405 East 31st Street

Minneapolis, MN 55408

$1,000,000
Price
—
Beds
6,540 Sq. Ft.
$153 / Sq. Ft.
6,540
Sq. Ft.
$153
per Sq. Ft.

Description

Great investment deal! Three newly built townhomes in South Minneapolis, all units are rented out for a total monthly income of $8,600. Each unit boasts 3 bedroom, 3 bathroom, and a beautiful kitchen with granite countertops and stainless steel appliances. The primary bedroom features two walk-in closets with a convenient second level laundry room. A fully finished basement includes the third bedroom and full bathroom. 3 PID numbers, each townhome has own PID number.Great investment deal! Three newly built townhomes in South Minneapolis, all units are rented out for a total monthly income of $8,600. Each unit boasts 3 bedroom, 3 bathroom, and a beautiful kitchen with granite countertops and stainless steel appliances. The primary bedroom features two walk-in closets with a convenient second level laundry room. A fully finished basement includes the third bedroom and full bathroom. 3 PID numbers, each townhome has own PID number.
  1. Listed by Real Estate Corners, Inc

Property Details for 405 East 31st Street

Neighborhood
Central
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 10/10/2024 12:12 PM

Property Details for 405 East 31st Street

StatusActive
MLS #6616329
Days on Compass72
Taxes$18,187 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built2023
Lot Size-
CountyHennepin County

Building Information for 405 East 31st Street

Stories-Residences3Year Built2023Lot Size-

Property Information for 405 East 31st Street

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Lake Street to 4th Ave, go South one block. The corner of 31st Street and 4th Avenue South.
  • Latitude: 44.9465927078
  • Longitude: -93.270049818
  • Map Coordinate: 106-D4
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55408
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels Description: 0302824110238,0302824110239
  • Additional Parcels: Yes
  • Parcel Number: 0302824110237
  • Tax Annual Amount: $18,187.00
  • Tax Legal Description: See tax record
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 18187.0000
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), Corner Lot, Sod Included in Price
  • Lot Size Dimensions: 90x52
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 6540.0
Property and Assessments
  • Age Of Property: 1
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Separate, Hot Water Separate
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 2220.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Flat
Interior Features
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement Type: Egress Window(s), Finished, Full
  • Cooling: Central Air
  • Heating: Forced Air
  • Levels: Two
  • Number of Refrigerator: Three
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 2
  • Unit Bath Half: 1
  • Unit Bath Qtr: 0
  • Unit SqFt: 2180
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Is Leased: 1
  • Unit Level: MULTI
  • Unit Number: 405
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 2
  • Unit Bath Half: 1
  • Unit Bath Qtr: 0
  • Unit SqFt: 2180
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Is Leased: 1
  • Unit Level: MULTI
  • Unit Number: 407
Unit 3
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 2
  • Unit Bath Half: 1
  • Unit Bath Qtr: 0
  • Unit SqFt: 2180
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Is Leased: 1
  • Unit Level: MULTI
  • Unit Number: 409

Property History for 405 East 31st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 405 East 31st Street

Taxable ValueLand-Additions-Total-
Tax Record2023$6,064 ($505 / month)
Home Facts
CountyHENNEPINAPN03-028-24-11-0237

Schools near 405 East 31st Street

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 - PK to 5
Rating
School
Distance
Lyndale Elementary School
PublicPK to 5

Justice Page Middle School
Public6 to 8

Washburn Senior High School
Public9 to 12

Green Central Park Elementary School
PublicPK to 5

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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405 East 31st Street is for sale in Minneapolis, MN 55408. This property was listed for sale on October 10, 2024 by Real Estate Corners, Inc, it's currently listed at $1,000,000. 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. 405 East 31st Street is a 0-bed, 0-bath, 6,540 sqft built in 2023.

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 Real Estate Corners, Inc

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 10/10/2024 12:12 PM