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Active
$769,900
/mo Edit
Multi-family:  Duplex Other
Built 1902
5,282 sqft • 0.15 acres
Minneapolis schools
MLS# 6785720
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    Property Description

    TP Healy duplex restoration in progress has been partially restored over the past years by an architect and current owner. The property is available now as an incredible opportunity to take part in this historical renovation. Original maple hardwood floors cover much of the 2+ stories (except kitchens and baths). Original millwork has been stripped of its aged and oxidized finish - some refinished, some not but all of it impeccably Healy and in remarkable condition. Much has been completed: new roof, architectural shingles plus multiple flat roofs have been replaced. New water heater. Extensive electrical (no remaining knob/tube wiring) and HVAC zoning have been accomplished - 4 zones - dividing the building into custom zones is possible. (one working AC condenser, 4 furnaces). Much of the plumbing has been replaced. Many of the original light fixtures and hardware for the main level have been retained and are ready for reinstallation. All stained glass windows are present (most original to the house). The front porch balusters and rails have been retained for refinishing and reinstallation. Both front porch and sunroom have newer foundations; front porch fully excavated, sunroom is a crawl space. An architectural addition was built to accommodate back stairs from the ground/garage level to the second floor. There is also a shaft built for a future elevator. Many kitchen appliances have been partially installed but never used. Offered in "as is" condition, the price reflects a remarkable opportunity for restoration enthusiasts or investors seeking substantial upside potential. This impressive residence awaits a new chapter—ready to be transformed and cherished for generations.

    Listing

    Contingency: None
    Price per sq ft: $146
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Other
    Zip Code: 55403
    Neighborhood/Area: Lowry Hill
    Subdivision Name: Groveland Add

    Interior

    Living Area: 5,282 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Crawl Space
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 25 x 22
    Garage Size: 556 ft2
    Foundation Size: 1,854 ft2
    Handicap Accessible: Other
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    • Garage Door Opener
    Shared Amenities: Laundry
    Road Frontage: City Street
    Exterior Material: Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Flat
    • Rubber

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.15
    Geolocation: 44.964586, -93.292175
    Lot Dimensions: 50 x 135
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)
    • Some Trees

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $10,684
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,684

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    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.
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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.