$589,000 Price Analysis    ♡   Minneapolis, MN 55417 3 bed 3 bath 2,464 SqFt ($239/SqFt) 4,792SqFt lot. Built 1952 Listed 2024-05-08, Taxes $5,346 | Ⓧ USDA Ineligible due to location near Minneapolis |
Fantastic triplex in a premium location.
* Has Contingent Offer *Blocks from Lake Nokomis, Triangle Park and some of the area's best restaurants, coffee shops, breweries and more. Each unit is 1 bedroom, 1 bathroom and open concept kitchen/dining with separate furnaces and utilitis. Two car garage, shared laundry and storage units in the basement. Strong rents and extremely low vacancy due to high demand location. Great long term investment in a strong location!
Two units fully rented, one vacant. Exce llent opportunity to live in one unit and have the other two pay down a huge part of your mortgage.
Presented by Tim Devane at
Rize Realty.
Property MLS #6526481 from NorthstarMLS
Heating Fuel: Natural Gas
Fencing: Partial
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks
Lot Description: Public Transit (w/in 6 blks), Tree Coverage - Medium
Lot Size Acres: 0.11
Lot Size Dimensions: 40x123
Lot Size Square Feet: 4792
Parking Features: Detached Garage, Driveway - Concrete, Garage Door Opener, Units Vary
Association Amenities: Coin-op Laundry Owned, Common Garden, Concrete Floors & Walls
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsSource Listing Status: Active Under Contract
County: Hennepin
Directions: 50th & Minnehaha Pkwy to Bloomington, South to home
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: Hale
Owner Pays: Sewer, Trash, Water
Parcel Number: 1402824430009
Subdivision: Thorpe Bros 09th Add
Zoning: Residential-Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $380,230 | $5,346 |
| 2021 | $unknown + $unknown $379,685 | $5,165 |
| 2020 | $unknown + $unknown $345,350 | $5,098 |
| 2019 | $unknown + $unknown $310,470 | $4,737 |
| 2018 | $226,300 + $61,200 $287,500 | $5,358 |
| 2017 | $201,400 + $55,600 $257,000 | $4,816 |
| 2016 | $167,900 + $55,600 $223,500 | $4,316 |
| 2015 | $138,900 + $55,600 $194,500 | $3,936 |
| 2014 | $124,000 + $53,000 $177,000 | $4,037 |
| 2013 | $118,600 + $61,900 $180,500 | $4,140 |
| 2012 | $135,100 + $61,900 $197,000 | $4,390 |
| 2011 | $129,800 + $74,200 $204,000 | $4,344 |
| 2010 | $165,800 + $74,200 $240,000 | $4,467 |
| 2009 | $192,500 + $74,200 $266,700 | $4,779 |
| 2008 | $209,300 + $74,200 $283,500 | $4,588 |
| 2007 | $213,100 + $49,600 $262,700 | $4,362 |
$589,000
NorthstarMLS
Listing removed 2021-03-18
$349,900
NorthstarMLS
Sold 2017-04-04
$338,000
Public Record
Listing removed 2015-03-30
$349,900
NorthstarMLS
Listed 2015-01-16
$349,900
NorthstarMLS
Sold 2006-09-12
$352,000
Public Record
Sold 1993-01-06
$92,000
Public Record
Above Grade Finished Area: 1232
BelowGradeFinishedArea: 1232
Foundation Area: 1232.00
Property Age: 72
Property Condition: Previously Owned
Roof: Asphalt Shingles, Pitched
Levels or Stories: 2
Total Above Grade Sqft Area: 1232.00
Total Area Main: 1232.00
Total Below Grade Area: 1232.00
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.