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$290,000   Price Analysis
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3604 Stevens Ave S
Minneapolis, MN 55409
3 bed 2 bath 2,054 SqFt ($141/SqFt)
6,534SqFt lot. Built 1900
Listed 2024-07-06, Taxes $4,468
Ⓧ USDA Ineligible
due to location

near Minneapolis

Great investment or owner-occupied opportunity with strong cash flow!

Convenient location to dining, shopping, parks, etc. Lots of recent improvements: two water heaters (2024), Exterior siding repair and entire duplex, garage and side porch painted (2023), new back steps (2023), new carpeting upper bedroom one(2023), upper unit painted (2023), duplex roof (2022) (note: extra shingles in garage for future replacement of garage shingles), main floor unit painted (2022), new kitchen floor main unit (2022), new frig main floor unit (2022) and attic insulated (2020).

Previous owner updates include: 1st floor furnace (2010) and 2nd floor furnace (2000). Large backyard is mostly fenced. Two-car garage for extra storage and tenants park on driv eway in front of garage. Lots of on-street parking in front and on 36th St. Upper unit furnace is in attic (door is unlocked but do not go pst the top of stairs (no flooring over insulation).


Presented by Kimberly Hoelke at
Bridge Realty, Llc.
Listing Agent Photo

Property MLS #6564743 from NorthstarMLS

Bedrooms: 3

Basement Features: Crawl Space, Partial, Unfinished

Full Bathrooms: 2

Heating Features: Forced Air
Heating Fuel: Natural Gas

Wood
Fencing: Chain Link, Partial
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Public Transit (w/in 6 blks), Tree Coverage - Medium
Lot Size Acres: 0.15
Lot Size Dimensions: 50x131
Lot Size Square Feet: 6534

Garage Spaces: 1
Parking Features: Detached Garage, Driveway - Gravel, Electric, Garage Door Opener
Garage Sqft: 480

Association: No
Association Amenities: Porch
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 1200.00

Gross Income: 29340.00
Tenant Pays: Cable T.V., Fuel

Number of Units: 2

School District: 1 - Minneapolis

Barton Open Elementary School is a public elementary and middle school located approximately 1.1 miles away.
directions icon Map directions

Washburn Senior High School is a public high school located approximately 1.7 miles away.
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Pilgrim Lutheran School is a private elementary and middle school located approximately 0.4 miles away.
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Annual Tax Amount: 4687.26
Source Listing Status: Active
County: Hennepin
Directions: From North: 35W to 35th/36th St exit (which becomes Stevens). South to home on right. From South: 35W to 35th/36th St exit. North to 35th. West to Stevens. South to home on right.
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 2153.00
Source Neighborhood: King Field
Owner Pays: Insurance, Lawn, Maintenance/Repair, Sewer, Snow, Taxes, Trash, Water
Parcel Number: 0302824430037
Subdivision: Dunsmoors Rgt Of 2nd Nic Ave A
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$198,000 + $65,000
$263,000
$4,468
2021$189,300 + $52,200
$241,500
$3,945
2020$186,700 + $34,800
$221,500
$3,915
2019$170,200 + $34,800
$205,000
$3,721
2018$148,200 + $34,800
$183,000
$3,356
2017$142,900 + $31,600
$174,500
$4,018
2016$142,900 + $31,600
$174,500
$4,157
2015$115,900 + $31,600
$147,500
$3,812
2014$107,400 + $29,600
$137,000
$3,847
2013$105,100 + $25,900
$131,000
$3,767
2012$108,100 + $25,900
$134,000
$2,863
2011$115,100 + $25,900
$141,000
$2,875
2010$126,600 + $25,900
$152,500
$2,713
2009$143,600 + $25,900
$169,500
$3,050
2008$162,600 + $24,700
$187,300
$3,043
2007$146,400 + $16,500
$162,900
$2,725

Listed 2024-07-06
$290,000
NorthstarMLS
Listing removed 2023-11-07
$0
NorthstarMLS
Listed 2023-09-25
$290,000
NorthstarMLS
Listing removed 2022-04-25
$0
TurboTenant
Listed for rent 2022-04-11
$1,100
TurboTenant
Listing removed 2020-12-17
$0
AppfolioUnits
Listed for rent 2020-12-14
$1,200
AppfolioUnits
Sold 2019-07-08
$272,775
NorthstarMLS
Sold 2012-03-19
$66,139
Public Record
Sold 2005-06-24
$167,000
Public Record

Operating Expense: 6303.00

Total Square Feet Living: 2054
Above Grade Finished Area: 2054
Construction Materials: Frame
Foundation Area: 1150.00
Property Age: 124
Property Condition: Previously Owned
Roof: Age 8 Years or Less, Asphalt Shingles, Pitched
Levels or Stories: 2
Total Above Grade Sqft Area: 2054.00
Total Area Main: 1150.00

Electric: Circuit Breakers
Sewer: City Sewer/Connected
Water Sewer Expense: 2350.00
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.