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Off Market

3405 Minnehaha Avenue

Minneapolis MN 55406

2
0.15 ac.
Multi-Family
Last sold for $405,000
David MeyerDavid Meyer, last sold this property on 11 December 2020 after -4 days on market.

Overview

Fantastic S MPLS location. Large corner lot. Mechanically sound & updated duplex is perfect for owner occupant or an investor. Solid rent history. Owners lived in the property until recently & completed many updates including refinishing hardwood floors, kitchen/bath in upper level unit, windows throughout, repaired stucco, boilers, gutters & recent landscaping. See supplement for details & dates. Many updates throughout. See supplement for details. Lots of natural light in both units, 2 car garage. Current rents = $1480 for Unit 1(lease expires 7/31/21) and $1640 ($50 less for snow/lawn, lease expires 5/31/21) for Unit 2(in unit laundry). The best part of this just may be the potential to increase FSF as both the basement and the third floor have promise to either be separate units or additions to the current units. Plenty of possibilities for the handy owner or savvy investor. Tenants pay utilities, owners pay insurance ($2,880/year), water/sewer ($1080/year).

Features

2 carspaces
0.15 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Minneapolis over the last 12 months.

Property history for 3405 Minnehaha Avenue

2020
Sold
$405,000
11 Dec 2020 by David Meyer, of REMAX Advantage Plus | Eagan
2016
Sold
$274,000
06 May 2016 by Nathan Huss, of Keller Williams Integrity RE
2008
Sold
$116,000
25 Apr 2008 by Claude Worrell, of REMAX Results | Plymouth

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 multi families in Minneapolis

Nearby agents

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Antony Erickson

Antony Erickson is a recommended agent for Minneapolis.  They have 1 local sale and collected 2 local reviews across the last 12 months.

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Christine Hazel

Christine Hazel is a recommended agent for Minneapolis.  They have 2 local sales and collected 1 local review across the last 12 months.

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Timothy Comes

Sellers who recommend Timothy Comes have praised them for being local expert, clear communication, responsive, supportive, patient, honest, and friendly

  •   5   (109 reviews)
  •  1 Review in Minneapolis
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Alyssa Swenson

Alyssa Swenson is a recommended agent for Minneapolis.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (48 reviews)
  •  1 Review in Minneapolis
  •  1 Sale in Minneapolis
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