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3108 Virginia Avenue N, Minneapolis, MN 55427

Status: Sold

2 units
2,663 sq ft 1 garage spaces

$350,000

WELCOME HOME

Get to know this property.

Property is currently a one-level rambler being rented as a single room occupancy building. This model brings strong cash flows. Great opportunity for a house hack, live free with positive cash flow as an owner occupied house. Seller is willing to consult for up to 3 years to assist with this unique and profitable model. This move-in ready, one-level offers an open layout with spacious rooms, perfect for todays living. The upgraded kitchen features granite countertops, stainless steel appliances, and flows seamlessly into the living and dining areas, making it ideal for entertaining. Original white oak hardwood floors carry throughout the main level, adding warmth and timeless character. A stunning wall of windows lets the sun pour in and offers views of the large, fully fenced backyard-providing privacy, shade, and space to relax or play. Walkable to restaurants, entertainment, schools, and parks, this home sits on a quiet street in a high-demand neighborhood. Downstairs, you'll find a fully refinished walkout basement with a versatile bonus room-perfect for a home office, gym, hobby space, or additional bedroom. The lower level also features two updated¾ bathrooms (one completed in 2023), and offers an excellent layout for a Mother-in-Law suite or Accessory Dwelling Unit (ADU). Additional highlights include: A large driveway with ample off-street parking Rare indoor heated shop beneath the garage Roof replaced in 2012 Boiler installed in 2007 An excellent opportunity for both homeowners and investors-house hack by renting up to four bedrooms to reduce or even eliminate monthly out-of-pocket costs. Own for less than rent in a location that offers lasting value and unbeatable convenience.

The details that matter.

General Property Information for 3108 Virginia Avenue N, Minneapolis, MN 55427 - MLS# 7022830
Bedrooms and Bathrooms
Total Bedrooms:
5
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1961
Type of Property:
Multi Family Residence
Style:
Duplex Other
Stories/Levels:
1 Story
Total SqFt:
2,663
Total Fnsh'd SqFt:
2,663
Above Ground SqFt:
1,158
Finished Above Grade:
1,158
Below Ground SqFt:
1,158
Finished Below Grade:
1,505
Garage Stalls:
1
Garage SqFt:
308
Main Floor SqFt:
1,158
Approx Lot Dimensions:
75 x 103 x 12 x 84 x 107
Approx Number of Acres:
0.2
Income and Expenses
Gross Income:
$37,740
Total Expenses:
$0

A closer look at the location.

From Hwy 55 North on Winnetka to 30th St West to Virginia, North to home on East side of street.

This listing has been entered by the following office: Edina Realty, Inc.

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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