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2541 South 3rd Avenue

Minneapolis MN 55404

2
5000 sq. ft.
0.15 ac.
Duplex
Currently for sale - view listing

Overview

Cash Cow! Long term tenants combined with college freshmen (who have to live near campus, which this property qualifies for now! Lots of opportunity to add an additional 4 bedroom unit in the basement! Zoned as a Corridor 4! Unit #2 is recently renovated and rented at $1,873/month. Unit #1 is 2,000/month Hugely desirable rental area in the Whittier neighborhood being located directly across from the Minneapolis College of Art and Design (MCAD) and Minneapolis Institute of Art (MIA). New kitchen counters, cabinets and appliances. Newer windows, fresh paint, buffed floors ? this house shines! Buyers to verify all measurements. Layout is unique. Unit #1 has front half of 1st floor and all of 2nd floor. Unit #2 has back half of 1st floor (rear entrance door) and all of 3rd floor. General layout of what a 4 bedroom unit sketched up, but not approved by city of Minneapolis, available in supplements

Features

2 carspaces
2 garage spaces
5000 sq. ft. floor area
0.15 ac. lot size
Duplex

Property history for 2541 South 3rd Avenue

2016
Sold
$349,900
21 Apr 2016 by Peter Benincasa, of Executive Real-Estate Profess

Happy sellers in Minneapolis

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We have insufficient information to provide an overview of customer satisfaction for Minneapolis. Viewing the agent profiles, reviews and sales for Minneapolis can provide insights for this location.

Local market activity for duplexes in Minneapolis

In the last 12 months, 21 duplexes similar to 2541 South 3rd Avenue, have been sold.

This represents a 5% increase in duplexes sales when compared to the previous 12 months.

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