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3101 E 24th Street Minneapolis, MN $ 875,000
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$ 875,000 Get more info
3101 E 24th Street
$ 875,000
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3101 E 24th Street

Minneapolis, MN, 55406
$ 875,000
Bedrooms12 Baths4.0 Sq 4,464

Monthly Estimate*

$ 6,043

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Multi-Family Home for sale in Minneapolis, MN

for $875,000 with 12 bedrooms and 4 full baths. This 4,464 square foot home was built in 1905 on a lot size of 0.12.

Spacious fourplex in the Seward neighborhood! This massive fourplex has a true 3 bed and 1 bath each unit going from front to back! Both main level units have their own separate front & back entry. Each unit has their own front porch/balcony. Upper units share the back balcony. All units have the same floor plan and mirror each other. Each unit has access to control their own heat! It's how the boiler system was set up. Updates such as paint and some newer appliances installed to units through new ownership . Tons of parking in the back that can fit at least 8 cars. Coin-op washer, and free newer dryer to replace previous coin-op. Tenants are on year long leases and have renewed. All 4 units have 3 bedrooms and 1 full bathroom each! 3 storage units in the basement along with a huge owners storage unit. All units are fully leased!

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Multi-Family Active

Price

$ 875,000

Bedrooms

12

Full Bath

4

Property Type

Multi-Family

Taxes

$ 12,457

Style

Fourplex

Lot Size

0.12

Year Built

1905

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7096745
Features
General
Living Area 4464
Sewer City Sewer/Connected
Heating Boiler
Roof Asphalt
Garage Spaces 0
Construction Materials Concrete
Year Built 1905
Electric Circuit Breakers
Tenant Pays Electricity Gas Heat
Levels Two
Property Subtype Fourplex
Tax Year 2025
Gross Income 86850
Accessibility None
County Hennepin
Net Operating Income 74450
Operating Expense 0
Insurance Expense 4000
New Construction N
Property Type Residential Income
Association Amenities Coin-op Laundry Owned Patio
Contingency None
MaintenanceExpense 400
Subdivision Name Rgt Falls City Addn-Blks E-F-G-H-T &U
Directions I-94 to Riverside Ave exit then head south to Franklin turn left the right on 31st Ave S then left on E 24th to property on corner.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 12457
Electric Expense 300
Fuel Expense 4500
Trash Expense 1350
Water Sewer Expense 1350
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block Full Unfinished
Basement (Y/N) Y
Above Grade Finished Area 4464
Laundry Features In Basement
Total Bedrooms 12
Below Grade Finished Area 0
Total Baths 4
Fuel Natural Gas
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Exterior
Fencing None
Parking Features Assigned Gravel Parking Lot
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.12
Building Area Total 6696
Lot Dimensions 40x134
Waterfront Y/N N
Foundation Area 2232
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 3101
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* Excluded Features
List By
Engel & Volkers Minneapolis

Broker

malee.vang@evrealestate.com

Email

Affordability Calculator

$7,081
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,043
Monthly Property Taxes
$1,038
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/23/2026$875,000 -2.23% Price Down
6/26/2026$895,000 Listed Price

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3101 E 24th Street, Minneapolis, MN, 55406 is a Multi-Family Home for sale at $875,000 with 4,464 sqft and a lot size of 0.12. 3101 E 24th Street has 12 bedrooms, 4.0 baths, and was built in 1905. The property's zip code is 55406 which is in Minneapolis, MN

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