Address
3221 Grand Avenue S Minneapolis, MN
Price
$ 639,000
Property Attributes
  • ID#6123331
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaMotor Line Add
  • NeighborhoodMotor Line Add
  • Zip55408
  • StyleQuadruplex
  • Year Built1963
  • Taxes$ 7393
  • Price$ 639,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2464
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Morgan And Trust Realty
Data Source:
Northstar MLS (NSTAR)
Property Description

Classic fourplex in the Lyndale neighborhood along Grand Ave. A strong rental area, centrally located near numerous cafes, restaurants, stores and shops. Easy access to the lakes, uptown and downtown. All four units have one bedroom, one bath, hardwood floors, an open kitchen to the living room and eat-in counters. Four parking spaces in the back and a fenced in yard. New roof and gutters in 2020, new awning 2020, and other interior updates. Coin-op laundry in lower level with storage areas and closets for tenants. Solid investment in great neighborhood.

Price History
11/9/2021 Listed $639,000

General Features

Accessibility None
Additional Parcels Y/N No
Association Amenities Coin-op Laundry Owned
Basement Full, Daylight/Lookout Windows, Block, Storage Space, Shared Access
City Minneapolis
Construction Materials Stucco
Contingency None
County Hennepin
Days on Market 1
Directions LYNDALE TO 32ND-EAST TO GRAND-NORTH TO PROPERTY
Electric Circuit Breakers
Electric Expense 160
Fuel Expense 1458
Grossincome 40740
Heating Baseboard, Hot Water
High School District Minneapolis
Insurance Expense 2000
Lender Owned No
Levels Two
Maintenanceexpense 1200
New Construction No
Operatingexpense 8928
Ownerpays Taxes, Insurance, Water, Fuel, Repairs, Trash Collection, Snow Removal, Grounds Care
Property SubType Quadruplex
Property Type Residential Income
Roof Asphalt, Age 8 Years or Less
Sewer City Sewer/Connected
Standard Status Active
Street Name Grand
Subdivision Name Motor Line Add
Tax Annual Amount 7393
Tax Year 2021
Tenant Pays Electricity, Cable TV
Total Units 4
Trash Expense 1200
Water Sewer Expense 1710
Year Built 1963
Zoning Description Residential-Multi-Family

Interior Features

Above Grade Finished Area 2464
Fireplace Y/N No
Fuel Natural Gas
Living Area 2464
SQFT Above Ground Total 2464.00
SQFT Below Ground Total 1232.00
SQFT Main Total 1232.00
SQFT Total 3696.00
Street Suffix Avenue
Unit Type Unit 1, Unit 2, Unit 3, Unit 4

Exterior Features

Fencing Full, Chain Link
Foundationarea 1232
Lot Dimensions 42X124
Lot Size Area 0.12
Lot Size Units Acres
Parking Features Asphalt
Road Frontage Type City Street
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 Multi-Family Average in 55408

Price
AVG $490K
$640K
Taxes
AVG $6,126
$7,393
Visits
AVG 98
58
Year Built
AVG 1906
1963
Walkscore
AVG 91
85
Data Provided by Walkscore ® not using MLS data

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