4405 Morgan Avenue N

Minneapolis, MN 55412 View Map $650,000 Schedule a Tour
Sq.Ft.3,355
Year1903

Eric Eickhof

(952) 472-6200

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Status: Active
Property Type:Triplex
MLS #:6509546
Sq. Feet:3,355
On Site:18 Days
Lot Size:0.17 Acres
County:Hennepin
This completely renovated triplex truly has it all. With modern updates, original hardwoods, and 10' ceilings, this does not feel like your average Multifamily. Situated just off of Victory Memorial Drive & walking distance to the local market, library, coffee shops, restaurants, walking/biking paths, public pool, a quick drive to downtown, & so much more. A perfect opportunity for an owner occupant OR to maximize your rental amounts. Separate heat and electrical meters for easy tenant billing. This is an actively run Airbnb for short term and midterm rentals, receiving far above-market rents month after month! Equity building opportunity in the spacious Basement that has a dedicated separate entrance, washer/dryer hook ups and a ductless mini split unit to provide heating and cooling. Did we mention the unfinished attic space that could also be utilized? Do not miss out on this amazing property!

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$000 Monthly Payment
Loan and interest only.

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Community Information

Address:4405 Morgan Avenue N, Minneapolis, MN 55412
County:Hennepin
School District:Minneapolis
Zip Code:55412
Neighborhood:Webber - Camden

Architecture

Year Built:1903
Stories:More Than 2 Stories
Style:Triplex
Construction Materials: Vinyl Siding
Finished Above Grade Sq.Ft.: 3355
Finished Total Sq.Ft.: 3355
Total Above Grade Sq.Ft.: 3675.0000
Total Main Sq.Ft.: 1596.0000
Total Below Grade Sq.Ft.: 1596.0000
Total Sq.Ft.: 5271.00
Roof: Age 8 Years or Less, Architecural Shingle
Basement: Full
Parking Features: Gravel, Asphalt, Paved, Unassigned, Open

Features / Amenities

Patio/Porch Type: Covered, Front Porch
Garage Dimensions: 0 sq.ft.
Heating: Baseboard, Ductless Mini-Split, Forced Air, Humidifier
Fuel: Electric, Natural Gas

Property Features

Lot Size: 0.17 Acres
Lot Dimensions:80x92.91
Lot Features: Public Transit (w/in 6 blks)
Sewer: City Sewer/Connected
Water: City Water/Connected
Electric: Circuit Breakers
Road Frontage: City Street, Curbs, Sidewalks
Zoning:Residential-Multi-Family
Directions:Penn Ave to 44th, east to Morgan south to home

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $3,529
Water / Sewer Expense: $1,500
Fuel Expense: $2,293
Electric Expense: $4,284
Insurance Expense: $2,800
Trash Expense: $1,000
Association Amenities: Common Laundry, Concrete Floors & Walls, Patio, Porch

Schools

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4405 Morgan Avenue N Minneapolis,  MN 55412
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4405 Morgan Avenue N Minneapolis, MN 55412
 
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Listing Information Last Updated 4/12/2024
Listing provided courtesy of Fox Realty.
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