3114 23rd Avenue S Minneapolis, MN $ 625,000
3114 23rd Avenue S
$ 625,000
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3114 23rd Avenue S

Minneapolis, MN, 55407
$ 625,000
Bedrooms7 Baths4.0 Sq 3,264

Monthly Estimate*

$ 4,366

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3114 23rd Avenue S, Minneapolis, MN 55407 - Image 10
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Multi-Family Home for sale in Minneapolis, MN

for $625,000 with 7 bedrooms and 4 full baths. This 3,264 square foot home was built in 1979 on a lot size of 0.2.

Well maintained, 4-plex located in a very convenient location with two open units for owner occupant opportunity! *Three - 2 bedroom units & One - 1 bedroom unit. * 1 block to light-rail station and bus stop, plus close to Target, Cub Foods, YWCA and many stores and restaurants! Many updates include: New Roof in 2017, All New Windows in 2015, All Units New Kitchen Cabinets were installed between 2017 and 2019. Most units have new appliances replaced since 2016. 3 Newer water heaters. 3 units had flooring replaced: 2024, 2020, 2017. All furnaces replaced in 2010..and much more! Coin laundry. Tenants pay Electric/Gas. (One unit virtually staged.) *Ask about assumable mortgage.

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Multi-Family Pending

Price

$ 625,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,366

Style

Quadruplex

Lot Size

0.2

Year Built

1979

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6514240

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less Asphalt
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1979
Tenant Pays Electricity
Levels Split Entry (Bi-Level)
Property SubType Quadruplex
Tax Year 2024
Gross Income 54500
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Association Amenities Common Laundry Coin-op Laundry Owned Security
Contingency None
Subdivision Name Griswolds 2nd Add
Directions WEST TO 23RD AVENUE NORTH 1 BLOCK
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 4
Street Name 23rd
Land Lease Y/N N
Tax Annual Amount 8366
Electric Expense 600
Fuel Expense 0
Trash Expense 1500
Water Sewer Expense 2500
Additional Parcels Y/N N
Days on Market 21
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Daylight/Lookout Windows Finished
Basement (Y/N) Y
Above Grade Finished Area 1632
Street Suffix Avenue
Below Grade Finished Area 1632
Fuel Natural Gas
Green Certified Status Pending
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Exterior
Fencing Chain Link
Parking Features Paved
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.2
Lot Dimensions 50x172
Lot Size Units Acres
Foundation Area 1632
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 3114
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* Excluded Features
List By
Engel & Volkers Minneapolis Downtown

Broker

sarah@callsarahfirst.com

Email

Affordability Calculator

$5,063
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,366
Monthly Property Taxes
$697
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!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$625,000 Listed Price

Map


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3114 23rd Avenue S, Minneapolis, MN, 55407 is a Multi-Family Home for sale at $625,000 with 3,264 sqft and a lot size of 0.2. 3114 23rd Avenue S has 7 bedrooms, 4.0 baths, and was built in 1979. The property's zip code is 55407 which is in Minneapolis, MN