3339 Aldrich Ave N Minneapolis, MN 55412
McKinley NeighborhoodEstimated payment $1,854/month
About This Home
Welcome to this income-producing duplex! The lower unit is designed with the owner-occupant in mind. It features a spacious layout, hardwood floors, large kitchen and 2 nice porch areas. The upper unit presents an exceptional opportunity for generating income. With its separate entrance and distinct living space, it offers privacy and independence. Investors will appreciate its potential for rental income. This property recently completed MPLS lead abatement program with $40k improvements in new windows, paint projects, etc. In addition, new roof in 2019 and new garage doors installed 2023. With separate utilities, each unit offers independent control and cost management. Conveniently located in Mpls, residents will enjoy easy access to public transportation, parks, and downtown, while maintaining a peaceful neighborhood atmosphere. The property's income-generating potential, coupled with its desirable features and separate utilities, makes it an excellent investment opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,340
Year Built
- Built in 1898
Lot Details
- Lot Dimensions are 46x126
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,700 Sq Ft Home
- 2-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- 100 Amp Service
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for insurance, taxes, trash collection
- Assessor Parcel Number 0902924140019
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 |
|---|---|---|---|---|
| 2023 | $3,440 | $215,000 | $17,000 | $198,000 |
| 2022 | $3,177 | $193,000 | $14,000 | $179,000 |
| 2021 | $2,900 | $187,000 | $12,000 | $175,000 |
| 2020 | $2,915 | $177,500 | $8,300 | $169,200 |
| 2019 | $2,542 | $150,500 | $5,500 | $145,000 |
| 2018 | $2,207 | $125,500 | $5,500 | $120,000 |
| 2017 | $2,005 | $92,000 | $5,000 | $87,000 |
| 2016 | $2,068 | $92,000 | $5,000 | $87,000 |
| 2015 | $1,703 | $80,000 | $5,000 | $75,000 |
| 2014 | -- | $76,000 | $7,100 | $68,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $280,000 | +522.2% | $165 / Sq Ft |
| 09/25/2013 09/25/13 | Sold | $45,000 | -24.9% | $31 / Sq Ft |
| 09/06/2013 09/06/13 | Pending | -- | -- | -- |
| 06/03/2013 06/03/13 | For Sale | $59,900 | -- | $41 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $261,470 | Titlesmart | |
| Deed | $45,000 | -- | |
| Limited Warranty Deed | -- | First Financial Title Agency | |
| Sheriffs Deed | $122,516 | -- | |
| Sheriffs Deed | $122,516 | None Available | |
| Warranty Deed | $155,000 | -- | |
| Warranty Deed | $105,500 | -- | |
| Warranty Deed | $185,000 | -- | |
| Warranty Deed | $27,500 | -- | |
| Warranty Deed | $105,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6765439
APN: 09-029-24-14-0019
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