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1098 26th Avenue SE, Minneapolis, MN 55414

$450,000

Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 3,192 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $450,000 List Date: 7/10/2026 Last Modified: 7/10/2026

Overview

Description

Duplex near U of M, Como neighborhood, 1098-1100 26th. Long time owner, 24 years, is retiring and diversifying. Both units are currently rented. Side by side, one unit has 3BR, 2BA, other unit has 5BR, 2BA. 100% occupancy in 25 years of ownership. Tenants pay gas and electric, owner pays water/trash. Each unit has its own AC, Furnace and Laundry room.

Listing Details MLS# 7044340

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1957
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1596
Above Ground SqFt: 1596
Below Grd Total SqFt: 1596
Total SqFt: 3192
Foundation Size: 1596
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2850.00
Lot Dimensions: 47x128
Acres: 0.14
Assessment Pending: No
# Carport Spaces: 0
Garage Stalls: 0

Property Features

Accessible: None Basement: Full Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Brick/Stone; Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Unit Owner Pays: Trash Collection; Water Parking Characteristics: Gravel Lot Rental License Type: Standard Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: One Tenant Pays: Electricity; Gas Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 450000
ListPrice: 450000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1098
Street Name: 26th
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Glencar Add

Assessments

Tax With Assessments: 6815.42
Assessment Balance: 0
Assessment Installment: 0

Building Information

Finished SqFt Above Ground: 1650
Finished SqFt Below Ground: 1200

More Information

Income and Expenses

Annual Gross Expenses: 12141
Annual Gross Income: 40920
Annual Insurance Expense: 2086
Annual Net Income: 28779
Annual Trash Expense: 1200
Annual Water/Sewer Expense: 2040
Total Annual Expenses: 12141
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Misc Monthly Income: 0
Misc. Annual Income: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 23
Section#: 19
Township#: 29

Unit 1

Furnished?: No
Lease Expiration Date: 2027-08-31
Leased?: Yes
Unit Number: Yes
3/4 Baths: Yes
Annual Rent: 24000
Finished SqFt: 1650
Full Baths: Yes
Monthly Expense: 140
Monthly Rent: 2000
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 5
Total Rooms: 9

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
3/4 Baths: Yes
Annual Rent: 16920
Finished SqFt: 1150
Full Baths: Yes
Monthly Expense: 130
Monthly Rent: 1410
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 6

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: BLOCK 006 GLENCAR ADDN N 34 FT OF LOT 26 AND S 13 FT OF LOT 27
Listing City: Minneapolis
Map Page: 107
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 6416
Property ID Number: 1902923120076
Tax Year: 2026
Tax Amount: 6815.42
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Duplex near U of M, Como neighborhood, 1098-1100 26th. Long time owner, 24 years, is retiring and diversifying. Both units are currently rented. Side by side, one unit has 3BR, 2BA, other unit has 5BR, 2BA. 100% occupancy in 25 years of ownership. Tenants pay gas and electric, owner pays water/trash. Each unit has its own AC, Furnace and Laundry room.
Directions: 35W to Hennepin Ave. E to 26th South to home

Accessible

None: Yes

Basement

Full: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Exterior

Brick/Stone: Yes
Stucco: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Laundry

In Unit: Yes

Owner Pays

Trash Collection: Yes
Water: Yes

Parking Characteristics

Gravel Lot: Yes

Rental License Type

Standard: Yes

Roof

Age 8 Years or Less: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Listing Office: Morgan And Trust Realty

Last Updated: July - 10 - 2026

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