3118 Newton Avenue N Minneapolis, MN $ 339,000
3118 Newton Avenue N
$ 339,000
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3118 Newton Avenue N

Minneapolis, MN, 55411
$ 339,000
Bedrooms4 Baths2.0 Sq 1,730

Monthly Estimate*

$ 2,341

3118 Newton Avenue N, Minneapolis, MN 55411 - Image 1
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3118 Newton Avenue N, Minneapolis, MN 55411 - Image 10
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3118 Newton Avenue N, Minneapolis, MN 55411 - Image 13
3118 Newton Avenue N, Minneapolis, MN 55411 - Image 14

Multi-Family Home for sale in Minneapolis, MN

for $339,000 with 4 bedrooms and 2 full baths. This 1,730 square foot home was built in 1914 on a lot size of 0.12.

UP TO $97,000 IN POTENTIAL HOMEBUYER ASSISTANCE MAY BE AVAILABLE — PLUS $3,400/MONTH IN CURRENT RENTAL INCOME! Eligible owner-occupants may have access to multiple homebuyer assistance programs, potentially including up to $45,000 through the Advancing Black Homeownership Community Fund, up to $32,000 in first-generation assistance, and up to $20,000 through the City of Minneapolis, subject to individual eligibility, available funding and program requirements. Not all programs may be combined. Both units are currently leased with $3,400/month in combined rental income. The lower level offers additional finished space, a framed bedroom area and rough-ins for a future kitchen and bathroom, creating potential for additional value. Buyer to verify zoning, permits, code compliance and permitted use with the City of Minneapolis. An opportunity to combine rental income with potentially substantial homebuyer assistance.

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Multi-Family Active

Price

$ 339,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,603

Style

Duplex Side by Side

Lot Size

0.12

Year Built

1914

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7161680

Features
General
Living Area 1730
Sewer City Sewer/Connected
Heating Boiler
Garage Spaces 1
Year Built 1914
Levels Two
Property Subtype Duplex Side by Side
Tax Year 2025
Gross Income 40800
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 1800
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name Hamischs 3rd Add
Directions Take Lowry to Newton. Go South. Home is on E side of Newton.
City Minneapolis
High School District Minneapolis
Number Of Units Total 2
Lot Size Units Acres
Carport Spaces 2
Land Lease Y/N N
Tax Annual Amount 3603
Electric Expense 0
Fuel Expense 3600
Trash Expense 0
Water Sewer Expense 1500
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Unfinished
Basement (Y/N) Y
Above Grade Finished Area 1730
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
Foundation Dimensions 41X127X41X127
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Water Source City Water/Connected
Lot Size Area 0.12
Building Area Total 1730
Lot Dimensions Unknown
Waterfront Y/N N
Foundation Area 870
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Internal Only
Street Number 1 3118
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* Excluded Features
List By
Coldwell Banker Realty

Broker

mark.heinzman@gmail.com

Email

Affordability Calculator

$2,642
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,341
Monthly Property Taxes
$300
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
10/17/2026$339,000 Listed Price

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3118 Newton Avenue N, Minneapolis, MN, 55411 is a Multi-Family Home for sale at $339,000 with 1,730 sqft and a lot size of 0.12. 3118 Newton Avenue N has 4 bedrooms, 2.0 baths, and was built in 1914. The property's zip code is 55411 which is in Minneapolis, MN