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$425,000   Price Analysis
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3400 19th Ave S
Minneapolis, MN 55407
4 bed 2 bath 2,164 SqFt ($196/SqFt)
5,227SqFt lot. Built 1926
Listed 2024-05-14, Taxes $5,299
Ⓧ USDA Ineligible
due to location

near Minneapolis

Beautiful Classic 2-story up and down duplex across the street from Corcoran Park.

* Sale Pending *

Both units have the same layout with hardwood floors, dining room built-in buffet cabinets, 2 bedrooms and 1 bathroom and a nicely fenced-in back yard with a shared patio and fountain water feature. Lots of storage in the basement where the laundry is located. Tuck-Under 2-car garage and detached 1-car garage are not included in current leases. Each unit has separate Boilers, Water Heaters and Electric panels, but owner currently pays for all utilities (except int ernet and cable TV). Lease for main floor unit ends August 31st, 2024. Lease for upper floor unit ends June 30th, 2024. Huge Value-Add opportunity!

24-hour notic required for showings. Come see quick!


Presented by Stephen Howe at
RE MAX Advantage Plus.


Property MLS #6536462 from NorthstarMLS

Bedrooms: 4

Basement Features: Concrete Block, Daylight/Lookout Windows, Full

Full Bathrooms: 2

Fuel Expense: 2646.67
Heating Features: Boiler, Radiant
Heating Fuel: Natural Gas

Brick/Stone
Stucco
Fencing: Chain Link, Full, Privacy, Wood
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks, Storm Sewer, Street Lights
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Public Transit (w/in 6 blks), Tree Coverage - Medium
Lot Size Acres: 0.12
Lot Size Dimensions: 41x125
Lot Size Square Feet: 5227

Garage Spaces: 3
Parking Features: Attached Garage, Detached Garage, Driveway - Concrete, Multiple Garages, Tuckunder Garage
Garage Sqft: 634

Association: No
Association Amenities: Patio
Calculated Total Monthly Association Fees: 0

Gross Income: 38460.00
Tenant Pays: Broadband, Cable T.V.

Number of Units: 2

School District: 1 - Minneapolis

South Senior High School is a public high school located approximately 0.3 miles away.
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Andersen Community is a public elementary and middle school located approximately 1.1 miles away.
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Risen Christ Catholic School is a private elementary and middle school located approximately 0.7 miles away.
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Annual Tax Amount: 5209.00
Source Listing Status: Pending
County: Hennepin
Directions: Cedar to 19th Ave, East to duplex on right.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 1946.00
Source Neighborhood: Powderhorn Park
Owner Pays: Electric, Fuel, Insurance, Lawn, Maintenance/Repair, Taxes, Trash, Water/Sewer
Parcel Number: 0102824320065
Subdivision: Mcintyre Bros Cottage Grove Add
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$261,000 + $51,000
$312,000
$5,299
2021$272,100 + $38,400
$310,500
$5,078
2020$272,900 + $25,600
$298,500
$5,278
2019$245,900 + $25,600
$271,500
$4,930
2018$210,400 + $25,600
$236,000
$4,328
2017$unknown + $unknown
$192,205
$2,995
2016$unknown + $unknown
$186,755
$3,007
2015$unknown + $unknown
$157,325
$2,669
2014$162,700 + $23,300
$186,000
$4,048
2013$154,100 + $31,900
$186,000
$4,071
2012$164,100 + $31,900
$196,000
$4,172
2011$186,600 + $39,900
$226,500
$4,598
2010$209,100 + $39,900
$249,000
$4,419
2009$209,100 + $39,900
$249,000
$4,462
2008$212,100 + $37,900
$250,000
$4,046
2007$192,000 + $25,400
$217,400
$3,610

Listed 2024-05-14
$425,000
NorthstarMLS
Listing removed 2023-11-29
$0
NorthstarMLS
Listed 2023-10-30
$400,000
NorthstarMLS
Sold 2013-11-04
$225,000
Public Record
Sold 1999-01-28
$107,000
Public Record

Net Operating Income: 30288.00
Operating Expense: 8172.00

Total Square Feet Living: 2164
Above Grade Finished Area: 2164
Construction Materials: Block, Frame
Foundation Area: 1092.00
Property Age: 98
Property Condition: Previously Owned
Roof: Architectural Shingle, Age Over 8 Years, Asphalt Shingles, Pitched
Levels or Stories: 2
Total Above Grade Sqft Area: 2164.00
Total Area Main: 1092.00
Total Below Grade Area: 698.00

Electric: 100 Amp Service, Circuit Breakers
Electric Expense: 1599.66
Sewer: City Sewer/Connected
Water Sewer Expense: 1980.00
Water Source: City Water/Connected
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