3433 Snelling Avenue Minneapolis, MN $ 469,900
3433 Snelling Avenue
$ 469,900
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3433 Snelling Avenue

Minneapolis, MN, 55406
$ 469,900
Bedrooms4 Baths2.0 Sq 2,392

Monthly Estimate*

$ 2,814

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Multi-Family Home for sale in Minneapolis, MN

for $469,900 with 4 bedrooms and 2 full baths. This 2,392 square foot home was built in 1917 on a lot size of 0.05.

Discover a remarkable investment opportunity with this family-friendly duplex in Minneapolis, built in 1917. Each of the two units-one above and one below-boasts two bedrooms and a full bathroom, along with a convenient two-car detached garage. The lower unit comes fully furnished and has a proven track record as an Airbnb, generating an impressive average of $2,500 per month, supported by a stellar collection of five-star reviews that highlight its prime location and extensive renovations. With the unit already furnished, you can start earning income immediately. In the last three years, significant upgrades have been made, including a new roof, a spacious 27 x 8.75 patio complete with a French drain system, new fencing, and a modern HVAC system that adds central air to the upper unit. The lower unit has received a new boiler, updated bathrooms, and insulation in both the attic and exterior walls for enhanced energy efficiency. Additionally, electrical and plumbing systems have been upgraded, along with numerous cosmetic enhancements.The upper unit has also been beautifully renovated and has served as an owner-occupied space, making it perfect for families, couples or individuals who want to step into the world of real estate investing. Alternatively, you can capitalize on the rental potential by listing it on Airbnb, potentially earning similar income to the lower unit. The property features a spacious fenced-in backyard with an in-ground fire pit making it a perfect place for outdoor play, gardening, and hosting get-togethers with friends and family. Don't miss out on this incredible opportunity!

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Multi-Family Active

Price

$ 469,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,388

Style

Duplex Up and Down

Lot Size

0.05

Year Built

1917

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6628970

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less
Garage Spaces 1
Construction Materials Stucco
Year Built 1917
Levels Two
PropertySubType Duplex Up and Down
Tax Year 2024
Gross Income 0
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
Subdivision Name Palmers Add
Directions Hiawatha Avenue (Hwy 55) South to left on 35th Street to left on Snelling to home.
City Minneapolis
High School District Minneapolis
NumberOfUnitsTotal 2
Lot Size Units Square Feet
Land Lease Y/N N
Tax Annual Amount 4388
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block
Basement (Y/N) Y
Above Grade Finished Area 2392
Below Grade Finished Area 0
Fuel Natural Gas
Garage Square Feet 528
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Exterior
Water Source City Water/Connected
Lot Size Area 0.05
Building Area Total 3192
Lot Dimensions 6098
Foundation Area 1196
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Internal Only
Street Number 1 3433
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* Excluded Features
List By
Keller Williams Realty Integrity

Broker

karlazgraham@gmail.com

Email

Affordability Calculator

$3,180
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,814
Monthly Property Taxes
$366
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/8/2024$469,900 Listed Price

Map


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3433 Snelling Avenue, Minneapolis, MN, 55406 is a Multi-Family Home for sale at $469,900 with 2,392 sqft and a lot size of 0.05. 3433 Snelling Avenue has 4 bedrooms, 2.0 baths, and was built in 1917. The property's zip code is 55406 which is in Minneapolis, MN