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$374,900   Price Analysis
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2514 3rd St NE
Minneapolis, MN 55418
4 bed 2 bath 1,648 SqFt ($227/SqFt)
7,405SqFt lot. Built 1900
Listed 2024-05-30, Taxes $5,639
Ⓧ USDA Ineligible
due to location

near Minneapolis

Great opportunity to own a duplex in the heart of the NE Art District!

* Sale Pending *

The lower unit has granite counters, hardwood floor and original woodwork.

There is a nic (shared) patio o ut back - please note the 3 car garage!


Presented by Karen Lanz at
RE MAX Results.


Property MLS #6544724 from NorthstarMLS

Bedrooms: 4

Basement Features: Unfinished

Full Bathrooms: 2

Heating Features: Forced Air
Heating Fuel: Natural Gas

Stucco
Road Frontage Type: City

Land Lease Amount Frequency: No
Lot Description: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Acres: 0.17
Lot Size Dimensions: 46x158
Topography: Level
Lot Size Square Feet: 7405

Garage Spaces: 3
Parking Features: Guest Parking, Attached Garage, Detached Garage, Heated Garage
Garage Dimensions: 20 x 20
Garage Sqft: 400

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 200.00

Gross Income: 34800.00
Tenant Pays: Cable T.V., Electric, Fuel

Number of Units: 2

School District: 1 - Minneapolis

Edison Senior High School is a public high school located approximately 0.7 miles away.
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Pillsbury Elementary School is a public elementary school located approximately 1.5 miles away.
directions icon Map directions

Northeast Middle School is a public middle school located approximately 1.6 miles away.
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Pope John Paul II Catholic School is a private elementary and middle school located approximately 0.6 miles away.
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Annual Tax Amount: 6990.60
Source Listing Status: Pending
County: Hennepin
Directions: University Ave to Lowry Ave to 3rd St NE
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 2550.00
Source Neighborhood: Marshall Terrace
Owner Pays: Broadband, Insurance, Lawn, Maintenance/Repair, Sewer, Snow, Taxes, Trash, Water
Parcel Number: 1102924230093
Subdivision: B S Wrights Add
Trash Expense: 945.00
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$277,000 + $55,000
$332,000
$5,639
2021$290,000 + $42,000
$332,000
$5,423
2020$248,500 + $28,000
$276,500
$4,886
2019$unknown + $unknown
$236,895
$3,566
2018$unknown + $unknown
$209,645
$3,178
2017$unknown + $unknown
$177,490
$2,772
2016$unknown + $unknown
$167,680
$2,711
2015$unknown + $unknown
$134,435
$2,297
2014$unknown + $unknown
$112,090
$2,065
2013$unknown + $unknown
$112,090
$2,072
2012$unknown + $unknown
$119,175
$2,146
2011$100,900 + $50,100
$151,000
$2,291
2010$117,400 + $50,100
$167,500
$2,224
2009$158,900 + $50,100
$209,000
$2,907
2008$160,000 + $46,400
$206,400
$3,452
2007$148,500 + $31,000
$179,500
$2,341

Listed 2024-05-30
$374,900
NorthstarMLS
Sold 2015-09-16
$242,000
NorthstarMLS
Sold 2015-06-22
$242,000
Public Record
Relisted 2015-05-08
$239,900
NorthstarMLS
Listing removed 2015-05-01
$239,900
NorthstarMLS
Listed 2015-04-24
$239,900
NorthstarMLS
Sold 2008-09-23
$172,900
Public Record

Net Operating Income: 29300.00
Operating Expense: 5500.00

Total Square Feet Living: 1648
Above Grade Finished Area: 1648
Foundation Area: 1052.00
Property Age: 124
Property Condition: Previously Owned
Roof: Age 8 Years or Less, Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 1642.00
Total Area Main: 942.00

Electric: 100 Amp Service
Sewer: City Sewer/Connected
Water Sewer Expense: 1155.00
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.