3 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.

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

1431 27th St vs Minneapolis

95 DAYS ON ROCKET

+62 Days

$600,000

+$250K More

$179/SqFt

-$23 Less

KEY TAKEAWAY

This property is $250K 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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Property Sales & Tax

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$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-923763
2
/10
  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 0.73 miles

  • Public Magnet Grades PK-5

school-card-donut-923764
4
/10
  • Kenwood Community School

  • 2013 Penn Ave S

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-923765
4
/10
  • Lyndale Community School

  • 312 W 34th St

  • 1.10 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,100. The majority of Minneapolis, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

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.

Over 283 listings were sold over their listed price in November 2024 in Minneapolis, MN. In the same period over 403 listings were sold below the listed price and 203 listings were sold for the listed price. Between October 2024 and November 2024, Minneapolis, MN real estate market has seen decrease in the number of listings by 6.1%. In November 2024 median list price was $349,986 and the average listing age was 33 days.

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

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