Nicely Maintained Duplex in Rapidly Appreciating Area! Check out the list of community improvements planned for 2025! Investors and owner-occupants, don’t miss this large two-story duplex, perfect for expanding your portfolio or generating rental income! With a Tier 1 rental license, which is a well-maintained property, requires minimal city intervention, and is the least expensive, and strong 1% investment rule, this property delivers instant cash flow with total rents of $2,970/month. Both units feature 2 bedrooms, 1 bath, and large living spaces, providing comfortable layouts for tenants or owner-occupants. New roof (2024) and fresh exterior paint (2024) for enhanced curb appeal and value. Each unit has separate utilities, ensuring ease of management and cost control. With property values increasing in North Minneapolis, this is a smart investment in a
high-growth area.
Closed
$250,000
3019 Emerson Ave N, Minneapolis, MN 55411
4beds
2baths
2,200sqft
Duplex Up and Down
Built in 1921
-- sqft lot
$252,100 Zestimate®
$114/sqft
$1,551 Estimated rent
Home value
$252,100
$232,000 - $275,000
$1,551/mo
Zestimate® history
Owner options
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$1,551/mo
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$1,551/mo
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$1,579/mo
Est. payment
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$1,579/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kristy Burau 952-215-8779,
Coldwell Banker Realty
Bought with:
Miguel Lopez
Realty Group LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6674791
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Basement, Washer Hookup
Features
- Basement: Block,Unfinished
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
- Finished area above ground: 2,200
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot, Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Fencing: None
Lot
- Size: 5,662 Square Feet
- Topography: High Ground
Details
- Foundation area: 1100
- Parcel number: 0902924420029
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Silver Lake Add
HOA
- Amenities included: None
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $233,300
- Annual tax amount: $3,391
- Date on market: 3/4/2025
- Cumulative days on market: 2 days
- Tenant pays: Electricity, Fuel, Gas, Heat, Hot Water, Snow Removal
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2025 | Sold | $250,000+2.1%$114/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6674791 Report a problem | ||
| 3/19/2025 | Pending sale | $244,900$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6674791 Report a problem | ||
| 3/17/2025 | Listed for sale | $244,900+32.4%$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6674791 Report a problem | ||
| 5/9/2023 | Sold | $185,000-0.2%$84/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6336249 Report a problem | ||
| 3/20/2023 | Pending sale | $185,400+3%$84/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6336249 Report a problem | ||
| 3/7/2023 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 3/3/2023 | Listed for sale | $180,000+990.9%$82/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6336249 Report a problem | ||
| 7/28/2011 | Sold | $16,500$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,866 +14% | $233,300 +10% |
| 2024 | $3,391 +8% | $212,000 |
| 2023 | $3,140 +10% | $212,000 +8.7% |
| 2022 | $2,854 +4.3% | $195,000 +16.1% |
| 2021 | $2,737 +6.4% | $168,000 +0.3% |
| 2020 | $2,572 -6% | $167,500 +15.1% |
| 2019 | $2,737 +6.4% | $145,500 +15% |
| 2018 | $2,572 +31.7% | $126,500 +36.8% |
| 2017 | $1,953 +12.6% | $92,500 -10.2% |
| 2016 | $1,733 -13% | $103,000 +15.1% |
| 2015 | $1,992 +9.7% | $89,500 +9.8% |
| 2014 | $1,816 +1.5% | $81,500 |
| 2013 | $1,790 -17.9% | $81,500 -20.1% |
| 2012 | $2,180 -16.2% | $102,000 -20% |
| 2011 | $2,600 -18.7% | $127,500 -9.9% |
| 2010 | $3,200 -8.6% | $141,500 -25.4% |
| 2009 | $3,500 +45.9% | $189,600 +53% |
| 2006 | $2,399 +34.6% | $123,900 +27.9% |
| 2005 | $1,782 +23% | $96,900 +32.2% |
| 2004 | $1,449 | $73,300 |
Find assessor info on the county website
Neighborhood: Jordan
Nearby homes
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Nearby schools
GreatSchools rating
- NAHmong International AcademyGrades: PK-8Distance: 0.2 mi
- 3/10Henry Senior High SchoolGrades: 9-12Distance: 1.6 mi
- 1/10Olson Middle SchoolGrades: 6-8Distance: 2.4 mi
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Estimated market value
$252,100
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Estimated market value
$252,100
- Minnesota
- Hennepin County
- Minneapolis
- 55411
- Jordan
- 3019 Emerson Ave N
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