3212 Portland Avenue, Unit A B C

Minneapolis, MN 55407

$485,000
Price
—
Beds
4,762 Sq. Ft.
$102 / Sq. Ft.
4,762
Sq. Ft.
$102
per Sq. Ft.

Description

This is a remarkable investment opportunity. It is perfect for investors who are looking to get into a cash-flowing investment property. 8 total bedrooms and 5 total baths. These are three fully leased condos in a triplex-style building that promises excellent cash flow and long-term stability. They are zoned as three separate condos, which offers a unique chance to own three properties under one roof. This property offers excellent cash flow and long-term stability. All three condos have the same...This is a remarkable investment opportunity. It is perfect for investors who are looking to get into a cash-flowing investment property. 8 total bedrooms and 5 total baths. These are three fully leased condos in a triplex-style building that promises excellent cash flow and long-term stability. They are zoned as three separate condos, which offers a unique chance to own three properties under one roof. This property offers excellent cash flow and long-term stability. All three condos have the same owner. Unit C: nearly 2,000 sq ft, spans two levels with 4 bedrooms and 2 bathrooms. Recent updates include a new refrigerator, rants and newly installed bathroom in the attic, and new carpeting in main living areas. Unit B: Nearly 1,200 sq ft, recently updated in 2020 with new flooring, bathroom fixtures, kitchen upgrads, new living room windows, a deck and an updraded electrical panel. Unit A: 820 sq ft, 2 bedrooms, 1 bathroom with side access to the yard and a dining room area
  1. Listed by Keller Williams Premier Realty

Property Details for 3212 Portland Avenue, Unit A B C

Neighborhood
Central
Subdivision Name
Condo 0162 Wolverton Condo
Zoning Jurisdiction
Residential-Multi-Family,Other
LISTING UPDATED: 11/12/2024 05:56 AM

Property Details for 3212 Portland Avenue, Unit A B C

StatusActive
MLS #6583080
Days on Compass130
Taxes$6,708 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1889
Lot Size0.19 AC / 8,276 SF
CountyHennepin County

Building Information for 3212 Portland Avenue, Unit A B C

Stories-Residences3Year Built1889Lot Size0.19 AC / 8,276 SF

Property Information for 3212 Portland Avenue, Unit A B C

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Follow I94 W to E Grant St in Minneapolis. Take exit 233A from I-94. Drive to Portland Ave S. Turn right onto Portalnd Ave S
  • Latitude: 44.94444
  • Longitude: -93.268128
  • Map Coordinate: 106-D4
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55407
  • State Or Province: MN
  • Public Survey Township: 28
Taxes and HOA Information
  • Additional Parcels Description: 0302824140230,0302824140231
  • Additional Parcels: Yes
  • Parcel Number: 0302824140229
  • Tax Annual Amount: $6,708.00
  • Tax Legal Description: CONDO NO 0162 WOLVERTON CONDO APT NO A
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 6708.1400
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Current Use: Residential
  • Lot Features: Public Transit (w/in 6 blks)
  • Lot Size Area: 0.19
  • Lot Size Dimensions: 42.1x119.35
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 4762.0
Property and Assessments
  • Age Of Property: 135
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Separate
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Deck, Patio
  • Foundation Area: 1974.0
  • Fuel: Electric,Natural Gas
  • Roof: Age Over 8 Years, Asphalt
  • Patio Porch Type: Patio
Interior Features
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement Type: Block, Storage/Locker
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Levels: Three Or More
  • Number of Refrigerator: Three
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath Full: 1
  • Unit Rooms Total: 5
  • Unit SqFt: 821
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
  • Unit Level: MAIN
  • Unit Number: A
Unit 2
  • Unit Bath Full: 1
  • Unit Rooms Total: 7
  • Unit SqFt: 1143
  • Unit Type Actual Rent: $1,235.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
  • Unit Level: MULTI
  • Unit Number: B
Unit 3
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 1
  • Unit Rooms Total: 9
  • Unit SqFt: 1935
  • Unit Type Actual Rent: $1,995.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Is Leased: 1
  • Unit Level: MULTI
  • Unit Number: C

Property History for 3212 Portland Avenue, Unit A B C

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3212 Portland Avenue, Unit A B C

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lyndale Elementary School
PublicPK to 5

Justice Page Middle School
Public6 to 8

Washburn Senior High School
Public9 to 12

Heritage Academy ALC
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3212 Portland Avenue, Unit A B C is for sale in Minneapolis, MN 55407. This property was listed for sale on August 8, 2024 by Keller Williams Premier Realty, it's currently listed at $485,000. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Lyndale Elementary School, Justice Page Middle School and Washburn Senior High School. 3212 Portland Avenue, Unit A B C is a 0-bed, 0-bath, 4,762 sqft built in 1889.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Premier Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 11/12/2024 05:56 AM