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$550,000   Price Analysis
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3118 Pleasant Ave
Minneapolis, MN 55408
5 bed 3 bath 2,615 SqFt ($210/SqFt)
5,663SqFt lot. Built 1886
Listed 2024-04-17, Taxes $7,099
Ⓧ USDA Ineligible
due to location

near Minneapolis

Welcome to 3118 Pleasant Avenue!

A fully-occupied and legal triplex in the Lyndale neighborhood of S. MPLS. The unit breakdown is as such: (1) 1 BR/1 BA at $1, 225/month, (2) 1 BR/1 BA at $1, 249/month, (3) 3 BR/1 BA at $2, 000/month.

Potential to owner occupy one or more of the above units. Please b sure to check out the virtual tours we have of all the units!


Presented by Paul Begich at
DRG.


Property MLS #6521010 from NorthstarMLS

Bedrooms: 5

Basement Features: Concrete Block, Full, Stone, Unfinished

Full Bathrooms: 3

Heating Features: Radiant
Heating Fuel: Natural Gas

Shakes
Fencing: Chain Link, Full
Road Frontage Type: City

Land Lease Amount Frequency: No
Lot Description: Tree Coverage - Medium
Lot Size Acres: 0.13
Lot Size Dimensions: 45X124
Lot Size Square Feet: 5663

Garage Spaces: 2
Parking Features: Detached Garage

Association: No
Association Amenities: Coin-op Laundry Owned
Calculated Total Monthly Association Fees: 0

Gross Income: 24000.00
Tenant Pays: Cable T.V., Electric

Number of Units: 3

School District: 1 - Minneapolis

Lyndale Elementary School is a public elementary school located approximately 0.3 miles away.
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Washburn Senior High School is a public high school located approximately 2.2 miles away.
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Justice Page Middle School is a public middle school located approximately 2.3 miles away.
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Cristo Rey Jesuit High School Twin Cities is a private high school located approximately 0.7 miles away.
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Annual Tax Amount: 6689.28
Source Listing Status: Active
County: Hennepin
Directions: East on 31st Street, Right on Pleasant
Tax Year: 2024
Source Property Type: Multi-Family
Source Neighborhood: Lyndale
Owner Pays: Fuel, Insurance, Lawn, Maintenance/Repair, Snow, Taxes, Trash, Water/Sewer
Parcel Number: 0302824220184
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$300,000 + $118,000
$418,000
$7,099
2021$322,300 + $95,700
$418,000
$6,836
2020$354,200 + $63,800
$418,000
$7,392
2019$331,800 + $48,200
$380,000
$6,900
2018$294,300 + $48,200
$342,500
$6,281
2017$254,200 + $43,800
$298,000
$5,583
2016$231,700 + $43,800
$275,500
$5,320
2015$200,700 + $43,800
$244,500
$4,948
2014$193,800 + $33,700
$227,500
$4,952
2013$201,600 + $25,900
$227,500
$4,979
2012$201,600 + $25,900
$227,500
$4,842
2011$219,600 + $25,900
$245,500
$5,176
2010$219,600 + $25,900
$245,500
$4,357
2009$245,100 + $25,900
$271,000
$4,856
2008$232,800 + $23,100
$255,900
$4,141
2007$208,000 + $14,600
$222,600
$4,176

Listed 2024-04-17
$550,000
NorthstarMLS
Sold 2018-10-12
$340,000
NorthstarMLS
Sold 2018-09-14
$340,000
GreaterLakes
Listed 2018-08-13
$340,000
NorthstarMLS
Sold 2004-01-12
$262,500
Public Record
Sold 1996-03-13
$22,000
Public Record

Total Square Feet Living: 2615
Above Grade Finished Area: 2615
Foundation Area: 1300.00
Property Age: 138
Property Condition: Previously Owned
Roof: Age Over 8 Years, Asphalt Shingles
Levels or Stories: 2

Sewer: City Sewer/Connected
Water Source: City Water/Connected
Click Thumbnail Images To View Full Size
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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.