NOT LISTED FOR SALE
4 Beds
4 Baths
3,164 Sq Ft
7,405 Sq Ft Lot

Last Sold December 08, 2023

Last sale price $639,500 $202 Per Sq Ft

119 Days on Market

About This Home

As of December 2023

This Property is Under Purchase Agreement. Great opportunity to own/occupy your own rental business in one of the most centrally located neighborhoods in the Twin Cities metro. Charming Victorian 4-unit rental property with an opportunity to add a large 5th unit owner’s suite to the top floor with potential home office space. Or create a 2-story owner’s suite by connecting one of the 2nd floor units to the top floor and have up to 3 large bedrooms on the upper level with the living space and a home office on the main. The top floor of this property has a loft space with access to a potential rooftop deck. Location is key! Less than a 10-minute drive to downtown Minneapolis, Abbot Northwestern Hospital, the Uptown Neighborhood and the Minneapolis lakes & parks, with quick access to I-35W and less than 20 minutes to MSP International Airport. Due to its proximity to all the area amenities, this property has the potential to be a very successful AIRBNB.

Last Agent to Sell the Property

Jerry Lindeen

Metro Group Real Estate Listed on: 07/11/2023

Last Buyer's Agent

Mohamed Abdulle

Northstar Real Estate Associates

Northstar Real Estate Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,814

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 44.87 x 165
  • Chain Link Fence

Home Design

  • Quadruplex

Interior Spaces

  • 3,164 Sq Ft Home
  • 2-Story Property
  • Basement
  • Stone or Rock in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Steam
  • Boiler Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for gas, grounds care, repairs, trash collection, water
  • Assessor Parcel Number 3402924310005

Community Details

Overview

  • 4 Units
  • J T Blaisdells Rev Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,814

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 3164
  • Water Sewer Expenses: 3180
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock
  • Living Area: 3164
  • Owner Pays: Gas, Grounds Care, Repairs, Trash Collection, Water
  • Basement YN: Yes
  • Appliances: Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Chain Link
  • Neighborhood: Whittier

Garage/Parking

  • Parking Features: Asphalt, Paved
  • Other Parking Spaces: 8

Utilities

  • Heating: Boiler, Steam
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

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

Lot Info

  • Topography: Level
  • Lot Size: 44.87 X 165
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 21000.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3402924310005
  • Tax Annual Amount: 7814
  • TaxWithAssessments: 7814.0000

Multi Family

  • TenantPays: Cable TV, Electricity
  • ElectricExpense: 300
  • FuelExpense: 2400
  • Number Of Refrigerators: Four

Range of Values:

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Average Value
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List Price
Sold Price
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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
12/08/2023 12/08/23 Sold $639,500 0.0% $202 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $639,500 0.0% $202 / Sq Ft
10/12/2023 10/12/23 Off Market $639,500 -- --
09/22/2023 09/22/23 Price Changed $639,500 -0.8% $202 / Sq Ft
09/17/2023 09/17/23 Price Changed $644,500 -0.8% $204 / Sq Ft
09/11/2023 09/11/23 Price Changed $649,500 -0.8% $205 / Sq Ft
08/28/2023 08/28/23 Price Changed $654,500 -0.7% $207 / Sq Ft
08/16/2023 08/16/23 Price Changed $659,200 -0.5% $208 / Sq Ft
08/01/2023 08/01/23 Price Changed $662,500 -1.7% $209 / Sq Ft
07/11/2023 07/11/23 For Sale $673,900 -- $213 / 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: 6399951

NorthstarMLS