26
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$305,000
Est. payment /mo
4 Beds
2 Baths
1,776 SqFt
New
2915 N 3rd ST Minneapolis, MN 55411
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Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 1,776 sqft
Price per Sqft $171
Subdivision Payne & Hendersons Sub Morrisons
MLS Listing ID 7080138
Bedrooms 4
Year Built 1906
Annual Tax Amount $3,893
Tax Year 2025
Contingent None
Lot Size 4,356 Sqft
Lot Dimensions 28x158
Property Sub-Type Duplex Up and Down
Property Description
Exceptional investment opportunity in Minneapolis' growing Hawthorne neighborhood! This well-maintained duplex is ideal for both owner-occupants and investors seeking strong cash flow and long-term appreciation. Major updates completed in 2021-2022 include a new roof, furnace, water heater, walkway, stairs, and retaining wall, providing peace of mind and reduced maintenance costs for years to come. The property is currently generating solid rental income, with Unit 1 rented at $1,250/month and Unit 2 rented at $1,575/month.
Located in an area experiencing significant reinvestment and growth, this property is surrounded by new development activity, including a brand-new construction duplex valued at approximately $450,000 being built next door. Additional new construction projects have recently been completed nearby, further enhancing the neighborhood's appeal and future value. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a stable, income-producing asset to your portfolio, this duplex offers a rare combination of cash flow, updates, and upside potential. Don't miss your chance to own in one of North Minneapolis' emerging neighborhoods!
Located in an area experiencing significant reinvestment and growth, this property is surrounded by new development activity, including a brand-new construction duplex valued at approximately $450,000 being built next door. Additional new construction projects have recently been completed nearby, further enhancing the neighborhood's appeal and future value. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a stable, income-producing asset to your portfolio, this duplex offers a rare combination of cash flow, updates, and upside potential. Don't miss your chance to own in one of North Minneapolis' emerging neighborhoods!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Laundry In Basement, Common Area
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Building
Story Two
Foundation 779
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Block
New Construction false
Schools
School District Minneapolis
Listed by Hosie Thurmond • Keller Williams Realty Integrity Lakes
NEARBY SCHOOL & BUSINESS
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