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  • $499,000

    1903 Elliot Ave, Minneapolis, MN 55404

    6beds
    3baths
    3,186sqft
    Triplex
    Built in 1909
    -- sqft lot
    $498,300 Zestimate®
    $157/sqft
    $1,694 Estimated rent

    Home value

    $498,300

    $463,000 - $533,000

    $1,694/mo

    Zestimate® history
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    $1,694/mo

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    $1,694/mo

    Rent Zestimate®

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    $3,146/mo

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    $3,146/mo

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    What's special

    Newly fenced backyardNew flooringAll new above-ground plumbingModern lightingNew appliancesThree newer boilers
    Turnkey and extensively updated, this Minneapolis triplex offers a rare opportunity for both investors and owner-occupants. Nearly every major system, roof and finishes has been updated within the past year. All three units feature updated kitchens with quartz countertops, new appliances, bathrooms, new flooring, modern lighting. Major mechanical upgrades include three newer boilers, replacement of approximately 90% of the radiators, and all new above-ground plumbing, giving peace of mind for years to come. The property offers a versatile unit mix of a 3-bedroom, a 2-bedroom, and a 1-bedroom plus den, allowing flexibility for a variety of tenants or an owner-occupant strategy. Additional features include a 3-car garage, full basement for storage and utilities, and a newly fenced backyard. With extensive improvements already completed and a desirable unit mix, this is a solid investment opportunity in Minneapolis with strong rental potential and minimal Cap Ex.

    Zillow last checked:

    Listing updated:

    Listed by:

    Garrett Gordon 970-571-3904,

    Side by Side Realty LLC

    Bought with:

    Mirian Molina

    Molina Realtors

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7030855MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Heating
    • Boiler
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 3,186
    • Total interior livable area: 3,186 sqft
    • Finished area above ground: 2,318
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached Garage
    • Garage spaces: 3
    • Details: Garage Dimensions (35x20)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: More Than 2 Stories
    • Fencing: Wood
    Lot
    • Size: 5,662 sqft
    • Dimensions: 43 x 138
    Details
    • Foundation area: 1268
    • Parcel number: 2602924340066
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Roof: Age 8 Years or Less
    Condition
    • New construction: No
    • Year built: 1909

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: J S & W Elliots Add

    Price history

    DateEventPrice
    5/28/2026Sold$499,000$157/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7030855 Report a problem
    5/5/2026Pending sale$499,000$157/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7030855 Report a problem
    4/1/2026Price change$499,000-3.1%$157/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7030855 Report a problem
    3/5/2026Listed for sale$515,000+5.3%$162/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7030855 Report a problem
    10/3/2022Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6257581 Report a problem
    9/7/2022Listed for sale$489,000$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6257581 Report a problem
    8/1/2022Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6216038 Report a problem
    6/21/2022Price change$489,000-2%$153/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6216038 Report a problem
    6/14/2022Listed for sale$499,000+46.8%$157/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6216038 Report a problem
    3/14/2022Sold$340,000$107/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,371 +14%$465,900 +1.5%
    2024$7,343 -0.6%$459,000
    2023$7,390 +7.9%$459,000
    2022$6,847 +19.6%$459,000 +13.9%
    2021$5,726 -1.1%$403,000 +15%
    2020$5,789 +1.1%$350,500 +7%
    2019$5,726 -1.1%$327,500 +10.1%
    2018$5,789 +15.2%$297,500 +20.9%
    2017$5,024 +7.4%$246,000
    2016$4,676 -3.1%$246,000 +15%
    2015$4,823 +9.4%$214,000 +10%
    2014$4,410 -1.8%$194,500 -4.9%
    2013$4,491 +2.8%$204,500
    2012$4,370 -0.5%$204,500 -5.1%
    2011$4,394 +3.1%$215,500 -10%
    2010$4,262 -14.6%$239,500 -13.7%
    2009$4,992 +97%$277,400 +65.3%
    2006$2,533 +32.6%$167,800 +28.3%
    2005$1,910 +24.1%$130,800 +30.7%
    2004$1,539 +11.4%$100,100 +24.3%
    2002$1,382 -30%$80,500
    2001$1,974 --

    Find assessor info on the county website

    Neighborhood: Ventura Village

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $498,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $498,300