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2915 N 3rd St

Minneapolis MN 55411

4
2
2
2555 sq. ft.
0.1 ac.
Duplex
Currently for sale - view listing

Overview

Exceptional investment opportunity in Minneapolis' growing Hawthorne neighborhood! This well-maintained duplex is ideal for both owner-occupants and investors seeking strong cash flow and long-term appreciation. Major updates completed in 2021-2022 include a new roof, furnace, water heater, walkway, stairs, and retaining wall, providing peace of mind and reduced maintenance costs for years to come. The property is currently generating solid rental income, with Unit 1 rented at $1,250/month and Unit 2 rented at $1,575/month. Located in an area experiencing significant reinvestment and growth, this property is surrounded by new development activity, including a brand-new construction duplex valued at approximately $450,000 being built next door. Additional new construction projects have recently been completed nearby, further enhancing the neighborhood's appeal and future value. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a stable, income-producing asset to your portfolio, this duplex offers a rare combination of cash flow, updates, and upside potential. Don't miss your chance to own in one of North Minneapolis' emerging neighborhoods!

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2555 sq. ft. floor area
0.1 ac. lot size
Duplex

Property history for 2915 N 3rd St

2022
Sold
$292,000
24 Oct 2022 by Wenn Townsend, of Coldwell Banker Realty
2018
Sold
$215,000
21 Dec 2018 by Jesse Mausser, of Century 21 Premier Group
2018
Sold
$92,500
05 Sep 2018 by John Schuster, of Coldwell Banker Realty

Happy sellers in Minneapolis

<50%
Less than 50% of sellers in Minneapolis reported that their sale price either exceeded or met their price expectations.

Minneapolis stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Minneapolis over the last 12 months.

Local market activity for 4 bedroom duplexes in Minneapolis

In the last 12 months, 6 four-bedroom duplexes similar to 2915 N 3rd St, have been sold.

This represents a 25% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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