$499,775

3541 Portland Avenue, Minneapolis, MN 55407


3541 Portland Avenue Minneapolis, MN 55407

Active Contingent MLS# 6205242

5 beds 3 baths 3,204 sq ft Multi-family

Data current as of {{getLocalTime('2022-08-14T20:50:56Z')}}

Details for 3541 Portland Avenue

MLS# 6205242

Description for 3541 Portland Avenue, Minneapolis, MN, 55407


Beautiful Triplex with updated throughout. This is a great opportunity for an owner occupant with long- term tenants already occupying 2 of the three units. 2 large 2 bedroom 1 bath units and a 3rd studio unit. Full basement is already set up for tenant storage and laundry. Both 2 bedroom units creature awood-burning fireplace, natural woodwork, and updated kitchens and baths. If you are looking for a turn- key investment property, this is it!

Listing Information


Property Type: Multi-family, Triplex

Status: Active Contingent-Inspection

Bedrooms: 5

Bathrooms: 3

Lot Size: 0.11 Acres

Square Feet: 3,204 sq ft

Year Built: 1923

Foundation: 1,560 sq ft

Garage: Yes

Stories: 2

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Worcester Park Add

Builder:

Foundation:

Total Units: 3

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

Days On Market: 70

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Room Information


Bathrooms

Full Baths: 3

Interior Features


Square Footage above: 3,204 sq ft

Square Footage below:

Flooring:

Basement: Full

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities:

Other Utilities:

Heating: Hot Water, Natural Gas

Exterior / Lot Features


Attached Garage

Garage Spaces: 2

Parking Description: Attached Garage, Garage Sq Ft - 360.0

Exterior: Stucco

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 42x117x42x116

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Fence: Rail, Full

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Unit Information


Number of Units Like This: 1

Monthly Rent: 1150

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 4

Number of Units Like This: 1

Monthly Rent: 600

Total Baths: 1

Total Bedrooms: 1

Total Rooms: 2

Number of Units Like This: 1

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 5

Driving Directions


35w to 31st street, E to Portland Ave S to home.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric

Owner Pays:

Annual Income: $0

Ownership Type:

Tax/Property ID: 0202824320213

Tax Amount: $5,640

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$525,000 Original Price
$499,775 Current Price
-$25,225 Total Change
Date Price Change
7/19/2022 03:19 PM $499,775 -$25,225
6/1/2022 09:41 AM $525,000

Sales History

Date Price Change
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Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 3541 Portland Avenue

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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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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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings