Closed

$381,000

2518 3rd St NE, Minneapolis, MN 55418

3beds

2baths

1,665sqft

Multi Family

Built in 1927

-- sqft lot

$410,400 Zestimate^®

$229/sqft

$2,151 Estimated rent

Home value

$410,400

$390,000 - $431,000

$2,151/mo

Zestimate^® history

Owner options

List your home for rent

$2,151/mo

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$2,151/mo

Rent Zestimate^®

Refinance and save

$2,393/mo

Est. payment

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$2,393/mo

Est. payment

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What's special

Sleek renoBrand-new central acHorizontal wood privacy fenceNew windowsNew carpetExtra parking padSmart wi-fi-enabled light fixtures

Check out this amazing duplex located in the high demand NE arts district that's perfect if you're thinking about becoming an owner-occupant or as a full investment property. We're talking major upgrades in the last 4 years like a new, modern, horizontal wood privacy fence, extra parking pad, and even a dog-run for your fur baby. The upstairs unit is fully renovated with new windows, a sleek reno of the GIANT bathroom, and new carpet. Downstairs? We've got you covered with a high-tech dishwasher, smart Wi-Fi-enabled light fixtures and door locks, and a bathroom that's straight out of a design blog. Downstairs unit has a lease in place until July 31, 2024 for $2130/month. Both units have brand-new central AC, fresh paint, and there's even a coin-op laundry in the basement. Original woodwork gives the place character, and there's tons of storage space. Plus, you'll have plenty of parking, including a two-car garage.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air

Appliances

Laundry: In Basement, Common Area, Coin-op Laundry Owned

Features

Basement: Full,Storage/Locker,Unfinished

Interior area

Total structure area: 1,665
Total interior livable area: 1,665 sqft
Finished area above ground: 1,665
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached Garage, Concrete, Driveway - Other Surface, Garage Door Opener
Garage spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Patio & porch: Deck, Front Porch
Pool features: None
Fencing: Full,Privacy,Wood

Lot

Size: 7,405 sqft
Dimensions: 46 x 157
Features: Tree Coverage - Medium

Details

Foundation area: 1088
Parcel number: 1102924230092

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Stone

Condition

New construction: No
Year built: 1927

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service, Power Company: Xcel Energy
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & neighborhood

Location

Region: Minneapolis
Subdivision: B S Wrights Add

Price history

Date	Event	Price
10/13/2023	Sold	$381,000+0.3%$229/sqft
Source: NorthstarMLS as distributed by MLS GRID #6416842 Report a problem
9/21/2023	Pending sale	$380,000$228/sqft
Source: NorthstarMLS as distributed by MLS GRID #6416842 Report a problem
9/4/2023	Listed for sale	$380,000+41.8%$228/sqft
Source: NorthstarMLS as distributed by MLS GRID #6416842 Report a problem
12/18/2019	Sold	$268,000-2.5%$161/sqft
Source: NorthstarMLS as distributed by MLS GRID #5296141 Report a problem
11/18/2019	Listed for sale	$275,000$165/sqft
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5296141 Report a problem
11/18/2019	Pending sale	$275,000$165/sqft
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5296141 Report a problem
10/18/2019	Price change	$275,000-3.5%$165/sqft
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5296141 Report a problem
9/21/2019	Price change	$284,900-3.4%$171/sqft
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5296141 Report a problem
8/2/2019	Price change	$294,900-1.7%$177/sqft
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5222401 Report a problem
7/12/2019	Listed for sale	$299,900+32.7%$180/sqft
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5222401 Report a problem
8/30/2002	Sold	$226,000+20.2%$136/sqft
Source: Public Record Report a problem
8/29/2000	Sold	$188,000$113/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,164 +14%	$388,800 +15%
2024	$5,406 +9.2%	$338,000
2023	$4,951 -3.6%	$338,000 +9.9%
2022	$5,138 +4%	$307,500 +1.7%
2021	$4,941 +6.9%	$302,500
2020	$4,621 -6.5%	$302,500 +20%
2019	$4,941 +6.9%	$252,000 +10%
2018	$4,621 +22%	$229,000 +27.6%
2017	$3,786 +12.5%	$179,500 -2.2%
2016	$3,365 -5.2%	$183,500 +19.9%
2015	$3,549 +14.3%	$153,000 +15%
2014	$3,105 +2.1%	$133,000 -4%
2013	$3,041 -7.6%	$138,500 -10.1%
2012	$3,291 -1.3%	$154,000 -5.8%
2011	$3,334 -5.4%	$163,500 -17.4%
2010	$3,523 -20.1%	$198,000 -19.2%
2009	$4,409 +99.9%	$245,000 +43.9%
2006	$2,206 +18.9%	$170,200 +21.4%
2005	$1,855 +22.6%	$140,200 +26.3%
2004	$1,513 +26.5%	$111,000 +21.6%
2002	$1,196 -47.8%	$91,300
2001	$2,292	--