For Sale Duplex MLS# 7161680

3118 Newton Avenue N

Minneapolis, MN 55411

$339,000

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About 3118 Newton Avenue N

UP TO $97,000 IN POTENTIAL HOMEBUYER ASSISTANCE MAY BE AVAILABLE — PLUS $3,400/MONTH IN CURRENT RENTAL INCOME! Eligible owner-occupants may have access to multiple homebuyer assistance programs, potentially including up to $45,000 through the Advancing Black Homeownership Community Fund, up to $32,000 in first-generation assistance, and up to $20,000 through the City of Minneapolis, subject to individual eligibility, available funding and program requirements. Not all programs may be combined. Both units are currently leased with $3,400/month in combined rental income. The lower level offers additional finished space, a framed bedroom area and rough-ins for a future kitchen and bathroom, creating potential for additional value. Buyer to verify zoning, permits, code compliance and permitted use with the City of Minneapolis. An opportunity to combine rental income with potentially substantial homebuyer assistance.

Property details

Property

Type
Duplex Side by Side
MLS type
Duplex
Status
Active
Year built
1914
Stories
Two
Living area
1,730 sqft
Price / sqft
$196
Lot
0.12
Original price
$339,000
MLS #
7161680

Interior

Features
Boiler, Unfinished
Heating
Boiler

Exterior & lot

Features
Vinyl
Construction
Two, Brick/Mortar
Foundation
Brick/Mortar
Lot
0902924320150
Garage spaces
1

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$3,603
Tax year
2025
Parcel
0902924320150

Location

Subdivision
Hamischs 3rd Add
County
Hennepin
Neighborhood
Jordan
Community
Hennepin, northstar, Minneapolis
Directions
Take Lowry to Newton. Go South. Home is on E side of Newton.

Location

Neighborhood
Jordan
Subdivision
Hamischs 3rd Add
School district
Minneapolis Public School District

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Listed by Mark D. Heinzman, Coldwell Banker Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.