Three units - 3 bedroom/2bedroom each/3 car detached garage. Great cash flow with full rental or owner occupied w/rental. Please note Seller Disclosure Alt. Addendum as owner/agent has never occupied the property. Buyer and agent to verify all measurements.
Unit 101: $1870/month to month lease
Unit 102: $1850/month to month lease
Unit 103: $1850/month, 12 month lease
Closed
$560,000
2440 Portland Ave, Minneapolis, MN 55404
9beds
6baths
4,110sqft
Triplex
Built in 2006
-- sqft lot
$597,800 Zestimate®
$136/sqft
$2,274 Estimated rent
Home value
$597,800
$568,000 - $628,000
$2,274/mo
Zestimate® history
Owner options
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$2,274/mo
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$2,274/mo
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$3,561/mo
Est. payment
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$3,561/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Realty - Lakes
Bought with:
Viet Le
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6482935
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Heating
- Forced Air
Features
- Basement: Egress Window(s),Finished,Full,Single Tenant Access
Interior area
- Total structure area: 4,110
- Total interior livable area: 4,110 sqft
- Finished area above ground: 2,740
- Finished area below ground: 1,370
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 6,098 sqft
- Dimensions: 45.52 x 129.9
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 1600
- Parcel number: 3402924140056
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Concrete
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Goodrichs Add
Price history
| Date | Event | Price |
|---|---|---|
| 3/8/2024 | Sold | $560,000+6.7%$136/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6482935 Report a problem | ||
| 2/6/2024 | Pending sale | $525,000$128/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6482935 Report a problem | ||
| 1/30/2024 | Listed for sale | $525,000+128.3%$128/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6482935 Report a problem | ||
| 9/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/21/2023 | Price change | $1,950+5.4% |
Source: Zillow Rentals Report a problem | ||
| 9/19/2023 | Listed for rent | $1,850 |
Source: Zillow Rentals Report a problem | ||
| 9/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/15/2023 | Listed for rent | $1,850+5.7% |
Source: Zillow Rentals Report a problem | ||
| 8/31/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/16/2022 | Price change | $1,750-5.4% |
Source: Zillow Rental Manager Report a problem | ||
| 8/15/2022 | Price change | $1,850-7.5% |
Source: Zillow Rental Manager Report a problem | ||
| 8/9/2022 | Price change | $2,000+11.1% |
Source: Zillow Rental Manager Report a problem | ||
| 8/1/2022 | Listed for rent | $1,800+50% |
Source: Zillow Rental Manager Report a problem | ||
| 8/15/2015 | Listing removed | $1,200 |
Source: RJ Apartments Report a problem | ||
| 8/12/2015 | Listed for rent | $1,200 |
Source: RJ Apartments Report a problem | ||
| 9/3/2009 | Sold | $230,000-53.4%$56/sqft |
Source: Public Record Report a problem | ||
| 7/14/2006 | Sold | $493,640$120/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,571 +19.6% | $477,100 +1.5% |
| 2024 | $7,166 -18.9% | $470,000 +4.9% |
| 2023 | $8,840 +37.7% | $448,000 +10.1% |
| 2022 | $6,421 +9.2% | $407,000 +7.7% |
| 2021 | $5,881 -5.8% | $378,000 +5% |
| 2020 | $6,240 +6.1% | $360,000 +2% |
| 2019 | $5,881 -5.8% | $353,000 +10% |
| 2018 | $6,240 +27.2% | $321,000 +32.1% |
| 2017 | $4,905 +7.7% | $243,000 +10% |
| 2016 | $4,555 +6.6% | $221,000 -4.9% |
| 2015 | $4,274 -9.4% | $232,500 +9.4% |
| 2014 | $4,717 -3.9% | $212,500 -4.9% |
| 2013 | $4,909 -9% | $223,500 -11.4% |
| 2012 | $5,393 -17.2% | $252,300 -20.8% |
| 2011 | $6,515 +3.4% | $318,500 -10% |
| 2010 | $6,299 -15.9% | $354,000 -15% |
| 2009 | $7,494 | $416,500 |
| 2006 | -- | -- |
| 2005 | $221 -47.6% | -- |
| 2004 | $422 +32.1% | -- |
| 2002 | $320 | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: Phillips West
Nearby schools
GreatSchools rating
- NAAndersen CommunityGrades: PK-8Distance: 0.6 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 1.4 mi
- 2/10Whittier InternationalGrades: PK-5Distance: 0.8 mi
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Estimated market value
$597,800
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Estimated market value
$597,800
- Minnesota
- Hennepin County
- Minneapolis
- 55404
- Phillips West
- 2440 Portland Ave
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