3010 15th Avenue S Minneapolis, MN 55407
For Sale MLS# 7035408
6 beds 2 baths 2,678 sq ft Multi-family
Details for 3010 15th Avenue S
MLS# 7035408
Description for 3010 15th Avenue S, Minneapolis, MN, 55407
Rare opportunity to acquire a classic up/down duplex in the heart of Minneapolis that has been under the same ownership since 1994. Situated on a double lot with a fenced yard, this property offers both stability and long-term upside potential.This well-laid-out duplex features two spacious units, each offering 3 bedrooms and 1 bathroom, with a total of 2,678 finished square feet. The upper unit showcases hardwood floors and an updated kitchen, while both units offer functional layouts and the highly desirable convenience of in-unit laundry, a major draw for tenants.The property is currently occupied by long-term tenants, providing immediate, reliable income. The main floor rents for $1,500 per month, and the upper unit rents for $1,650 per month. Residents pay their own electricity. Rents have not been increased to match current market levels, as ownership has prioritized tenant stability, presenting a clear opportunity for future value growth.The stucco exterior is complemented by a pitched roof. The windows were recently replaced through the city’s lead abatement program, adding long-term value and peace of mind. The property is heated by a boiler system, with a newer boiler (~ 5 years old) and water heater (~ 6 years old), helping reduce near-term capital expenses. An unfinished attic provides additional storage, and a detached shed offers further convenience for tenants.Located near public transit and just steps from a variety of restaurants, shopping, and neighborhood staples including Mercado Central and Ingebretsen’s, this property offers strong appeal for renters seeking convenience and walkability.Located in a highly walkable area near Powderhorn Park, this duplex offers strong fundamentals, stable tenancy, and meaningful upside, making it a solid addition to any investment portfolio.
Listing Information
Property Type: Multi-family, Duplex Up and Down
Status: Active
Bedrooms: 6
Bathrooms: 2
Lot Size: 0.18 Acres
Square Feet: 2,678 sq ft
Year Built: 1900
Foundation: 1,286 sq ft
Stories: 2 Stories
Subdivision: Williams Add
Number Of Units Total: 2
County: Hennepin
Days On Market: 76
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Additonal Room Information
Laundry: In Unit
Interior Features
Square Footage above: 2,678 sq ft
Basement: Partial, Unfinished
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Radiator, Boiler, Natural Gas
Exterior / Lot Features
Parking Description: On-Street Parking Only
Exterior: Stucco
Roof: Age Over 8 Years, Asphalt Shingles, Pitched
Lot Dimensions: 60 x 127
Zoning: Residential-Multi-Family
Fencing: Chain Link
Additional Exterior/Lot Features: Tree Coverage - Light, Road Frontage - City
Driving Directions
From Lake St, go South on 15th. Property is on the right.
Financial Considerations
Other Annual Tax: $313
Tenant Pays: Electric
Owner Pays: Gas,Heat,Hot Water,Maintenance/Repair,Sewer,Snow,Taxes,Trash,Water
Gross Income: 37800
Expense: 12262
Tax/Property ID: 0202824120105
Tax Amount: 925.76
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Peritus Real Estate
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 3010 15th Avenue S
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3010 15th Avenue S
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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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