3019 Emerson Avenue N Minneapolis, MN 55411
Listing Courtesy of: NORTHSTAR MLS / Coldwell Banker Realty / Kristy Burau - Contact:  952-215-8779

  3019 Emerson Avenue N Minneapolis, MN 55411

Pending (18 Days)
$244,900

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.

MLS #:
6674791
Taxes
$3,391(2024)
Lot Size
5,663 SQFT
Type
Multifamily
Year Built
1921
Style
Two
School District
Minneapolis
County
Hennepin County

Listed By

Kristy Burau, Coldwell Banker Realty, Contact: 952-215-8779
Source
NORTHSTAR MLS
Last checked Apr 4 2025 at 1:46 PM GMT+0000
Bathroom Details
Subdivision
  • Silver Lake Add
Property Features
  • High Ground
Heating and Cooling
  • Forced Air
Basement Information
  • Unfinished
  • Block
Exterior Features
  • Roof: Age Over 8 Years
Utility Information
  • Sewer: City Sewer/Connected
  • Fuel: Electric
Parking
  • Open
  • Parking Lot
Stories
  • 2
Living Area
  • 2,200 sqft
Additional Information: South Regional | 952-215-8779
Location
   
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