Seller's Agent in 2025
Graham Smith Team
Keller Williams Realty Integrity Lakes
(612) 414-5614
2 in this area
352 Total Sales
3148 Pleasant Ave Minneapolis, MN 55408
Lyndale Neighborhood
8
Beds
3
Baths
3,000
Sq Ft
1886
Built
About This Home
As of August 2025Welcome to this beautifully updated triplex located in the Lyndale neighborhood of Minneapolis. Featuring two well maintained units on the main level and a massive upper-level unit, each thoughtfully renovated with modern kitchens, stylish bathrooms, updated appliances, and fresh paint throughout. The lower two units are currently occupied by reliable, month-to-month tenants, providing immediate rental income with flexibility for future plans. Brand new coin laundry in the basement only adds to this income potential. Whether you're an investor looking for a solid cash-flowing property or an owner-occupant seeking to offset your mortgage with rental income, this triplex is a perfect fit. Located in a sought-after area near local shops, restaurants, parks, and easy transit options, this property blends convenience with long-term value. Don't miss out on this great turn-key investment opportunity. Plan your tour of this new listing today!
Last Agent to Sell the Property
Keller Williams Realty Integrity Lakes Listed on: 06/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,835
Year Built
- Built in 1886
Lot Details
- Lot Dimensions are 45x99
Parking
- On-Street Parking
Home Design
- Triplex
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Shared Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Bathrooms
Utilities
- Boiler Heating System
- Radiant Heating System
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for all utilities
- Assessor Parcel Number 0302824220192
Community Details
Overview
- 3 Units
- Motor Line Add Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2025
Closed on
Aug 22, 2025
Sold by
Moreno Andres
Bought by
Shipway Patrick and Shipway Julie
Seller's Agent
Graham Smith Team
Keller Williams Realty Integrity Lakes
Buyer's Agent
Mason Vitalis
Keller Williams Classic Rlty NW
List Price
$525,000
Sold Price
$545,000
Premium/Discount to List
$20,000
3.81%
Views
229
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-55.03%
Original Mortgage
$517,750
Outstanding Balance
$517,750
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$2,401
Purchase Details
Closed on
Aug 18, 2021
Sold by
M & E Investments Llc
Bought by
Moreno Andres
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 9, 2018
Sold by
Selin Andrew and Selin Erin
Bought by
M & E Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 18, 2017
Sold by
Elkin Max R
Bought by
Selin Andrew and Selin Erin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 14, 1998
Sold by
Lerner Mark A
Bought by
Elkin Max R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $545,000 | Watermark Title | |
| Warranty Deed | $450,000 | Watermark Title Agency | |
| Warranty Deed | $385,000 | First American Title Ins Co | |
| Warranty Deed | $300,000 | Titlenexus Llc | |
| Interfamily Deed Transfer | -- | Titlenexus Llc | |
| Warranty Deed | $56,793 | -- | |
| Deed | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $517,750 | New Conventional | |
| Previous Owner | $441,849 | FHA | |
| Previous Owner | $308,000 | Purchase Money Mortgage | |
| Previous Owner | $225,000 | New Conventional | |
| Closed | $441,849 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Sold | $545,000 | +3.8% | $182 / Sq Ft |
| 07/21/2025 07/21/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | For Sale | $525,000 | -- | $175 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $11,010 | $454,000 | $127,000 | $327,000 |
| 2022 | $8,238 | $478,000 | $123,000 | $355,000 |
| 2021 | $7,933 | $485,000 | $101,000 | $384,000 |
| 2020 | $8,578 | $485,000 | $92,400 | $392,600 |
| 2019 | $8,008 | $485,000 | $61,600 | $423,400 |
| 2018 | $7,484 | $441,000 | $38,000 | $403,000 |
| 2017 | $6,474 | $345,500 | $34,500 | $311,000 |
| 2016 | $6,063 | $300,500 | $34,500 | $266,000 |
| 2015 | $5,559 | $261,500 | $34,500 | $227,000 |
| 2014 | -- | $227,500 | $26,500 | $201,000 |
Source: Public Records
Agents Affiliated with this Home
-
Graham Smith Team
-
Jacob Bentley
Seller Co-Listing Agent in 2025
Jacob Bentley
Keller Williams Realty Integrity Lakes
(763) 777-2068
1 in this area
10 Total Sales
-
Mason Vitalis
M
Buyer's Agent in 2025
Mason Vitalis
Keller Williams Classic Rlty NW
(612) 396-5216
1 in this area
18 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6740406
APN: 03-028-24-22-0192
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 3145 Pleasant Ave
- 3208 Pleasant Ave
- 3121 Harriet Ave
- 3115 Harriet Ave
- 3214 Blaisdell Ave
- 3129 Garfield Ave
- 3022 Grand Ave S
- 3313 Harriet Ave
- 3228 Garfield Ave
- 3236 Garfield Ave Unit 102
- 3238 Garfield Ave Unit 201
- 3023 Garfield Ave
- 3310 Nicollet Ave Unit 102
- 3136 Lyndale Ave S
- 2940 Grand Ave S
- 3428 Pillsbury Ave S
- 2930 Blaisdell Ave Unit 228
- 3035 Aldrich Ave S
- 3336 Lyndale Ave S
- 3444 Grand Ave S Unit 1