2915 N 3rd Street Minneapolis, MN $ 305,000
2915 N 3rd Street
$ 305,000
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2915 N 3rd Street

Minneapolis, MN, 55411
$ 305,000
Bedrooms4 Baths2.0 Sq 1,776

Monthly Estimate*

$ 2,107

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Multi-Family Home for sale in Minneapolis, MN

for $305,000 with 4 bedrooms and 2 full baths. This 1,776 square foot home was built in 1906 on a lot size of 0.1.

Exceptional investment opportunity in Minneapolis' growing Hawthorne neighborhood! This well-maintained duplex is ideal for both owner-occupants and investors seeking strong cash flow and long-term appreciation. Major updates completed in 2021-2022 include a new roof, furnace, water heater, walkway, stairs, and retaining wall, providing peace of mind and reduced maintenance costs for years to come. The property is currently generating solid rental income, with Unit 1 rented at $1,250/month and Unit 2 rented at $1,575/month. Located in an area experiencing significant reinvestment and growth, this property is surrounded by new development activity, including a brand-new construction duplex valued at approximately $450,000 being built next door. Additional new construction projects have recently been completed nearby, further enhancing the neighborhood's appeal and future value. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a stable, income-producing asset to your portfolio, this duplex offers a rare combination of cash flow, updates, and upside potential. Don't miss your chance to own in one of North Minneapolis' emerging neighborhoods!

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Multi-Family Active

Price

$ 305,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,893

Style

Duplex Up and Down

Lot Size

0.1

Year Built

1906

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7080138

Features
General
Living Area 1776
Sewer City Sewer/Connected
Heating Forced Air
Garage Spaces 2
Construction Materials Block
Year Built 1906
Electric Circuit Breakers
Tenant Pays Electricity Fuel Gas Heat Hot Water
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2025
Gross Income 33900
Accessibility None
County Hennepin
Net Operating Income 27566
Operating Expense 6334
Insurance Expense 2300
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name Payne & Hendersons Sub Morrisons
Directions 94E to Broadway to 3rd st N
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 3893
Electric Expense 0
Fuel Expense 0
Trash Expense 1600
Water Sewer Expense 979
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 1776
Laundry Features In Basement Common Area
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
Fuel Electric Natural Gas
Garage Square Feet 300
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Exterior
Parking Features Detached Garage
Water Source City Water/Connected
Lot Size Area 0.1
Building Area Total 2555
Lot Dimensions 28x158
Waterfront Y/N N
Foundation Area 779
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Internal Only
Street Number 1 2915
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* Excluded Features
List By
Keller Williams Realty Integrity Lakes

Broker

hosie@kw.com

Email

Affordability Calculator

$2,431
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,107
Monthly Property Taxes
$324
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
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2026$305,000 Listed Price

Map


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2915 N 3rd Street, Minneapolis, MN, 55411 is a Multi-Family Home for sale at $305,000 with 1,776 sqft and a lot size of 0.1. 2915 N 3rd Street has 4 bedrooms, 2.0 baths, and was built in 1906. The property's zip code is 55411 which is in Minneapolis, MN