$244,900
Est. payment /mo
2,200 SqFt
Coming Soon
3019 Emerson AVE N Minneapolis, MN 55411
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UPDATED:
03/04/2025 10:19 PM
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $111
Subdivision Silver Lake Add
MLS Listing ID 6674791
Year Built 1921
Annual Tax Amount $3,391
Tax Year 2024
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions Irregular
Property Sub-Type Duplex Up and Down
Property Description
Nicely Maintained Duplex in Rapidly Appreciating Area! Check out the list of community improvements planned for 2025! Investors and owner-occupants, don't miss this large two-story duplex, perfect for expanding your portfolio or generating rental income! With a Tier 1 rental license, which is a well-maintained property, requires minimal city intervention, and is the least expensive, and strong 1% investment rule, this property delivers instant cash flow with total rents of $2,970/month. Both units feature 2 bedrooms, 1 bath, and large living spaces, providing comfortable layouts for tenants or owner-occupants. Fresh exterior paint (2024) enhances curb appeal and value. Each unit has separate utilities, ensuring ease of management and cost control. With property values increasing in North Minneapolis, this is a smart investment in a
high-growth area.
high-growth area.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Parking Lot, Open
Fence None
Roof Type Age Over 8 Years
Building
Story Two
Foundation 1100
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
Listed by Kristy Burau • Coldwell Banker Realty
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