3434 Oliver Ave N Minneapolis, MN 55412
Folwell NeighborhoodEstimated payment $1,945/month
About This Home
Discover an excellent investment or owner-occupant opportunity with this up-down duplex located in Minneapolis’s desirable Folwell neighborhood. Offering a total of 1,864 finished square feet, this property features two spacious 3-bedroom, 1-bath units, each designed for comfortable living and long-term rental appeal. The upper unit is currently vacant, providing the perfect chance for a new owner to move in and enjoy immediate rental income from the lower unit, which currently rents for $$1750 per month. Both units share convenient on-site laundry in the basement and benefit from a large three-car off-street parking area—a rare find in the city. Residents will love the prime location, just two blocks from a public transit route and within walking distance of local parks, shops, and restaurants. The property’s proximity to everyday amenities and recreation makes it an attractive option for tenants and owners alike. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the other, this Folwell duplex is a standout opportunity in a growing rental market. Owner selling as is. All showings for lower occupied unit will need a 24 hour notice prior to showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,742
Year Built
- Built in 1913
Interior Spaces
- 1,864 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Basement
- Block Basement Construction
- Laundry in Basement
Additional Features
- Front Porch
- Lot Dimensions are 39x128
- Boiler Heating System
Community Details
- 2 Units
- Egberts Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0902924220084
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 |
|---|---|---|---|---|
| 2024 | $4,742 | $262,000 | $18,000 | $244,000 |
| 2023 | $3,778 | $238,000 | $16,000 | $222,000 |
| 2022 | $3,877 | $234,000 | $13,000 | $221,000 |
| 2021 | $4,702 | $230,000 | $10,000 | $220,000 |
| 2020 | $3,744 | $230,000 | $11,000 | $219,000 |
| 2019 | $3,116 | $195,000 | $7,300 | $187,700 |
| 2018 | $2,474 | $162,500 | $7,300 | $155,200 |
| 2017 | $2,441 | $118,500 | $6,600 | $111,900 |
| 2016 | $2,306 | $107,500 | $6,600 | $100,900 |
| 2015 | $1,874 | $93,500 | $6,600 | $86,900 |
| 2014 | -- | $86,500 | $6,600 | $79,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | Price Changed | $295,000 | -4.8% | $158 / Sq Ft |
| 11/17/2025 11/17/25 | Price Changed | $310,000 | -2.8% | $166 / Sq Ft |
| 10/29/2025 10/29/25 | For Sale | $319,000 | -- | $171 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $290,000 | Titlesmart Inc | |
| Warranty Deed | $177,500 | None Available | |
| Foreclosure Deed | $42,000 | -- | |
| Warranty Deed | $234,500 | -- | |
| Warranty Deed | $207,000 | -- | |
| Warranty Deed | $67,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $217,500 | New Conventional |
Source: NorthstarMLS
MLS Number: 6807588
APN: 09-029-24-22-0084
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