1 year on rocket

199 James Ave N, Minneapolis, MN, 55405

$400,000

Home List Price

$4,750*

Closing Credit

0 Baths
1,574 SqFt
$254/SqFt
Multi

Location

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199 James Ave N, Minneapolis$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn-Street Parking Only
Year Built1910
HeatingForced Air
BasementYes
MLS #6449515
StatusActive

About 199 James Ave N

Great opportunity to own 2 contiguous lots, 195 & 199 James totaling .28 acres. PIDs 21.029.24.34.0106 & 21.029.24.34.0107. One lot is vacant, the other has a duplex. This location has seen an influx of re-development in the past few years, with new townhomes, artist lofts and office space. The property is zoned CM1 Neighborhood Mixed-Use which allows for commercial use, residential, institutional, lower-impact production, and public services. Both units leased through March 2025.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 1,574 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On-Street Parking Only

Lot Features

Lot Information:

  • Lot: Irregular Lot, Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: 2nd Ave N to James Ave N, South to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $254/SqFt

Tax Information:

  • Annual Amount: $2,578
  • Tax Year: 2020
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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

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

199 James Ave N vs Minneapolis

412 DAYS ON ROCKET

+379 Days

$400,000

+$50K More

$254/SqFt

+$52 More

KEY TAKEAWAY

This property is $50K more than the Median Sold Price and $52/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6449515

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 12/4/2024, 2:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 21, 2021Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,578$158,500
2019$2,788$158,500
2018$2,600$144,000
2017$2,206$121,000

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-47839
1
/10

  • Bethune Elementary School

  • 919 Emerson Ave N

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-47840
1
/10

  • Bryn Mawr Community School

  • 252 Upton Ave S

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-47841
4
/10

  • Kenwood Community School

  • 2013 Penn Ave S

  • 1.12 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,662. The majority of Minneapolis, MN residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55405›199 James Ave N

This home is located at 199 James Ave N in Minneapolis, MN and zip code 55405 in the Near North neighborhood. This 1,574 square foot home was built in 1910. It has been listed on Rocket Homes since October 18, 2023 and is currently priced at $400,000.

While more than 283 listings in Minneapolis, MN in November 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 403 were sold below. The inventory of homes for sale in Minneapolis, MN between October 2024 and November 2024 decreased by 6.1%. Listings spent 33 days on the market in November 2024, and had a median list price of $349,986 during the same period.

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

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