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2915 N 3rd Street, Minneapolis, MN 55411

Status: For Sale

2 units
1,776 sq ft 2 garage spaces

$305,000

WELCOME HOME

Get to know this property.

Exceptional investment opportunity in Minneapolis' growing Hawthorne neighborhood! This well-maintained duplex is ideal for both owner-occupants and investors seeking strong cash flow and long-term appreciation. Major updates completed in 2021-2022 include a new roof, furnace, water heater, walkway, stairs, and retaining wall, providing peace of mind and reduced maintenance costs for years to come. The property is currently generating solid rental income, with Unit 1 rented at $1,250/month and Unit 2 rented at $1,575/month. Located in an area experiencing significant reinvestment and growth, this property is surrounded by new development activity, including a brand-new construction duplex valued at approximately $450,000 being built next door. Additional new construction projects have recently been completed nearby, further enhancing the neighborhood's appeal and future value. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a stable, income-producing asset to your portfolio, this duplex offers a rare combination of cash flow, updates, and upside potential. Don't miss your chance to own in one of North Minneapolis' emerging neighborhoods!

The details that matter.

General Property Information for 2915 N 3rd Street, Minneapolis, MN 55411 - MLS# 7080138
Bedrooms and Bathrooms
Total Bedrooms:
4
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1906
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
2 Story
Total SqFt:
1,776
Total Fnsh'd SqFt:
1,776
Above Ground SqFt:
1,776
Finished Above Grade:
1,776
Below Ground SqFt:
779
Finished Below Grade:
0
Garage Stalls:
2
Garage SqFt:
300
Main Floor SqFt:
842
Approx Lot Dimensions:
28 x 158
Approx Number of Acres:
0.1
Income and Expenses
Gross Income:
$33,900
Total Expenses:
$0

A closer look at the location.

94E to Broadway to 3rd st N

This listing has been entered by the following office: Keller Williams Realty Integrity Lakes

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 MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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