This building presents a rare chance to own a property in a highly sought-after area. Each of the four units features a consistent layout with two bedrooms, one bath, and a sunroom. The formal dining rooms include built-in buffets, and the units offer hardwood floors and some original woodwork.
Please be aware that the property is in need of significant renovation due to recent vandalism and some of the previous improvements have been damaged. This building is ideal for investors seeking a project or those looking for a cash purchase or rehab loan.
Closed
$465,000
3405 Aldrich Ave S, Minneapolis, MN 55408
8beds
4baths
4,524sqft
Quadruplex
Built in 1921
-- sqft lot
$701,100 Zestimate®
$103/sqft
$2,640 Estimated rent
Home value
$701,100
$624,000 - $785,000
$2,640/mo
Zestimate® history
Owner options
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$2,640/mo
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$2,960/mo
Est. payment
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$2,960/mo
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Zillow last checked:
Listing updated:
Listed by:
AJ Pettersen 612-229-7927,
eXp Realty
Bought with:
Paul Begich
DRG
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6582190
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Hot Water
Appliances
- Laundry: Coin-op Laundry Leased
Features
- Basement: Full,Owner Access,Shared Access,Storage Space
Interior area
- Total structure area: 4,524
- Total interior livable area: 4,524 sqft
- Finished area above ground: 4,524
- Finished area below ground: 0
Property
Parking
- Details: Garage Door Height (0), Garage Door Width (0)
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 5,662 Square Feet
- Dimensions: 48 x 119
Details
- Foundation area: 2262
- Parcel number: 0402824410013
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Stone
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: Remingtons 2nd Add
HOA
- Amenities included: Coin-op Laundry Leased
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $103/sqft
- Tax assessed value: $653,000
- Annual tax amount: $12,372
- Date on market: 9/13/2024
- Cumulative days on market: 23 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2024 | Sold | $465,000-22.5%$103/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6582190 Report a problem | ||
| 8/23/2024 | Listed for sale | $600,000+179.1%$133/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6582190 Report a problem | ||
| 8/13/2024 | Sold | $215,000-72.6%$48/sqft |
Source: Public Record Report a problem | ||
| 11/4/2020 | Sold | $785,000$174/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5619364 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,488 +0.9% | $653,000 -4.9% |
| 2024 | $12,372 +2.6% | $687,000 -11.4% |
| 2023 | $12,058 +5.7% | $775,000 +5.4% |
| 2022 | $11,411 +3.7% | $735,200 +2% |
| 2021 | $11,001 -6.7% | $720,500 |
| 2020 | $11,797 +0.1% | $720,500 +8% |
| 2019 | $11,784 -0.1% | $667,000 +5% |
| 2018 | $11,797 +5.4% | $635,000 +6.5% |
| 2017 | $11,188 +0.2% | $596,000 +10% |
| 2016 | $11,167 +6.7% | $542,000 +15% |
| 2015 | $10,466 +9.7% | $471,500 +15% |
| 2014 | $9,543 +6.3% | $410,000 |
| 2013 | $8,974 -1.4% | $410,000 -4.1% |
| 2012 | $9,100 -0.4% | $427,500 -5% |
| 2011 | $9,137 +3% | $450,000 -10% |
| 2010 | $8,873 +7.6% | $500,000 +8.7% |
| 2009 | $8,243 +6.8% | $460,000 +3% |
| 2006 | $7,720 -5.2% | $446,500 |
| 2005 | $8,140 -2% | $446,500 +5.1% |
| 2004 | $8,303 -11.2% | $425,000 +7.7% |
| 2002 | $9,353 -39.2% | $394,500 |
| 2001 | $15,378 | -- |
Find assessor info on the county website
Neighborhood: South Uptown
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Nearby schools
GreatSchools rating
- 6/10Kenwood Elementary SchoolGrades: K-5Distance: 1.7 mi
- 1/10Anwatin Middle Com & Spanish D IGrades: 6-8Distance: 2.7 mi
- 3/10North Academy Senior HighGrades: 9-12Distance: 3.7 mi
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Estimated market value
$701,100
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Estimated market value
$701,100
- Minnesota
- Hennepin County
- Minneapolis
- 55408
- South Uptown
- 3405 Aldrich Ave S
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