3036 15th Ave S Minneapolis, MN 55407
Powderhorn Park NeighborhoodEstimated payment $3,117/month
About This Home
Rare investment opportunity to acquire a historic up-and-down duplex in South Minneapolis with strong income and future upside. This multi-family property offers a total of 7 bedrooms, 3 bathrooms, a two car garage, and adjacent vacant lot of approximately 0.9 acres, providing potential for additional value through outdoor amenities or possible future development (buyer to verify zoning and use) Both units feature tall ceilings, updated kitchens, windows and solid long-term rental appeal. Full unfinished basement provides ample storage and operational utility. Strong structure and desirable unit layout. Ideal for investors seeking steady cash flow or owner occupants looking to offset housing cost. Both units are currently rented on a month-to-month basis, allowing flexibility for rent optimization or repositioning.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,747
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 45x127
- Few Trees
- Additional Parcels
Parking
- 2 Car Detached Garage
Interior Spaces
- 2,844 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Utilities
- Forced Air Heating System
- Boiler Heating System
Community Details
- 2 Units
- Williams Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 0202824120272
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,747 | $410,000 | $74,000 | $336,000 |
| 2023 | $7,139 | $429,000 | $60,000 | $369,000 |
| 2022 | $6,574 | $382,000 | $40,000 | $342,000 |
| 2021 | $5,595 | $370,000 | $25,000 | $345,000 |
| 2020 | $5,604 | $342,500 | $30,000 | $312,500 |
| 2019 | $5,227 | $317,000 | $20,000 | $297,000 |
| 2018 | $4,593 | $288,000 | $20,000 | $268,000 |
| 2017 | $4,461 | $238,000 | $18,200 | $219,800 |
| 2016 | $3,422 | $229,500 | $18,200 | $211,300 |
| 2015 | $3,054 | $199,500 | $18,200 | $181,300 |
| 2014 | -- | $173,500 | $18,200 | $155,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2026 02/06/26 | For Sale | $474,900 | -- | $167 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $262,000 | At Home Title Llc | |
| Warranty Deed | $145,000 | -- | |
| Warranty Deed | $36,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $209,600 | New Conventional |
Source: NorthstarMLS
MLS Number: 7009578
APN: 02-028-24-12-0272
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Ask me questions while you tour the home.