
3311 Elliot Ave Minneapolis, MN 55407
Powderhorn Park NeighborhoodEstimated payment $3,285/month
About This Home
Charming and well-maintained fourplex in the heart of Powderhorn Park, perfectly situated on a quiet, tree-lined block just steps from the park. This is a fantastic opportunity for an owner-occupant looking to offset their housing costs with rental income!
Featuring numerous updates, this property boasts a newer boiler with zoned heating for each unit, updated copper plumbing, and a newly replaced roof. Three of the units have been freshly painted, giving them a bright and refreshed look. Additionally, an 1,100-square-foot garage has been converted into a heated studio/workshop, potential for generating an extra $400 per month in rental income.
Enjoy the best of both worlds with a peaceful setting in a convenient, vibrant neighborhood close to shops, dining, and public transit. Don’t miss out on this incredible investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,673
Year Built
- Built in 1900
Parking
- 3 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 2,102 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Utilities
- Boiler Heating System
Community Details
- 4 Units
- Chas W Rohnes Rgt & Bairds Subdivision
Listing and Financial Details
- The owner pays for fuel, sewer, trash collection
- Assessor Parcel Number 0202824240071
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/20/2025 03/20/25 | For Sale | $489,900 | +5.4% | $233 / Sq Ft |
07/27/2023 07/27/23 | Sold | $465,000 | 0.0% | $221 / Sq Ft |
07/03/2023 07/03/23 | Pending | -- | -- | -- |
06/08/2023 06/08/23 | For Sale | $465,000 | -- | $221 / Sq Ft |
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