4853 Nicollet Avenue Minneapolis, MN ^$ 540,000

4853 Nicollet Avenue

^$ 540,000

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4853 Nicollet Avenue

Minneapolis, MN, 55419

^$ 540,000

Bedrooms6 Baths2.0 Sq 2,340

Monthly Estimate*

^$ 3,589

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Multi-Family Home for sale in Minneapolis, MN

for $540,000 with 6 bedrooms and 2 full baths. This 2,340 square foot home was built in 1952 on a lot size of 0.15.

Wonderful side by side 2 story duplex. 3 bedrooms up on each side with a full bath, large living room & dining room. Beautiful hardwood floors throughout. Double garage -1 stall for each unit. Each side has an unfinished lower level. This is an excellent investment opportunity.

Multi-Family Active

Price

^$ 540,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,343

Style

Duplex Side by Side

Lot Size

0.15

Year Built

1952

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6545713

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Roof Age 8 Years or Less Asphalt

Garage Spaces 2

Construction Materials Brick/Stone Stucco Wood Siding

Year Built 1952

Electric Circuit Breakers 100 Amp Service

Tenant Pays Cable TV Electricity Fuel Trash Collection

Topography Level

Levels Two

Property SubType Duplex Side by Side

Tax Year 2024

Gross Income 36900

Accessibility None

County Hennepin

Operating Expense 0

Insurance Expense 0

New Construction N

Property Type Residential Income

Contingency None

Subdivision Name Geo W Flanders Rgt Blk 2 Grant

Directions Nicollet Avenue south - corner lot NE corner

City Minneapolis

Buyer Agent Compensation 2.25

High School District Minneapolis

Zoning Description Residential-Multi-Family

NumberOfUnitsTotal 2

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 7343

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 0

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Block Full Unfinished

Basement (Y/N) Y

Above Grade Finished Area 2340

Below Grade Finished Area 0

Fuel Natural Gas

Garage Dimensions 20x20

Garage Square Feet 400

Green Certified Status Pending

Exterior

Fencing None

Parking Features Detached Concrete

Lot Features Public Transit (w/in 6 blks) Corner Lot Tree Coverage - Medium

Water Source City Water/Connected

Lot Size Area 0.15

Lot Dimensions 50x150

Foundation Area 1152

Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer

Internal Only

Street Number 1 4853

* Excluded Features

List By

Re/Max Results

Broker

skipthomasremax@gmail.com

Affordability Calculator

$4,201

Per Month

Monthly Principal & Interest: $3,589
Monthly Property Taxes: $612
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 ^$498,980

Percent of Sale Price 8%

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
5/31/2024	$540,000		Listed Price

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4853 Nicollet Avenue, Minneapolis, MN, 55419 is a Multi-Family Home for sale at $540,000 with 2,340 sqft and a lot size of 0.15. 4853 Nicollet Avenue has 6 bedrooms, 2.0 baths, and was built in 1952. The property's zip code is 55419 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 6/26/2024.

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4853 Nicollet Avenue

Multi-Family Home for sale in Minneapolis, MN

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