$225,000 Price Analysis    ♡   Minneapolis, MN 55411 3 bed 2 bath 1,231 SqFt ($182/SqFt) 5,663SqFt lot. Built 1900 Listed 2024-05-01, Taxes $2,085 | Ⓧ USDA Ineligible due to location near Minneapolis |
TURN-KEY INCOME PROPERTY ON A HUGE LOT IN JORDAN!
This property sets on a fully fenced double-wide lot. $30, 000 gross annual income. The upper level 1-bedroom is tenant-occupied on a 1-year lease @ $1175/month.
The 2-bedroom unit is vacant, so this home is available for owner-occupant buyers. Pay the majrity of your mortgage with rental income!
Presented by Trevor Howat at
Exp Realty.
Property MLS #6528507 from NorthstarMLS
Bedrooms: 3
Basement Features: Full, Unfinished
Full Bathrooms: 2
Heating Features: Baseboard, Forced Air
Heating Fuel: Electric, Natural Gas
Heating Fuel: Electric, Natural Gas
Fencing: Chain Link, Full
Land Lease Amount Frequency: No
Lot Description: Corner Lot
Lot Size Acres: 0.13
Lot Size Dimensions: 63x91
Lot Size Square Feet: 5663
Lot Description: Corner Lot
Lot Size Acres: 0.13
Lot Size Dimensions: 63x91
Lot Size Square Feet: 5663
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Gross Income: 30300.00
Tenant Pays: Cable T.V., Electric, Gas, Heat
Tenant Pays: Cable T.V., Electric, Gas, Heat
Number of Units: 2
School District: 1 - Minneapolis
Hmong International Academy is a public elementary and middle school located approximately 0.5 miles away.
Map directions
Map directionsHenry Senior High School is a public high school located approximately 2 miles away.
Map directions
Map directionsPyc Alternative Schools is a private middle school located approximately 0.3 miles away.
Map directions
Map directionsAnnual Tax Amount: 2310.00
Source Listing Status: Active
County: Hennepin
Directions: SW Corner of N 26th Ave and Newton.
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 1800.00
Source Neighborhood: Jordan
Owner Pays: Sewer, Taxes, Trash, Water
Parcel Number: 1602924220200
Subdivision: Forest Heights
Zoning: Residential-Multi-Family
Source System Name: C2C
Source Listing Status: Active
County: Hennepin
Directions: SW Corner of N 26th Ave and Newton.
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 1800.00
Source Neighborhood: Jordan
Owner Pays: Sewer, Taxes, Trash, Water
Parcel Number: 1602924220200
Subdivision: Forest Heights
Zoning: Residential-Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $97,000 + $10,000 $107,000 | $2,085 |
| 2021 | $80,300 + $8,700 $89,000 | $2,933 |
| 2020 | $68,200 + $5,800 $74,000 | $1,756 |
| 2019 | $58,700 + $5,800 $64,500 | $1,460 |
| 2018 | $48,200 + $5,800 $54,000 | $1,287 |
| 2017 | $41,700 + $5,300 $47,000 | $8,428 |
| 2016 | $45,700 + $5,300 $51,000 | $1,144 |
| 2015 | $39,200 + $5,300 $44,500 | $1,315 |
| 2014 | $33,600 + $6,900 $40,500 | $875 |
| 2013 | $33,600 + $6,900 $40,500 | $880 |
| 2012 | $33,600 + $6,900 $40,500 | $855 |
| 2011 | $28,400 + $12,100 $40,500 | $816 |
| 2010 | $20,800 + $24,200 $45,000 | $794 |
| 2009 | $61,600 + $24,200 $85,800 | $10,207 |
| 2008 | $84,400 + $19,000 $103,400 | $6,850 |
| 2007 | $73,000 + $16,400 $89,400 | $1,473 |
Listed 2024-05-01
$225,000
NorthstarMLS
Sold 2017-04-15
$85,000
NorthstarMLS
Price Changed 2017-02-20
$99,900
NorthstarMLS
Listed 2017-02-03
$119,900
NorthstarMLS
Sold 2008-06-03
$24,000
Public Record
Sold 2006-02-02
$172,000
Public Record
Sold 2005-11-29
$120,000
Public Record
Sold 2005-10-12
$65,000
Public Record
$225,000
NorthstarMLS
Sold 2017-04-15
$85,000
NorthstarMLS
Price Changed 2017-02-20
$99,900
NorthstarMLS
Listed 2017-02-03
$119,900
NorthstarMLS
Sold 2008-06-03
$24,000
Public Record
Sold 2006-02-02
$172,000
Public Record
Sold 2005-11-29
$120,000
Public Record
Sold 2005-10-12
$65,000
Public Record
Operating Expense: 6770.00
Total Square Feet Living: 1231
Above Grade Finished Area: 1231
Foundation Area: 705.00
Property Age: 124
Property Condition: Previously Owned
Roof: Pitched
Levels or Stories: 2
Total Above Grade Sqft Area: 1231.00
Total Area Main: 705.00
Total Below Grade Area: 705.00
Above Grade Finished Area: 1231
Foundation Area: 705.00
Property Age: 124
Property Condition: Previously Owned
Roof: Pitched
Levels or Stories: 2
Total Above Grade Sqft Area: 1231.00
Total Area Main: 705.00
Total Below Grade Area: 705.00
Sewer: City Sewer/Connected
Water Sewer Expense: 2400.00
Water Source: City Water/Connected
Water Sewer Expense: 2400.00
Water Source: City Water/Connected
Click Thumbnail Images To View Full Size
 |  |  |  |  |
 |  |  |  |  |
 | ||||
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.