Huge opportunity for investor or owner occupant. Beautifully updated side by side duplex located in prime rental area in the heart of the “Wedge” area of Minneapolis between Hennepin and Lyndale. Close to Uptown and Lakes with easy access to public transportation. Main floor features beautifully updated kitchens with quartz counters, subway tile backsplash and stainless appliances. Stunning original hardwood floors/millwork. 2nd floors have updated full baths and 2 bedrooms with additional space for office in primary bedroom. 3rd floor features bedroom with additional office/storage/closet space. All windows replaced with energy efficient dual pane replacements in 2019. Yard is fenced with storage shed and deck. Units rent for $2150/month. One unit currently vacant and other has tenant with one year lease. Parking spaces
Closed
$527,760
2702 Aldrich Ave S, Minneapolis, MN 55408
6beds
2baths
3,064sqft
Multi Family
Built in 1906
-- sqft lot
$553,900 Zestimate®
$172/sqft
$2,535 Estimated rent
Home value
$553,900
$526,000 - $582,000
$2,535/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Gregory W Lawrence 612-716-9473,
HomeAvenue Inc
Bought with:
Scott Hoefler
Side by Side Realty LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6436285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Boiler, Radiator
Appliances
- Laundry: In Basement, Electric Dryer Hookup
Features
- Basement: Full
Interior area
- Total structure area: 3,064
- Total interior livable area: 3,064 sqft
- Finished area above ground: 3,064
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Guest, Other, Paved Lot
- Carport spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Deck, Patio
- Fencing: Partial,Wood
Lot
- Size: 5,662 Square Feet
- Dimensions: 67 x 85
- Features: Irregular Lot, Tree Coverage - Light
Details
- Foundation area: 1274
- Parcel number: 3302924410051
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Age 8 Years or Less,Asphalt,Pitched
Condition
- New construction: No
- Year built: 1906
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Channell & Haywoods Add
HOA
- Amenities included: None
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $466,400
- Annual tax amount: $6,438
- Date on market: 9/20/2023
- Cumulative days on market: 78 days
- Tenant pays: Cable TV, Electricity, Fuel, Grounds Care
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2023 | Sold | $527,760+0.5%$172/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6436285 Report a problem | ||
| 12/7/2023 | Pending sale | $524,999$171/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6436285 Report a problem | ||
| 9/20/2023 | Listed for sale | $524,999+31.2%$171/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6436285 Report a problem | ||
| 8/23/2017 | Sold | $400,000$131/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,071 -15% | $466,400 -2.8% |
| 2024 | $8,324 +3.4% | $480,000 -6.8% |
| 2023 | $8,054 +24.5% | $515,000 +5.1% |
| 2022 | $6,471 +3.6% | $490,000 +4.9% |
| 2021 | $6,247 -2.1% | $467,000 +0.1% |
| 2020 | $6,381 +2.1% | $466,500 +6% |
| 2019 | $6,247 -2.1% | $440,000 -11.6% |
| 2018 | $6,381 -5.2% | $497,500 +27.7% |
| 2017 | $6,732 -13.5% | $389,500 +20% |
| 2016 | $7,782 +15.1% | $324,500 +15.1% |
| 2015 | $6,759 +8.8% | $282,000 +11.9% |
| 2014 | $6,210 +7.6% | $252,000 |
| 2013 | $5,774 +6.2% | $252,000 |
| 2012 | $5,435 -5.3% | $252,000 -9.7% |
| 2011 | $5,738 +2.9% | $279,000 -10% |
| 2010 | $5,576 -11.5% | $310,000 -10.8% |
| 2009 | $6,303 +41.5% | $347,500 +37.4% |
| 2006 | $4,454 +19% | $252,900 +23.2% |
| 2005 | $3,741 +15.2% | $205,200 +25.4% |
| 2004 | $3,246 +19.5% | $163,600 +22.4% |
| 2002 | $2,717 -50.1% | $133,700 |
| 2001 | $5,448 | -- |
Find assessor info on the county website
Neighborhood: Lowry Hill East
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Nearby schools
GreatSchools rating
- 2/10Whittier InternationalGrades: PK-5Distance: 0.3 mi
- NAAndersen CommunityGrades: PK-8Distance: 1.5 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 2.3 mi
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Estimated market value
$553,900
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Estimated market value
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- Minnesota
- Hennepin County
- Minneapolis
- 55408
- Lowry Hill East
- 2702 Aldrich Ave S
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