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3322 Stevens Avenue, Minneapolis, MN 55408

Status: For Sale

2 units
3,899 sq ft 2 garage spaces

$296,384

$18,616 from List Price

WELCOME HOME

Get to know this property.

Strong income potential in this duplex investment opportunity! Previously generating a combined $3,630/month in rental income, with the upper unit renting for $2,030/month and the main-level unit renting for $1,600/month. That represents $43,560 in potential gross annual rental income based on the previous rents. Both units offer the convenience of in-unit laundry, while an additional washer and dryer set in the unfinished basement provides even more flexibility for the property. A newer high-efficiency boiler adds to the property's appeal and efficiency. With two rentable units, separate laundry, a newer mechanical system, and a demonstrated rental history, this property offers an attractive opportunity for investors seeking strong income potential and long-term investment value.

The details that matter.

General Property Information for 3322 Stevens Avenue, Minneapolis, MN 55408 - MLS# 7144656
Bedrooms and Bathrooms
Total Bedrooms:
5
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1900
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
2 Story
Total SqFt:
3,899
Total Fnsh'd SqFt:
3,899
Above Ground SqFt:
3,565
Finished Above Grade:
3,565
Below Ground SqFt:
334
Finished Below Grade:
334
Garage Stalls:
2
Garage SqFt:
400
Main Floor SqFt:
995
Approx Lot Dimensions:
45.00 X 130.00
Approx Number of Acres:
0.13
Income and Expenses
Gross Income:
$43,560
Total Expenses:
$0

A closer look at the location.

Lake Street to Stevens south to home

This listing has been entered by the following office: RE/MAX Results

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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