$330,000

3118 Newton Avenue N, Minneapolis, MN 55411

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$330,000

3118 Newton Avenue N Minneapolis, MN 55411

For Sale MLS# 6479055

4 beds2 baths1,730 sq ftMulti-family

OPEN HOUSE: Saturday, 4/27 11:00 AM - 01:00 PM

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OPEN HOUSE: Sunday, 4/28 01:00 PM - 03:00 PM

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Data current as of 26/04/2024 10:38:17

Details for 3118 Newton Avenue N

MLS# 6479055

Description for 3118 Newton Avenue N, Minneapolis, MN, 55411


Come checkout this recently renovated duplex 2bed/1bath each unit Up/Down Duplex. Great opportunity for potential cashflow, or owner occ. Units consist of new kitchens with granite counters & stainless steel appliances in the lower unit. Brand new bathrooms, new flooring & paint throughout. Awesome spacious unit with 18x12 living/dining room + 2 large bedrooms. Upper unit is rental ready & includes a full bathroom + bonus storage/laundry room. Over-sized 1 car garage measures 18x13. Another bonus for the owner, or generate extra income by renting it out. Room for more parking in back on asphalt driveway. Well-maintained property. Blocks from Jordan Park, Cleveland Park & minutes to Theodore Wirth Regional Park. Easy access to NE Arts district down Lowry and just minutes to downtown MPLS.

Listing Information


Property Type: Multi-family, Duplex Up and Down

Status: Active

Bedrooms: 4

Bathrooms: 2

Lot Size: 0.12 Acres

Square Feet: 1,730 sq ft

Year Built: 1914

Foundation: 870 sq ft

Garage: Yes

Stories: 2 Stories

Subdivision: Hamischs 3rd Add

Number Of Units Total: 2

County: Hennepin

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Interior Features


Square Footage above: 1,730 sq ft

Basement: Full, Unfinished

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Natural Gas, Hot Water, Boiler

Exterior / Lot Features


Garage Spaces: 1

Parking Description: Detached Garage, Driveway - Asphalt, Garage Dimensions - 18x13, Garage Sq Ft - 234.0

Exterior: Wood

Roof: Pitched, Asphalt Shingles

Lot Dimensions: 41x127

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Road Frontage - City, Curbs, Paved Streets, Sidewalks

Unit Information


Unit 1 Units Total: 1

Unit 1 Actual Rent: 1250

Unit 1 Baths Total: 1

Unit 1 Beds Total: 2

Unit 1 Rooms Total: 6

Unit 2 Units Total: 1

Unit 2 Actual Rent: 1500

Unit 2 Baths Total: 1

Unit 2 Beds Total: 2

Unit 2 Rooms Total: 6

Driving Directions


Take Lowry to Newton. Go South. Home is on E side of Newton.

Financial Considerations


Tenant Pays: Cable T.V.,Electric

Owner Pays: Fuel,Insurance,Taxes,Water/Sewer

Gross Income: 34200

Expense: 6900

Tax/Property ID: 0902924320150

Tax Amount: 2907

Tax Year: 2023

HomeStead Description: Non-Homesteaded

Price Changes


$330,000 Original Price
$330,000 Current Price
$0Total Change
Date Price Change
04/23/2024 06.49 PM $330,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 3118 Newton Avenue N

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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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