1142 Cheery Lane NE, Minneapolis, MN 55421

$570,000
Property Type: Multi-Family Bedrooms: 5 Baths: 4 Square Footage: 4,100 Lot Size (sq. ft.): 13,504 Status: Pending
Current Price: $570,000 List Date: 3/08/2026 Last Modified: 4/08/2026

Overview

Description

Opportunity knocks! Purchase as an investment property . Both units rented. The seller has replaced all the siding on both units and most of the wood laminate flooring in both units. New furnace in one unit. Also newer carpet in bedrooms and stairs. Seller also fully fenced-in the yard for more privacy. Property is located on a cul-de-sac unit on west side of the home has a 2 car garage that is unit 1142 and the East side unit has a 1 car garage that is unit 1144. Unit 1144 has 2 non-conforming bedrooms which could easily be made into 4 bedrooms by adding 2 egress windows. Unit 1142 you can easily add a 4th bedroom in the lower level. Newer appliances include 2 stainless steel refrigerators, 1 stainless steel dishwasher, 2 new washers and 2 new dryers. Nice private yard . Unit 1142 has a slider to the deck. Don't pass this one up.

Listing Details MLS# 7031051

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront Present
No
Year Built
1981
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
2050
Above Ground SqFt
2050
Below Grd Total SqFt
2050
Total SqFt
4100
Foundation Size
2050
Style
(MF) Duplex Side X Side
Total Finished Sqft
4100.00
Garage Stalls
3
Lot Dimensions
35x138x84x95x121
Acres
0.31

Property Features

Accessible: None Amenities Shared: Common Garden Basement: Concrete Block; Full Construction Materials: Block; Frame Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Brick/Stone; Stucco Fencing: Full; Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; DSL; Satellite Laundry: Gas Dryer Hookup; Lower Level; Washer Hookup Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light Pool Description: None Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: One Tenant Pays: All Utilities Topography: Sloped Unit 1 Appliances: Stainless Steel Appliances; Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: 3/4 Basement; Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Informal Dining Room Unit 1 Family Room Characteristics: Lower Level Unit 1 Special Search: Main Floor Primary Unit 2 Appliances: Stainless Steel Appliances; Dishwasher; Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Full Basement; Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Informal Dining Room Unit 2 Family Room Characteristics: Lower Level Water: City Water/Connected

Contract Information

Off Market Date
2026-03-29
Contingency
None
Original List Price
570000
ListPrice
570000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1142
Street Name
Cheery
Street Suffix
Lane
Street Direction Suffix
NE
Postal City
Minneapolis
County
Anoka
State
MN
Zip Code
55421
Complex/Dev/Subdivision
Cheery Heights

Assessments

Tax With Assessments
7793
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2050
Finished SqFt Below Ground
2050

More Information

Income and Expenses

Annual Gross Income
49200
Annual Insurance Expense
2000
Annual Maintenance Expense
Yes
Annual Net Income
48000
Annual Repair Expense
1200
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
23 x21
Garage Door Height
7
Garage Door Width
16
Garage Square Feet
850

Public Survey Info

Range#
24
Section#
25
Township#
30

Unit 1

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
Yes
3/4 Baths
Yes
Annual Rent
26400
Finished SqFt
2100
Full Baths
Yes
Monthly Rent
2200
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
7

Unit 2

Furnished?
No
Leased?
No
Unit Number
2
Annual Rent
22800
Finished SqFt
1900
Full Baths
2
Monthly Rent
1900
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
2
Total Rooms
8

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
CHEERY HEIGHTS LOT 38 BLK 1 CHEERY HEIGHTS(SUBJ TO EASE AS SHOWN ON PLAT)(SUBJ 5 FT SAN SEW EASE TO CITY OF COL HGTS 6-6-78)
Listing City
Columbia Heights
Map Page
92
Municipality
Columbia Heights
School District
Columbia Heights
School District Phone
763-528-4500
Zip Plus 4
1952
Property ID Number
253024320043
Tax Year
2024
Tax Amount
7793
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Opportunity knocks! Purchase as an investment property . Both units rented. The seller has replaced all the siding on both units and most of the wood laminate flooring in both units. New furnace in one unit. Also newer carpet in bedrooms and stairs. Seller also fully fenced-in the yard for more privacy. Property is located on a cul-de-sac unit on west side of the home has a 2 car garage that is unit 1142 and the East side unit has a 1 car garage that is unit 1144. Unit 1144 has 2 non-conforming bedrooms which could easily be made into 4 bedrooms by adding 2 egress windows. Unit 1142 you can easily add a 4th bedroom in the lower level. Newer appliances include 2 stainless steel refrigerators, 1 stainless steel dishwasher, 2 new washers and 2 new dryers. Nice private yard . Unit 1142 has a slider to the deck. Don't pass this one up.
Directions
HWY 65 to 49th Ave, east to Fillmore, South to Cheery Lane, West to home (cul de sac)

Accessible

None
Yes

Amenities Shared

Common Garden
Yes

Basement

Concrete Block
Yes
Full
Yes

Construction Materials

Block
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Fencing

Full
Yes
Wood
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Cable
Yes
DSL
Yes
Satellite
Yes

Laundry

Gas Dryer Hookup
Yes
Lower Level
Yes
Washer Hookup
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes
Tree Coverage - Light
Yes

Patio, Porch and Deck Features

Side Porch
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Topography

Sloped
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

All Utilities
Yes

Unit 1 Appliances

Stainless Steel Appliances
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

3/4 Basement
Yes
Main Floor Full Bath
Yes

Unit 1 Cooling

Central
Yes

Unit 1 Dining Room Description

Informal Dining Room
Yes

Unit 1 Family Room Characteristics

Lower Level
Yes

Unit 1 Special Search

Main Floor Primary
Yes

Unit 2 Appliances

Stainless Steel Appliances
Yes
Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Bath Description

Full Basement
Yes
Main Floor Full Bath
Yes

Unit 2 Cooling

Central
Yes

Unit 2 Dining Room Description

Informal Dining Room
Yes

Unit 2 Family Room Characteristics

Lower Level
Yes
Listing Office: ERA Prospera Real Estate
IDX
Last Updated: April - 08 - 2026
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