1942 Lincoln Street NE Minneapolis, MN $ 399,900
1942 Lincoln Street NE
$ 399,900
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1942 Lincoln Street NE

Minneapolis, MN, 55418
$ 399,900
Bedrooms4 Baths2.0 Sq 1,438

Monthly Estimate*

$ 2,793

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Multi-Family Home for sale in Minneapolis, MN

for $399,900 with 4 bedrooms and 2 full baths. This 1,438 square foot home was built in 1902 on a lot size of 0.15.

Perfect for either an owner occupant or investor, this quality duplex with a strong rental history is situated in a prime NE Minneapolis location- near the Quarry Shopping Center, breweries and restaurants, parks, Greenway trail system and with easy access to 35W and downtown. It features: original hardwood floors, light and bright living spaces, brand new roof, maintenance free exterior, oversized 2 car garage with additional off street parking, updated and split mechanicals (furnace, water heater, and electrical).

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Multi-Family Active

Price

$ 399,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,383

Style

Duplex Up and Down

Lot Size

0.15

Year Built

1902

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6518141

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Asphalt
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1902
Tenant Pays Electricity
Levels Two
Property SubType Duplex Up and Down
Tax Year 2024
Gross Income 29880
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Association Amenities Coin-op Laundry Owned
Contingency None
Directions Central Avenue To 19th East to Lincoln Go North
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 2
Street Name Lincoln
Land Lease Y/N N
Tax Annual Amount 6383
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 4
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Daylight/Lookout Windows
Basement (Y/N) Y
Above Grade Finished Area 1438
Street Suffix Street
Below Grade Finished Area 0
Fuel Natural Gas
Garage Dimensions 20x24
Garage Square Feet 480
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Exterior
Parking Features Detached
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.15
Lot Dimensions 50x131
Lot Size Units Square Feet
Foundation Area 899
Road Frontage Type City Street
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Internal Only
Street Number 1 1942
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* Excluded Features
List By
Lakes Sotheby's International Realty

Broker

tony.miller@lakesmn.com

Email

Affordability Calculator

$3,325
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,793
Monthly Property Taxes
$532
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$399,900 Listed Price

Map


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1942 Lincoln Street NE, Minneapolis, MN, 55418 is a Multi-Family Home for sale at $399,900 with 1,438 sqft and a lot size of 0.15. 1942 Lincoln Street NE has 4 bedrooms, 2.0 baths, and was built in 1902. The property's zip code is 55418 which is in Minneapolis, MN