315 23rd Avenue N Minneapolis, MN ^$ 225,000

315 23rd Avenue N

^$ 225,000

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315 23rd Avenue N

Minneapolis, MN, 55411

^$ 225,000

Bedrooms6 Baths2.0 Sq 1,600

Monthly Estimate*

^$ 1,495

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Multi-Family Home for sale in Minneapolis, MN

for $225,000 with 6 bedrooms and 2 full baths. This 1,600 square foot home was built in 1900 on a lot size of 0.06.

6 bedroom duplex for sale. This up/down duplex feature 2, 3 bedroom 1 bathroom units. Always has been a great rental. The upper unit has been updated and looks great. The lower unit has a built in renter so you will start your ownership with built in rent.

Multi-Family Active

Price

^$ 225,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,916

Style

Duplex Up and Down

Lot Size

0.06

Year Built

1900

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6497018

Features

General

Sewer City Sewer/Connected

Heating Boiler

Roof Age Over 8 Years Asphalt

Garage Spaces 0

Construction Materials Metal Siding

Year Built 1900

Electric Circuit Breakers

Tenant Pays Electricity Gas

Levels Two

Property SubType Duplex Up and Down

Tax Year 2023

Gross Income 0

Accessibility None

County Hennepin

Operating Expense 5000

Insurance Expense 2500

New Construction N

Property Type Residential Income

Contingency None

Subdivision Name Nickels & Smiths Add

Directions Lyndale Ave N to 23rd. East on 23rd to property.

City Minneapolis

Buyer Agent Compensation 2.50

High School District Minneapolis

Zoning Description Residential-Multi-Family

NumberOfUnitsTotal 2

Lot Size Units Acres

Street Name 23rd

Land Lease Y/N N

Tax Annual Amount 1916

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 2500

Additional Parcels Y/N N

Days on Market 47

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Full

Basement (Y/N) Y

Above Grade Finished Area 1600

Street Suffix Avenue

Below Grade Finished Area 0

Fuel Natural Gas

Exterior

Fencing None

Parking Features Gravel

Water Source City Water/Connected

Lot Size Area 0.06

Lot Dimensions 32x86

Foundation Area 800

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 315

* Excluded Features

List By

Coldwell Banker Realty

Broker

epredlinger@cbburnet.com

Affordability Calculator

$1,655

Per Month

Monthly Principal & Interest: $1,495
Monthly Property Taxes: $160
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 ^$495,448

Percent of Sale Price 120%

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
4/11/2024	$225,000	-9.96%	Price Down
3/1/2024	$249,900		Listed Price

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315 23rd Avenue N, Minneapolis, MN, 55411 is a Multi-Family Home for sale at $225,000 with 1,600 sqft and a lot size of 0.06. 315 23rd Avenue N has 6 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 55411 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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 6/5/2024.

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315 23rd Avenue N

Multi-Family Home for sale in Minneapolis, MN

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