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Off market
  • $504,100

    3415 Penn Ave N APT 1, Minneapolis, MN 55412

    4beds
    3,800sqft
    MultiFamily
    Built in 1928
    -- sqft lot
    $504,100 Zestimate®
    $133/sqft
    $2,390 Estimated rent

    Home value

    $504,100

    $434,000 - $590,000

    $2,390/mo

    Zestimate® history
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    Owner options

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    $2,390/mo

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    $2,390/mo

    Rent Zestimate®

    Refinance and save

    $3,266/mo

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    $3,266/mo

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    What's special

    Fully rented, low maintenance 4-plex in great location near Theodore Wirth Parkway in North Minneapolis. Off-street parking, on-site coin operated laundry facilities, fenced-in front and back yard, large back deck. Located on same block as main bus line. Walking distance to restaurants, shopping and groceries. Immediate positive cash flow opportunity. Original hardwood floors and woodwork. Recently renovated, new windows and plumbing throughout. Ample storage in clean, dry basement. Each unit has separate gas and electric meters. Rental income per year $37,000. Since buying and renovating in 2014, the turnover rate of each unit is once every two years, on average. Each unit has been filled in under 30 days. Rent per unit is $795/mo, tenants pay gas and electric.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Radiant, Gas
    Cooling
    • None
    Features
    • Basement: Basement (not specified)
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,800 sqft

    Property

    Parking
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Stucco

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1928

    Community & HOA

    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $133/sqft

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    10/31/2016Listing removed$285,000$75/sqft
    Source: Owner Report a problem
    8/2/2016Pending sale$285,000$75/sqft
    Source: Owner Report a problem
    7/18/2016Price change$285,000-3.4%$75/sqft
    Source: Owner Report a problem
    7/8/2016Listed for sale$295,000$78/sqft
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Cleveland

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $504,100
    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
    $504,100