3224 Nicollet Avenue Minneapolis, MN ^$ 750,000

3224 Nicollet Avenue

^$ 750,000

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3224 Nicollet Avenue

Minneapolis, MN, 55408

^$ 750,000

Bedrooms4 Baths2.0 Sq 4,400

Monthly Estimate*

^$ 5,239

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Multi-Family Home for sale in Minneapolis, MN

for $750,000 with 4 bedrooms and 2 full baths. This 4,400 square foot home was built in 1913 on a lot size of 0.2.

Very well cared for and managed 4-plex. Newer kitchens & baths, hardwood floors, built-ins, natural woodwork. Tenants pay heat. Huge garage that rents for $800 per month. Stop in - you'll be pleased.

Multi-Family Active

Price

^$ 750,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 10,031

Style

Quadruplex

Lot Size

0.2

Year Built

1913

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6511701

Features

General

Sewer City Sewer/Connected

Heating Boiler

Roof Flat Tar/Gravel

Garage Spaces 4

Construction Materials Brick/Stone Stucco

Year Built 1913

Electric Circuit Breakers

Tenant Pays Cable TV Electricity Fuel

Levels Two

Property SubType Quadruplex

Tax Year 2024

Gross Income 75960

Accessibility None

County Hennepin

Operating Expense 23237

Insurance Expense 3139

New Construction N

Property Type Residential Income

Contingency None

Subdivision Name Broom & Suffels Add

Directions Nicollet south of Lake St

City Minneapolis

Buyer Agent Compensation 3.00

High School District Minneapolis

Total Units 4

Street Name Nicollet

Land Lease Y/N N

Tax Annual Amount 10031

Electric Expense 168

Fuel Expense 1626

Trash Expense 5605

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 14

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Full Storage/Locker Storage Space

Basement (Y/N) Y

Above Grade Finished Area 4400

Street Suffix Avenue

Below Grade Finished Area 0

Fuel Natural Gas

Garage Square Feet 880

Exterior

Water Source City Water/Connected

Lot Size Area 0.2

Lot Dimensions 50x171

Lot Size Units Acres

Foundation Area 2200

Road Frontage Type City Street

Internal Only

Street Number 1 3224

* Excluded Features

List By

Edina Realty, Inc.

Broker

danferris@edinarealty.com

Affordability Calculator

$6,075

Per Month

Monthly Principal & Interest: $5,239
Monthly Property Taxes: $836
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 ^$512,242

Percent of Sale Price 32%

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
4/15/2024	$750,000	-3.23%	Price Down
4/1/2024	$775,000		Listed Price

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3224 Nicollet Avenue, Minneapolis, MN, 55408 is a Multi-Family Home for sale at $750,000 with 4,400 sqft and a lot size of 0.2. 3224 Nicollet Avenue has 4 bedrooms, 2.0 baths, and was built in 1913. The property's zip code is 55408 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 5/6/2024.

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3224 Nicollet Avenue

Multi-Family Home for sale in Minneapolis, MN

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