tax Year2026
Tenant PaysElectricity, Gas
Trash Expense0
Water Sewer Expense0
Year Built1906
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total2,935 sqft
Foundation Area1,469 sqft
Lot Dimensions57x126x57x126
Lot FeaturesPublic Transit (w/in 6 blks)
Lot Size Area0 sqft
Parking FeaturesGravel
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$275,000

4 Beds 2 Baths 2,535 SQFT 0.17 Acres
Type: Multi-Family

2620 Stevens Avenue
Minneapolis, MN 55408

MLS#: 7160400
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800