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3437 Park Avenue, Minneapolis, MN 55407

$400,000
  • 3437 Park Avenue, Minneapolis, MN 55407 Main Photo

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Pending
BEDS0 BATHS SQUARE FEET3,084 MLS#7097255
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONChicago Ave Add SCHOOLMinneapolis

Property Description

Fantastic opportunity to own a well-maintained up/down duplex in the Central neighborhood of South Minneapolis. One unit offers a 2 bedroom, and the other a 3 bedroom, and each having 1 bathroom, both units create strong rental appeal and flexible living options. This duplex is great for both investors seeking steady income potential or for owner-occupant buyers looking to offset your mortgage with the rental income. Both units are have large floor plans with beautiful woodwork throughout. NEW ROOF AND SIDING IN 2023. Conveniently located near parks, restaurants, shopping, public transit, and major commuter routes, this property offers easy access to downtown Minneapolis and all the amenities that make South Minneapolis a desirable place to live. Whether you're purchasing your first investment property or looking for a smarter way to own a home, this duplex presents an exceptional opportunity.

3437 Park Avenue | MLS# 7097255

This multi-family property located at 3437 Park Avenue, Minneapolis, MN 55407 is currently listed for sale with an asking price of $400,000. Park Avenue is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block, Owner Access, Storage/Locker, Unfinished
Basement: Yes
Garage: 2
Heating: Boiler
Lot Size: 0.13 Acres
Roof Type: Age 8 Years or Less, Asphalt
Taxes: $6,199
Year Built: 1907

Feature Descriptions

Days on Site: 36
Exterior: Block
Foundation Size: 1234
Lot: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Dimensions: 49x117
Owners Expense: Gas, Sewer, Trash Collection, Water
Parcel#: 0202824320057
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Edina Realty, Inc.
Agency Phone: 651-698-2434

Shown By

Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541

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Estimated Payment

$ 1,523.48 per month $890.23 Principal & Interest $516.58 Property Tax $116.67 Homeowner's Insurance

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