Minneapolis, MN 55406,3405 Minnehaha AVE
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Minneapolis, MN 55406,3405 Minnehaha AVE
Minneapolis, MN 55406,3405 Minnehaha AVE
Minneapolis, MN 55406,3405 Minnehaha AVE
Minneapolis, MN 55406,3405 Minnehaha AVE

$405,000

Est. payment /mo

$385,000

5.2%
Est.Price: ?

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3405 Minnehaha AVE Minneapolis, MN 55406

2,279 SqFt

SOLD DATE : 12/11/2020

Key Details

Sold Price $405,000

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Sold

Purchase Type For Sale

Square Footage 2,279 sqft

Price per Sqft $177

MLS Listing ID 5672552

Sold Date 12/11/20

Year Built 1912

Annual Tax Amount $4,920

Tax Year 2020

Contingent None

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions W 81x157x9x140

Property Sub-Type Duplex Up and Down

Property Description

Fantastic S MPLS location. Large corner lot. Mechanically sound & updated duplex is perfect for owner occupant or an
investor. Solid rent history. Owners lived in the property until recently & completed many updates
including refinishing hardwood floors, kitchen/bath in upper level unit, windows throughout, repaired
stucco, boilers, gutters & recent landscaping. See supplement for details & dates. Many updates throughout. See supplement for details. Lots of natural light in both units, 2
car garage. Current rents = $1480 for Unit 1(lease expires 7/31/21) and $1640 ($50 less for snow/lawn,
lease expires 5/31/21) for Unit 2(in unit laundry). The best part of this just may be the potential to
increase FSF as both the basement and the third floor have promise to either be separate units or
additions to the current units. Plenty of possibilities for the handy owner or savvy investor. Tenants
pay utilities, owners pay insurance ($2,880/year), water/sewer ($1080/year).

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Family Room Other

Basement Block, Full

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Detached, Concrete, Garage Door Opener

Garage Spaces 2.0

Fence Chain Link

Roof Type Age Over 8 Years,Asphalt,Rolled/Hot Mop

Building

Lot Description Irregular Lot

Story Two

Foundation 1208

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

School District Minneapolis

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Listed by David Meyer • RE/MAX Advantage Plus
agent

MACKENZIE RASMUS

Advisor | License ID: 40828489

+1(612) 801-4565

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