NOT LISTED FOR SALE
7 Beds
4 Baths
3,900 Sq Ft
0.9 Acres

Last Sold June 17, 2022

Last sale price $555,000 $142 Per Sq Ft

Highlights

  • Porch
  • Hot Water Heating System
  • 2-minute walk to Mueller Park

About This Home

As of June 2022

Great Opportunity to build equity in this charming Victorian style 4plex. Unit mix includes Unit 1 - studio on main floor (vacant), Unit 2- 1BR on main floor (rented at $920 M2M), Unit 3 - 4BR on 2nd floor(vacant) and Unit 4 - 2BR on 3rd floor (rented at $1245 M2M). The 3rd floor unit features a massive bathroom and has exclusive access to the roof-top deck. Each unit has its own electric meter for residents to pay. There is one updated boiler to heat the building. The basement features shared laundry, ample room for storage and potential for more finished space. Property features a 2 car garage and room for 4 additional vehicles.The current residents would like to stay. The vacant units are ready for your updates and finishing touches. Building is in need of repairs. The building is located in a very walkable neighborhood near the Lakes, downtown Minneapolis and easy access to Hwys. Information deemed reliable but not guaranteed. Buyers and buyer's agent to verify all information.

Last Listed By

John Stiles

First Select Listed on: 03/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,413

Year Built

  • Built in 1906

Lot Details

  • 0.9

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Quadruplex
  • Pitched Roof

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Hot Water Heating System
  • Boiler Heating System

Additional Features

  • Porch
  • Lot Dimensions are 46x83

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for electricity, fuel, insurance, janitorial service, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 3302924140088

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,413

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Porch
  • Year Built: 1906
  • Above Grade Finished Sq Ft: 3900
  • Water Sewer Expenses: 2461
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Fiber Optic,Satellite
  • Special Features: 5124
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 3900
  • Fireplace: No
  • Owner Pays: Electricity, Fuel, Insurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Number Of Fireplaces: 1
  • Total Rooms: 3
  • Appliances: Range
  • Total Rooms: 3
  • Total Rooms: 6
  • Amenities: Deck
  • Appliances: Range
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Fencing: None
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: Lowry Hill East

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener, Paved, Open
  • Garage Square Feet: 480

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 46x83
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Wood Siding
  • Units Total: 4

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3302924140088
  • Tax Annual Amount: 10413
  • TaxWithAssessments: 10413.1600

Multi Family

  • TenantPays: Cable TV, Electricity
  • ElectricExpense: 584
  • FuelExpense: 1542
  • Number Of Refrigerators: Four

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $555,000 +5.7% $142 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $525,000 -- $135 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6156512

NorthstarMLS