MLS® ID: 5262538

3016 Portland Avenue

Minneapolis, Minnesota, 55407

$475,000 Pending
  • 8 Beds
  • 3 Baths
  • 3688 SQFT
Unique opportunity to invest in a renovated, centrally located triplex offering classic South Minneapolis charm. Two spacious 3-bedroom units each offer an attractive layout with a sunroom and a dining room with built-in, while the 2-bedroom unit has been completely updated with a brand new kitchen, bathroom, and refinished hardwood floors throughout. In addition to spacious units, each unit has a dedicated storage unit down stairs and there is a two car garage with newly wired electrical.The previous owners did much of the heavy lifting to update and bring the property back to life. Improvements made have increased the overall appeal to renters and increased rental income significantly.Centrally located, walkable to both Midtown Global Market and Powderhorn Park. The location offers unique, easy access to downtown, uptown, and South Minneapolis with the Greenway and main city thoroughfares like Portland & Park Avenue close by. 2nd floor unit can be rented for 1600/month. Great opp!
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Listing courtesy of RE/MAX Results

Amenities

  • Full baths
    3
  • Full Baths Range
    3.0 Baths
  • Total Baths
    3
  • Zip
    55407
  • Office name
    RE/MAX Results
  • SQFT
    3688
  • Bedrooms
    8
  • Property type
    Multi-Family
  • Zoning type
    Residential-Multi-Family
  • School district
    1 - Minneapolis
  • Year built
    1916
  • Lot size
    Tree Coverage - Light
  • Sewer
    City Sewer/Connected
  • Heating
    Hot Water,Boiler
  • Tax year
    2019
  • Agent name
    Julie A Trones
  • Tax amount
    $ 6190.0
  • Purchase Type
    Pending
  • Price Range
    $400k-$500k
  • Square Feet Range
    3500-4000 sq ft.
  • Bedrooms Range
    8 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    6274
  • Agent ID
    502003226

Location

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