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$425,000   Price Analysis
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2602 S 8th St
Minneapolis, MN 55454
2 bed 2 bath 1,731 SqFt ($245/SqFt)
8,712SqFt lot. Built 1900
Listed 2024-03-12, Taxes $5,572
Ⓧ USDA Ineligible
due to location

near Minneapolis

ASSUMABLE LOAN at 3.625 for qualified buyers!

* Has Contingent Offer *

Gorgeous duplex with an additional corner lot, perfect for an owner occupant or investor. Totally rebuilt/remodeled in 2005 with a kitchen expansion and new AC's in both units in 2022. Near the river in a small neighborhood and a blck down from attractive Riverside Park.

Easy access to 94 and nearby universities. Possible expansion opportunities with the extra lot (think triplex or additional dwelling) or enjoy a spacious, pr ivate feeling yard. Plenty of off-street parking, a carport and permitted parking on the street, as well as two sheds. Both units are owner occupied and have never before been rented out. Come take a look at this rare gem!


Presented by Ami Stenseth at
Edina Realty, Inc. - 6800 France.


Property MLS #6502610 from NorthstarMLS

Bedrooms: 2

Basement Features: Partial

Full Bathrooms: 2

Heating Features: Forced Air
Heating Fuel: Natural Gas

Vinyl

Land Lease Amount Frequency: No
Lot Size Acres: 0.2
Lot Size Dimensions: 65x45
Lot Size Square Feet: 8712

Parking Features: Carport, Covered, Driveway - Other Surface

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 2

School District: 1 - Minneapolis

Pratt Elementary School is a public elementary school located approximately 1 miles away.
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Edison Senior High School is a public high school located approximately 3.2 miles away.
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Northeast Middle School is a public middle school located approximately 3.9 miles away.
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Nawayee Center School is a private middle and high school located approximately 1 miles away.
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Annual Tax Amount: 5362.00
Source Listing Status: Active Under Contract
County: Hennepin
Directions: 94E to Riverside, right on Riverside, left on 8th.
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: Cedar Riverside
Parcel Number: 2502924430208
Subdivision: Rusts Sub Murphys Add
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$402,030
$5,572
2021$242,100 + $57,900
$300,000
$4,900
2020$unknown + $unknown
$248,885
$3,631
2019$unknown + $unknown
$235,260
$3,543
2018$unknown + $unknown
$195,475
$2,968
2017$unknown + $unknown
$180,760
$2,822
2016$unknown + $unknown
$180,760
$2,917
2015$unknown + $unknown
$169,315
$2,873
2014$unknown + $unknown
$153,619
$2,801
2013$unknown + $unknown
$158,960
$2,908
2012$unknown + $unknown
$158,960
$2,837
2011$141,500 + $48,000
$189,500
$2,970
2010$148,500 + $48,000
$196,500
$2,718
2009$172,700 + $48,000
$220,700
$3,137
2008$202,000 + $48,000
$250,000
$3,217
2007$213,100 + $36,900
$250,000
$3,320

Price Changed 2024-04-11
$425,000
NorthstarMLS
Listed 2024-03-12
$450,000
NorthstarMLS
Sold 2019-08-01
$401,000
NorthstarMLS
Sold 1995-04-13
$41,000
Public Record

Total Square Feet Living: 1731
Above Grade Finished Area: 1731
Foundation Area: 1731.00
Property Age: 124
Property Condition: Previously Owned
Roof: Age Over 8 Years, Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 1731.00
Total Area Main: 899.00
Total Below Grade Area: 207.00

Sewer: City Sewer/Connected
Water Source: City Water/Connected
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.