Welcome to 3240 18th Ave S, a well-maintained duplex offering an exceptional investment opportunity in a highly sought-after area. Situated in the heart of Minneapolis, the property benefits from a vibrant neighborhood with convenient access to local amenities, public transportation, parks, and schools. The duplex has been meticulously cared for, ensuring low maintenance for the foreseeable future. With consistent rental demand in the area, this duplex presents a robust investment opportunity. Additional features include ample street parking, separate entrances for privacy, and a shared backyard space. Upper unit is currently leased at $1220 per month until May 31st, 2025. Tenants pay electric and gas, landlord pays water and trash.
Closed
$295,000
3240 18th Ave S, Minneapolis, MN 55407
3beds
2baths
2,020sqft
Duplex Up and Down
Built in 1887
-- sqft lot
$322,900 Zestimate®
$146/sqft
$2,050 Estimated rent
Home value
$322,900
$304,000 - $342,000
$2,050/mo
Zestimate® history
Owner options
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$2,050/mo
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$2,050/mo
Rent Zestimate®
Refinance and save
$1,853/mo
Est. payment
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$1,853/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Eric J Eickhof 612-760-1979,
Jason Mitchell Group
Bought with:
Orlando Ponce
Fuze Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6553906
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Kitchen, Main Level, In Unit
Features
- Basement: Crawl Space,Unfinished
Interior area
- Total structure area: 2,020
- Total interior livable area: 2,020 sqft
- Finished area above ground: 2,020
- Finished area below ground: 0
Property
Parking
- Parking features: Paved Lot, Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Fencing: Partial,Wood
Lot
- Size: 6,098 sqft
- Dimensions: 50 x 120
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 1008
- Parcel number: 0202824140096
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1887
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: J G Lennons Add
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2024 | Sold | $295,000-1.3%$146/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6553906 Report a problem | ||
| 7/9/2024 | Pending sale | $298,900$148/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6553906 Report a problem | ||
| 6/18/2024 | Listed for sale | $298,900+22.5%$148/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6553906 Report a problem | ||
| 6/10/2019 | Sold | $244,000+1.7%$121/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5216760 Report a problem | ||
| 5/20/2019 | Pending sale | $240,000$119/sqft |
Source: Fulton Realty #5216760 Report a problem | ||
| 5/20/2019 | Listed for sale | $240,000+389.8%$119/sqft |
Source: Fulton Realty #5216760 Report a problem | ||
| 4/18/2003 | Sold | $49,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,298 -22.9% | $318,200 +3.6% |
| 2024 | $5,574 +12.7% | $307,000 -7% |
| 2023 | $4,946 +20.8% | $330,000 +14.6% |
| 2022 | $4,094 +5% | $288,000 +19.5% |
| 2021 | $3,900 +8.1% | $241,000 +1% |
| 2020 | $3,608 -7.5% | $238,500 +16.9% |
| 2019 | $3,900 +8.1% | $204,000 +10% |
| 2018 | $3,608 +21.8% | $185,500 +22% |
| 2017 | $2,962 +4% | $152,000 +8.2% |
| 2016 | $2,848 +5% | $140,500 +15.2% |
| 2015 | $2,713 +9.9% | $122,000 +15.1% |
| 2014 | $2,469 +11.7% | $106,000 +5% |
| 2013 | $2,211 -9.2% | $101,000 -11.8% |
| 2012 | $2,437 -0.4% | $114,500 -5% |
| 2011 | $2,446 +8.5% | $120,500 -5.1% |
| 2010 | $2,254 -10.8% | $127,000 -9.9% |
| 2009 | $2,527 +21.2% | $141,000 +16.9% |
| 2006 | $2,086 +11.3% | $120,600 +17.3% |
| 2005 | $1,874 +19.3% | $102,800 +27.9% |
| 2004 | $1,571 +20.9% | $80,400 +23.3% |
| 2002 | $1,299 -48.8% | $65,200 |
| 2001 | $2,535 | -- |
Find assessor info on the county website
Neighborhood: Powderhorn Park
Nearby schools
GreatSchools rating
- 6/10Bancroft Elementary SchoolGrades: PK-5Distance: 0.7 mi
- NAAndersen CommunityGrades: PK-8Distance: 0.8 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$322,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$322,900
- Minnesota
- Hennepin County
- Minneapolis
- 55407
- Powderhorn Park
- 3240 18th Ave S
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Nearby neighborhoods
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