3047 Grand Street NE Minneapolis, MN ^$ 390,000

3047 Grand Street NE

^$ 390,000

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3047 Grand Street NE

Minneapolis, MN, 55418

^$ 390,000

Bedrooms4 Baths2.0 Sq 1,814

Monthly Estimate*

^$ 2,694

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Multi-Family Home for sale in Minneapolis, MN

for $390,000 with 4 bedrooms and 2 full baths. This 1,814 square foot home was built in 1900 on a lot size of 0.15.

Great up/down duplex located in high demand Northeast Minneapolis. Each unit features 2 bedrooms and 1 bathroom. Both units are currently occupied for immediate cash flow. The back yard is fenced in and features a spacious deck and large 2 car garage. Great investment property within walking of distance of neighborhoods breweries, restaurants, the river and more!

Multi-Family Active

Price

^$ 390,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,228

Style

Duplex Up and Down

Lot Size

0.15

Year Built

1900

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7125818

Features

General

Living Area 1814

Sewer City Sewer/Connected

Heating Forced Air

Garage Spaces 2

Year Built 1900

Levels Two

Property Subtype Duplex Up and Down

Tax Year 2026

Gross Income 34980

Accessibility None

County Hennepin

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

New Construction N

Property Type Residential Income

Contingency None

MaintenanceExpense 0

Subdivision Name Northtown Add

Directions Lowry to north on Grand Street. House on right. No sign out front

City Minneapolis

High School District Minneapolis

Zoning Description Residential-Multi-Family

Number Of Units Total 2

Lot Size Units Acres

Carport Spaces 0

Land Lease Y/N N

Tax Annual Amount 6228.96

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Storage Space Unfinished

Basement (Y/N) Y

Above Grade Finished Area 1814

Total Bedrooms 4

Below Grade Finished Area 0

Total Baths 2

Fuel Electric Natural Gas

Garage Dimensions 26 x 24

Garage Square Feet 624

Exterior

Parking Features Detached Garage

Water Source City Water/Connected

Lot Size Area 0.15

Building Area Total 1814

Lot Dimensions 50x133

Waterfront Y/N N

Foundation Area 1074

Internal Only

Street Number 1 3047

* Excluded Features

List By

Banneker Realty, Llc

Broker

jaquihoward@gmail.com

Affordability Calculator

$3,213

Per Month

Monthly Principal & Interest: $2,694
Monthly Property Taxes: $519
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 24%

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
9/8/2026	$390,000	-4.88%	Price Down
8/13/2026	$410,000		Listed Price

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3047 Grand Street NE, Minneapolis, MN, 55418 is a Multi-Family Home for sale at $390,000 with 1,814 sqft and a lot size of 0.15. 3047 Grand Street NE has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 55418 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 10/16/2026.

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3047 Grand Street NE

Multi-Family Home for sale in Minneapolis, MN

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