Explore the 3D tour of this classic South MPLS craftsman 4-plex w/approx. $175,000 in updates & $69,600 in gross annual income. 4 BRAND NEW high efficiency boilers, new double hung windows throughout property including all lower level windows (2013). EPDM roof (2013). Delight in the 3 of 4 units tastefully renovated ($1500 each + $1200 caretaker unit): Open concept kitchens with SS appliances (including dishwashers) & butcher block countertops. New bathrooms include white subway tile tub/shower surrounds. Notice the conservation of the natural built-in buffets & millwork + refinished hardwood floors throughout. Uncommonly available 3 stall garage + one off street parking spot. Shared laundry & loads of storage in the tall, spacious, bright unfinished lower level. C/D (seller financing) available. Make this beauty your new home or add this top-notch condition performer to your portfolio.
Closed
$700,000
2922 3rd Ave S, Minneapolis, MN 55408
8beds
4baths
4,556sqft
Quadruplex
Built in 1923
-- sqft lot
$694,400 Zestimate®
$154/sqft
$1,988 Estimated rent
Home value
$694,400
$646,000 - $750,000
$1,988/mo
Zestimate® history
Owner options
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$1,988/mo
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$1,988/mo
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$4,440/mo
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$4,440/mo
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List your homeWhat's special
Open concept kitchensShared laundryNatural built-in buffetsSs appliancesRefinished hardwood floors throughoutButcher block countertops
Zillow last checked:
Listing updated:
Listed by:
Lisa Farwell 608-217-4585,
Keller Williams Realty Integrity Lakes
Bought with:
Mary Jo Quay
H360 Homes LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6420317
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Boiler, Hot Water, Radiant
Appliances
- Laundry: Common Area, Lower Level
Features
- Basement: Block,Daylight,Full,Concrete,Shared Access,Storage Space,Unfinished
Interior area
- Total structure area: 4,556
- Total interior livable area: 4,556 sqft
- Finished area above ground: 4,556
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage, Concrete
- Garage spaces: 3
- Details: Garage Dimensions (36 x 23)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Patio
- Fencing: Chain Link,Full
Lot
- Size: 5,662 sqft
- Dimensions: 46.00 x 126.00
- Features: Near Public Transit
Details
- Foundation area: 2278
- Parcel number: 3402924430012
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Flat,Rubber
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Boulevard Add
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2023 | Sold | $700,000+0%$154/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6420317 Report a problem | ||
| 10/28/2023 | Pending sale | $699,900$154/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6420317 Report a problem | ||
| 9/25/2023 | Price change | $699,900-3.4%$154/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6420317 Report a problem | ||
| 9/6/2023 | Listed for sale | $724,900-3.3%$159/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6420317 Report a problem | ||
| 9/6/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6359473 Report a problem | ||
| 7/28/2023 | Price change | $749,900+3.4%$165/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6359473 Report a problem | ||
| 7/25/2023 | Price change | $724,900-2.7%$159/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6359473 Report a problem | ||
| 7/11/2023 | Price change | $744,900-1.3%$163/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6359473 Report a problem | ||
| 7/7/2023 | Price change | $754,900-2.6%$166/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6359473 Report a problem | ||
| 6/14/2023 | Price change | $774,900-1.9%$170/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6359473 Report a problem | ||
| 5/16/2023 | Listed for sale | $789,900+151.6%$173/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6359473 Report a problem | ||
| 10/24/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/25/2022 | Listed for rent | $1,450+20.8% |
Source: Zillow Rental Manager Report a problem | ||
| 9/24/2018 | Listing removed | $1,200 |
Source: Mayo Management LLC Report a problem | ||
| 8/23/2018 | Listed for rent | $1,200 |
Source: Mayo Management LLC Report a problem | ||
| 8/7/2015 | Sold | $314,000$69/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4613183 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,963 +50.1% | $635,000 -3.2% |
| 2024 | $7,970 -5.5% | $656,000 +36.4% |
| 2023 | $8,436 -3.8% | $481,000 -5% |
| 2022 | $8,774 +7.5% | $506,500 +1.4% |
| 2021 | $8,160 -2.9% | $499,500 |
| 2020 | $8,405 +3% | $499,500 +5% |
| 2019 | $8,160 -2.9% | $475,500 +293.3% |
| 2018 | $8,405 +38.3% | $120,900 -58.3% |
| 2017 | $6,076 +27.9% | $290,000 +7.4% |
| 2016 | $4,752 +4.8% | $270,000 +6.9% |
| 2015 | $4,533 -11.5% | $252,500 +15% |
| 2014 | $5,123 +3.7% | $219,500 -2.4% |
| 2013 | $4,942 -7.5% | $225,000 -10% |
| 2012 | $5,343 -3.5% | $250,000 -7.9% |
| 2011 | $5,536 -8.4% | $271,500 -20% |
| 2010 | $6,042 -9% | $339,500 -7.9% |
| 2009 | $6,636 +15.3% | $368,800 +11.8% |
| 2006 | $5,757 +4.3% | $330,000 +10% |
| 2005 | $5,519 -4.8% | $300,000 +2.4% |
| 2004 | $5,794 +5% | $293,000 +27.1% |
| 2002 | $5,516 -35.1% | $230,500 |
| 2001 | $8,500 | -- |
Find assessor info on the county website
Neighborhood: Phillips West
Nearby schools
GreatSchools rating
- 2/10Whittier InternationalGrades: PK-5Distance: 0.7 mi
- NAAndersen CommunityGrades: PK-8Distance: 0.8 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$694,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$694,400
- Minnesota
- Hennepin County
- Minneapolis
- 55408
- Phillips West
- 2922 3rd Ave S
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