Please stand by!
USDAProperties.com is making sense of this chaotic market...

 

 

 

$649,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
15 Malcolm Ave SE
Minneapolis, MN 55414
6 bed 4 bath 3,850 SqFt ($168/SqFt)
6,534SqFt lot. Built 1962
Listed 2024-03-13, Taxes $9,079
Ⓧ USDA Ineligible
due to location

near Minneapolis

Well maintained 4 plex in unbeatable location.

* No Longer For Sale *
Your browser will attempt to redirect you to the city level in a few seconds.

Walking distance to U of M Football Stadium, Campus, Surly Brewing, The Market at Malcolm Yards, Fresh Thyme Market and many more restaurants, bars and fun things to do in the area. You will never have a problem renting these units. All units are currently leased. All tenants would li ke to stay. 3 units signed year leases into 2025 and 1 was left month to month for potential owner occupant but she would like to stay and sign a year lease as well.

In 2023, 3 of the units were updated with dishwashers, many new kitchen appliances, entire units freshly painted (including common areas), new carpet, light fixtures, bath fans, toilets, AC units and more. Exterior Blink Security cameras can b transferred with the property as well. Don't miss this excellent opportunity!


Presented by Jonathan Wolf at
EXP Realty .
Listing Agent Photo

Property MLS #6502453 from NorthstarMLS

Bedrooms: 6

Basement Features: Concrete Block, Crawl Space, Daylight/Lookout Windows, Egress Windows, Full

Full Bathrooms: 4

Heating Features: Boiler
Heating Fuel: Natural Gas

Brick/Stone

Land Lease Amount Frequency: No
Lot Size Acres: 0.15
Lot Size Dimensions: 48X121
Lot Size Square Feet: 6534

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 60000.00

Number of Units: 4

School District: 1 - Minneapolis

Pratt Elementary School is a public elementary school located approximately 0.2 miles away.
directions icon Map directions

Edison Senior High School is a public high school located approximately 3.3 miles away.
directions icon Map directions

Northeast Middle School is a public middle school located approximately 3.7 miles away.
directions icon Map directions

Second Foundation School is a private elementary, middle and high school located approximately 1.5 miles away.
directions icon Map directions

Annual Tax Amount: 9428.00
Source Listing Status: Closed
County: Hennepin
Directions: UNIVERSITY TO MALCOM E TO HOME
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: Prospect Park - East River Road
Parcel Number: 3002923140031
Subdivision: Eustis Park
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$420,900 + $113,600
$534,500
$9,079
2021$458,800 + $75,700
$534,500
$8,731
2020$433,300 + $75,700
$509,000
$8,997
2019$367,400 + $64,100
$431,500
$7,832
2018$346,900 + $64,100
$411,000
$7,537
2017$308,700 + $58,300
$367,000
$6,879
2016$308,700 + $58,300
$367,000
$7,097
2015$276,200 + $58,300
$334,500
$6,786
2014$269,800 + $64,700
$334,500
$7,304
2013$253,800 + $64,700
$318,500
$7,223
2012$253,800 + $64,700
$318,500
$7,046
2011$253,800 + $64,700
$318,500
$6,744
2010$270,800 + $64,700
$335,500
$6,232
2009$270,800 + $64,700
$335,500
$6,310
2008$270,800 + $64,700
$335,500
$5,738
2007$279,700 + $55,800
$335,500
$5,909

Sold 2024-04-30
$649,000
NorthstarMLS
Listed 2024-03-13
$649,000
NorthstarMLS
Sold 2023-04-24
$383,000
Public Record
Sold 1993-08-06
$77,500
Public Record
Sold 1989-10-01
$125,000
Public Record

Total Square Feet Living: 3850
Above Grade Finished Area: 1925
BelowGradeFinishedArea: 1925
Foundation Area: 1925.00
Property Age: 62
Property Condition: Previously Owned
Levels or Stories: 2
Total Above Grade Sqft Area: 1925.00
Total Area Main: 1925.00
Total Below Grade Area: 1925.00

Sewer: City Sewer/Connected
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.