$244,900
 $1,315 est/mo Sourced by Back At You

3019 Emerson Avenue , Minneapolis, MN 55411

Minneapolis, MN 55411

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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. New roof (2024) and fresh exterior paint (2024) for enhanced 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 ahigh-growth area.

Details

MLS#6674791
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusComing Soon
Year1921
Days On Site11
Listing Provided ByColdwell Banker Realty | Kristy Burau

Features

SQ Feet2,200
BasementY
Story(s)2
Units2
ZoningResidential-Multi-Family
Acreage0.13

Market Activity 55411

 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of March 15, 2025 at 6:54:42 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyHennepin
CityMinneapolis
Zip Code55411
AreaJordan
Community NameSilver Lake Add
School District1
Listing VS Median (In Silver Lake Add)
Price:
$244,900
low | high
Med:
$277,500
36.688444262964% of Average
SqFt:
2,200
low | high
Med:
1,747
70.590909090909% of Average
$ / SqFt:
$111
low | high
Med:
$159
7.306569764466% of Average
On site:
11
low | high
Med:
3.000000
100% of Average
Sourced by Back At You
Listing Updated: March 13, 2025 at 1:28:49 PM PDT
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