This completely renovated triplex truly has it all. With modern updates, original hardwoods, and 10' ceilings, this does not feel like your average Multifamily. Situated just off of Victory Memorial Drive & walking distance to the local market, library, coffee shops, restaurants, walking/biking paths, public pool, a quick drive to downtown, & so much more. A perfect opportunity for an owner occupant OR to maximize your rental amounts which are far above average for this area. Note the low property taxes! Equity building opportunity in the spacious Basement that has a dedicated separate entrance, washer/dryer, sink hook up, and a ductless mini split unit to provide heating/cooling. There is also a walk-up attic space that could also be utilized via the second unit. Do not miss out on this amazing property!
Closed
$575,000
4405 Morgan Ave N, Minneapolis, MN 55412
7beds
3baths
3,355sqft
Triplex
Built in 1903
-- sqft lot
$566,500 Zestimate®
$171/sqft
$1,739 Estimated rent
Home value
$566,500
$527,000 - $606,000
$1,739/mo
Zestimate® history
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$3,685/mo
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Zillow last checked:
Listing updated:
Listed by:
Ambrosia Severson 651-442-5192,
Fox Realty
Bought with:
Ramsey Sorrells
Realty ONE Group Choice
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6589397
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- Baseboard, Ductless Mini-Split, Forced Air
Appliances
- Laundry: In Basement, Common Area, Electric Dryer Hookup, Laundry Room, In Unit, Washer Hookup
Features
- Basement: Full
Interior area
- Total structure area: 3,355
- Total interior livable area: 3,355 sqft
- Finished area above ground: 3,355
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, Asphalt, Paved Lot, Unassigned, Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Covered, Front Porch
- Pool features: None
- Fencing: None
Lot
- Size: 7,405 Square Feet
- Dimensions: 80 x 92.91
- Features: Near Public Transit
Details
- Foundation area: 1596
- Parcel number: 1411821120006
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Age 8 Years or Less,Architectural Shingle
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Amenities included: Concrete Floors & Walls, Patio, Porch
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $318,700
- Annual tax amount: $3,557
- Date on market: 9/25/2024
- Cumulative days on market: 56 days
- Tenant pays: None
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2024 | Sold | $575,000-8%$171/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6589397 Report a problem | ||
| 9/25/2024 | Pending sale | $625,000$186/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6589397 Report a problem | ||
| 6/21/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6509546 Report a problem | ||
| 6/1/2024 | Price change | $625,000-3.8%$186/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6509546 Report a problem | ||
| 5/2/2024 | Pending sale | $650,000$194/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6509546 Report a problem | ||
| 3/28/2024 | Listed for sale | $650,000+117.6%$194/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6509546 Report a problem | ||
| 12/6/2021 | Sold | $298,700-14.6%$89/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6010628 Report a problem | ||
| 12/2/2021 | Pending sale | $349,900+185.6%$104/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6010628 Report a problem | ||
| 7/25/2016 | Sold | $122,500-12.4%$37/sqft |
Source: Public Record Report a problem | ||
| 8/27/2009 | Listing removed | $139,900$42/sqft |
Source: RE/MAX Results Inc #3688733 Report a problem | ||
| 6/13/2009 | Price change | $139,900+21.8%$42/sqft |
Source: RE/MAX Results Inc #3688733 Report a problem | ||
| 5/24/2009 | Listed for sale | $114,900+12.6%$34/sqft |
Source: RE/MAX Results Inc #3688733 Report a problem | ||
| 9/28/2000 | Sold | $102,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,391 +23.5% | $318,700 +1.5% |
| 2024 | $3,557 +0.7% | $314,000 +10.2% |
| 2023 | $3,533 -34.9% | $285,000 +1.1% |
| 2022 | $5,426 -31.6% | $282,000 +20% |
| 2021 | $7,931 +76.3% | $235,000 +10.1% |
| 2020 | $4,500 -43.3% | $213,500 +10.9% |
| 2019 | $7,931 +76.3% | $192,500 +10% |
| 2018 | $4,500 +43.8% | $175,000 +27.7% |
| 2017 | $3,129 +23.2% | $137,000 +10% |
| 2016 | $2,540 +6.8% | $124,500 +3.8% |
| 2015 | $2,379 -25% | $120,000 +10.1% |
| 2014 | $3,170 +34.2% | $109,000 |
| 2013 | $2,362 -28.5% | $109,000 -15.2% |
| 2012 | $3,305 +12.7% | $128,500 -11.7% |
| 2011 | $2,934 -2.3% | $145,500 -14.9% |
| 2010 | $3,003 -23% | $171,000 -22.3% |
| 2009 | $3,901 +6.3% | $220,000 +2.9% |
| 2006 | $3,669 +13.7% | $213,800 +19.7% |
| 2005 | $3,227 +21.2% | $178,600 +30.4% |
| 2004 | $2,662 +13.9% | $137,000 +26.7% |
| 2002 | $2,337 -42.7% | $108,100 |
| 2001 | $4,078 | -- |
Find assessor info on the county website
Neighborhood: Webber-Camden
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Nearby schools
GreatSchools rating
- 3/10Loring Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 1/10Olson Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Henry Senior High SchoolGrades: 9-12Distance: 0.1 mi
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Estimated market value
$566,500
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Estimated market value
$566,500
- Minnesota
- Hennepin County
- Minneapolis
- 55412
- Webber-Camden
- 4405 Morgan Ave N
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