3322 Stevens Avenue, Minneapolis, MN

$315,000

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5

Beds

2

Baths

3,899

Square feet

0.13

Acres

About 3322 Stevens Avenue

Strong income potential in this duplex investment opportunity! Previously generating a combined $3,630/month in rental income, with the upper unit renting for $2,030/month and the main-level unit renting for $1,600/month. That represents $43,560 in potential gross annual rental income based on the previous rents. Both units offer the convenience of in-unit laundry, while an additional washer and dryer set in the unfinished basement provides even more flexibility for the property. A newer high-efficiency boiler adds to the property's appeal and efficiency. With two rentable units, separate laundry, a newer mechanical system, and a demonstrated rental history, this property offers an attractive opportunity for investors seeking strong income potential and long-term investment value.

Features of 3322 Stevens Avenue

MLS® # 7144656
Price $315,000
Bedrooms 5
Bathrooms 2.00
Square Footage 3,899
Acres 0.13
Year Built 1900
Type Residential Income
Sub-Type Duplex Up and Down
Status Active

Community Information

Address 3322 Stevens Avenue
Area 48
Subdivision Bakers 2nd Add
City Minneapolis
County Hennepin
State MN
Zip Code 55408

Amenities

Parking Detached Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Boiler, Hot Water
Fireplace No

Exterior

Exterior Features Stucco

School Information

District Minneapolis

Additional Information

Days on Market 10
Zoning Residential-Multi-Family
Foreclosure No
Short Sale Yes
Taxes $5,764

Listing Details

OfficeRE/MAX Results

Listing Map

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