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$450,000   Price Analysis
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2943 Grand St NE
Minneapolis, MN 55418
6 bed 2 bath 2,904 SqFt ($154/SqFt)
5,227SqFt lot. Built 1900
Listed 2024-05-08, Taxes $5,123
Ⓧ USDA Ineligible
due to location

near Minneapolis

Xoxo - Welcome Home!

This is an incredible opportunity for someone looking to invest in Real Estate. The fact that the upper unit is owner occupied adds a personal touch and flexibility for the new owner. With all-new appliances, flooring and paint, both units are move-in ready. Making it attractive for potential tenants or short-term renters! The lower unit's setup s an AirBnb and furnished listing.

Complete with furnishings, security systems and established accounts, provides immediate income potential without the need for additional setup on marketing efforts. It is rare to find a property that's already set up for short-term rentals like this one. Don't Miss out!


Presented by Obehi C Ogharibhor at
Keller Williams Realty Integrity Lakes.


Property MLS #6525891 from NorthstarMLS

Bedrooms: 6

Basement Features: Unfinished

Full Bathrooms: 2

Fuel Expense: 2040.00
Heating Features: Forced Air
Heating Fuel: Natural Gas

Vinyl
Road Frontage Type: City, Paved Streets

Land Lease Amount Frequency: No
Lot Size Acres: 0.12
Lot Size Dimensions: 133x40
Lot Size Square Feet: 5227

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 600.00

Gross Income: 19200.00
Tenant Pays: Electric

Number of Units: 2

School District: 1 - Minneapolis

Edison Senior High School is a public high school located approximately 1.2 miles away.
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Northeast Middle School is a public middle school located approximately 1.8 miles away.
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Pillsbury Elementary School is a public elementary school located approximately 1.9 miles away.
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Pope John Paul II Catholic School is a private elementary and middle school located approximately 1.2 miles away.
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Annual Tax Amount: 4599.77
Source Listing Status: Active
County: Hennepin
Directions: S on Hwy 47, W onto St. Anthony Pkwy, S onto California St NE, W onto 30th Ave NE, S onto Grand St Ne.
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 3060.00
Manager Expense: 1440.00
Source Neighborhood: Marshall Terrace
Parcel Number: 0302924440151
Subdivision: Northtown Add
Trash Expense: 900.00
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$224,000 + $64,000
$288,000
$5,123
2021$246,300 + $41,700
$288,000
$4,945
2020$218,200 + $27,800
$246,000
$4,598
2019$195,700 + $27,800
$223,500
$4,056
2018$173,700 + $27,800
$201,500
$3,695
2017$156,200 + $25,300
$181,500
$3,402
2016$144,700 + $25,300
$170,000
$3,287
2015$116,200 + $25,300
$141,500
$2,871
2014$97,700 + $25,300
$123,000
$2,687
2013$91,000 + $32,000
$123,000
$2,702
2012$91,000 + $32,000
$123,000
$2,795
2011$96,000 + $40,000
$136,000
$2,772
2010$130,000 + $40,000
$170,000
$3,025
2009$160,600 + $62,400
$223,000
$4,013
2008$140,800 + $54,700
$195,500
$3,177
2007$133,400 + $36,600
$170,000
$2,102

Price Changed 2024-06-05
$450,000
NorthstarMLS
Price Changed 2024-05-13
$470,000
NorthstarMLS
Listed 2024-05-08
$550,000
NorthstarMLS
Sold 2023-04-28
$391,900
NorthstarMLS
Relisted 2023-04-03
$379,900
NorthstarMLS
Listing removed 2023-03-29
$0
NorthstarMLS
Listed 2023-03-01
$379,900
NorthstarMLS
Listing removed 2022-12-22
$0
NorthstarMLS
Relisted 2022-11-22
$374,900
NorthstarMLS
Listing removed 2022-11-15
$0
NorthstarMLS
Listed 2022-10-21
$399,900
NorthstarMLS
Listing removed 2019-03-07
$0
RentFeeder
Listed for rent 2019-02-21
$1,200
RentFeeder
Listing removed 2019-02-06
$264,900
NorthstarMLS
Listing removed 2017-09-07
$264,900
NorthstarMLS
Price Changed 2017-07-07
$264,900
NorthstarMLS
Relisted 2017-06-09
$267,900
NorthstarMLS
Listing removed 2017-05-23
$262,000
NorthstarMLS
Price Changed 2017-05-21
$262,000
NorthstarMLS
Listed 2017-03-26
$267,900
NorthstarMLS
Listing removed 2016-12-12
$264,900
NorthstarMLS
Price Changed 2016-12-07
$264,900
NorthstarMLS
Price Changed 2016-11-15
$249,000
NorthstarMLS
Price Changed 2016-09-23
$252,900
NorthstarMLS
Price Changed 2016-08-30
$257,900
NorthstarMLS
Price Changed 2016-08-23
$262,900
NorthstarMLS
Listed 2016-08-12
$264,900
NorthstarMLS
Sold 2006-12-05
$205,000
Public Record
Sold 1999-12-02
$70,000
Public Record

Operating Expense: 13424.00

Total Square Feet Living: 2904
Above Grade Finished Area: 2059
BelowGradeFinishedArea: 845
Foundation Area: 845.00
Property Age: 124
Property Condition: Previously Owned
Levels or Stories: 2
Total Above Grade Sqft Area: 2059.00
Total Area Main: 845.00
Total Below Grade Area: 845.00

Electric Expense: 1700.00
Sewer: City Sewer/Connected
Water Sewer Expense: 1524.00
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.