309 Washington Avenue S Edina, MN $ 489,900
309 Washington Avenue S
$ 489,900
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309 Washington Avenue S

Edina, MN, 55343
$ 489,900
Bedrooms4 Baths3.0 Sq 2,125

Monthly Estimate*

$ 3,384

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Multi-Family Home for sale in Edina, MN

for $489,900 with 4 bedrooms and 3 full baths. This 2,125 square foot home was built in 1958 on a lot size of 0.23.

Excellent opportunity to own a well-maintained side-by-side duplex in a highly convenient Hopkins/Edina location. Ideal for investors or owner-occupants, this one-level duplex offers spacious living areas, hardwood floors, private rear patios, and separate basements with in-unit laundry and abundant storage. Major exterior improvements provide peace of mind, including a brand-new roof and siding completed in 2025. Unit 311 features a newer furnace and central air system installed in 2019. Double-pane windows throughout tilt inward for easy cleaning and enhanced energy efficiency. The unfinished basement space offers potential for additional finished square footage, and Unit 311 may accommodate a future third bedroom with the addition of an egress window. Conveniently located near shopping, dining, parks, bike trails, and major commuter routes, this property offers strong rental appeal and long-term value. A rare opportunity to own a move-in-ready duplex with significant recent updates in a desirable location.

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Multi-Family Active

Price

$ 489,900

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,108

Style

Duplex Side by Side

Lot Size

0.23

Year Built

1958

Town/City

Edina

County/Region

Hennepin

MLS | Web ID

7070693

Features
General
Living Area 2125
Sewer City Sewer/Connected
Heating Forced Air
Roof Age Over 8 Years Asphalt
Garage Spaces 2
Pool Features None
Construction Materials Block Frame
Year Built 1958
Electric Circuit Breakers 100 Amp Service
Tenant Pays Cable TV Electricity Fuel
Topography Level
Levels One
Property Subtype Duplex Side by Side
Tax Year 2026
Gross Income 43200
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name West Minneapolis Heights
Directions Excelsior Blvd south on Blake Rd west on Maloney Ave north on Washington Ave
City Edina
High School District Hopkins
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 7108.36
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 Drain Tiled Storage Space Sump Pump
Basement (Y/N) Y
Above Grade Finished Area 1674
Laundry Features In Basement In Unit Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 451
Total Baths 3
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Fencing Chain Link Partial Wood
Parking Features Detached Garage Asphalt Garage Door Opener
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Lot Size Area 0.23
Building Area Total 1722
Lot Dimensions 78x129
Waterfront Y/N N
Foundation Area 1674
Road Frontage Type City Street Paved Streets
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 309
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

jim@diorio-group.com

Email

Affordability Calculator

$3,976
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,384
Monthly Property Taxes
$592
Monthly 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
708341 Elementary School
708817 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2026$489,900 -2.00% Price Down
9/18/2026$499,900 -2.93% Price Down
8/28/2026$515,000 -1.90% Price Down
6/23/2026$525,000 -4.55% Price Down
6/12/2026$550,000 -5.17% Price Down
5/26/2026$580,000 Listed Price

Map


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309 Washington Avenue S, Edina, MN, 55343 is a Multi-Family Home for sale at $489,900 with 2,125 sqft and a lot size of 0.23. 309 Washington Avenue S has 4 bedrooms, 3.0 baths, and was built in 1958. The property's zip code is 55343 which is in Edina, MN