2801 Emerson Avenue N Minneapolis, MN ^$ 274,900

2801 Emerson Avenue N

^$ 274,900

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2801 Emerson Avenue N

Minneapolis, MN, 55411

^$ 274,900

Bedrooms3 Baths1.0 Sq 2,248

Monthly Estimate*

^$ 1,920

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2801 Emerson Avenue N, Minneapolis, MN 55411 - Image 9

2801 Emerson Avenue N, Minneapolis, MN 55411 - Image 10

2801 Emerson Avenue N, Minneapolis, MN 55411 - Image 11

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2801 Emerson Avenue N, Minneapolis, MN 55411 - Image 13

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2801 Emerson Avenue N, Minneapolis, MN 55411 - Image 17

Multi-Family Home for sale in Minneapolis, MN

for $274,900 with 3 bedrooms and 1 full bath. This 2,248 square foot home was built in 1900 on a lot size of 0.12.

Cash cow! Ready for a first time investor or an experienced investor. Fantastic opportunity to own a duplex at a lower cost. Both units are large 3 bedrooms and 1 bathroom. 2024 Fair Market rents are $2,015/mo. Clean TISH.

Multi-Family Active

Price

^$ 274,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,364

Style

Duplex Up and Down

Lot Size

0.12

Year Built

1900

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6473174

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Roof Asphalt

Garage Spaces 0

Construction Materials Vinyl Siding

Year Built 1900

Tenant Pays Electricity Fuel

Levels Two

Property SubType Duplex Up and Down

Tax Year 2024

Gross Income 48360

Accessibility None

County Hennepin

Operating Expense 1

Insurance Expense 1

New Construction N

Property Type Residential Income

Contingency None

Subdivision Name Fairmount Park Add

Directions 26TH TO EMERSON GO NORTH HOUSE ON LEFT.

City Minneapolis

Buyer Agent Compensation 2.70

High School District Minneapolis

Zoning Description Residential-Multi-Family

Total Units 2

Street Name Emerson

Land Lease Y/N N

Tax Annual Amount 3364

Electric Expense 1

Fuel Expense 1

Trash Expense 1

Water Sewer Expense 1

Additional Parcels Y/N N

Days on Market 118

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Full Unfinished

Basement (Y/N) Y

Above Grade Finished Area 2248

Street Suffix Avenue

Below Grade Finished Area 0

Fuel Natural Gas

Garage Square Feet 0

Exterior

Parking Features Gravel

Lot Features Irregular Lot Tree Coverage - Medium

Water Source City Water/Connected

Lot Size Area 0.12

Lot Dimensions 43x127

Lot Size Units Acres

Foundation Area 1124

Road Frontage Type City Street

Internal Only

Street Number 1 2801

* Excluded Features

List By

Re/Max Results

Broker

scott.swennes@results.net

Affordability Calculator

$2,201

Per Month

Monthly Principal & Interest: $1,920
Monthly Property Taxes: $280
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Minneapolis, MN

Average List Price ^$521,109

Percent of Sale Price 90%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/2/2024	$274,900		Listed Price

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2801 Emerson Avenue N, Minneapolis, MN, 55411 is a Multi-Family Home for sale at $274,900 with 2,248 sqft and a lot size of 0.12. 2801 Emerson Avenue N has 3 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 55411 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024.

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2801 Emerson Avenue N

Multi-Family Home for sale in Minneapolis, MN

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