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$962,900   Price Analysis
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2434 Blaisdell Ave
Minneapolis, MN 55404
8 bed 8 bath 5,400 SqFt ($178/SqFt)
7,405SqFt lot. Built 2001
Listed 2024-05-03, Taxes $15,118
Ⓧ USDA Ineligible
due to price & location

near Minneapolis

Excellent owner occupy or investment property.

Well maintained and extraordinary rental history. Close to downtown, chain of lakes, Lyn/Lake, uptown and the bike trails on the midtown greenway. Walk score of 93, bike score of 96 and public transit close by. Built in 2001 as a 4 unit building. Separate gas and electric.

All have private entrances, forced air heating, central air, gas fireplaces and in unit washer/dryers. Main levels are open concept with hardwood and tile flooring. Dishwashrs and breakfast bar in kitchens. Each unit having 2 large bedrooms wit h walk in closets and full baths. Privacy fence in backyard and a 4 car garage. Pristine roof and gutters installed in May 2024.


Presented by Steve Nau at
Edina Realty, Inc. - 6800 France.
Listing Agent Photo

Property MLS #6505508 from NorthstarMLS

Bedrooms: 8

Basement Features: Concrete Block, Egress Windows, Finished (Livable)

Full Bathrooms: 8

Heating Features: Forced Air
Heating Fuel: Natural Gas

Stucco
Fencing: Partial, Privacy, Wood
Road Frontage Type: City, Curbs, Sidewalks
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Public Transit (w/in 6 blks)
Lot Size Acres: 0.17
Lot Size Dimensions: 44x165
Lot Size Square Feet: 7405

Garage Spaces: 4
Parking Features: Assigned, Detached Garage, Garage Door Opener

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 4200.00

Gross Income: 81960.00
Tenant Pays: Cable T.V., Electric, Fuel

Number of Units: 4

School District: 1 - Minneapolis

Whittier International is a public elementary school located approximately 0.3 miles away.
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Andersen Community is a public elementary and middle school located approximately 1.1 miles away.
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South Senior High School is a public high school located approximately 2 miles away.
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City of Lakes Waldorf School is a private elementary and middle school located approximately 0.1 miles away.
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Annual Tax Amount: 15484.00
Source Listing Status: Active
County: Hennepin
Directions: 24th Street to Blaisdell Ave S
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 9000.00
Manager Expense: 3000.00
Source Neighborhood: Whittier
Owner Pays: Insurance, Lawn, Maintenance/Repair, Sewer, Snow, Taxes, Trash, Water
Parcel Number: 3402924240031
Subdivision: J T Blaisdells Rev Add
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$742,900 + $147,100
$890,000
$15,118
2021$742,900 + $147,100
$890,000
$14,539
2020$700,400 + $147,100
$847,500
$14,980
2019$701,600 + $105,400
$807,000
$14,647
2018$608,600 + $105,400
$714,000
$13,092
2017$554,200 + $95,800
$650,000
$12,182
2016$470,900 + $96,100
$567,000
$10,964
2015$396,900 + $96,100
$493,000
$10,003
2014$410,800 + $82,200
$493,000
$10,767
2013$429,800 + $63,200
$493,000
$10,827
2012$484,800 + $63,200
$548,000
$11,712
2011$513,800 + $63,200
$577,000
$11,765
2010$577,800 + $63,200
$641,000
$11,407
2009$577,800 + $63,200
$641,000
$11,534
2008$577,800 + $63,200
$641,000
$10,419
2007$592,400 + $48,600
$641,000
$10,725

Listed 2024-05-03
$962,900
NorthstarMLS
Sold 2016-12-17
$785,000
NorthstarMLS
Relisted 2016-11-15
$799,900
NorthstarMLS
Listing removed 2016-11-04
$799,900
NorthstarMLS
Listed 2016-10-28
$799,900
NorthstarMLS
Sold 1999-12-23
$26,500
Public Record

Net Operating Income: 58810.00
Operating Expense: 23150.00

Total Square Feet Living: 5400
Above Grade Finished Area: 3600
BelowGradeFinishedArea: 1800
Construction Materials: Block, Frame
Foundation Area: 1800.00
Property Age: 23
Property Condition: Previously Owned
Roof: Age 8 Years or Less
Levels or Stories: 2
Total Above Grade Sqft Area: 3600.00
Total Area Main: 1800.00
Total Below Grade Area: 1800.00

Electric: Circuit Breakers
Electric Expense: 190.00
Sewer: City Sewer/Connected
Water Sewer Expense: 4260.00
Water Source: City Water/Connected
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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.