Minneapolis, MN 55403,1121 Douglas Ave
$825,000
Est. payment /mo
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6,534 Sqft Lot
New

1121 Douglas Ave Minneapolis, MN 55403

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Team Steady

Team Steady

Team Steady | RE/MAX Results

+1(952) 607-7436

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Key Details

Property Type Commercial

Sub Type Duplex Other

Listing Status Active

Purchase Type For Sale

Subdivision Groveland Add

MLS Listing ID 6738244

Year Built 1908

Annual Tax Amount $13,632

Tax Year 2025

Contingent None

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions irregular

Property Sub-Type Duplex Other

Property Description

Elegant and well-maintained Lowry Hill duplex. Great outdoor spaces, including patio and balconies. Each unit has an auxiliary apartment with kitchen and bath. Currently, all four spaces are used for short-term rentals and generate over $100,000 in rental income annually. Wonderful location, with easy access to downtown, Uptown, Lake of the Isles, area parks, transit, shopping, entertainment, and dining. A new roof was installed in Octover 2023. New Furnace. This home offers approximately 5,500 square feet of living space with seven bedrooms an five bathrooms and provides ample space and privacy. The home features a spacious layout with a focus on functionality. The primary bedroom offers a private retreat, while the additional six bedrooms provide flexibility for a variety of uses. The five bathrooms ensure convenience and comfort for all occupants. The expensive lot size allows for a range of outdoor activities and exploration. The home's design and amenities are intended to accommodate a variety of living needs and preferences. Prospective buyers are encouraged to thoroughly inspect the property and consult with relevant professionals to assess its suitability for their specific requirements.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block, Egress Window(s), Finished, Full, Other, Single Tenant Access, Storage Space

Interior

Heating Boiler, Radiant

Cooling Wall Unit(s), Window Unit(s)

Inclusions Building, Business Assets

Fireplace No

Appliance Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Exterior

Parking Features Detached, Asphalt

Garage Spaces 1.0

Utilities Available Electric Common

Roof Type Age 8 Years or Less,Asphalt

Present Use Residential

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot, Many Trees

Foundation 5363

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Stucco

Schools

School District Minneapolis


Listed by Christopher Grimes • Coldwell Banker Realty

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+1(952) 607-7436

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1121 Douglas Ave