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$649,900   Price Analysis
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3625 Glendale Ter
Minneapolis, MN 55410
4 bed 4 bath 2,436 SqFt ($266/SqFt)
6,098SqFt lot. Built 1960
Listed 2024-04-04, Taxes $8,883
Ⓧ USDA Ineligible
due to location

near Minneapolis

Come see this extremely rare Linden Hills triplex!

* No Longer For Sale *
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This is the first triplex on the market in this sought after neighborhood since 2015. Excellent opportunity for an investor or an owner-occupant. Additionally, this lot has the potential to be developed into a full apartment building, as it is ZONED R5. You or your tenants will love being close to the lakes and parks, plus the charming coffee shops, restaurants and boutiques of Linden Hills.

This property has a 2 bed/2 bath unit (rent: $1550) with vaulted ceilings, a fireplace and new stainless steel appliances, a 1 bed/1 bat h unit (rent: $1095) with a fireplace, vaulted ceilings and a walk-in closet. The final unit is a vast 1 bed/1 bath unit (rent: $1095) with an attached garage stall. All units have separate washer/dryers. Rents are below market. Shwings will be Tuesdays 4-6pm and Saturdays 11-2pm.


Presented by Charlie Johnson at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #6401680 from NorthstarMLS

Bedrooms: 4

Basement Features: Crawl Space

Full Bathrooms: 4

Heating Features: Forced Air
Heating Fuel: Natural Gas

Aluminum Siding

Land Lease Amount Frequency: No
Lot Size Acres: 0.14
Lot Size Dimensions: 40x180
Lot Size Square Feet: 6098

Garage Spaces: 2
Parking Features: Attached Garage, Detached Garage, Multiple Garages
Garage Sqft: 572

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 44880.00

Number of Units: 3

School District: 1 - Minneapolis

Southwest Senior High School is a public high school located approximately 0.4 miles away.
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Lake Harriet Lower Elementary School is a public elementary school located approximately 0.4 miles away.
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Lake Harriet Upper School is a public elementary and middle school located approximately 0.8 miles away.
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Golden Years Montessori is a private elementary school located approximately 0.4 miles away.
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Annual Tax Amount: 8884.00
Source Listing Status: Closed
County: Hennepin
Directions: France Ave, East on 44th to Chowen, North on Chowen to Glendale (on corner)
Tax Year: 2022
Source Property Type: Multi-Family
Insurance Expense: 5000.00
Source Neighborhood: Linden Hills
Parcel Number: 0802824320165
Subdivision: Waveland Park
Trash Expense: 1500.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$219,000 + $304,000
$523,000
$8,883
2021$202,900 + $320,100
$523,000
$8,554
2020$256,900 + $232,100
$489,000
$7,091
2019$212,400 + $232,100
$444,500
$6,638
2018$unknown + $unknown
$399,305
$6,002
2017$unknown + $unknown
$370,965
$5,717
2016$unknown + $unknown
$351,345
$5,590
2015$unknown + $unknown
$327,910
$5,671
2014$unknown + $unknown
$280,495
$5,036
2013$unknown + $unknown
$265,235
$4,786
2012$141,500 + $146,500
$288,000
$6,130
2011$173,500 + $146,500
$320,000
$6,497
2010$187,000 + $146,500
$333,500
$5,918
2009$187,000 + $146,500
$333,500
$5,976
2008$204,500 + $146,500
$351,000
$5,681
2007$272,700 + $110,800
$383,500
$6,368

Sold 2024-05-22
$645,000
NorthstarMLS
Relisted 2024-05-06
$649,900
NorthstarMLS
Listing removed 2024-04-26
$0
NorthstarMLS
Listed 2024-04-04
$649,900
NorthstarMLS
Sold 2012-09-17
$309,800
NorthstarMLS
Listing removed 2012-07-30
$329,900
Mankato
Listed 2012-07-11
$329,900
Mankato
Listed 2012-07-11
$329,900
NorthstarMLS
Listing removed 2011-11-12
$329,900
NorthstarMLS
Price Changed 2011-08-04
$329,900
NorthstarMLS
Listing removed 2011-06-13
$399,900
NorthstarMLS
Listing removed 2011-06-13
$369,900
NorthstarMLS
Listed 2011-05-18
$349,900
NorthstarMLS
Price Changed 2010-06-19
$369,900
NorthstarMLS
Listed 2010-03-12
$395,000
NorthstarMLS
Price Changed 2009-09-12
$399,900
NorthstarMLS
Listed 2009-06-26
$429,900
NorthstarMLS
Sold 2004-10-22
$389,900
Public Record
Sold 2001-01-26
$260,000
Public Record
Sold 1991-10-25
$142,000
Public Record

Net Operating Income: 36880.00
Operating Expense: 3000.00

Total Square Feet Living: 2436
Above Grade Finished Area: 2436
Foundation Area: 1688.00
Property Age: 64
Property Condition: Previously Owned
Levels or Stories: 1
Total Above Grade Sqft Area: 2436.00
Total Area Main: 2688.00

Sewer: City Sewer/Connected
Water Sewer Expense: 1500.00
Water Source: City Water/Connected

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.