For Sale: Minneapolis MLS# 7040584
Active
NEW!
$549,000
Single Family: 2 Stories
4 br • 4 ba • Built 2018
2,038 sqft • 0.16 acres
Minneapolis schools
MLS# 7040584
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Property Description
See 3D tour and a video tour on virtual tour links! Purpose-built for flexibility, income potential, and modern living, this stunning home offers a rare opportunity for house hacking or multigenerational living just minutes from downtown Minneapolis. Built in 2018 with thoughtful design throughout, the property features a separate lower-level living space that currently operates as a successful short-term rental, averaging $1, 800 per month or you can use it as a 4th bedroom, second living room and 4th bathroom.
The main level welcomes you with a bright, open-concept layout highlighted by walls of windows and seamless flow between the kitchen, dining, and livingroom. At the heart of the home is a massive 7 x 5 kitchen island perfect for entertaining and everyday living. Step outside to the impressive 15x14 deck, where hops and vines create a charming, private retreat overlooking the thoughtfully designed garden, your own oasis in the city.
Upstairs, you’ll find three bedrooms on one level, including a spacious primary suite with dual sinks, large closes with organizers. Convenient upper-level laundry adds to the home’s functionality.
The lower level is designed for versatility and privacy, featuring a second living room with wet bar, fourth bedroom, three-quarter bath, and a sound-dampened office ideal for podcasting or remote work. A shared mudroom enhances separation while maintaining easy access between spaces.
Additional highlights include a new roof in 2023 and an unbeatable location less than a mile from downtown Minneapolis and just blocks from Theodore Wirth Park.
This is a unique opportunity to own a home that truly adapts to your lifestyle—whether you're looking for income, space, or both.
- history of income
Listing
Listing Status:
Active
Contingency:
None
List Price:
$549,000
Price per sq ft:
$269
Property Type:
Single Family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
2018
State:
MN
Property Style:
2 Stories
Zip Code:
55405
Neighborhood/Area:
30
Subdivision Name:
Morrison & Russells Add
Interior
Bedrooms:
4
Bathrooms:
4
Finished Area:
2,038 ft2
Total Fireplaces:
0
Living Area:
2,038 ft2
Common Wall:
No
Appliances Included:
- Air-To-Air Exchanger
- Chandelier
- Dishwasher
- Disposal
- Dryer
- ENERGY STAR Qualified Appliances
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
Basement Details:
- Concrete
- Drain Tiled
- Egress Window(s)
- Finished
- Full
- Single Tenant Access
- Sump Pump
- Tile Shower
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
22 x 20
Garage Size:
440 ft2
Garage Door Height:
7
Garage Door Width:
16
Air Conditioning:
Central Air
Foundation Size:
784 ft2
Foundation Dimensions:
28 x 28
Fencing:
Full, Privacy, Wood
Handicap Accessible:
None
Out Buildings:
Greenhouse
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Concrete
- Detached Garage
- Garage Door Opener
Unit Amenities:
- Ceiling Fan(s)
- City View
- Deck
- Kitchen Center Island
- Kitchen Window
- Paneled Doors
- Patio
- Tile Floors
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Paved Streets
- Sidewalks
- Street Lights
Pool:
None
Roof Details:
- Age 8 Years or Less
- Asphalt
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
1
3/4 Baths:
2
Bathroom Details:
- 3/4 Basement
- 3/4 Primary
- Bathroom Ensuite
- Main Floor 1/2 Bath
- Private Primary
- Upper Level 3/4 Bath
- Upper Level Full Bath
Dining/Kitchen:
- Informal Dining Room
- Kitchen/Dining Room
- Living/Dining Room
Laundry:
- Gas Dryer Hookup
- In Hall
- Laundry Closet
- Upper Level
| Second Level | Size | Sq Ft |
|---|---|---|
| Bedroom | 15 x 12.6 | 180 |
| Second Level | Size | Sq Ft |
|---|---|---|
| Laundry | 3 x 04 | 12 |
| Second Level | Size | Sq Ft |
|---|---|---|
| Primary Bathroom | 8.6 x 07 | 56 |
| Second Level | Size | Sq Ft |
|---|---|---|
| Bedroom 2 | 14 x 09 | 126 |
| Second Level | Size | Sq Ft |
|---|---|---|
| Bedroom 3 | 10 x 09 | 90 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Deck | 15 x 14 | 210 |
| Dining Room | 10 x 10.6 | 100 |
| Foyer | 5 x 5 | 25 |
| Kitchen | 16 x 11 | 176 |
| Living Room | 16 x 10.6 | 160 |
| Mud Room | 10 x 07 | 70 |
| Basement Level | Size | Sq Ft |
|---|---|---|
| Bedroom 4 | 14 x 09 | 126 |
| Living Room | 17 x 15 | 255 |
| Office | 7.6 x 7.6 | 49 |
Lot & Land
Acres:
0.16
Geolocation:
44.981873, -93.309059
Lot Dimensions:
37 x 165 x 37 x 165
Zoning:
Residential-Single Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
- Underground Utilities
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$6,177
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,177
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
Mortgage Calculator
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Local Home Mortgage Professional
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Sagedahl Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.