3108 Elliot AVE, Minneapolis, MN 55407
3108 Elliot AVE, Minneapolis, MN 55407
3108 Elliot AVE, Minneapolis, MN 55407
19
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$525,000
Est. payment /mo
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9 Beds
3 Baths
3,052 SqFt
Pending

3108 Elliot AVE Minneapolis, MN 55407

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Jeremy Moore

Jeremy Moore

+1(651) 895-9324

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,052 sqft

Price per Sqft $172

Subdivision The Erastus Byers Add

MLS Listing ID 7024111

Bedrooms 9

Year Built 1894

Annual Tax Amount $6,926

Tax Year 2025

Contingent None

Lot Size 4792.000 Acres

Lot Dimensions 40x123

Property Sub-Type Triplex

Property Description

Rare opportunity to acquire a tri-plex with below-market financing! 2.5% ASSUMABLE LOAN – SAVE $700-$800/MO/$9000 ANNUALLY vs today's rates. Buyer can assume approx. $432K at 2.5% creating a dramatically lower monthly payment than current market financing. Additional income from coin-operated laundry. Major capital improvements including NEW ROOF (2025), new sewer line (2024), updated electrical, boiler and chimney brought up to code. Fully rented triplex with separate gas and electric, hardwood floors, abundant natural light, basement storage, on-site laundry, PRIVATE OFF-STREET PARKING, and a backyard space. Located 2 blocks from 66-acre Powderhorn Park (with central lake, recreational facilities and trails) and 3 miles from downtown Mpls, offers walkability to local cafes, restaurants, and shops which supports consistent tenant demand. Showings require 24 hour notice.

Location

State MN

County Hennepin

Rooms

Basement Block, Storage Space

Interior

Heating Baseboard, Boiler

Fireplace No

Laundry In Basement, Common Area

Exterior

Parking Features Shared Driveway

Building

Story More Than 2 Stories

Foundation 1166

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

New Construction false

Schools

School District Minneapolis

Listed by Melanie Swensen • Edina Realty, Inc.
Nearby Locations
Jeremy Moore

"Buying a home is one of the biggest decisions you’ll make. You deserve to be in the driver’s seat with someone in your corner who tells it to you straight. My job is to make the process clear, cut through the noise, and make sure you understand the full picture every step of the way. "

+1(651) 895-9324

hello@jeremymoore.homes

Sleepy Eye, MN 56085, USA

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3108 Elliot AVE