$629,900

3038 13th Ave S #11, Minneapolis, MN 55407

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$629,900

(29,100) 01/16/2025

3038 13th Ave S #11 Minneapolis, MN 55407

For Sale MLS# 6625428

4,512 sq ft Commercial

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Data current as of 20/01/2025 01:00:24

Details for 3038 13th Ave S #11

MLS# 6625428

Description for 3038 13th Ave S #11, Minneapolis, MN, 55407


Invest in this rare condominium package today and grow your investment portfolio with 10% down Contract for deed!! This property is offered as part of a bundle of four units. Located blocks from Powderhorn Lake and Midtown Global Market, these properties offer excellent four-bedroom rentals with the best amenities south Minneapolis has to offer. A 10-minute drive downtown or 20 to the airport means these units rent easily and stay rented. They cash flow WITH HOA fees factored in! All units are currently occupied with great tenants with potential to vastly increase rent overtime. Don't miss this one before it's gone!!

Listing Information


Property Type: Commercial, Apartments/Multi Family,High Rise (4+ Levels)

Status: Active

Bedrooms: 16

Bathrooms: 8

Square Feet: 4,512 sq ft

Year Built: 1926

Foundation: 1,210 sq ft

Stories: Three Or More

Subdivision: Cic 1284 13th Ave Condo

Number Of Units Total: 4

Current Use: Residential

County: Hennepin

Days On Market: 76

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Interior Features


Appliances: Dishwasher, Dryer, Microwave, Washer, Range, Refrigerator

Flooring: Tile,Wood

Additional Interior Features: Tile Floors, Walk-In Closet, Security System, Ceiling Fan(s), Kitchen Window, Hardwood Floors

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common

Heating: Hot Water, Natural Gas, Boiler

Exterior / Lot Features


Parking Description: Unassigned, Paved Lot, Garage Dimensions - 0

Exterior: Brick/Stone

Roof: Flat, Tar/Gravel

Lot Dimensions: COMMON

Zoning: Residential-Multi-Family,Residential-Single Family

Fencing: Chain Link

Additional Exterior/Lot Features: Irregular Lot, Tree Coverage - Medium, Public Transit (w/in 6 blks), Land Inclusions - Other, Road Frontage - City

Unit Information


Unit 1 Actual Rent: 1800

Unit 1 Baths Total: 1

Unit 1 Beds Total: 4

Unit 1 Rooms Total: 4

Unit 2 Actual Rent: 1700

Unit 2 Baths Total: 2

Unit 2 Beds Total: 4

Unit 2 Rooms Total: 4

Unit 3 Actual Rent: 1800

Unit 3 Baths Total: 3

Unit 3 Beds Total: 4

Unit 3 Rooms Total: 4

Unit 4 Actual Rent: 2200

Unit 4 Baths Total: 2

Unit 4 Beds Total: 4

Unit 4 Rooms Total: 4

Driving Directions


Lake Street to 13th Ave, South to home.

Financial Considerations


Tenant Pays: Electric

Owner Pays: Sewer,Water

Tax/Property ID: TBD

Tax Amount: 2091.26

Tax Year: 2025

HomeStead Description: Non-Homesteaded

Price Changes


$720,000 Original Price
$629,900 Current Price
-$90,100 Total Change
Date Price Change
01/16/2025 02.38 PM $629,900 -$29,100
12/13/2024 10.49 AM $659,000 -$30,900
11/22/2024 10.36 AM $689,900 -$30,100
11/04/2024 02.54 PM $720,000
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 3038 13th Ave S #11

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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