$530,000
SOLD NOV 14, 2022
6 Beds
4 Baths
3,044 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

12% Below List Price

47 Days on Market

Highlights

  • Multiple Garages
  • Patio
  • Forced Air Heating System
  • Burroughs Elementary School Rated A-
  • Parking Storage or Cabinetry
  • 3-minute walk to Elmwood Triangle

About This Home

As of November 2022

Exceptional hard to find Triplex just steps from the Minnehaha Parkway in the highly sought after Tangletown Neighborhood. You or your tenants will love the convenience of being walking distance to some of the most beautiful, picturesque sites along the Minnehaha Creek along with easy access to highways, shopping, restaurants and more! This home features nice large spaces with primarily hardwood floors, 2 garage stalls, a storage shed and has been well taken care of by the same owner for almost 20 years. There have been numerous big ticket updates including new MAC windows/attic insulation in 2009, new roof (2022), 2 new furnaces (2013 and 2019) and many more.

Last Agent to Sell the Property

Todd Ginsberg

RE/MAX Results

RE/MAX Results

Co-Listed By

Robert Day

RE/MAX Results

Last Buyer's Agent

Shannon VonWald-Ramirez

Weichert, Realtors-Advantage

Weichert, Realtors-Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,106

Year Built

  • Built in 1941

Parking

  • 2 Car Garage
  • Multiple Garages
  • Parking Storage or Cabinetry
  • Tuck Under Garage

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Patio
  • Lot Dimensions are 70x70
  • Forced Air Heating System

Community Details

  • 3 Units
  • Johansons Washburn Park Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, fuel
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 1502824340081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,106

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Patio
  • Year Built: 1941
  • Above Grade Finished Sq Ft: 2532
  • Water Sewer Expenses: 1680
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished
  • Living Area: 3044
  • Fireplace: No
  • Below Grade Finished Sq Ft: 512
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Appliances: Dryer,Gas Water Heater,Range
  • Total Rooms: 4
  • Amenities: Patio
  • Appliances: Dryer,Gas Water Heater,Range,Tankless Water Heater
  • Total Rooms: 7
  • Amenities: Patio,Tile Floors
  • Appliances: Dryer,Gas Water Heater,Range
  • Total Rooms: 9

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Block
  • Neighborhood: Tangletown

Garage/Parking

  • Parking Features: Gravel, Multiple Garages, Storage, Tuckunder Garage
  • Garage Square Feet: 462

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 70x70
  • Land Lease: No
  • Lot Features: Tree Coverage - Heavy, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding, Wood Siding
  • Units Total: 3

Rental Info

  • Expenses: 2520.0000

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 1502824340081
  • Tax Annual Amount: 9106
  • TaxWithAssessments: 9106.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Fuel
  • Number Of Refrigerators: Three

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $689,900 +30.2% $227 / Sq Ft
11/14/2022 11/14/22 Sold $530,000 -3.6% $174 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/13/2022 09/13/22 Price Changed $550,000 -4.3% $181 / Sq Ft
08/29/2022 08/29/22 Price Changed $575,000 -4.2% $189 / Sq Ft
08/11/2022 08/11/22 For Sale $599,900 -- $197 / Sq Ft
Source: NorthstarMLS

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 $9,099 $570,000 $199,000 $371,000
2022 $9,449 $575,000 $199,000 $376,000
2021 $9,106 $544,000 $166,000 $378,000
2020 $9,330 $543,500 $115,500 $428,000
2019 $8,718 $522,500 $100,000 $422,500
2018 $7,945 $475,000 $100,000 $375,000
2017 $7,527 $396,500 $90,900 $305,600
2016 $7,420 $379,000 $90,900 $288,100
2015 $7,076 $344,500 $90,900 $253,600
2014 -- $299,500 $90,900 $208,600
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $397,500 New Conventional
Previous Owner $287,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $500 --
Warranty Deed $530,000 --
Warranty Deed $439,500 --
Warranty Deed $347,000 --
Source: Public Records

Similar Homes in Minneapolis, MN

  • 2707 Fremont Ave S, Minneapolis, MN 55408

    $550,000

    • 5 Beds
    • 4 Baths
    • 2,385 Sq Ft
    • 2707 Fremont Ave S
    • Minneapolis, MN

    Fantastic opportunity to own a multi-family property in the East Lowry Hill neighborhood! This property features three distinct units; a cozy studio, a one-bedroom, and a three-bedroom unit, offering flexibility for owner-occupants or investors. Recent updates include a new boiler, new water main, and a newer water heater, ensuring efficiancy and peace of mind. The property also boasts a fenced

    Luke DeLacey Coldwell Banker Realty

    Section Image
  • 735 Madison St NE, Minneapolis, MN 55413

    $550,000

    • 6 Beds
    • 3 Baths
    • 2,624 Sq Ft
    • 735 Madison St NE
    • Minneapolis, MN

    Amazing opportunity for an owner occupied duplex or to add to an investment portfolio. Live in the big unit and the mortgage payment is less than you would have on a $300,000 house when adding in your rental income!Same owner for the past 20 years, not one full month of vacancy over that time! Welcome to 735 NE Madison St, a charming duplex nestled in the heart of Minneapolis, MN.

    Charly Marggraf Compass

    Section Image
  • 3 E Minnehaha Pkwy, Minneapolis, MN 55419

    $499,700

    • 5 Beds
    • 3 Baths
    • 3,279 Sq Ft
    • 3 E Minnehaha Pkwy
    • Minneapolis, MN

    Prime .46 acre lot located in the highly sought after Tangletown neighborhood. Steps from Nicollet Avenue's high traffic corridor. Zoned for Tri-plex(R2B). The existing structure is likely a tear-down and was a single family home conversion to multi-family. Property is occupied! Do Not Trespass/ Do Not Walk property without approval from listing agent.

    Scott Belcher RE/MAX Results

    Section Image
  • 6045 Penn Ave S, Minneapolis, MN 55419

    $540,000

    • 5 Beds
    • 3 Baths
    • 2,833 Sq Ft
    • 6045 Penn Ave S
    • Minneapolis, MN

    This side-by-side duplex offers a fantastic opportunity for both owner-occupants and investors. Unit 1 (6047), which is vacant, features 3 bedrooms, 2 bathrooms, new kitchen cabinets and countertops, freshly painted walls, and new carpet in the downstairs living room and bedroom. Unit 2 (6045) is occupied by long-term tenants, offering the same layout with 3 bedrooms and 2 bathrooms, along with

    Dan Olson Renters Warehouse

    Section Image
  • 3708 Park Ave, Minneapolis, MN 55407

    $489,999

    • 4 Beds
    • 3 Baths
    • 3,000 Sq Ft
    • 3708 Park Ave
    • Minneapolis, MN

    This well-maintained property features beautiful woodwork and peaceful park views. The main floor unit offers an updated kitchen and bath, plus a one-year-old washer and dryer. The upstairs unit boasts an updated bath, gorgeous kitchen cabinets, and plenty of natural sunlight. Both units feature fireplaces for cozy evenings.The downstairs tenants have been long-term residents for nearly four

    Verne Betlach Bridge Realty, LLC

    Section Image
  • 3509 Bryant Ave S, Minneapolis, MN 55408

    $475,000

    • 6 Beds
    • 3 Baths
    • 2,921 Sq Ft
    • 3509 Bryant Ave S
    • Minneapolis, MN

    This Up / Down duplex in South Uptown is your perfect opportunity for owner occupancy or an addition to your investment portfolio. Own and occupy the main level for less than what you would pay in rent, and if you are an investor, the numbers are favorable for today’s market. The main floor unit has two bedrooms and one bathroom, and the upper unit is two-stories with four bedrooms and two

    Shae Hanson Keller Williams Realty Integrity Lakes

    Section Image
  • 3439 - 3441 Colfax Ave S, Minneapolis, MN 55408

    $600,000

    • 6 Beds
    • 3 Baths
    • 3,848 Sq Ft
    • 3439 - 3441 Colfax Ave S
    • Minneapolis, MN

    Beautiful Lakes area property available for the first time in over 30 years just 9 blocks to the Rose Gardens at Lake Harriet, 8 blocks to Bde Maka Ska and all the beaches and paved paths around the lakes. Enjoy free concerts at the Lake Harriet Bandshell and boat and bike rentals. Legal Duplex with an extra third floor apartment. Meticulously maintained and updated including new windows and

    Mark Burke RE/MAX Results

    Section Image
  • 3148 Pleasant Ave, Minneapolis, MN 55408

    $525,000

    • 8 Beds
    • 3 Baths
    • 3,000 Sq Ft
    • 3148 Pleasant Ave
    • Minneapolis, MN

    Welcome to this beautifully updated triplex located in the Lyndale neighborhood of Minneapolis. Featuring two well maintained units on the main level and a massive upper-level unit, each thoughtfully renovated with modern kitchens, stylish bathrooms, updated appliances, and fresh paint throughout. The lower two units are currently occupied by reliable, month-to-month tenants, providing immediate

    Graham Smith Keller Williams Realty Integrity Lakes

    Section Image
  • 3509 17th Ave S, Minneapolis, MN 55407

    $549,900

    • 8 Beds
    • 4 Baths
    • 2,520 Sq Ft
    • 3509 17th Ave S
    • Minneapolis, MN

    Charming Stucco 4plex in South Minneapolis, great location close to Powderhorn Park. Eight bedrooms adn four bathrooms, Hardwood floors, Front Screened porches. On a dedicated bicycle route. Each unit has off street parking spot in the back. Gas and Electric are separately metered for each unit. Each unit has their own boiler. Coin-op laundry in the basement. New Windows in unit #1. See document

    Tim Krey Real Estate Masters, Ltd.

    Section Image

Source: NorthstarMLS

MLS Number: 6247760

NorthstarMLS

APN: 15-028-24-34-0081