3427 Nicollet Avenue Minneapolis, MN ^$ 699,900

3427 Nicollet Avenue

^$ 699,900

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3427 Nicollet Avenue

Minneapolis, MN, 55408

^$ 699,900

Bedrooms7 Baths4.1 Sq 3,302

Monthly Estimate*

^$ 4,652

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Multi-Family Home for sale in Minneapolis, MN

for $699,900 with 7 bedrooms and 4 full baths, 1 half bath. This 3,302 square foot home was built in 1910 on a lot size of 0.12.

Meticulously maintained fourplex in prime location! Great condition, all units are rented. Convenient access, just minutes from 35W. Close to restaurants, parks, and local attractions. Ideal investment opportunity – schedule your showing today!

Multi-Family Active

Price

^$ 699,900

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 7,957

Style

Quadruplex

Lot Size

0.12

Year Built

1910

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6535301

Features

General

Sewer City Sewer/Connected

Heating Boiler

Garage Spaces 2

Construction Materials Vinyl Siding Wood Siding

Year Built 1910

Electric Circuit Breakers

Tenant Pays Cable TV Other

Levels More Than 2 Stories

Property SubType Quadruplex

Tax Year 2024

Gross Income 61370

Accessibility None

County Hennepin

Operating Expense 45410.41

Insurance Expense 4075.66

New Construction N

Property Type Residential Income

Association Amenities Coin-op Laundry Owned Patio Porch

Contingency None

Subdivision Name Jennisons Add

Directions 35th to Nicollet

City Minneapolis

Buyer Agent Compensation 2.70

High School District Minneapolis

Zoning Description Residential-Multi-Family

NumberOfUnitsTotal 4

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 7957

Electric Expense 3424.96

Fuel Expense 2436.37

Trash Expense 0

Water Sewer Expense 3729.63

Additional Parcels Y/N N

Days on Market 1

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Stone/Rock Storage Space Unfinished

Basement (Y/N) Y

Above Grade Finished Area 3302

Below Grade Finished Area 0

Fuel Natural Gas

Garage Dimensions 9x18

Garage Square Feet 162

Exterior

Fencing Full Split Rail Wood

Water Source City Water/Connected

Lot Size Area 0.12

Lot Dimensions 125x41

Foundation Area 1380

Internal Only

Street Number 1 3427

* Excluded Features

List By

Res Realty

Broker

raulsanchezrealty@gmail.com

Affordability Calculator

$5,315

Per Month

Monthly Principal & Interest: $4,652
Monthly Property Taxes: $663
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 6.99% 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 ^$503,932

Percent of Sale Price 28%

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
5/17/2024	$699,900		Listed Price

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3427 Nicollet Avenue, Minneapolis, MN, 55408 is a Multi-Family Home for sale at $699,900 with 3,302 sqft and a lot size of 0.12. 3427 Nicollet Avenue has 7 bedrooms, 4.1 baths, and was built in 1910. 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 6.99% 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 6/30/2024.

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3427 Nicollet Avenue

Multi-Family Home for sale in Minneapolis, MN

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