For Sale Duplex MLS# 7144656

3322 Stevens Avenue

Minneapolis, MN 55408

$305,550

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About 3322 Stevens Avenue

Strong income potential in this duplex investment opportunity! Previously generating a combined $3,630/month in rental income, with the upper unit renting for $2,030/month and the main-level unit renting for $1,600/month. That represents $43,560 in potential gross annual rental income based on the previous rents. Both units offer the convenience of in-unit laundry, while an additional washer and dryer set in the unfinished basement provides even more flexibility for the property. A newer high-efficiency boiler adds to the property's appeal and efficiency. With two rentable units, separate laundry, a newer mechanical system, and a demonstrated rental history, this property offers an attractive opportunity for investors seeking strong income potential and long-term investment value.

Property details

Property

Type
Duplex Up and Down
MLS type
Duplex
Status
Active
Year built
1900
Stories
Two
Living area
3,899 sqft
Price / sqft
$78
Lot
0.13
Original price
$315,000
MLS #
7144656

Interior

Features
Baseboard, Boiler, Hot Water, In Basement, In Unit, Unfinished
Heating
Baseboard, Boiler, Hot Water
Laundry
In Basement, In Unit

Exterior & lot

Features
Stucco, Detached Garage
Construction
Two
Lot
0302824130099
Parking
Detached Garage
Garage spaces
2

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
$5,764
Tax year
2026
Parcel
0302824130099
Special conditions
Short Sale

Location

Subdivision
Bakers 2nd Add
County
Hennepin
Neighborhood
Lyndale
Community
Hennepin, northstar, Minneapolis
Directions
Lake Street to Stevens south to home

Location

Neighborhood
Lyndale
Subdivision
Bakers 2nd Add
School district
Minneapolis Public School District

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Listed by Kerby & Cristina Real Estate Experts, RE/MAX Results

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.