Centrally located duplex with 2 open floor plan 3 bedroom units. Each unit features spacious kitchens with ample counter space and storage. Great property for an owner occupant or an investor. Conveniently located near MCAD, tons of restaurants, the MIA, and so much more! New roof in 2023, hardwood floors, fresh paint, updated vinyl windows & low maintenance siding. Laundry in upper unit and basement. Potential to add more finished square footage on the 3rd floor. Extra storage in the basement. 2 car garage with an electric opener. Separate 100 Amp electrical service for each unit. This property is move in ready and has lots of potential to add some sweat equity!
Closed
$410,000
2428 1st Ave S, Minneapolis, MN 55404
6beds
2baths
2,688sqft
Multi Family
Built in 1900
-- sqft lot
$439,500 Zestimate®
$153/sqft
$1,961 Estimated rent
Home value
$439,500
$413,000 - $466,000
$1,961/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Korla L Molitor 320-291-0536,
Lakes Area Realty
Bought with:
Christopher J Friend
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6566639
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Basement, In Unit
Features
- Basement: Partial,Storage Space
Interior area
- Total structure area: 2,688
- Total interior livable area: 2,688 sqft
- Finished area above ground: 2,688
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
- Details: Garage Dimensions (20 X 18)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Front Porch
- Pool features: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 125 x 49
- Features: Tree Coverage - Light
Details
- Foundation area: 664
- Parcel number: 3402924130042
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Concrete, Stone
- Foundation: Stone
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Cochrans Add
HOA
- Amenities included: Porch
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $339,700
- Annual tax amount: $2,503
- Date on market: 7/11/2024
- Cumulative days on market: 7 days
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2024 | Sold | $410,000+12.3%$153/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6566639 Report a problem | ||
| 7/20/2024 | Pending sale | $365,000$136/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6566639 Report a problem | ||
| 7/13/2024 | Listed for sale | $365,000+134%$136/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6566639 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/16/2014 | Listing removed | $1,200 |
Source: Owner Report a problem | ||
| 10/9/2014 | Listed for rent | $1,200 |
Source: Owner Report a problem | ||
| 7/30/2009 | Sold | $156,000-60.8%$58/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1690425 Report a problem | ||
| 11/23/2005 | Sold | $398,000+24.4%$148/sqft |
Source: Public Record Report a problem | ||
| 4/24/2002 | Sold | $320,000$119/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,264 -49.5% | $339,700 -0.1% |
| 2024 | $2,503 -0.4% | $340,000 -7.4% |
| 2023 | $2,513 -28.7% | $367,000 +0.8% |
| 2022 | $3,524 +5.8% | $364,000 +7.4% |
| 2021 | $3,332 -43.7% | $339,000 +4.6% |
| 2020 | $5,922 +77.7% | $324,000 -3.3% |
| 2019 | $3,332 -43.7% | $335,000 +5% |
| 2018 | $5,922 +16.4% | $319,000 +15% |
| 2017 | $5,089 -2.2% | $277,500 +8.6% |
| 2016 | $5,201 +5.3% | $255,500 +20% |
| 2015 | $4,941 +14.3% | $213,000 +6.8% |
| 2014 | $4,323 +3.6% | $199,500 +5% |
| 2013 | $4,173 +2.8% | $190,000 |
| 2012 | $4,061 -0.4% | $190,000 -5% |
| 2011 | $4,078 -20.4% | $200,000 -30.6% |
| 2010 | $5,125 -7.7% | $288,000 -6.6% |
| 2009 | $5,550 -36.9% | $308,500 +20.2% |
| 2006 | $8,794 +105.9% | $256,600 +15% |
| 2005 | $4,270 +12.6% | $223,200 +16.4% |
| 2004 | $3,793 +86.7% | $191,800 +104.9% |
| 2002 | $2,032 -46.2% | $93,600 |
| 2001 | $3,775 | -- |
Find assessor info on the county website
Neighborhood: Whittier
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Nearby schools
GreatSchools rating
- 2/10Whittier InternationalGrades: PK-5Distance: 0.4 mi
- NAAndersen CommunityGrades: PK-8Distance: 1 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$439,500
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Estimated market value
$439,500
- Minnesota
- Hennepin County
- Minneapolis
- 55404
- Whittier
- 2428 1st Ave S
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