2 months on rocket

1431 27th St, Minneapolis, MN, 55408

$600,000

Home List Price

$7,125*

Closing Credit

0 Baths
3,359 SqFt
$179/SqFt
Multi

Location

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1431 27th St, Minneapolis$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached Garage, Concrete
Attached Garage1 space
Year Built1913
HeatingHot Water
BasementYes
MLS #6602018
StatusActive

About 1431 27th St

Terrific opportunity to own a fully rented duplex just blocks from Lake of the Isle. Large main unit has stainless steel kitchen and island, hard wood floors, 4 bedrooms and 2 bathrooms with an in-unit laundry. Second upper unit is a single bedroom and bath with an amazing 3rd level deck. Main unit only on first showing, 24hr lead time as the units are both rented. -New roof installed in 2023 -New storm windows installed in upper floor in 2023 -Major plumbing updates done in 2022 & 2023 -Electrical updates done in 2022 & 2023 including a new sub box to the main breaker -Washer & Dryer installed on main floor in 2022

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Living Area: 3,359 SqFt

Listing Office:

  • Office Name: Re/Max Advantage Plus

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Hot Water

Other

Directions Information:

  • Directions: Corner of Humboldt and West 27th

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $179/SqFt
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

1431 27th St vs Minneapolis

65 DAYS ON ROCKET

+31 Days

$600,000

+$250.1K More

$179/SqFt

-$23 Less

KEY TAKEAWAY

This property is $250.1K more than the Median Sold Price and $23/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6602018

Listing Office:

  • Office Name: Re/Max Advantage Plus

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Last updated on: 11/21/2024, 6:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-392206
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 0.73 miles

  • Public Magnet Grades PK-5

school-card-donut-392207
4
/10

  • Kenwood Community School

  • 2013 Penn Ave S

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-392208
4
/10

  • Lyndale Community School

  • 312 W 34th St

  • 1.10 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,100. Residents of Minneapolis, MN typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›1431 27th St

This home is located at 1431 27th St in Minneapolis, MN and zip code 55408 in the Calhoun-Isles neighborhood. This 3,359 square foot home was built in 1913. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $600,000.

Minneapolis, MN housing market in October 2024 saw over 356 listings sold above listed price, more than 223 sold at listed price and over 399 sold below. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $349,843.

From Rocket Homes Real Estate and based on county public records data.

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