3551 2nd St NE Minneapolis, MN 55418
Columbia Park NeighborhoodEstimated payment $2,390/month
Total Views
5,188
7
Beds
3
Baths
2,415
Sq Ft
$145
Price per Sq Ft
Highlights
- Community Garden
- Baseboard Heating
- 4-minute walk to Hi-View Park
- Patio
About This Home
This income-producing duplex in Columbia Heights is an excellent addition to any investment portfolio. Conveniently located near the Mississippi River, it offers a blend of suburban charm and accessibility. The lower level was recently finished adding a family room, bedroom, and bathroom to the lower unit. Each unit is equipped with in-unit laundry facilities, a sought-after amenity for renters. The tenants also take care of snow removal and lawn maintenance, which minimizes management responsibilities. This duplex represents a solid opportunity for investors looking to expand their real estate holdings with minimal day-to-day involvement.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,383
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 40.00 x 128.00
- Chain Link Fence
Parking
- On-Street Parking
Home Design
- Duplex
- Pitched Roof
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Window Egress
Outdoor Features
- Patio
Utilities
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0202924220142
Community Details
Overview
- 2 Units
- Columbia Heights Add Subdivision
Amenities
- Community Garden
Map
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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 | $5,900 | $350,000 | $94,000 | $256,000 |
| 2022 | $5,402 | $319,000 | $73,000 | $246,000 |
| 2021 | $5,105 | $318,000 | $41,000 | $277,000 |
| 2020 | $4,720 | $312,500 | $41,900 | $270,600 |
| 2019 | $4,211 | $267,000 | $27,900 | $239,100 |
| 2018 | $3,833 | $232,000 | $27,900 | $204,100 |
| 2017 | $3,440 | $183,500 | $25,400 | $158,100 |
| 2016 | $3,085 | $159,500 | $25,400 | $134,100 |
| 2015 | $2,810 | $138,500 | $25,400 | $113,100 |
| 2014 | -- | $133,000 | $25,400 | $107,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | For Sale | $350,000 | -- | $145 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $335,000 | Titlesmart Inc | |
| Warranty Deed | -- | Burnet Title | |
| Foreclosure Deed | $79,300 | -- | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $110,000 | -- | |
| Warranty Deed | $113,850 | -- | |
| Deed | $335,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $251,250 | Commercial | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Closed | $251,250 | No Value Available |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6717266
APN: 02-029-24-22-0142
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