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  • $265,000

    3401 N 2nd St, Minneapolis, MN 55412

    5beds
    3baths
    2,792sqft
    Triplex
    Built in 1900
    -- sqft lot
    $339,200 Zestimate®
    $95/sqft
    $1,966 Estimated rent

    Home value

    $339,200

    $309,000 - $373,000

    $1,966/mo

    Zestimate® history
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    What's special

    Large affordable cash-flowing triplexNew forced air furnacesUpdated vinyl windowsWood floorsOlder roof
    HIGHEST & BEST DUE 12PM MONDAY. Large affordable cash-flowing triplex on double lot! 3 bdrm unit w/XL kitchen & full bath $1375/mo, & two 1 bdrm units $800/mo, all currently rented. Approx $3K/mo. EXPENSES ARE ESTIMATES. Total finished sf taken from tax records. Unit sf is estimated, not exact. Wood floors, updated vinyl windows & drywall. New forced air furnaces 2009. Seller owns both single family homes to the west at 208 34th Ave N. Open to package deal to include all 3 properties on combined .42 acres. Cool location across the river minutes from NE Mpls craft breweries, bars, art, shops & restaurants! To be conscientious to tenants, OPEN HOUSE TO BE HELD 12-3PM SAT 8/19 so interested parties can tour the property. Lower price reflects TLC needed on soffit & fascia as well as detached garage. Older roof. Seller pays taxes, insurance, trash, H2o & sewer all units, & gas & electric for unit 1 & common areas. Tenants in units 2 & 3 pay electric & gas.

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Scheeler 612-805-5997,

    RE/MAX Results

    Bought with:

    Linda Vickerman

    NFP Real Estate Services

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6419298MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement, Common Area, Coin-op Laundry Leased, Coin-op Laundry Owned
    Features
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 2,792
    • Total interior livable area: 2,792 sqft
    • Finished area above ground: 2,792
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Patio
    Lot
    • Size: 10,018 sqft
    • Dimensions: 121 x 85 x 120 x 75
    • Features: Near Public Transit, Corner Lot, Tree Coverage - Medium
    Details
    • Foundation area: 1396
    • Parcel number: 1002924210018

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Electric
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: Engmans Addition

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/15/2023Sold$265,000+6%$95/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6419298 Report a problem
    8/21/2023Pending sale$250,000$90/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6419298 Report a problem
    8/18/2023Listed for sale$250,000$90/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6419298 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,596 +49.6%$255,800 +1.5%
    2024$3,071 +3.7%$252,000 +31.3%
    2023$2,962 +0.2%$192,000 +4.3%
    2022$2,956 +4%$184,000 +5.7%
    2021$2,842 -0.1%$174,000
    2020$2,845 +0.1%$174,000 +18%
    2019$2,842 -0.1%$147,500 +10.1%
    2018$2,845 -7.1%$134,000 +5.5%
    2017$3,062 +15.9%$127,000 +6.7%
    2016$2,642 +2.8%$119,000 +13.3%
    2015$2,571 +20.6%$105,000 +5%
    2014$2,131 -3%$100,000
    2013$2,196 +0.3%$100,000 -2.4%
    2012$2,190 -9.8%$102,500 -13.9%
    2011$2,427 -8.9%$119,000 -12.8%
    2010$2,664 -7.7%$136,500 -14.8%
    2009$2,885 +57.4%$160,300 +52.7%
    2006$1,832 +15.5%$105,000 +21.8%
    2005$1,586 +17.8%$86,200 +26.6%
    2004$1,346 +19.7%$68,100 +21.8%
    2002$1,124 -48.2%$55,900
    2001$2,169 --

    Find assessor info on the county website

    Neighborhood: Mckinley

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $339,200
    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
    $339,200