$1,200,000 Price Analysis    ♡   Minneapolis, MN 55414 10 bed 5 bath 4,803 SqFt ($249/SqFt) 6,534SqFt lot. Built 1900 Listed 2024-04-18, Taxes $10,412 | Ⓧ USDA Ineligible due to price & location near Minneapolis |
Exceptional triplex(plus)
In prospect prk. Fully leased property generates $115, 000 in gross annual rents. Enjoy prime riverfront living and views. located steps from the Mississippi River and conveniently located near U of M campus and Prospect Park neighborhood. Discover the nearby trails, restaurants and easy highway access, providing seamless connectivity to both St.
Paul and Minne apolis. All 4 units have been Remodeled in 2023-2024. 10 bedrooms and 4 bathrooms across four distinct units, this property offers the perfect blend of spaciousness and functionality. With its coveted location and abundant transportation options, this property stands out as a prime investment opportunity. Don't miss your chance to own a piece of history in one of Minneapolis' most sought-after neighborhoods.
Presented by Jeff Steeves at
Edina Realty, Inc. - Maple Grove.
Property MLS #6521551 from NorthstarMLS
Heating Features: Forced Air
Heating Fuel: Natural Gas
River View
Stucco
Fencing: Chain Link, Partial
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks
Road Responsibility: Public Maintained Road
Lot Description: Corner Lot, Irregular Lot, Public Transit (w/in 6 blks), Tree Coverage - Medium
Lot Size Acres: 0.15
Lot Size Dimensions: 59x116x68x91
Lot Size Square Feet: 6534
Parking Features: Detached Garage, Driveway - Concrete, Garage Door Opener
Garage Dimensions: 21 x 19
Garage Sqft: 400
Association Amenities: Patio, Porch
Calculated Total Monthly Association Fees: 0
Tenant Pays: Cable T.V., Electric, Fuel
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Hennepin
Directions: E Franklin Ave, Left on East River Parkway, Right on Huron Blvd SE
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 3000.00
Source Neighborhood: Prospect Park - East River Road
Owner Pays: Sewer, Taxes, Trash, Water
Parcel Number: 3002923340073
Subdivision: Manuels Sub
Trash Expense: 1200.00
Zoning: Residential-Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $598,000 + $107,000 $705,000 | $10,412 |
| 2021 | $596,700 + $108,300 $705,000 | $10,103 |
| 2020 | $605,800 + $72,200 $678,000 | $10,461 |
| 2019 | $544,300 + $72,200 $616,500 | $9,836 |
| 2018 | $483,300 + $72,200 $555,500 | $8,793 |
| 2017 | $397,400 + $65,600 $463,000 | $7,399 |
| 2016 | $366,900 + $65,600 $432,500 | $7,155 |
| 2015 | $366,900 + $65,600 $432,500 | $7,755 |
| 2014 | $unknown + $unknown $391,130 | $7,357 |
| 2013 | $unknown + $unknown $391,130 | $7,399 |
| 2012 | $unknown + $unknown $413,475 | $7,619 |
| 2011 | $318,400 + $117,100 $435,500 | $7,663 |
| 2010 | $318,400 + $117,100 $435,500 | $6,458 |
| 2009 | $338,200 + $109,500 $447,700 | $6,721 |
| 2008 | $290,500 + $98,800 $389,300 | $5,242 |
| 2007 | $265,900 + $72,700 $338,600 | $4,661 |
$1,200,000
NorthstarMLS
Sold 2022-11-21
$195,225
Public Record
Listed 2022-09-30
$759,000
NorthstarMLS
Operating Expense: 16750.00
Above Grade Finished Area: 3967
BelowGradeFinishedArea: 836
Foundation Area: 1571.00
Property Age: 124
Property Condition: Previously Owned
Roof: Architectural Shingle, Age 8 Years or Less, Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 3967.00
Total Area Main: 1804.00
Total Below Grade Area: 1571.00
Electric Expense: 1000.00
Sewer: City Sewer/Connected
Water Sewer Expense: 1200.00
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.