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Off market
  • $577,400

    3016 Portland Ave, Minneapolis, MN 55407

    8beds
    3,688sqft
    MultiFamily
    Built in 1916
    -- sqft lot
    $577,400 Zestimate®
    $157/sqft
    $1,842 Estimated rent

    Owner options

    List your home for rent

    $1,842/mo

    Rent Zestimate®

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    $1,842/mo

    Rent Zestimate®

    Refinance and save

    $3,530/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $3,530/mo

    Est. payment

    What's special

    Unique opportunity to invest in a renovated, centrally located triplex offering classic South Minneapolis charm. Two spacious 3-bedroom units each offer an attractive layout with a sunroom and a dining room with built-in, while the 2-bedroom unit has been completely updated with a brand new kitchen, bathroom, and refinished hardwood floors throughout. In addition to spacious units, each unit has a dedicated storage unit down stairs and there is a two car garage with newly wired electrical.The previous owners did much of the heavy lifting to update and bring the property back to life. Improvements made have increased the overall appeal to renters and increased rental income significantly.Centrally located, walkable to both Midtown Global Market and Powderhorn Park. The location offers unique, easy access to downtown, uptown, and South Minneapolis with the Greenway and main city thoroughfares like Portland & Park Avenue close by. 2nd floor unit can be rented for 1600/month. Great opp!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Other
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,688 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stucco
    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: 0302824110118

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Roof: Asphalt
    Condition
    • Year built: 1916

    Community & neighborhood

    Location
    • Region: Minneapolis
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $577,400
    2% more+$11,548
    With Zillow Showcase(estimated)$588,948