$549,900
Great opportunity to own a well-maintained side-by-side duplex in the highly desirable St. Anthony Park neighborhood! This solid multifamily property offers an ideal combination of rental income, flexibility, and location, making it an attractive option for both investors and owner-occupants.
The property features two separate units, each offering its own private living space and the convenience of side-by-side living. One unit is currently leased through June 2027 at $2,228 per month, providing an established tenant and dependable income for the new owner. The second unit is currently vacant and most recently rented for $2,295 per month, giving the new owner the flexibility to move in, begin leasing immediately, or use the vacant unit as an opportunity to update or customize the space.
The sellers have enjoyed a strong rental history with the property, and this duplex has proven to be a great investment over the years. With the two units capable of generating over $4,500 per month when both are rented at their recent rental rates, there is excellent income potential for a new owner.
Located in the popular St. Anthony Park neighborhood, this property offers easy access to both Minneapolis and St. Paul, along with nearby shopping, restaurants, parks, schools, and major roadways. St. Anthony Park is known for its established residential setting, convenient location, and strong appeal to renters and homeowners alike.
Whether you're an investor looking to add a solid duplex to your portfolio or an owner-occupant looking to offset your housing costs with rental income, this is a fantastic opportunity. Live in one side and rent the other, rent both units, or take advantage of the currently vacant unit to make the property your own. A proven rental property in a sought-after location with immediate flexibility. Come see today!
6
Beds
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4
Baths
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7151741
MLS
3640 Edward Street NE, Saint Anthony
Listing courtesy of Compass.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.