This exceptional duplex stands out with its unique third-floor Accessory Dwelling Unit (ADU), ideal for an owner-occupant or for combining the second and third floors into a larger rental unit. The property boasts two boilers, two water heaters, and two electrical panels. Each unit also features its own porch, and the large two-car garage at the back can be rented out separately. The basement offers laundry facilities and ample storage for tenants, complemented by an additional shed for outdoor equipment or extra storage. The main floor unit has been tastefully updated. Both units showcase large spaces with tall ceilings, hardwood floors, built-in buffets, pocket doors, kitchen pantries, and large foyers, among other features. The location can't be beat, everything your tenant could need is only a few blocks away which includes the metro bus line.
Closed
Street View
$468,000
2541 Grand Ave S, Minneapolis, MN 55405
5beds
3baths
4,140sqft
Triplex
Built in 1906
-- sqft lot
$487,400 Zestimate®
$113/sqft
$2,403 Estimated rent
Home value
$487,400
$448,000 - $531,000
$2,403/mo
Zestimate® history
Owner options
List your home for rent
$2,403/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,403/mo
Rent Zestimate®
Refinance and save
$2,940/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,940/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Hardwood floorsLarge foyersPocket doorsLaundry facilitiesLarge two-car garageKitchen pantriesBuilt-in buffets
Zillow last checked:
Listing updated:
Listed by:
Alexander D Boylan 612-242-9318,
eXp Realty,
Christine Longe 612-568-7121
Bought with:
Cathryn Perinovic
Curated Realty Group
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6577914
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Boiler, Hot Water
Appliances
- Laundry: In Basement, In Unit
Features
- Basement: Block,Daylight,Full
Interior area
- Total structure area: 4,140
- Total interior livable area: 4,140 sqft
- Finished area above ground: 3,048
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Gravel
- Garage spaces: 2
- Details: Garage Dimensions (15x17)
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Front Porch, Patio, Porch, Rear Porch
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 6,098 Square Feet
- Dimensions: 40 x 130
- Features: Near Public Transit
Details
- Foundation area: 1146
- Parcel number: 3402924230006
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Age 8 Years or Less,Asphalt,Pitched
Condition
- New construction: No
- Year built: 1906
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected, City Sewer - In Street
- Water: City Water/Connected, City Water - In Street
Community & HOA
Community
- Subdivision: Auditors Sub 214
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $113/sqft
- Tax assessed value: $450,000
- Annual tax amount: $6,513
- Date on market: 7/31/2024
- Cumulative days on market: 76 days
- Tenant pays: Cable TV, Electricity, Fuel
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2024 | Sold | $468,000-1.5%$113/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6577914 Report a problem | ||
| 10/15/2024 | Pending sale | $474,900$115/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6577914 Report a problem | ||
| 7/31/2024 | Listed for sale | $474,900+66.6%$115/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6577914 Report a problem | ||
| 9/13/2007 | Sold | $285,000$69/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1822737 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,686 +2.6% | $450,000 -1.3% |
| 2024 | $6,514 +0.1% | $456,000 -8.8% |
| 2023 | $6,504 +7.4% | $500,000 +1% |
| 2022 | $6,055 -2.6% | $495,000 +13.3% |
| 2021 | $6,220 -0.3% | $437,000 -5.9% |
| 2020 | $6,236 +0.3% | $464,500 +8% |
| 2019 | $6,220 -0.3% | $430,000 +5% |
| 2018 | $6,236 +18.1% | $409,500 +24.3% |
| 2017 | $5,281 +6.2% | $329,500 +9.7% |
| 2016 | $4,970 +7.3% | $300,500 +11.3% |
| 2015 | $4,633 +7.4% | $270,000 +14.9% |
| 2014 | $4,313 +8.8% | $235,000 |
| 2013 | $3,963 +2.6% | $235,000 |
| 2012 | $3,862 -7% | $235,000 -8.7% |
| 2011 | $4,152 +15% | $257,500 |
| 2010 | $3,611 -11.6% | $257,500 -9.6% |
| 2009 | $4,083 +28.2% | $285,000 +26.1% |
| 2006 | $3,185 +12.8% | $226,000 +19.1% |
| 2005 | $2,824 +18.3% | $189,700 +25.1% |
| 2004 | $2,388 +19.4% | $151,600 +20.1% |
| 2002 | $1,999 -60.9% | $126,200 |
| 2001 | $5,117 | -- |
Find assessor info on the county website
Neighborhood: Whittier
Nearby homes
- $---- bd1 ba750 sqft2541 Grand Ave S #3, Minneapolis, MN 55405Off Market
- $--2 bd1 ba1.1k sqft2541 Grand Ave S #2, Minneapolis, MN 55405Off Market
- $--1 bd1 ba540 sqft2545 Grand Ave S #3, Minneapolis, MN 55405Off Market
- $497,3004 bd2 ba2.3k sqft2537 Grand Ave S, Minneapolis, MN 55405Off Market
- $282,9002 bd1 ba1.1k sqft2539 Grand Ave S, Minneapolis, MN 55404Off Market
- $245,3002 bd1 ba1.1k sqft2539 Grand Ave S #1, Minneapolis, MN 55405Off Market
- $429,0002 bd1 ba1.1k sqft2545 Grand Ave S, Minneapolis, MN 55405Off Market
- $245,3002 bd1 ba1.1k sqft2537 Grand Ave S #1, Minneapolis, MN 55405Off Market
Nearby schools
GreatSchools rating
- 2/10Whittier InternationalGrades: PK-5Distance: 0.1 mi
- NAAndersen CommunityGrades: PK-8Distance: 1.2 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 2.1 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$487,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$487,400
- Minnesota
- Hennepin County
- Minneapolis
- 55405
- Whittier
- 2541 Grand Ave S
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Minneapolis Topics
