1 month on rocket

2006 2nd Ave S, Minneapolis, MN, 55404

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
3,916 SqFt
$166/SqFt
Multi

Location

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2006 2nd Ave S, Minneapolis$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingConcrete, Shared Driveway
Year Built1900
HeatingSteam
BasementYes
MLS #6605451
StatusActive

About 2006 2nd Ave S

Huge triplex with excellent rental income potential. Great owner-occupy opportunity. All kitchens and bathrooms have been updated! Main level and upper level kitchens feature new cabinets, granite countertops, SS appliances, a large center island for easy entertaining. All bathrooms have beautiful tile work and new fixtures. Main floor unit has 3 bedrooms and 2 full bathrooms. 2nd floor unit has 3 bedrooms, 2 3/4 bathrooms and in unit laundry. 3rd floor unit has unique loft-like feel. High ceilings, large windows, hardwood floors. Off-street parking is available in the front and in the back off of the alley.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 3,916 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Concrete, Shared Driveway

Utilities

Utilities Information:

  • Heating: Steam

Other

Directions Information:

  • Directions: Nicollet Avenue to Franklin Avenue East to 2nd Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $166/SqFt

Tax Information:

  • Annual Amount: $7,359
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

2006 2nd Ave S vs Minneapolis

44 DAYS ON ROCKET

+10 Days

$650,000

+$300.1K More

$166/SqFt

-$36 Less

KEY TAKEAWAY

This property is $300.1K more than the Median Sold Price and $36/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: #6605451

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 11/21/2024, 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

Mar 04, 2021Home Sold
$475,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,359$450,500
2019$7,653$433,000
2018$7,142$393,500
2017$6,500$354,500

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-321751
2
/10
  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.17 miles

  • Public Charter Grades KG-5

school-card-donut-321752
2
/10
  • Emerson Elementary School

  • 120 W 15th St

  • 0.51 miles

  • Public Magnet Grades PK-5

school-card-donut-321753
2
/10
  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 0.70 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,567. Residents of Minneapolis, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Minnesota›Hennepin County›Minneapolis›55404›2006 2nd Ave S

This home is located at 2006 2nd Ave S in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 3,916 square foot home was built in 1900. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $650,000.

In October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. The inventory of homes for sale in Minneapolis, MN between September 2024 and October 2024 increased by 9.3%. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

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

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