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$315,000

Est. payment - /mo

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5 Beds

2 Baths

3,899 SqFt

New

3322 Stevens AVE Minneapolis, MN 55408

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Lucas Hansen

lucas@ts-re.com +1(507) 402-0347

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,899 sqft

Price per Sqft $80

Subdivision Bakers 2Nd Add

MLS Listing ID 7144656

Bedrooms 5

Year Built 1900

Annual Tax Amount $5,764

Tax Year 2026

Contingent None

Lot Size 5,662 Sqft

Lot Dimensions 45.00 X 130.00

Property Sub-Type Duplex Up and Down

Property Description

Strong income potential in this duplex investment opportunity! Previously generating a combined $3,630/month in rental income, with the upper unit renting for $2,030/month and the main-level unit renting for $1,600/month. That represents $43,560 in
potential gross annual rental income based on the previous rents.
Both units offer the convenience of in-unit laundry, while an additional washer and dryer set in the unfinished basement provides even more flexibility for the property. A newer high-efficiency boiler adds to the property's appeal and efficiency.
With two rentable units, separate laundry, a newer mechanical system, and a demonstrated rental history, this property offers an attractive opportunity for investors seeking strong income potential and long-term investment value. Offered as a short sale.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Unfinished

Interior

Heating Baseboard, Boiler, Hot Water

Fireplace No

Laundry In Basement, In Unit

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Building

Story Two

Foundation 1005

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Minneapolis

Others

Special Listing Condition Short Sale

Listed by Kerby Skurat • RE/MAX Results

NEARBY SCHOOL & BUSINESS

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Lucas Hansen

Agent License ID: 40680555

+1(507) 402-0347

3322 Stevens AVE Minneapolis, MN 55408

Lucas Hansen

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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