240 Bedford Street SE Minneapolis, MN ^$ 595,000

240 Bedford Street SE

^$ 595,000

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240 Bedford Street SE

Minneapolis, MN, 55414

^$ 595,000

Bedrooms6 Baths4.0 Sq 3,132

Monthly Estimate*

^$ 4,156

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Multi-Family Home for sale in Minneapolis, MN

for $595,000 with 6 bedrooms and 4 full baths. This 3,132 square foot home was built in 1915 on a lot size of 0.18.

Rare brick Prospect Park fourplex on a quiet, dead end street. Great opportunity for owner-occupant or investor. All the charm and woodwork of its born on date. Perfectly located so as to be in a quiet neighborhood yet still have easy access to the U, river, light rail or interstate. Two units currently rented to long-term tenants, two are extended stay and Airbnb for additional revenue.

Multi-Family Pending

Price

^$ 595,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,534

Style

Apartment

Lot Size

0.18

Year Built

1915

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6521928

Features

General

Sewer City Sewer/Connected

Heating Boiler

Roof Age Over 8 Years

Garage Spaces 0

Construction Materials Brick/Stone

Year Built 1915

Electric Circuit Breakers

Tenant Pays Electricity

Levels Two

Property SubType Apartment

Tax Year 2024

Gross Income 62280

Accessibility None

County Hennepin

Operating Expense 0

Insurance Expense 0

New Construction N

Property Type Residential Income

Association Amenities Common Laundry

Contingency None

Subdivision Name Watsons Prospect Place Add

Directions 35W to MN-280 S. Continue on MN-280 S. Take Territorial Rd/University Ave Exit. Continue on N Eustis St. Take Franklin Ave to Bedford St SE. Turn Left onto Beford St SE. Home will be on the right.

City Minneapolis

Buyer Agent Compensation 2.70

High School District Minneapolis

Zoning Description Residential-Multi-Family

Total Units 4

Carport Spaces 2

Street Name Bedford

Land Lease Y/N N

Tax Annual Amount 7534

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Virtual Tour https://we-love-houses.seehouseat.com/2229916?idx=1

Days on Market 12

Standard Status Pending

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Block

Basement (Y/N) Y

Above Grade Finished Area 3132

Street Suffix Street

Below Grade Finished Area 0

Fuel Natural Gas

Exterior

Parking Features None

Lot Features Tree Coverage - Medium

Water Source City Water/Connected

Lot Size Area 0.18

Lot Dimensions 133x60

Lot Size Units Acres

Foundation Area 1566

Road Frontage Type City Street

Internal Only

Street Number 1 240

* Excluded Features

List By

Keller Williams Realty Integrity-Edina

Broker

kari@duplexchick.com

Affordability Calculator

$4,784

Per Month

Monthly Principal & Interest: $4,156
Monthly Property Taxes: $628
Monthly Home Insurance: --

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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 ^$514,801

Percent of Sale Price 13%

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
4/19/2024	$595,000		Listed Price

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240 Bedford Street SE, Minneapolis, MN, 55414 is a Multi-Family Home for sale at $595,000 with 3,132 sqft and a lot size of 0.18. 240 Bedford Street SE has 6 bedrooms, 4.0 baths, and was built in 1915. The property's zip code is 55414 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 5/2/2024.

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240 Bedford Street SE

Multi-Family Home for sale in Minneapolis, MN

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