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  • $358,750

    2944 38th Ave S, Minneapolis, MN 55406

    3beds
    2baths
    1,987sqft
    Multi Family
    Built in 1913
    -- sqft lot
    $367,100 Zestimate®
    $181/sqft
    $2,296 Estimated rent

    Home value

    $367,100

    $334,000 - $404,000

    $2,296/mo

    Zestimate® history
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    $2,296/mo

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    $2,254/mo

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    $2,254/mo

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    What's special

    Welcome to this delightful duplex in the heart of the Longfellow neighborhood. The first-floor unit, freshly painted and clean, features 2 bedrooms and 1 bath with bright, airy living space, a well-appointed kitchen, comfortable bedrooms and a fantastic front porch. The upper-level unit offers 1 bedroom and 1 bath, with an efficient kitchen, serene bedroom and a private upper deck. It’s a retreat in the treetops. Originally built as a single family home, this property is easily converted back for a family looking for extra space. Laundry and storage in the basement. TONS of updates! Brand new roof (July 2024), New GE Commercial Washer installed in 2021, New Goodman Furnace for Main floor installed in 2022, New Maytag Dryer installed in 2023, New Electric Circuit Breaker Panels added in 2023, also Control Board replaced in 2nd furnace fall 2024 just to name a few. Newer spacious 3-car garage, perfect for parking and storage. Located close to coffee shops, grocery stores, and restaurants, also just a few blocks from the Mississippi River Parkway. Long term owner with fantastic rental history, this is an exceptional home or investment opportunity. Hands down the best value in South Minneapolis.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul L St Andrew 612-251-9343,

    RE/MAX Results

    Bought with:

    Luke Pettersen

    eXp Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6594272MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement, Common Area
    Features
    • Basement: Full,Storage Space,Unfinished
    Interior area
    • Total structure area: 1,987
    • Total interior livable area: 1,987 sqft
    • Finished area above ground: 1,987
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached Garage, Concrete, Garage Door Opener
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Deck, Front Porch, Rear Porch
    • Fencing: Partial,Privacy,Wood
    Lot
    • Size: 5,122 Square Feet
    • Dimensions: 40 x 128
    Details
    • Foundation area: 960
    • Parcel number: 3102923340096

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Age 8 Years or Less
    Condition
    • New construction: No
    • Year built: 1913

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Longfellow
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $181/sqft
    • Tax assessed value: $355,700
    • Annual tax amount: $5,355
    • Date on market: 10/26/2024
    • Cumulative days on market: 72 days
    • Tenant pays: Broadband, Cable TV, Electricity, Fuel
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/2/2025Sold$358,750-3%$181/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6594272 Report a problem
    12/12/2024Pending sale$369,900$186/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6594272 Report a problem
    10/29/2024Listed for sale$369,900+13.9%$186/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6594272 Report a problem
    6/25/2024Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6533321 Report a problem
    5/28/2024Listed for sale$324,900$164/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6533321 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,118 +14.2%$355,700 +6.5%
    2024$5,355 -0.9%$334,000 +0.3%
    2023$5,406 +11.4%$333,000 -0.3%
    2022$4,855 +4.3%$334,000 +17.6%
    2021$4,653 -3.1%$284,000 +5.2%
    2020$4,804 +3.2%$270,000
    2019$4,653 -3.1%$270,000 +10%
    2018$4,804 +17.6%$245,500 +17.2%
    2017$4,087 +3.2%$209,500 +8.5%
    2016$3,962 +5.1%$193,000 +9%
    2015$3,769 +1.2%$177,000 +14.9%
    2014$3,724 +8.9%$154,000
    2013$3,421 -12.5%$154,000 -14.9%
    2012$3,909 -4.9%$181,000 -9.3%
    2011$4,109 +14.4%$199,500
    2010$3,592 -1.1%$199,500
    2009$3,633 +30.1%$199,500 +24.7%
    2006$2,791 +11%$160,000 +17.1%
    2005$2,514 +76.3%$136,600 +29%
    2004$1,426 +27.4%$105,900 +22%
    2002$1,119 -49.1%$86,800
    2001$2,196 --
    Find assessor info on the county website

    Neighborhood: Longfellow

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $367,100
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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
    $367,100