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    • $381,000

    2518 3rd St NE, Minneapolis, MN 55418

    3beds
    2baths
    1,665sqft
    Multi Family
    Built in 1927
    -- sqft lot
    $399,600 Zestimate®
    $229/sqft
    $2,016 Estimated rent

    Home value

    $399,600

    $380,000 - $420,000

    $2,016/mo

    Zestimate® history
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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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard S Webb 612-221-7435,

    RE/MAX Results

    Bought with:

    Keller Williams Classic Rlty NW

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6416842MLS Logo

    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 Square Feet
    • 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 & HOA

    Community
    • Subdivision: B S Wrights Add
    HOA
    • Amenities included: Laundry, Coin-op Laundry Owned
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $229/sqft
    • Tax assessed value: $388,800
    • Annual tax amount: $4,951
    • Date on market: 8/30/2023
    • Cumulative days on market: 17 days
    • Tenant pays: Cable TV, Grounds Care, Snow Removal

    Price history

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

    Public tax history

    YearProperty taxesTax 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 --
    Find assessor info on the county website

    Neighborhood: Marshall Terrace

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    Estimated market value
    $399,600
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    Estimated market value
    $399,600

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