Seller's Agent in 2026
Michael Moe
Keller Williams Classic Rlty NW
(763) 463-7500
1 in this area
117 Total Sales
3232 3rd Ave S Minneapolis, MN 55408
Central Neighborhood
5
Beds
2
Baths
2,560
Sq Ft
6,098
Sq Ft Lot Lot
Highlights
- Stair Lift
- Hot Water Heating System
- Privacy Fence
- Washburn High School Rated A-
About This Home
As of May 2026The investment opportunity you’ve been waiting for! This massive duplex in the Central Neighborhood of South Minneapolis offers strong current income with future upside. Key capital improvements already completed, including brand-new boilers for both units, maintenance-free siding, updated windows, and nicely refreshed interiors—ideal for attracting top-market rents while minimizing future repair costs. Owner occupant investors welcomed with lower unit lease ending 5/31! With nearly 2,600 finished sq ft and over 5,600 total sq ft, this property features a large basement and walk-up attic currently used for tenant storage but offering potential for value-added expansion for the next owner. Ideal for both first-time investors or seasoned builders seeking a great addition to their portfolio. Units rented until June of 2026 at $1895 & May of 2026 at $1650. Owner pays for water/sewer/trash, tenants responsible for gas & electric.
Last Agent to Sell the Property
Keller Williams Classic Rlty NW Brokerage Phone: 2183105947 Listed on: 04/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,100
Year Built
- Built in 1902
Lot Details
- Lot Dimensions are 46x128
- Privacy Fence
- Wood Fence
- Chain Link Fence
Home Design
- Duplex
- Block Foundation
- Rubber Roof
- Metal Siding
- Vinyl Siding
Interior Spaces
- 2,560 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Accessible Home Design
- Stair Lift
Utilities
- Hot Water Heating System
- Boiler Heating System
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, fuel, lawn care, snow removal
- The owner pays for insurance, repairs, taxes
- Assessor Parcel Number 0302824130010
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2026
Closed on
May 14, 2026
Sold by
Bought by
Seller's Agent
Michael Moe
Keller Williams Classic Rlty NW
Buyer's Agent
Rianna Redig
Jason Mitchell Group
List Price
$425,000
Sold Price
$428,265
Premium/Discount to List
$3,265
0.77%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.49%
Original Mortgage
$406,851
Outstanding Balance
$406,851
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$11,451
Purchase Details
Closed on
Sep 4, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,074
Interest Rate
4.5%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $428,264 | Great North Title | |
| Warranty Deed | $309,552 | Titlenexus Llc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $406,851 | New Conventional | |
| Previous Owner | $294,074 | New Conventional |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/14/2026 05/14/26 | Sold | $428,265 | +0.8% | $167 / Sq Ft |
| 04/13/2026 04/13/26 | Pending | -- | -- | -- |
| 04/02/2026 04/02/26 | For Sale | $425,000 | -- | $166 / Sq Ft |
Source: NorthstarMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,100 | $356,000 | $48,000 | $308,000 |
| 2023 | $4,642 | $360,000 | $45,000 | $315,000 |
| 2022 | $4,045 | $331,000 | $45,000 | $286,000 |
| 2021 | $4,129 | $301,000 | $27,000 | $274,000 |
| 2020 | $3,906 | $316,500 | $30,900 | $285,600 |
| 2019 | $3,615 | $280,000 | $20,600 | $259,400 |
| 2018 | $3,374 | $254,500 | $20,600 | $233,900 |
| 2017 | $3,449 | $214,000 | $18,700 | $195,300 |
| 2016 | $3,989 | $225,000 | $18,700 | $206,300 |
| 2015 | $3,216 | $188,500 | $18,700 | $169,800 |
| 2014 | -- | $173,500 | $18,700 | $154,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Moe
-
Rianna Redig
Buyer's Agent in 2026
Rianna Redig
Jason Mitchell Group
(612) 532-5362
2 in this area
29 Total Sales
Map
Source: NorthstarMLS
MLS Number: 7046327
APN: 03-028-24-13-0010
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.
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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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