This Tri-plex in Minneapolis is a must see! 3 large rental units, 11 bedrooms, 4.5 baths over 5000 square feet total. Each unit boasts extra-large spaces with 3 or 4 bedrooms & bonus spaces, along with many updates over the past few years. The 2nd floor unit includes finished out 3rd floor attic space. It offers a fantastic opportunity for investors or an owner occupant buyer looking for an income-generating property. Currently with one vacant unit (basement level) this property would work perfectly for an owner occupant to move right in.
Closed
$520,000
3018 Chicago Ave, Minneapolis, MN 55407
11beds
4baths
4,900sqft
Triplex
Built in 1909
-- sqft lot
$561,900 Zestimate®
$106/sqft
$2,113 Estimated rent
Home value
$561,900
$528,000 - $596,000
$2,113/mo
Zestimate® history
Owner options
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$3,267/mo
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Bonus spaces
Zillow last checked:
Listing updated:
Listed by:
Cheri Sutch 763-567-9566,
Realty ONE Group Choice
Bought with:
Paulo Mora
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6404002
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 4
Heating
- Baseboard, Fireplace(s)
Appliances
- Laundry: Common Area, Coin-op Laundry Owned
Features
- Basement: Egress Window(s),Finished,Full
Interior area
- Total structure area: 4,900
- Total interior livable area: 4,900 sqft
- Finished area above ground: 3,700
- Finished area below ground: 1,200
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Concrete
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Fencing: Wood
Lot
- Size: 5,828 sqft
- Dimensions: 124 x 47
Details
- Foundation area: 1325
- Parcel number: 0202824220008
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Chicago Lake Park Add
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2023 | Sold | $520,000-5.5%$106/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6404002 Report a problem | ||
| 8/21/2023 | Pending sale | $550,000+134.4%$112/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6404002 Report a problem | ||
| 8/12/2020 | Listing removed | $1,875 |
Source: Mauzy Properties Report a problem | ||
| 7/31/2020 | Listed for rent | $1,875 |
Source: Mauzy Properties Report a problem | ||
| 3/28/2016 | Sold | $234,691-14.6%$48/sqft |
Source: Public Record Report a problem | ||
| 10/2/2015 | Listing removed | $274,900$56/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4570905 Report a problem | ||
| 9/11/2015 | Listed for sale | $274,900+3.8%$56/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4570905 Report a problem | ||
| 4/8/2015 | Listing removed | $264,900$54/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4570905 Report a problem | ||
| 3/11/2015 | Listed for sale | $264,900+231.1%$54/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4570905 Report a problem | ||
| 1/4/2012 | Sold | $80,000+30.1%$16/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1696914 Report a problem | ||
| 6/26/2009 | Sold | $61,500-46.1%$13/sqft |
Source: Public Record Report a problem | ||
| 4/1/2009 | Listed for sale | $114,000-67.2%$23/sqft |
Source: foreclosure.com Report a problem | ||
| 5/24/2007 | Sold | $348,000+74%$71/sqft |
Source: Public Record Report a problem | ||
| 11/1/2001 | Sold | $200,000+135.3%$41/sqft |
Source: Public Record Report a problem | ||
| 5/5/1998 | Sold | $85,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,699 +64.7% | $519,700 +1.5% |
| 2024 | $7,710 +13.7% | $512,000 +6.2% |
| 2023 | $6,779 -6.1% | $482,000 +14.5% |
| 2022 | $7,220 +14.5% | $421,000 -0.9% |
| 2021 | $6,306 -5.7% | $425,000 +10.1% |
| 2020 | $6,690 +6.1% | $386,000 +2% |
| 2019 | $6,306 -5.7% | $378,500 +10% |
| 2018 | $6,690 +17.7% | $344,000 +23.5% |
| 2017 | $5,684 +8.9% | $278,500 +15.1% |
| 2016 | $5,219 +11.5% | $242,000 +20.1% |
| 2015 | $4,679 +14.4% | $201,500 +15.1% |
| 2014 | $4,089 +2% | $175,000 -4.1% |
| 2013 | $4,008 -65.9% | $182,500 -12% |
| 2012 | $11,767 -3.6% | $207,500 -7.8% |
| 2011 | $12,213 +36.6% | $225,000 +36.8% |
| 2010 | $8,939 +35% | $164,500 -44.4% |
| 2009 | $6,619 +139% | $295,700 +52% |
| 2006 | $2,770 +22.4% | $194,600 +25.1% |
| 2005 | $2,263 -12.4% | $155,500 +25.2% |
| 2004 | $2,583 +41% | $124,200 +20.2% |
| 2002 | $1,832 -22.7% | $103,300 |
| 2001 | $2,372 | -- |
Find assessor info on the county website
Neighborhood: Central
Nearby schools
GreatSchools rating
- 3/10Lyndale Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 7/10Justice Page Middle SchoolGrades: 6-8Distance: 2.5 mi
- 8/10Washburn Senior High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$561,900
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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
$561,900
- Minnesota
- Hennepin County
- Minneapolis
- 55407
- Central
- 3018 Chicago Ave
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