$399,900
($98,165 down)1611 Grand Street NE, Minneapolis, MN 55413
PITI Monthly
Listing courtesy of: , Coldwell Banker Realty
Assumed Rate
5.22%
7.15%Principal & Interest
$1,724 /mo
$2,116 /moWhat's Special
Charming NE Minneapolis Duplex! Centrally located and just steps away from some of the area’s best restaurants, coffee shops, and entertainment, this well-maintained duplex offers the perfect blend of charm and opportunity. With just under 2,000 sqft, this owner-occupied property features great updates, including a newer furnace and new kitchen flooring in the main level unit. This Arts District gem is currently being rented below market rate and is a fantastic opportunity for investors and owner occupants alike. Enjoy the privacy of a fully fenced backyard and the potential to generate passive income. Don’t miss your chance to own in one of Minneapolis’s most vibrant neighborhoods! Schedule for a tour today!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 6 months
Monthly PITI
$2,517.08/mo
Estimated Loan Balance
$302,552
Cash to close
$98,165
Interest Paid
$40,172
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms:
- Bathrooms:
Cooling & Heating
- Cooling: Unknown
- Heating: Forced Air
Features
- Materials: Brick/Stone
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Unknown
Exterior
Fencing
- Fencing: Wood
Roof
- Roof: Age Over 8 Years
Parking
- Garage: No
- Garage Spaces: 0
- Carport: No
- Carport Spaces:
Water
- Sewer: City Sewer/Connected
- Water Source: City Water/Connected
Pool
- Has Pool: No
- Pool Features: Unknown
Construction
Type & Style
- Stories:
- Home type: Duplex Up and Down
- Architectural Style: Unknown
Materials
- Brick/Stone
- Roof: Age Over 8 Years
Condition
- Year Built: 1900
Details
- Builder:
Community & HOA
Community
- Subdivision: Orth & Hechtmans Add To St Anthony
- Features: None
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial Details
- Price per Sqft: $201.77
- Tax Annual Amount: $5052
- On Market Date: 2025-04-01T00:00:00.000Z
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You cover the entire equity of $98,165!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: NST6675335
Listing From: northstar
Last updated: 2025-04-02T04:08:03.000Z
© , northstar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
Assumed Rate
5.22%
7.15%Principal & Interest
$1,724 /mo
$2,116 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $98,165!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000Resources
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