BEDS0
BATHS
SQUARE FEET1,776
MLS#7080138
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPayne & Hendersons Sub Morrisons
SCHOOLMinneapolis
Property Description
Exceptional investment opportunity in Minneapolis' growing Hawthorne neighborhood! This well-maintained duplex is ideal for both owner-occupants and investors seeking strong cash flow and long-term appreciation. Major updates completed in 2021-2022 include a new roof, furnace, water heater, walkway, stairs, and retaining wall, providing peace of mind and reduced maintenance costs for years to come. The property is currently generating solid rental income, with Unit 1 rented at $1,250/month and Unit 2 rented at $1,575/month.Located in an area experiencing significant reinvestment and growth, this property is surrounded by new development activity, including a brand-new construction duplex valued at approximately $450,000 being built next door. Additional new construction projects have recently been completed nearby, further enhancing the neighborhood's appeal and future value. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a stable, income-producing asset to your portfolio, this duplex offers a rare combination of cash flow, updates, and upside potential. Don't miss your chance to own in one of North Minneapolis' emerging neighborhoods!
Property Features
Property Type: Multi Unit - Multiple
Basement: Block
Garage: 2
Heating: Forced Air
Lot Size: 0.10 Acres
Taxes: $3,893
Year Built: 1906
Feature Descriptions
Days on Site: 2
Exterior: Block
Foundation Size: 779
Lot Dimensions: 28x158
Owners Expense: Common Area Maintenance, Insurance, Grounds Care, Repairs, Pest Control, Security, Taxes
Parcel#: 1002924320138
Parking: Detached Garage
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Fuel, Gas, Heat, Hot Water
Units: 2
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Integrity Lakes
Agency Phone: 612-821-7400
Shown By
Agent Name: Joel Hentges
Agent Phone: (952) 475-9541
Agency Title: Joel Hentges - Re/Max Advantage Plus
Estimate Your Payment
Estimated Payment
$ 1,092.17 per month $678.80 Principal & Interest $324.42 Property Tax $88.96 Homeowner's InsuranceChange Payment Information
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2915 N 3rd Street | MLS# 7080138
This multi-family property located at 2915 N 3rd Street , Minneapolis, MN 55411 is currently listed for sale with an asking price of $305,000. N 3rd Street is located within the Minneapolis school district. Search Minneapolis real estate on jhentges.homesbyjoel.com today.