$250,000
$244,900
2.1%For more information regarding the value of a property, please contact us for a free consultation.
3019 Emerson AVE N Minneapolis, MN 55411
2,200 SqFt
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $113
Subdivision Silver Lake Add
MLS Listing ID 6674791
Sold Date 04/21/25
Year Built 1921
Annual Tax Amount $3,391
Tax Year 2024
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions Irregular
Property Sub-Type Duplex Up and Down
Property Description
Nicely Maintained Duplex in Rapidly Appreciating Area! Check out the list of community improvements planned for 2025! Investors and owner-occupants, don't miss this large two-story duplex, perfect for expanding your portfolio or generating rental income! With a Tier 1 rental license, which is a well-maintained property, requires minimal city intervention, and is the least expensive, and strong 1% investment rule, this property delivers instant cash flow with total rents of $2,970/month. Both units feature 2 bedrooms, 1 bath, and large living spaces, providing comfortable layouts for tenants or owner-occupants. New roof (2024) and fresh exterior paint (2024) for enhanced curb appeal and value. Each unit has separate utilities, ensuring ease of management and cost control. With property values increasing in North Minneapolis, this is a smart investment in a
high-growth area.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Parking Lot, Open
Fence None
Roof Type Age Over 8 Years
Building
Story Two
Foundation 1100
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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