$419,900
3116 Emerson Avenue N Minneapolis, MN 55411
For Sale MLS# 6826724
7,167 sq ft Commercial
Details for 3116 Emerson Avenue N
MLS# 6826724
Description for 3116 Emerson Avenue N, Minneapolis, MN, 55411
Commercial mixed-use building with 10 parking stalls in the back. 4 apartments (3 1 beds & 1 studio), 2 commercial units, flat top, sitting in the heart of north Minneapolis.
Listing Information
Property Type: Commercial, Apartments and Retail
Status: Active
Bedrooms: 3
Bathrooms: 7
Lot Size: 0.15 Acres
Square Feet: 7,167 sq ft
Year Built: 1907
Foundation: 2,553 sq ft
Stories: 2 Stories
Subdivision: Silver Lake Add
Number Of Units Total: 6
Current Use: Beauty/Barber Shop,Church,Residential
County: Hennepin
Days On Market: 13
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Appliances: Microwave, Range, Refrigerator
Flooring: Marble,Vinyl/Linoleum,Wood
Basement: Partial Finished, Shared Access
Accessibility: Doors 36+, Other
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate
Cooling: Window
Heating: Hot Water, Natural Gas
Exterior / Lot Features
Open Parking: 10
Parking Description: Uncovered/Open
Exterior: Brick/Stone
Roof: Flat
Lot Dimensions: 52x127
Zoning: Business/Commercial
Topography: Level
Fencing: Chain Link
Additional Exterior/Lot Features: Irregular Lot, Land Inclusions - Building,Leases, Road Frontage - City, Sidewalks
Unit Information
Unit 1 Actual Rent: 900
Unit 1 Baths Total: 1
Unit 1 Rooms Total: 3
Unit 2 Actual Rent: 1005
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 2 Rooms Total: 5
Unit 3 Actual Rent: 978
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 3 Rooms Total: 5
Unit 4 Actual Rent: 978
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Unit 4 Rooms Total: 5
Unit 5 Actual Rent: 700
Unit 5 Baths Total: 1
Unit 5 Rooms Total: 3
Unit 6 Actual Rent: 1873
Unit 6 Baths Total: 2
Unit 6 Rooms Total: 4
Driving Directions
On the corner of Lowery and Emerson
Financial Considerations
Tenant Pays: Cable T.V.,Electric
Owner Pays: Exterior Maintenance,Gas,Hot Water,Insurance,Maintenance/Repair,Repairs,Roof Maintenance,Sewer,Snow,Taxes,Trash,Water
Gross Income: 75288
Expense: 36978.83
Tax/Property ID: 0902924420025
Tax Amount: 7981
Tax Year: 2025
HomeStead Description: Non-Homesteaded
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
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 & Tax Summary for 3116 Emerson Avenue N
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3116 Emerson Avenue N
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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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