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3433 Snelling Avenue

Minneapolis, MN 55406

– beds
– baths
2,392 sqft
$196 per sqft
1917 build
– on site

Discover a remarkable investment opportunity with this family-friendly duplex in Minneapolis, built in 1917. Each of the two units-one above and one below-boasts two bedrooms and a full bathroom, along with a convenient two-car detached garage. The lower unit comes fully furnished and has a proven track record as an Airbnb, generating an impressive average of $2,500 per month, supported by a stellar collection of five-star reviews that highlight its prime location and extensive renovations. With the unit already furnished, you can start earning income immediately. In the last three years, significant upgrades have been made, including a new roof, a spacious 27 x 8.75 patio complete with a French drain system, new fencing, and a modern HVAC system that adds central air to the upper unit. The lower unit has received a new boiler, updated bathrooms, and insulation in both the attic and exterior walls for enhanced energy efficiency. Additionally, electrical and plumbing systems have been upgraded, along with numerous cosmetic enhancements.The upper unit has also been beautifully renovated and has served as an owner-occupied space, making it perfect for families, couples or individuals who want to step into the world of real estate investing. Alternatively, you can capitalize on the rental potential by listing it on Airbnb, potentially earning similar income to the lower unit. The property features a spacious fenced-in backyard with an in-ground fire pit making it a perfect place for outdoor play, gardening, and hosting get-togethers with friends and family. Don't miss out on this incredible opportunity!

Listing courtesy of NORTHSTAR / Karla Gallardo / Keller Williams Realty Integrity

Last checked: Checking… • Last updated Nov 9, 2024 •

MLS# 6628970 —

The Building

Year Built:

1917
New Construction:

false
Age Of Property:

107
Construction Materials:

Stucco
Roof:

Age 8 Years or Less
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1196.0000
Basement:

Block
Basement:

true
Foundation Area:

1196
Building Area Total:

3192
Above Grade Finished Area:

2392

Room Dimensions

Living Area:

2392

Location

Directions:

Hiawatha Avenue (Hwy 55) South to left on 35th Street to left on Snelling to home.
Latitude:

44.940459
Longitude:

-93.229759

The Property

Parcel Number:

0102824410052
Property Type:

Residential Income
Property Subtype:

Duplex Up and Down
Additional Parcels:

false
Lot Size Area:

0.05
Lot Size Dimensions:

6098
Lot Size Units:

Square Feet
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

4388
Tax With Assessments:

342000.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Sewer:

City Sewer/Connected

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Palmers Add
Assessment Pending:

No

Parking

Garage Spaces:

1
Garage SqFt:

528

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/8/24 Nov 8, 2024	Listed / Active	NORTHSTAR	$469,900	4.4%
3/22/24 Mar 22, 2024		NORTHSTAR	$450,000	2.3%
2/23/24 Feb 23, 2024		NORTHSTAR	$440,000

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This multifamily located in Longfellow, Minneapolis, MN 55406 is currently for sale for $469,900. 3433 Snelling Avenue is a 2,392 square foot multifamily with – beds and – baths that has been on Estately for 13 days. 3433 Snelling Avenue is in the Longfellow neighborhood of Minneapolis and has a WalkScore® of 67, making it somewhat walkable. This multifamily is in the attendance area of Roosevelt High School, Hiawatha Community School - Hiawatha Campus, Sanford Middle School, and Hiawatha Community School - Howe Campus.

Listing Courtesy of: NORTHSTAR and Keller Williams Realty Integrity.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.