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  • $577,000

    3316 Hennepin Ave, Minneapolis, MN 55408

    6beds
    2baths
    2,912sqft
    Multi Family
    Built in 1921
    -- sqft lot
    $600,500 Zestimate®
    $198/sqft
    $1,921 Estimated rent

    Home value

    $600,500

    $546,000 - $661,000

    $1,921/mo

    Zestimate® history
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    What's special

    Great deckBeautiful woodworkNew guttersBuilt in buffetUpdated kitchensHardwood floors
    Exceptional up/down duplex in prime Uptown location at 3316 Hennepin Ave, just blocks from Lake Bde Maka Ska. This spacious property offers two units, each with 3 bedrooms and 1 bathroom, large living and dining rooms. The lower unit features recent upgrades including refinished hardwood floors, fully updated bathroom, fresh paint, and landscaping improvements. Currently vacant, it presents an estimated rental value of $2,400/month. The upper unit is leased at $1,965 /month, providing immediate income. Ideal for owner-occupants or investors seeking a turn-key investment. With its prime location and recent renovations, this property offers excellent potential for appreciation and rental income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jamie Bolinger 507-837-9334,

    Rize Realty

    Bought with:

    Clark Lensing

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6608974MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Boiler
    Appliances
    • Laundry: Coin-op Laundry Owned
    Features
    • Basement: Block
    Interior area
    • Total structure area: 2,912
    • Total interior livable area: 2,912 sqft
    • Finished area above ground: 2,912
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage
    • Garage spaces: 2
    • Details: Garage Dimensions (20x18), Garage Door Height (7)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Deck
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40 x 127
    Details
    • Foundation area: 1456
    • Parcel number: 0402824240119

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Age Over 8 Years
    Condition
    • New construction: No
    • Year built: 1921

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Calhoun Park
    HOA
    • Amenities included: Coin-op Laundry Owned
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $198/sqft
    • Tax assessed value: $530,500
    • Annual tax amount: $9,148
    • Date on market: 10/3/2024
    • Cumulative days on market: 92 days
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    2/3/2025Sold$577,000-0.5%$198/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6608974 Report a problem
    1/11/2025Pending sale$580,000$199/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6608974 Report a problem
    12/26/2024Price change$580,000-2.5%$199/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6608974 Report a problem
    10/10/2024Listed for sale$595,000+32.2%$204/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6608974 Report a problem
    9/9/2024Sold$450,000-18.2%$155/sqft
    Source: Public Record Report a problem
    7/1/2022Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6193600 Report a problem
    6/11/2022Listed for sale$550,000-0.9%$189/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6193600 Report a problem
    12/26/2007Listing removed$555,000$191/sqft
    Source: Postlets #3464433 Report a problem
    12/7/2007Listed for sale$555,000+8.8%$191/sqft
    Source: Postlets #3464433 Report a problem
    12/30/2004Sold$510,000+27.5%$175/sqft
    Source: Public Record Report a problem
    6/14/2001Sold$400,000$137/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,997 +5%$530,500 -3.5%
    2024$9,524 -8.6%$550,000 -4%
    2023$10,419 +0.5%$573,000 -8.2%
    2022$10,367 +3.6%$624,000 +6.3%
    2021$10,008 -7.3%$587,000
    2020$10,799 +7.9%$587,000
    2019$10,008 -7.3%$587,000 +5%
    2018$10,799 +16.9%$559,000 +11%
    2017$9,235 -2.1%$503,500 +5%
    2016$9,435 +1.9%$479,500 +3.8%
    2015$9,260 -1%$462,000 +10%
    2014$9,351 +6.8%$420,000 +5%
    2013$8,755 +2.8%$400,000
    2012$8,514 -10.1%$400,000 -14.3%
    2011$9,472 +32.4%$466,500 -5%
    2010$7,154 -1.1%$491,000
    2009$7,233 +28.5%$491,000 +22.9%
    2006$5,630 +10.4%$399,600 +15%
    2005$5,102 +13%$347,500 +19.4%
    2004$4,515 +15.4%$291,100 +15.7%
    2002$3,913 -57.2%$251,600
    2001$9,131 --
    Find assessor info on the county website

    Neighborhood: East Bde Maka Ska

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $600,500
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    Estimated market value
    $600,500