Minneapolis, MN 55408,3315 5th AVE S
Minneapolis, MN 55408,3315 5th AVE S
Minneapolis, MN 55408,3315 5th AVE S
$285,000
Est. payment /mo
Est.Price: ?

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2,790 SqFt
SOLD DATE : 10/07/2025

Key Details

Sold Price $285,000

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Sold

Purchase Type For Sale

Square Footage 2,790 sqft

Price per Sqft $102

Subdivision Wolvertons Add

MLS Listing ID 6780415

Year Built 1904

Annual Tax Amount $4,799

Tax Year 2025

Lot Size 5,227 Sqft

Property Sub-Type Duplex Up and Down

Property Description

This is a charming 2-unit duplex in the city of Minneapolis. It looks great on the outside with newer windows. The siding and roofing are in great shape. It needs a bit of TLC on the inside. It would be a great home for owners who would like a bit of income from the secondary unit or for an investor who seeks steady income from stable tenants. The tenants have been there for over a decade. The current rent would cover the property expenses and yield positive cash flow. The seller is motivated. The Lower Unit (Unit 1) gave their notice for 9/30/2025. The lower unit's Fridge and Oven will be gone with the tenant as they vacate the property. This is an opportunity to raise the rent from $980 to $1300.

Location

State MN

County Hennepin

Interior

Heating Forced Air

Exterior

Parking Features Gravel

Fence Chain Link

Roof Type Age Over 8 Years

Building

Story Two

Foundation 1116

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Vinyl Siding

New Construction false

Schools

School District Minneapolis

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Listed by Ashraf El-Hakeem • Alpha Realty Inc

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Chad Pederson

Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

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