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$1,100,000   Price Analysis
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2440 Blaisdell Ave
Minneapolis, MN 55404
11 bed 5 bath 6,312 SqFt ($174/SqFt)
9,148SqFt lot. Built 1921
Listed 2024-05-17, Taxes $9,002
Ⓧ USDA Ineligible
due to price & location

near Minneapolis

Wonderful investment opportunity!

Up/down duplex building. This property generates fantastic income with combination of long and short term rental. Lots of light and large spaces/sunrooms and lots of windows. This entire property has been well maintained and updated. It's ext ra clean and really shws the current owners care. Very clean & dry with LOADS of storage space. Anderson windows throughout entire bldg. Bathrooms & kitchens were also recently updated. Plus 4 car garage. Great location in Whittier neighborhood that's a block to Nicollet Ave & all the popular Eat Street restaurants & a couple more blocks to the Institute of Arts. LOCATION!

Move right in & you'll be glad you own this solid, low maintenance investment into the future.


Presented by Shelly Kilibarda at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #6538341 from NorthstarMLS

Bedrooms: 11

Basement Features: Concrete Block, Finished (Livable), Full

Full Bathrooms: 5

Heating Features: Boiler, Hot Water
Heating Fuel: Natural Gas

Brick/Stone
Stucco
Fencing: Privacy, Wood
Road Frontage Type: City

Land Lease Amount Frequency: No
Lot Size Acres: 0.21
Lot Size Dimensions: 55x165
Lot Size Square Feet: 9148

Garage Spaces: 4
Parking Features: Detached Garage
Garage Dimensions: 37 x 22
Garage Sqft: 814

Association: No
Association Amenities: Patio, Porch
Calculated Total Monthly Association Fees: 0

Gross Income: 152000.00

Number of Units: 2

School District: 1 - Minneapolis

Whittier International is a public elementary school located approximately 0.3 miles away.
directions icon Map directions

Andersen Community is a public elementary and middle school located approximately 1.1 miles away.
directions icon Map directions

South Senior High School is a public high school located approximately 2 miles away.
directions icon Map directions

City of Lakes Waldorf School is a private elementary and middle school located approximately 0.1 miles away.
directions icon Map directions

Annual Tax Amount: 10932.40
Source Listing Status: Active
County: Hennepin
Directions: Franklin Ave (1 block west of Nicollet Ave) to Blaisdell Ave (south) to property
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: Whittier
Parcel Number: 3402924240032
Subdivision: J T Blaisdells Rev Add
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$496,000 + $126,000
$622,000
$9,002
2021$476,500 + $130,500
$607,000
$8,436
2020$520,000 + $87,000
$607,000
$9,138
2019$491,000 + $87,000
$578,000
$8,880
2018$415,500 + $87,000
$502,500
$7,557
2017$412,900 + $79,100
$492,000
$7,575
2016$389,400 + $79,100
$468,500
$7,594
2015$unknown + $unknown
$388,405
$6,636
2014$unknown + $unknown
$336,630
$6,196
2013$unknown + $unknown
$336,630
$6,226
2012$unknown + $unknown
$336,630
$6,075
2011$315,700 + $72,800
$388,500
$6,480
2010$315,700 + $72,800
$388,500
$5,652
2009$315,700 + $72,800
$388,500
$5,723
2008$346,700 + $72,800
$419,500
$5,562
2007$360,800 + $55,600
$416,400
$5,686

Listing removed 2024-05-18
$0
NorthstarMLS
Listed 2024-05-17
$1,100,000
NorthstarMLS
Price Changed 2024-03-07
$899,000
NorthstarMLS
Listing removed 2024-03-06
$0
NorthstarMLS
Listed 2024-03-05
$999,000
NorthstarMLS
Price Changed 2024-02-16
$925,000
NorthstarMLS
Listing removed 2024-02-09
$0
NorthstarMLS
Listed 2024-02-08
$999,000
NorthstarMLS
Price Changed 2024-01-09
$949,000
NorthstarMLS
Listing removed 2023-12-14
$0
NorthstarMLS
Listed 2023-12-13
$999,000
NorthstarMLS
Listed 2023-06-20
$999,000
NorthstarMLS
Sold 2021-05-14
$720,000
NorthstarMLS
Relisted 2021-02-23
$795,000
NorthstarMLS
Listing removed 2021-02-22
$795,000
NorthstarMLS
Listing removed 2021-02-10
$795,000
NorthstarMLS
Listing removed 2021-02-06
$795,000
NorthstarMLS
Relisted 2021-01-26
$795,000
NorthstarMLS
Listing removed 2021-01-25
$0
RentFeeder
Listing removed 2020-12-20
$795,000
NorthstarMLS
Price Changed for rent 2020-10-29
$1,995
RentFeeder
Listed 2020-10-20
$795,000
NorthstarMLS
Price Changed for rent 2020-09-04
$2,195
RentFeeder
Listed for rent 2020-08-13
$2,395
RentFeeder
Listing removed 2020-08-05
$0
RentFeeder
Listed for rent 2020-07-06
$2,395
RentFeeder
Sold 1994-04-19
$184,500
Public Record
Sold 1983-11-01
$160,000
Public Record

Net Operating Income: 74000.00
Operating Expense: 76800.00

Total Square Feet Living: 6312
Above Grade Finished Area: 4610
BelowGradeFinishedArea: 1702
Foundation Area: 2028.00
Property Age: 103
Property Condition: Previously Owned
Levels or Stories: 2
Total Above Grade Sqft Area: 4610.00
Total Area Main: 2028.00
Total Below Grade Area: 2028.00

Sewer: City Sewer/Connected
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.