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Active with contingency
    • $499,000

    3431 Elliot Ave, Minneapolis, MN 55407

    6beds
    3baths
    3,535sqft
    : 
    $3,138/mo
    Get pre-qualified
    Other
    Built in 1907
    -- sqft lot
    $492,700 Zestimate®
    $141/sqft
    $-- HOA

    What's special

    New sidingFour bedroomsFinished basementNew roofThoughtful updates throughout
    A rare opportunity to own two separate homes on one lot in the heart of Minneapolis! Ideal for an owner-occupant seeking more privacy than a traditional duplex, the main home and second home are completely separate residences, creating an excellent setup for multigenerational living, rental income, or a home office. The main home features classic Minneapolis charm with beautiful newly refinished hardwood floors, four bedrooms, a finished basement, and thoughtful updates throughout. The kitchen includes partial marble countertops, while the bathroom features a Jacuzzi tub. Major improvements include new siding and a new roof (2025), drain tile and sump pump, and a radon mitigation system, providing added value and peace of mind. The second home is a charming 1½-story, two-bedroom residence with a newer furnace and water heater, offering excellent flexibility for rental income, guests, extended family, or a private workspace. Whether you're looking to offset your mortgage with rental income, invest, or create a flexible living arrangement, this unique property offers exceptional potential in a desirable Minneapolis location.
    46 days
    |
    579
    |
    40
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly A Madden 651-271-6078,

    Pemberton RE

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7106433MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Heating
      • Boiler
      Features
      • Basement: Finished
      Interior area
      • Total structure area: 3,535
      • Total interior livable area: 3,535 sqft
      • Finished area above ground: 3,192
      • Finished area below ground: 343

      Property

      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 40 x 124
      Details
      • Foundation area: 1163
      • Parcel number: 0202824310174
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Other
      Condition
      • New construction: No
      • Year built: 1907

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Porterfields Add
      Location
      • Region: Minneapolis

      Financial & listing details

      • Price per square foot: $141/sqft
      • Tax assessed value: $372,900
      • Annual tax amount: $5,211
      • Date on market: 7/8/2026

        Estimated market value

        $492,700

        $468,000 - $517,000

        $1,890/mo

        Price history

        DateEventPrice
        7/8/2026Listed for sale$499,000+40.6%$141/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7106433 Report a problem
        2/28/2022Sold$355,000$100/sqft
        Source: Public Record Report a problem
        12/1/2021Sold$355,000+1.4%$100/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6097355 Report a problem
        10/3/2021Pending sale$350,000$99/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6097355 Report a problem
        9/24/2021Listed for sale$350,000+70.7%$99/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6097355 Report a problem
        11/8/2001Sold$205,000$58/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,211 +7.9%$372,900 +2.4%
        2024$4,830 +4%$364,000 -2.7%
        2023$4,645 -15.4%$374,000 +4.5%
        2022$5,490 +9.6%$358,000
        2021$5,009 +5.6%$358,000 -5%
        2020$4,745 -5.3%$377,000 +13%
        2019$5,009 +5.6%$333,500 +10.1%
        2018$4,745 +25.5%$303,000 +23.9%
        2017$3,781 +6.2%$244,500 +3.6%
        2016$3,560 +0.9%$236,000 +10%
        2015$3,529 +6.4%$214,500 +8.6%
        2014$3,316 +8.6%$197,500 +5.1%
        2013$3,054 +2.6%$188,000
        2012$2,977 -8.5%$188,000 -5.1%
        2011$3,253 +8.4%$198,000 -5%
        2010$3,002 -7.5%$208,500 -9.9%
        2009$3,246 +15.2%$231,500 +9%
        2006$2,818 +15.7%$212,400 +19.2%
        2005$2,435 +10.4%$178,200 +16%
        2004$2,206 +47.9%$153,600 +40.3%
        2002$1,492 -50%$109,500
        2001$2,985 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Powderhorn Park

        Getting around

        82 / 100
        Very Walkable
        56 / 100
        Good Transit
        99 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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