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2301 Cromwell Drive, Minneapolis, MN 55410

$549,900

Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 2,150 Lot Size (sq. ft.): 9,148 Status: Pending

Current Price: $549,900 List Date: 4/08/2026 Last Modified: 7/02/2026

Overview

Description

Check out this rare opportunity located on the coveted Cromwell Drive. This lovely duplex sits nicely on a hill under a canopy of oak trees just 1/2 block from Minnehaha creek and a few blocks from Lake Harriet. Walk to many dining options as well or to the corner of the lot and hop on a bus. This home has been enjoyed by the same owner for over 25 years and is available for the next owner to enjoy. With quite a few updates, like windows and doors the home is ready to go for it's new owner. A warranty takes the worry out of any mechanical issues you may have in either unit moving forward. Make an appointment today to check it out. Please note 48 hour notice is required to show.

Listing Details MLS# 7051774

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1948
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1600
Above Ground SqFt: 1600
Below Grd Total SqFt: 550
Total SqFt: 2150
Foundation Size: 1600
Style: (MF) Duplex Side X Side
Total Finished Sqft: 1600.00
Garage Stalls: 2
Lot Dimensions: 60x150
Acres: 0.21
Assessment Pending: No

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Concrete Block; Full Construction Materials: Frame Construction Status: Previously Owned Electric: Circuit Breakers Existing Financing: Free and Clear Exterior: Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; Fiber Optic; Satellite Laundry: Gas Dryer Hookup; In Basement; Lower Level; Washer Hookup Lock Box Type: Supra Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Medium Owner Pays: Sewer; Trash Collection; Water Parking Characteristics: Driveway - Shared; Floor Drain; Heated Garage; Insulated Garage Road Frontage: City Street Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional; VA Sewer: City Sewer/Connected Stories: One Tenant Pays: Cable TV; Electricity; Fuel; Lawn; Snow Removal Unit 1 Amenities: Ceiling Fan(s); Hardwood Floors; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Paneled Doors; Tile Floors; Washer/Dryer Hookup Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Breakfast Area; Kitchen/Dining Room Unit 1 Fireplace Char: Brick; Family Room; Living Room; Wood Burning Unit 2 Amenities: Hardwood Floors; Kitchen Window; Tile Floors Unit 2 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Window Unit 2 Fireplace Char: Full Masonry; Brick; Family Room; Fireplace Footings; Living Room; Wood Burning Water: City Water/Connected

Contract Information

Off Market Date: 2026-04-27
Contingency: None
Original List Price: 549900
ListPrice: 549900
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 2301
Street Name: Cromwell
Street Suffix: Drive
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55410
Complex/Dev/Subdivision: Harriet Heights 3rd Div

Assessments

Tax With Assessments: 9141
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1600

More Information

Income and Expenses

Annual Gross Income: 40140
Annual Insurance Expense: 4448
Annual Net Income: 24360
Annual Water/Sewer Expense: 2160
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 200
Driveway - Shared: Yes
Floor Drain: Yes
Heated Garage: Yes
Insulated Garage: Yes

Public Survey Info

Range#: 24
Section#: 17
Township#: 28

Unit 1

Furnished?: No
Lease Expiration Date: 2026-07-31
Leased?: Yes
Unit Number: Yes
# of Fireplaces: 2
Annual Rent: 18600
Finished SqFt: 800
Full Baths: Yes
Monthly Expense: 90
Monthly Rent: 1550
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 2

Furnished?: No
Lease Expiration Date: 2026-08-31
Leased?: Yes
Unit Number: 2
Annual Rent: 21540
Finished SqFt: 800
Full Baths: Yes
Monthly Expense: 90
Monthly Rent: 17995
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 003 BLOCK 001 HARRIET HEIGHTS 3RD DIV
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2099
Property ID Number: 1702824440046
Tax Year: 2025
Tax Amount: 9141
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Check out this rare opportunity located on the coveted Cromwell Drive. This lovely duplex sits nicely on a hill under a canopy of oak trees just 1/2 block from Minnehaha creek and a few blocks from Lake Harriet. Walk to many dining options as well or to the corner of the lot and hop on a bus. This home has been enjoyed by the same owner for over 25 years and is available for the next owner to enjoy. With quite a few updates, like windows and doors the home is ready to go for it's new owner. A warranty takes the worry out of any mechanical issues you may have in either unit moving forward. Make an appointment today to check it out. Please note 48 hour notice is required to show.
Directions: 50th To Penn South to Cromwell Drive west to property.

Accessible

None: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes
Full: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Existing Financing

Free and Clear: Yes

Exterior

Stucco: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Cable: Yes
Fiber Optic: Yes
Satellite: Yes

Laundry

Gas Dryer Hookup: Yes
In Basement: Yes
Lower Level: Yes
Washer Hookup: Yes

Lot Description

Corner Lot: Yes
Public Transit (w/in 6 blks): Yes
Tree Coverage - Medium: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Road Frontage

City Street: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
VA: 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

Cable TV: Yes
Electricity: Yes
Fuel: Yes
Lawn: Yes
Snow Removal: Yes

Unit 1 Amenities

Ceiling Fan(s): Yes
Hardwood Floors: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Paneled Doors: Yes
Tile Floors: Yes
Washer/Dryer Hookup: Yes

Unit 1 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Dining Room Description

Breakfast Area: Yes
Kitchen/Dining Room: Yes

Unit 1 Fireplace Char

Brick: Yes
Family Room: Yes
Living Room: Yes
Wood Burning: Yes

Unit 2 Amenities

Hardwood Floors: Yes
Kitchen Window: Yes
Tile Floors: Yes

Unit 2 Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

Window: Yes

Unit 2 Fireplace Char

Full Masonry: Yes
Brick: Yes
Family Room: Yes
Fireplace Footings: Yes
Living Room: Yes
Wood Burning: Yes

Listing Office: Coldwell Banker Realty

Last Updated: July - 02 - 2026

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