2301 Cromwell Drive, Minneapolis, MN 55410

New Listing
$549,900
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 2,150 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $549,900 List Date: 4/08/2026 Last Modified: 4/09/2026

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.

Listing Details MLS# 7051774

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
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

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.
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
IDX
Last Updated: April - 09 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.