4 Beds
2 Baths
1,643 SqFt
4 Beds
2 Baths
1,643 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,643 sqft
Price per Sqft $155
Subdivision Rheems Add
MLS Listing ID 7130881
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1920
Annual Tax Amount $995
Tax Year 2026
Contingent None
Lot Size 5227.000 Acres
Lot Dimensions 40x126
Property Sub-Type Single Family
Property Description
Whether you're an owner-occupant seeking an affordable path to homeownership or an investor looking for strong rental potential, this property offers exceptional flexibility. The home currently benefits from Minneapolis 4D Affordable Housing Program, resulting in exceptionally low property taxes. Qualifying owner-occupant purchasers may be eligible for release of the affordability covenant through the City of Minneapolis, while investors can continue to benefit from the program's favorable tax treatment. Buyer to verify all program requirements and eligibility.
A rare opportunity to own a large Minneapolis home with strong fundamentals, attractive carrying costs, and multiple paths to long-term value.
Location
State MN
County Hennepin
Zoning Residential-Single Family
Rooms
Basement Block
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
Exterior
Parking Features Attached Garage, Parking Lot
Garage Spaces 2.0
Fence Privacy
Building
Story Two
Foundation 787
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Schools and Properties Nearby
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