$535,000 Price Analysis    ♡   Minneapolis, MN 55404 5 bed 4 bath 2,561 SqFt ($208/SqFt) 5,663SqFt lot. Built 1885 Listed 2024-05-22, Taxes $5,266 | Ⓧ USDA Ineligible due to location near Minneapolis |
Fantastic 4-unit investment opportunity with tons of improvements throughout!
Updated electrical with separate meters, updated appliances, new carpet and refinished floors. Exterior work includes tree pruning, new front sidewlk and steps, vinyl siding replaced in 2019, chimneys tuck-pointed with new caps in 2022 and new back railings installed in 2023.
Convenient 4-spot parking lot was sealed in 2022. Desirable location close to downtown and the US Bank stadium, groceries and coffee, boutique shops and the light rail!
Presented by David Wells at
Coldwell Banker Realty.
Property MLS #6534543 from NorthstarMLS
Bedrooms: 5
Basement Features: Partial, Unfinished
Full Bathrooms: 4
Fuel Expense: 387.00
Heating Features: Baseboard, Ductless Mini-Split, Forced Air
Heating Fuel: Natural Gas
Heating Features: Baseboard, Ductless Mini-Split, Forced Air
Heating Fuel: Natural Gas
Vinyl
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks, Storm Sewer
Road Responsibility: Public Maintained Road
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks, Storm Sewer
Road Responsibility: Public Maintained Road
Land Lease Amount Frequency: No
Lot Size Acres: 0.13
Lot Size Dimensions: 40x144
Lot Size Square Feet: 5663
Lot Size Acres: 0.13
Lot Size Dimensions: 40x144
Lot Size Square Feet: 5663
Parking Features: Parking Lot, Uncovered/Open
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Gross Income: 46980.00
Tenant Pays: Broadband, Cable T.V., Electric, Gas
Tenant Pays: Broadband, Cable T.V., Electric, Gas
Number of Units: 4
School District: 1 - Minneapolis
Andersen Community is a public elementary and middle school located approximately 0.7 miles away.
Map directions
Map directionsSouth Senior High School is a public high school located approximately 1.3 miles away.
Map directions
Map directionsTrinity First Lutheran School is a private elementary and middle school located approximately 0.2 miles away.
Map directions
Map directionsAnnual Tax Amount: 5775.00
Source Listing Status: Active
County: Hennepin
Directions: Franklin Ave to 15th Ave. North on 15th Ave to property.
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 4380.00
Source Neighborhood: Ventura Village
Owner Pays: Electric, Insurance, Sewer, Taxes, Trash, Water
Parcel Number: 2602924430113
Subdivision: Cornells 3rd Add
Zoning: Residential-Multi-Family
Source System Name: C2C
Source Listing Status: Active
County: Hennepin
Directions: Franklin Ave to 15th Ave. North on 15th Ave to property.
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 4380.00
Source Neighborhood: Ventura Village
Owner Pays: Electric, Insurance, Sewer, Taxes, Trash, Water
Parcel Number: 2602924430113
Subdivision: Cornells 3rd Add
Zoning: Residential-Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $235,000 + $75,000 $310,000 | $5,266 |
| 2021 | $240,900 + $69,100 $310,000 | $5,064 |
| 2020 | $225,900 + $69,100 $295,000 | $5,237 |
| 2019 | $228,700 + $34,800 $263,500 | $4,806 |
| 2018 | $181,200 + $34,800 $216,000 | $3,985 |
| 2017 | $163,900 + $31,600 $195,500 | $3,690 |
| 2016 | $157,400 + $31,600 $189,000 | $3,861 |
| 2015 | $107,200 + $24,300 $131,500 | $2,879 |
| 2014 | $97,200 + $24,300 $121,500 | $2,869 |
| 2013 | $108,200 + $26,800 $135,000 | $4,206 |
| 2012 | $123,200 + $26,800 $150,000 | $4,015 |
| 2011 | $83,000 + $67,000 $150,000 | $3,570 |
| 2010 | $237,000 + $67,000 $304,000 | $7,260 |
| 2009 | $251,700 + $67,000 $318,700 | $6,116 |
| 2008 | $253,800 + $64,900 $318,700 | $5,490 |
| 2007 | $266,300 + $20,100 $286,400 | $5,388 |
Listed 2024-05-22
$535,000
NorthstarMLS
Listing removed 2021-03-18
$99,850
NorthstarMLS
Listing removed 2014-07-15
$319,000
NorthstarMLS
Listed 2014-06-27
$319,000
NorthstarMLS
Sold 2013-12-12
$115,000
NorthstarMLS
Price Changed 2013-10-11
$115,000
NorthstarMLS
Listing removed 2013-10-09
$134,900
Arrowhead
Relisted 2013-07-22
$134,900
NorthstarMLS
Listing removed 2013-06-25
$149,900
NorthstarMLS
Listed 2013-03-25
$134,900
Arrowhead
Listed 2013-03-25
$149,900
NorthstarMLS
Listing removed 2011-06-13
$99,850
NorthstarMLS
Listing removed 2011-06-13
$119,850
NorthstarMLS
Sold 2010-03-19
$85,000
Public Record
Sold 2010-03-05
$85,000
NorthstarMLS
Relisted 2010-02-06
$89,850
NorthstarMLS
Listing removed 2009-12-09
$89,850
NorthstarMLS
Price Changed 2009-12-03
$89,850
NorthstarMLS
Listed 2009-11-11
$94,850
NorthstarMLS
Price Changed 2009-08-22
$109,850
NorthstarMLS
Listed 2009-08-20
$119,850
NorthstarMLS
Price Changed 2009-08-14
$119,850
NorthstarMLS
Listed 2009-07-10
$139,850
NorthstarMLS
Sold 2007-09-24
$339,000
Public Record
Sold 2005-10-27
$320,000
Public Record
Sold 2003-12-16
$175,000
Public Record
$535,000
NorthstarMLS
Listing removed 2021-03-18
$99,850
NorthstarMLS
Listing removed 2014-07-15
$319,000
NorthstarMLS
Listed 2014-06-27
$319,000
NorthstarMLS
Sold 2013-12-12
$115,000
NorthstarMLS
Price Changed 2013-10-11
$115,000
NorthstarMLS
Listing removed 2013-10-09
$134,900
Arrowhead
Relisted 2013-07-22
$134,900
NorthstarMLS
Listing removed 2013-06-25
$149,900
NorthstarMLS
Listed 2013-03-25
$134,900
Arrowhead
Listed 2013-03-25
$149,900
NorthstarMLS
Listing removed 2011-06-13
$99,850
NorthstarMLS
Listing removed 2011-06-13
$119,850
NorthstarMLS
Sold 2010-03-19
$85,000
Public Record
Sold 2010-03-05
$85,000
NorthstarMLS
Relisted 2010-02-06
$89,850
NorthstarMLS
Listing removed 2009-12-09
$89,850
NorthstarMLS
Price Changed 2009-12-03
$89,850
NorthstarMLS
Listed 2009-11-11
$94,850
NorthstarMLS
Price Changed 2009-08-22
$109,850
NorthstarMLS
Listed 2009-08-20
$119,850
NorthstarMLS
Price Changed 2009-08-14
$119,850
NorthstarMLS
Listed 2009-07-10
$139,850
NorthstarMLS
Sold 2007-09-24
$339,000
Public Record
Sold 2005-10-27
$320,000
Public Record
Sold 2003-12-16
$175,000
Public Record
Operating Expense: 15425.00
Total Square Feet Living: 2561
Above Grade Finished Area: 2561
Foundation Area: 1275.00
Property Age: 139
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 2561.00
Total Area Main: 1221.00
Total Below Grade Area: 42.00
Above Grade Finished Area: 2561
Foundation Area: 1275.00
Property Age: 139
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 2561.00
Total Area Main: 1221.00
Total Below Grade Area: 42.00
Electric Expense: 591.00
Sewer: City Sewer/Connected
Water Sewer Expense: 3192.00
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Water Sewer Expense: 3192.00
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.