$1,075,000

Estimated payment $7,314/month

Total Views 7,105
3 Beds
3 Baths
3,394 Sq Ft
$317 Price per Sq Ft

Highlights

  • Lake View
  • Hot Water Heating System
  • Partially Fenced Property
  • Patio
  • Coin Laundry

About This Home

This property offers a tremendous range of opportunities for the incoming buyer. Originally built in 1895 as a single-family home, it was converted to its current multi-family state in 1945. The location is outstanding and offers some of the best westerly views over Lake Bde Maka Ska. Bde Maka Saka is central to Minneapolis’ famed lakes area and boasts miles of interconnected trails and nearby local shops and restaurants. The lake offers mooring options for sail boats, local beaches, cannel connections to Isles and Cedar, and has the restaurant, Pimento on the Lake, which is just 2 short blocks from the site. The structure has been well maintained over the years and features two 2-bedroom units and one 1-bedroom unit. Each level has sweeping views of the lake. Given its single-family roots, this property provides a path to single-family conversion following some of its innate layout design. Also, with its generous above ground square footage, a condo conversion might be the direction to take with this property. Given all these options, its true potential lies as a teardown opportunity (historic review completed). Its large 12,000+ sf site affords 6,000+ of above ground buildable square footage (FAR) and is a perfect setup for a boutique 2- or 3-unit condo project or for a luxury single family new build. Zoning is 2040 Interior 2. The extra deep site offers numerous layout and greenspace options. The detached 3-car garage offers an exceptional material staging area during the project or can be refreshed and maintained in its current state for a cost savings measure, and given its current structure as a triplex, opportunity for excellent supplemental income during the planning process...or as a holding place for a future project.
Please do not walk the site without an appointment, the building is occupied.

Listing Agent

Rodney Helm

Coldwell Banker Realty Brokerage Phone: 612-720-9792 Listed on: 09/02/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,582

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 42x277x45x294
  • Partially Fenced Property
  • Wood Fence

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Triplex
  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 3,394 Sq Ft Home
  • 2-Story Property
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Basement Storage

Outdoor Features

  • Patio

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • 200+ Amp Service

Community Details

Overview

  • 3 Units
  • Calhoun Park Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,582

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Association Amenities: Coin-op Laundry Owned, Patio
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 3394
  • Water Body Name: Bde Maka Ska
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable,DSL,Fiber Optic
  • Attribution Contact: 612-720-9792
  • Attribution Contact: 612-720-9792
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Shared Access, Storage Space, Unfinished
  • Living Area: 3394
  • Owner Pays: All Utilities
  • Basement YN: Yes
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Metal, Pitched
  • Fencing: Partial, Wood
  • ConstructionMaterialsDesc: Frame
  • Neighborhood: ECCO
  • PatioPorchType: Patio
  • LakeChain: Y
  • Lake Chain Acreage: 1049
  • Lake Chain Name: Minneapolis

Garage/Parking

  • Parking Features: Detached, Garage Door Opener
  • Other Parking Spaces: 3

Utilities

  • Heating: Boiler, Hot Water, Radiator(s)
  • Sewer: City Sewer - In Street
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Topography: Level
  • Waterfront YN: No
  • Lot Size: 42x277x45x294
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 19582
  • TaxWithAssessments: 19582.0000

Multi Family

  • TenantPays: None
  • WaterfrontFeatures: Lake View

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $19,582 $1,068,000 $671,000 $397,000
2023 $17,390 $1,068,000 $671,000 $397,000
2022 $17,074 $1,017,000 $671,000 $346,000
2021 $16,457 $984,000 $671,000 $313,000
2020 $18,039 $983,500 $686,000 $297,500
2019 $16,505 $983,500 $457,300 $526,200
2018 $15,058 $894,000 $457,300 $436,700
2017 $15,390 $805,500 $415,700 $389,800
2016 $13,412 $767,000 $415,700 $351,300
2015 $13,024 $732,000 $415,700 $316,300
2014 -- $665,500 $361,400 $304,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2025 10/09/25 For Sale $1,075,000 0.0% --
10/07/2025 10/07/25 Off Market $1,075,000 -- --
08/22/2025 08/22/25 For Sale $1,075,000 -- --
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6781335

NorthstarMLS

APN: 04-028-24-24-0062