3433 Snelling Avenue

Minneapolis, MN 55406

$469,900
Price
—
Beds
2,392 Sq. Ft.
$196 / Sq. Ft.
2,392
Sq. Ft.
$196
per Sq. Ft.

Description

Discover a remarkable investment opportunity with this family-friendly duplex in Minneapolis, built in
1917. Each of the two units-one above and one below-boasts two bedrooms and a full bathroom, along with a convenient two-car detached garage. The lower unit comes fully furnished and has a proven track record as an Airbnb, generating an impressive average of $2,500 per month, supported by a stellar collection of five-star reviews that highlight its prime location and extensive renovations. With the
...Discover a remarkable investment opportunity with this family-friendly duplex in Minneapolis, built in
1917. Each of the two units-one above and one below-boasts two bedrooms and a full bathroom, along with a convenient two-car detached garage. The lower unit comes fully furnished and has a proven track record as an Airbnb, generating an impressive average of $2,500 per month, supported by a stellar collection of five-star reviews that highlight its prime location and extensive renovations. With the unit already
furnished, you can start earning income immediately. In the last three years, significant upgrades have been made, including a new roof, a spacious 27 x 8.75 patio complete with a French drain system, new fencing, and a modern HVAC system that adds central air to the upper unit. The lower unit has received a new boiler, updated bathrooms, and insulation in both the attic and exterior walls for enhanced energy efficiency. Additionally, electrical and plumbing systems have been upgraded, along with numerous cosmetic enhancements. The upper unit has also been beautifully renovated and has served as an owner-occupied space, making it
perfect for families, couples or individuals who want to step into the world of real estate investing. Alternatively, you can capitalize on the rental potential by listing it on Airbnb, potentially earning
similar income to the lower unit. The property features a spacious fenced-in backyard with an in-ground fire pit making it a perfect place for outdoor play, gardening, and hosting get-togethers with friends and family. Don't miss out on this incredible opportunity!
  1. Listed by Keller Williams Realty Integrity

Property Details for 3433 Snelling Avenue

Neighborhood
Howe
Subdivision Name
Palmers Add
LISTING UPDATED: 11/09/2024 05:05 AM

Property Details for 3433 Snelling Avenue

StatusActive
MLS #6628970
Days on Compass4
Taxes$4,388 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex Up and Down
Year Built1917
Lot Size0.05 AC / 2,178 SF
CountyHennepin County

Building Information for 3433 Snelling Avenue

Stories-Residences2Year Built1917Building Size-Lot Size0.05 AC / 2,178 SF

Property Information for 3433 Snelling Avenue

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Hiawatha Avenue (Hwy 55) South to left on 35th Street to left on Snelling to home.
  • Latitude: 44.940459
  • Longitude: -93.229759
  • Map Coordinate: 121-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55406
  • State Or Province: MN
  • Public Survey Township: 28
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 0102824410052
  • Tax Annual Amount: $4,388.00
  • Tax Legal Description: LOT 028 BLOCK 001 PALMERS ADDN TO MPLS
  • Tax Other Annual Assessment Amount: $342,000.00
  • Tax Year: 2024
  • Tax With Assessments: 342000.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 2392.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 2392.0
  • Lot Size Area: 0.05
  • Lot Size Dimensions: 6098
  • Lot Size Units: Square Feet
  • Present Use: Yearly
  • Property Sub Type: Duplex Up and Down
  • Property Type: Residential Income
  • SQFT Main Total: 1196.0000
  • Building Area Total: 3192.0
  • Above Grade SqFt Total: 2392.0000
  • Below Grade SqFt Total: 800.0000
Property and Assessments
  • Age Of Property: 107
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1196.0
  • Fuel: Natural Gas
  • Roof: Age 8 Years or Less
Interior Features
  • Basement Type: Block
  • DP Resource: Y
  • Garage Square Feet: 528
  • Heating: Forced Air
  • Levels: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 2
  • Unit SqFt: 1196
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 12x10
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 17x7
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 14x12
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Dimensions: 14x12
  • Bedroom 4 Room Level: Main (Ground)
  • Kitchen Room Dimensions: 14x7
  • Kitchen Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 0
  • Unit Furnished: Yes
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Description: Upper Level Full Bath
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 2
  • Unit SqFt: 1196
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Dining Room Dimensions: 16x11
  • Dining Room Level: Upper
  • Extra Room 1 Dimensions: 14x12
  • Extra Room 1 Level: Upper
  • Extra Room 2 Description: Dining Room
  • Extra Room 2 Dimensions: 14x10
  • Extra Room 2 Level: Upper
  • Extra Room 3 Dimensions: 15x10
  • Extra Room 3 Level: Upper
  • Family Room Dimensions: 12x10
  • Family Room Level: Upper
  • Licing Room Dimensions: 14x7
  • Living Room Level: Upper
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 0

Property History for 3433 Snelling Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3433 Snelling Avenue

Taxable ValueLand$100,000Additions$242,000Total$342,000
Tax Record2023$4,388 ($366 / month)
Home Facts
Baths2Total Finished SqFt2,392 SqFtAbove Grade Finished SqFt2,392 SqFtStories2Lot Size6,098 SqFtStyleDuplexYear Built1917ZoningR1ACountyHENNEPINAPN01-028-24-41-0052

Schools near 3433 Snelling Avenue

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hiawatha Elementary School
PublicK to 2

Howe Elementary School
Public3 to 5

Sanford Middle School
Public6 to 8

Roosevelt Senior High School
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.

Similar Homes

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3433 Snelling Avenue is a multi-family home for sale in Minneapolis, MN 55406. This property was listed for sale on November 8, 2024 by Keller Williams Realty Integrity, it's currently listed at $469,900. It has been on the market for a total of 4 days and was last sold on March 22, 2024. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Hiawatha Elementary School, Howe Elementary School and Sanford Middle School. 3433 Snelling Avenue is a 0-bed, 0-bath, 2,392 sqft multi-family home built in 1917.

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 Realty Integrity

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 11/09/2024 05:05 AM