2406 Lincoln Street NE Minneapolis, MN ^$ 425,000

2406 Lincoln Street NE

^$ 425,000

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2406 Lincoln Street NE

Minneapolis, MN, 55418

^$ 425,000

Bedrooms4 Baths2.0 Sq 2,248

Monthly Estimate*

^$ 2,969

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Multi-Family Home for sale in Minneapolis, MN

for $425,000 with 4 bedrooms and 2 full baths. This 2,248 square foot home was built in 1900 on a lot size of 0.14.

Welcome to this adorable duplex situated on a quiet residential street in the heart of Northeast Minneapolis. This home is conveniently located near all that NE has to offer. Walk to Windom Park, take a short bike ride or drive to numerous restaurants, shopping, coffee shops and parkways. Easy and direct access to Downtown and the North Metro. This property is perfect for those looking to owner occupy a multi-family home or those looking to own an investment property. The main floor has an excellent tenant, and the upper level is ready for you to move-in, sign a 12-month lease, or even operate your own Airbnb. Rarely does such an incredible property come to the market at such a reasonable price. Plan your tour of this new listing today and get ready to call this house your new home.

Multi-Family Pending

Price

^$ 425,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,279

Style

Duplex Up and Down

Lot Size

0.14

Year Built

1900

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6510669

Features

General

Sewer City Sewer/Connected

Heating Baseboard Forced Air

Roof Asphalt

Garage Spaces 2

Construction Materials Wood Siding

Year Built 1900

Electric Circuit Breakers 100 Amp Service

Tenant Pays Cable TV Electricity Fuel

Levels Two

Property SubType Duplex Up and Down

Tax Year 2024

Gross Income 0

Accessibility None

County Hennepin

Operating Expense 0

Insurance Expense 0

New Construction N

Property Type Residential Income

Contingency None

Subdivision Name Lincoln Street Sup East Side Add

Directions Lowry Avenue to Lincoln South to home.

City Minneapolis

Buyer Agent Compensation 2.70

High School District Minneapolis

Total Units 2

Street Name Lincoln

Land Lease Y/N N

Tax Annual Amount 7279

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 11

Standard Status Pending

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Partial Unfinished

Basement (Y/N) Y

Above Grade Finished Area 2248

Street Suffix Street

Below Grade Finished Area 0

Fuel Natural Gas

Garage Square Feet 400

Exterior

Fencing Privacy Wood

Parking Features Detached

Water Source City Water/Connected

Lot Size Area 0.14

Lot Dimensions 50x124

Lot Size Units Square Feet

Foundation Area 1248

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 2406

* Excluded Features

List By

Keller Williams Integrity Realty

Broker

grahamsmith@kw.com

Affordability Calculator

$3,575

Per Month

Monthly Principal & Interest: $2,969
Monthly Property Taxes: $607
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Minneapolis, MN

Average List Price ^$530,451

Percent of Sale Price 25%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/28/2024	$425,000		Listed Price

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2406 Lincoln Street NE, Minneapolis, MN, 55418 is a Multi-Family Home for sale at $425,000 with 2,248 sqft and a lot size of 0.14. 2406 Lincoln Street NE has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 55418 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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2406 Lincoln Street NE

Multi-Family Home for sale in Minneapolis, MN

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