Price Reduction
Address
1041 15th Avenue SE Minneapolis, MN
Price
$ 479,900
Property Attributes
  • ID#6101982
  • TypePending
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaElwells Add
  • NeighborhoodElwells Add
  • Zip55414
  • StyleDuplex Up and Down
  • Year Built1906
  • Taxes$ 8610
  • Price$ 479,900
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3823
  • Lot Size10,454 SqFt
Listing Provided Courtesy Of:
Metro Group Real Estate
Data Source:
Northstar MLS (NSTAR) - 133 - MN
Property Description

Property is currently vacant. 7 bedroom/4 bath duplex in Como neighborhood just north of Como Avenue SE and Van Cleve Park. Many years as a student rental. Lower unit has 3 bedrooms (one on main floor and two in the basement) and upper unit has 4 bedrooms on two stories. Very large building on double wide lot w/2 car garage and lots of parking. Has 2 kitchens and a stoveless kitchen in the basement. Building has a indoor pool that is currently used for storage. Sale contingent on Seller signing a lease to continue to use the pool room for storage. Close to U of MN with easy access to downtown Minneapolis. 1.5 blocks to bus stop. Gross Potential Rent: $49,500 + garage rent. Currently Priced Under Assessed Value.

Price History
9/17/2021 Listed $545,500
10/13/2021 5% - $519,900
11/4/2021 8% - $479,900

General Features

Accessibility None
Additional Parcels Y/N No
Basement Finished
City Minneapolis
Construction Materials Fiber Cement
Contingency None
County Hennepin
Days on Market 73
Directions Off 35w to hennepin east to 14th Av south to Talmage to south on 15th Av.
Garage Spaces 2
Grossincome 49500
Heating Hot Water
High School District Minneapolis
Insurance Expense 2700
Lender Owned No
Levels More Than 2 Stories
Maintenanceexpense 1250
New Construction No
Operatingexpense 17000
Property SubType Duplex Up and Down
Property Type Residential Income
Sewer City Sewer/Connected
Standard Status Pending
Street Name 15th
Subdivision Name Elwells Add
Tax Annual Amount 8610
Tax Year 2021
Total Units 2
Year Built 1906

Interior Features

Above Grade Finished Area 2743
Below Grade Finished Area 1080
Fireplace Y/N No
Fuel Natural Gas
Garage Dimensions 20x25
Garage Square Feet 500
Living Area 3823
SQFT Above Ground Total 2743.00
SQFT Below Ground Total 1080.00
SQFT Main Total 1110.00
SQFT Total 3823.00
Street Suffix Avenue
Unit Type Unit 1, Unit 2, Unit 3, Unit 4

Exterior Features

Foundationarea 1080
Lot Dimensions 80 x 132
Lot Size Area 0.24
Lot Size Units Acres
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 55414

Price
AVG $500K
$480K
Taxes
AVG $6,602
$8,610
Visits
AVG 90
58
Year Built
AVG 1958
1906
Walkscore
AVG 79
79
Data Provided by Walkscore ® not using MLS data