3247 Aldrich Avenue N Minneapolis, MN ^$ 265,000

3247 Aldrich Avenue N

^$ 265,000

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3247 Aldrich Avenue N

Minneapolis, MN, 55412

^$ 265,000

Bedrooms7 Baths2.0 Sq 2,494

Monthly Estimate*

^$ 1,830

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3247 Aldrich Avenue N, Minneapolis, MN 55412 - Image 3

3247 Aldrich Avenue N, Minneapolis, MN 55412 - Image 4

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3247 Aldrich Avenue N, Minneapolis, MN 55412 - Image 9

3247 Aldrich Avenue N, Minneapolis, MN 55412 - Image 10

3247 Aldrich Avenue N, Minneapolis, MN 55412 - Image 11

3247 Aldrich Avenue N, Minneapolis, MN 55412 - Image 12

Multi-Family Home for sale in Minneapolis, MN

for $265,000 with 7 bedrooms and 2 full baths. This 2,494 square foot home was built in 1915 on a lot size of 0.13.

Great for investors. 4 bedrooms/1bath upstair with finished attic. 3 bedrooms/1bath first floor. Upper unit was rented for $1800/month and 1st floor was rented for $1500/month. Sump Pump installed. New high efficiency Combo Boilers for each unit and insulation through the whole building in 2025.

Multi-Family Active

Price

^$ 265,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,587

Style

Duplex Up and Down

Lot Size

0.13

Year Built

1915

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7058073

Features

General

Living Area 2494

Sewer City Sewer/Connected

Heating Baseboard

Garage Spaces 0

Pool Features None

Year Built 1915

Levels Two

Property Subtype Duplex Up and Down

Tax Year 2024

Gross Income 42000

Accessibility None

County Hennepin

Net Operating Income 37200

Operating Expense 4800

Insurance Expense 2300

New Construction N

Property Type Residential Income

Association Amenities Porch

Contingency None

MaintenanceExpense 1000

Subdivision Name Bakers 4th Add

Directions HWY 94 TO DOWLING WEST TO ALDRICH SOUTH TO PROPERTY

City Minneapolis

High School District Minneapolis

Zoning Description Residential-Multi-Family

Number Of Units Total 2

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 3587.08

Electric Expense 0

Fuel Expense 0

Trash Expense 500

Water Sewer Expense 1000

Additional Parcels Y/N N

Standard Status Active

Lender Owned Not Disclosed

Interior

Basement Full

Basement (Y/N) Y

Above Grade Finished Area 2494

Total Bedrooms 7

Below Grade Finished Area 0

Total Baths 2

Fuel Natural Gas

Garage Square Feet 0

Exterior

Water Source City Water/Connected

Lot Size Area 0.13

Building Area Total 2494

Lot Dimensions 46 x 127

Waterfront Y/N N

Foundation Area 972

Road Frontage Type City Street Paved Streets

Internal Only

Street Number 1 3247

* Excluded Features

List By

Creative Results

Broker

sthao1982@gmail.com

Affordability Calculator

$2,129

Per Month

Monthly Principal & Interest: $1,830
Monthly Property Taxes: $299
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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 ^$481,981

Percent of Sale Price 82%

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
9/4/2026	$265,000	-5.36%	Price Down
5/15/2026	$280,000	-12.50%	Price Down
4/19/2026	$320,000		Listed Price

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3247 Aldrich Avenue N, Minneapolis, MN, 55412 is a Multi-Family Home for sale at $265,000 with 2,494 sqft and a lot size of 0.13. 3247 Aldrich Avenue N has 7 bedrooms, 2.0 baths, and was built in 1915. The property's zip code is 55412 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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 10/15/2026.

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3247 Aldrich Avenue N

Multi-Family Home for sale in Minneapolis, MN

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