4405 Morgan Avenue N Minneapolis, MN $ 650,000
4405 Morgan Avenue N
$ 650,000
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4405 Morgan Avenue N

Minneapolis, MN, 55412
$ 650,000
Bedrooms7 Baths3.0 Sq 3,355

Monthly Estimate*

$ 4,540

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Multi-Family Home for sale in Minneapolis, MN

for $650,000 with 7 bedrooms and 3 full baths. This 3,355 square foot home was built in 1903 on a lot size of 0.17.

This completely renovated triplex truly has it all. With modern updates, original hardwoods, and 10’ ceilings, this does not feel like your average Multifamily. Situated just off of Victory Memorial Drive & walking distance to the local market, library, coffee shops, restaurants, walking/biking paths, public pool, a quick drive to downtown, & so much more. A perfect opportunity for an owner occupant OR to maximize your rental amounts which are far above average for this area. Note the low property taxes! Equity building opportunity in the spacious Basement that has a dedicated separate entrance, washer/dryer hook ups and a ductless mini split unit to provide heating/cooling. There is also a walk-up attic space that could also be utilized via the second unit. Do not miss out on this amazing property!

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Multi-Family Active

Price

$ 650,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,529

Style

Triplex

Lot Size

0.17

Year Built

1903

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6509546

Features
General
Sewer City Sewer/Connected
Heating Baseboard Ductless Mini-Split Forced Air Humidifier
Roof Age 8 Years or Less Architecural Shingle
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1903
Electric Circuit Breakers
Tenant Pays None
Levels More Than 2 Stories
Property SubType Triplex
Tax Year 2023
Gross Income 0
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 2800
New Construction N
Property Type Residential Income
Association Amenities Common Laundry Concrete Floors & Walls Patio Porch
Contingency Inspection
Directions Penn Ave to 44th east to Morgan south to home
City Minneapolis
Buyer Agent Compensation 2.50
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 3
Street Name Morgan
Land Lease Y/N N
Tax Annual Amount 3529
Electric Expense 4284
Fuel Expense 2293
Trash Expense 1000
Water Sewer Expense 1500
Additional Parcels Y/N N
Days on Market 29
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Full
Basement (Y/N) Y
Above Grade Finished Area 3355
Street Suffix Avenue
Below Grade Finished Area 0
Fuel Electric Natural Gas
Garage Square Feet 0
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Exterior
Fencing None
Parking Features Gravel Asphalt Paved Unassigned Open
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Lot Size Area 0.17
Lot Dimensions 80x92.91
Lot Size Units Acres
Foundation Area 1596
Road Frontage Type City Street Curbs Sidewalks
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Internal Only
Street Number 1 4405
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* Excluded Features
List By
Fox Realty

Broker

amanda@foxhomes.com

Email

Affordability Calculator

$4,835
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$294
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$650,000 Listed Price

Map


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4405 Morgan Avenue N, Minneapolis, MN, 55412 is a Multi-Family Home for sale at $650,000 with 3,355 sqft and a lot size of 0.17. 4405 Morgan Avenue N has 7 bedrooms, 3.0 baths, and was built in 1903. The property's zip code is 55412 which is in Minneapolis, MN