Home › 3019 Emerson Avenue N, Minneapolis, MN 55411 (MLS# 6674791)

3019 Emerson Avenue N, Minneapolis, MN 55411 (MLS# 6674791)

$244,900
3019 Emerson Avenue N
Minneapolis, MN 55411
MLS# 6674791
Status: Closed
4 beds  |  2 baths  |  2200 sqft
3019 Emerson Ave N features new roof and exterior paint.
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Property Description
Nicely Maintained Duplex in Rapidly Appreciating Area! Check out the list of community improvements planned for 2025! Investors and owner-occupants, don’t miss this large two-story duplex, perfect for expanding your portfolio or generating rental income! With a Tier 1 rental license, which is a well-maintained property, requires minimal city intervention, and is the least expensive, and strong 1% investment rule, this property delivers instant cash flow with total rents of $2,970/month. Both units feature 2 bedrooms, 1 bath, and large living spaces, providing comfortable layouts for tenants or owner-occupants. New roof (2024) and fresh exterior paint (2024) for enhanced curb appeal and value. Each unit has separate utilities, ensuring ease of management and cost control. With property values increasing in North Minneapolis, this is a smart investment in a high-growth area.

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-03-19
Contingency: None
Current Price: 250000
Closed Date: 2025-04-21
Original List Price: 244900
ListPrice: 244900
Sales Close Price: 250000
List Date: 2025-03-04
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1921
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 4
Baths Total: 2
Main Floor Total SqFt: 1100
Above Ground SqFt: 2200
Total SqFt: 2200
Foundation Size: 1100
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2200.00
Lot Dimensions: Irregular
Acres: 0.13
Assessment Pending: No
Location Tax and Other Information
House Number: 3019
Street Name: Emerson
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55411
Complex/Dev/Subdivision: Silver Lake Add
Assessments
Tax With Assessments: 3391
Building Information
Finished SqFt Above Ground: 2200
Income and Expenses
Annual Gross Income: 35640
Annual Insurance Expense: 1320
Annual Maintenance Expense: 1200
Annual Trash Expense: 300
Annual Water/Sewer Expense: 2400
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 09
Township#: 29
Unit 1
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 1
Annual Rent: 18600
Finished SqFt: 1100
Full Baths: 1
Monthly Rent: 1550
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 4
Unit 2
Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 17040
Full Baths: 1
Monthly Rent: 1420
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 4
Unit Details
Total Units: 2
Property Features
Accessible: None
Amenities Shared: None
Assumable Loan: Not Assumable
Basement: Concrete Block; Unfinished
Construction Status: Previously Owned
Electric: Circuit Breakers
Existing Financing: Conventional
Exterior: Stucco
Fencing: None
Financing Terms: Conventional
Foundation: Concrete Block
Fuel: Electric
Heating: Forced Air
Laundry: In Basement; Washer Hookup
Lock Box Type: Combo
Owner Pays: Exterior Maintenance; HVAC Maintenance; Insurance; Lawn; Maintenance/Repair; Sewer; Trash Collection; Water
Parking Characteristics: Parking Lot; Uncovered/Open
Rental License Type: Standard
Road Frontage: City Street
Roof: Age Over 8 Years
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity; Fuel; Gas; Heat; Hot Water; Snow Removal
Topography: High Ground
Unit 1 Appliances: Range; Refrigerator
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: None
Unit 1 Special Search: Main Floor Bedroom
Unit 2 Appliances: Range; Refrigerator
Unit 2 Bath Description: Upper Level Full Bath
Water: City Water/Connected

Listing Office: Coldwell Banker Realty

Last Updated: April - 22 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Wednesday 22nd of April 2026 11:48 AM

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