2929 2nd Avenue S
Minneapolis, MN 55408
- – beds
- – baths
- 2,992 sqft
- $118 per sqft
- 1910 build
- – on site
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Charming 1910-built 4-plex, owned for 14 years, is the perfect investment opportunity. Each of the four 1-bedroom, 1-bathroom units boasts hardwood floors, an open-concept living and dining area, and timeless character. Located just minutes from downtown Minneapolis with easy highway access, residents will love being close to lakes, trails, shops, restaurants, and cafes. The property features a newer roof (less than 8 years old), a 2-stall garage, and three additional parking spaces, offering potential for extra income. Four storage units, two currently rented out, further enhance income potential. With leases set to renew (three expiring in October and one in December), this property has a proven history of always being rented. Priced competitively for a quick sale, don’t miss out on this investment opportunity!
Listing courtesy of NORTHSTAR / Carissa Kemnitz / Coldwell Banker Realty
Last checked:
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Last updated Nov 14, 2024
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MLS# 6603537 —
The Building
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Year Built:1910
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New Construction:false
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Age Of Property:114
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Construction Materials:Stucco, Vinyl Siding
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Roof:Rolled/Hot Mop, Flat
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Accessibility Features:None
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Levels:Two
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Main Level Finished Area:1496.0000
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Basement:Egress Window(s), Concrete, Stone/Rock, Unfinished
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Basement:true
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Foundation Area:945
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Building Area Total:3937
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Above Grade Finished Area:2992
Room Dimensions
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Living Area:2992
Location
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Directions:E Lake St, North on 2nd Ave S (Just East of 35W)
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Latitude:44.949137
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Longitude:-93.273749
The Property
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Parcel Number:3402924430018
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Zoning Description:Residential-Multi-Family
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Additional Parcels:false
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Lot Features:Tree Coverage - Medium
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Lot Size Area:0.12
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Lot Size Dimensions:42x126
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Lot Size Units:Acres
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Topography:Level
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Road Frontage Type:Private Road
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Fencing:Chain Link, Partial, Wood
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Water Source:City Water/Connected
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (913) 710-0092
- Office phone:
- (952) 473-3000
Taxes
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Tax Year:2024
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Tax Annual Amount:7312
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Tax With Assessments:7312.0000
Heating & Cooling
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Heating:Boiler
Utilities
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Electric:Circuit Breakers
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Sewer:City Sewer/Connected
Appliances
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Refrigerator:Four
Schools
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High School District:Minneapolis
The Community
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Subdivision Name:Boulevard Add
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Association Amenities:Common Laundry, Coin-op Laundry Owned, Deck, Porch
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Assessment Pending:No
Parking
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Parking Features:Detached, Asphalt, More Parking Offsite for Fee
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Garage Spaces:2
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/14/24
Nov 14, 2024
|
Sold | NORTHSTAR | $355,500 | -6.4% |
10/7/24
Oct 7, 2024
|
Pending | NORTHSTAR | $380,000 | |
9/19/24
Sep 19, 2024
|
Listed / Active | NORTHSTAR | $380,000 |