$500,000
3420 Portland Avenue
Minneapolis, MN 55407
MLS# 6341342
Status: Closed
7 beds  |  4 baths  |  3222 sqft


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Property Description
Opportunity knocks in this beautiful South Minneapolis duplex that could easily exceed the 1% rule. Huge units with intricate woodwork, off street parking spaces, and a Mother In Law suite attached for bonus income. Don't miss out on your chance to own this cash cow!

Details
Maps
Documents
Contract Information
Allow Auto Valuation Display?: Yes
Allow Consumer Comment: Yes
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2023-03-10
Contingency: None
Current Price: $500,000
Closed Date: 2023-03-10
Sales Close Price: 500000
Office/Member Info
Association: MAAR
MLSID: RMLS
General Property Information
# Carport Spaces: 0
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1900
Yearly/Seasonal: Yearly
Lot Dimensions: 42 X 118
Acres: 0.11
Bath Three Quarters: 0
Bath Half: 0
Bath Quarter: 0
Main Floor Total SqFt: 1611
Below Grd Total SqFt: 1611
Above Ground SqFt: 1611
Total Finished Sqft: 5184.00
Foundation Size: 1836
Lot Size SqFt: 4791.6
Style: (MF) Duplex Other
Garage Stalls: 0
Assessment Pending: Unknown
Bedrooms: 7
Baths Total: 4
Total SqFt: 3222
Location, Tax and Other Information
Map Page: 120
Municipality: Minneapolis
Rental License?: No
School District: Minneapolis
School District Phone: 612-668-0000
Map Coordinate Source: King's Street Atlas
Zip Plus 4: 5607
Property ID Number: 0302824410005
Tax Year: 2022
Tax Amount: 5280
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Opportunity knocks in this beautiful South Minneapolis duplex that could easily exceed the 1% rule. Huge units with intricate woodwork, off street parking spaces, and a Mother In Law suite attached for bonus income. Don't miss out on your chance to own this cash cow!
Directions: Lake St to Portland Ave S
Accessible
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 5280
Basement
Full: 1
Building Information
Finished SqFt Above Ground: 3573
Finished SqFt Below Ground: 1611
Construction Status
Previously Owned: 1
Exterior
Metal: 1
Fuel
Natural Gas: 1
Heating
Hot Water: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
FIPS Code: 27053
Homestead: No
Neighborhood Name
Central: 1
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 03
Township#: 28
Sellers Terms
Cash: 1
Conventional: 1
FHA: 1
Sewer
City Sewer/Connected: 1
Stories
More Than 2 Stories: 1
Unit Details
Total Units: 3
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0
Location Tax and Other Information
House Number: 3420
Street Name: Portland
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Complex/Dev/Subdivision: Clinton Ave Add
Property Features
Accessible: None
Basement: Full
Construction Status: Previously Owned
Exterior: Metal
Fuel: Natural Gas
Heating: Hot Water
Neighborhood Name: Central
Sellers Terms: Cash; Conventional; FHA
Sewer: City Sewer/Connected
Stories: More Than 2 Stories
Water: City Water/Connected

IDX
Listing Office: Unknown Office

Last Updated: April - 29 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.