Property Listing
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 Information
Status: Active
Sub Type: ********
List Price: $305,000
MLS#: 7080138
Current Price: $305,000
Address: 2915 N 3rd Street, Minneapolis, MN 55411
City: Minneapolis
State: MN
Postal Code: 55411
Geo Lat: 45.010027
Geo Lon: -93.283805
Subdivision: Payne & Hendersons Sub Morrisons
County: Hennepin
Property Description
Year Built: 1906
Lot Size SqFt: 4356
Gen Tax: 3893
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area: 1776
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 2555
Style: Array
Total Bedrooms: 4
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: