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Archived about 1 month ago

$489,000

6+ bd 4+ ba 2262 sqft

4404 Portland Ave, Minneapolis, MN 55407

Residential Duplex Occupied

Current Rent **

N/A

Projected Rent **

$3,600

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 3 bd
  • Bathroom: 2 ba
  • Square Footage: 1131 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent:
  • Bedroom: 3 bd
  • Bathroom: 2 ba
  • Square Footage: 1131 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No

Duplex in Mpls, 6 Beds/4 Baths, 3 Car Garage

Rare 3 car garage turnkey mid century SxS duplex with two 3 bed 2 bath units occupied unit perfect for owner occupied buyer or investor! Updated kitchen with granite counters, island bar and gas stove with SS appliances. Forced air heat and Central AC and all utilities separate except for water. The large paved rear patio and separately (partially) fenced backyards offer both relaxation and privacy, catering to various lifestyles, including pet owners. In addition to the 3 car garage there is an extra parking pad next to the garage. 4404 side also has fireplaces on both levels. Easy walk or bike access to Minnehaha trail/creek and Lake Nokomis! Clean TISH speaks to how the property's been maintained over the years. Only on the market due to job relocation out of state. Hurry this one won't last long!

Location:

4404 Portland Ave, Minneapolis, MN 55407

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.