$395,000
$395,000
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2113 Ilion AVE N Minneapolis, MN 55411
7 Beds
3 Baths
2,394 SqFt
Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Duplex Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,394 sqft
Price per Sqft $164
Subdivision Forest Heights
MLS Listing ID 6820284
Bedrooms 7
Year Built 1900
Annual Tax Amount $11,065
Tax Year 2025
Lot Size 6,098 Sqft
Property Sub-Type Duplex Other
Property Description
Completely renovated from the studs up, this exceptional 7-bedroom, 3-bath duplex offers an unparalleled investment opportunity in Minneapolis. Every major system has been replaced, providing long-term stability, low future maintenance, and the kind of reliability investors actively seek.
Both units have been fully modernized with new LVP flooring, new kitchens, new bathrooms, and updated fixtures throughout. Major mechanical upgrades include two brand-new furnaces, two new air conditioning units, all new ductwork, two new 100-amp electrical services, full rewiring, two new electric water heaters, new spray-foam and batt insulation, new water and waste piping, and updated kitchen and bath ventilation. Exterior improvements include new vinyl siding, new soffit and fascia, new windows, and a new roof.
Properties of this size and condition rarely come to market. With seven total bedrooms and a layout ideal for strong rental demand, this duplex offers significant cash-flow potential for both seasoned investors and those entering the market. (Rental Comps & Floor Plans in Supplements) Located minutes from daily conveniences, parks, schools, and dining, this is a turnkey opportunity designed for long-term performance.
Schedule your showing quickly! Opportunities like this do not come often!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Forced Air
Laundry In Unit
Exterior
Parking Features Other
Roof Type Age 8 Years or Less,Asphalt
Building
Lot Description Corner Lot, Tree Coverage - Light
Story More Than 2 Stories
Foundation 1196
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Minneapolis
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