1 month on rocket

2742 California St NE, Minneapolis, MN, 55418

$449,900

Home List Price

$5,343*

Closing Credit

0 Baths
2,282 SqFt
$197/SqFt
Multi

Location

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2742 California St NE, Minneapolis$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1917
HeatingForced Air
BasementYes
MLS #6610832
StatusActive

About 2742 California St NE

Discover this well-maintained duplex, perfect for investors or owner-occupants in the heart of Northeast Minneapolis. This property features two units, one with three bedrooms and the other with two bedrooms plus a large den/office. The three-bedroom unit is currently rented, providing immediate rental income, while the two-bedroom unit is vacant and ready for an owner-occupant. Both units offer the convenience of in-unit laundry. Both gas and electric utilities are separately metered. The property boasts a detached two-car garage for ample parking and storage. Recent upgrades include a new roof replaced in 2020, a sewer line replacement in 2019, and updated electrical systems in 2019. Several windows were replaced in 2020. Additionally, the large unfinished basement provides plenty of storage space and potential for future expansion. Situated in a vibrant neighborhood known for its artistic vibe and diverse dining options, this duplex is close to parks, schools, and public transport, ensuring easy access to all that Minneapolis has to offer.

Property Details

Property Features

Property Information:

  • Year Built: 1917
  • Living Area: 2,282 SqFt

Listing Office:

  • Office Name: Bridge Realty, LLC

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Hwy 94 to Broadway exit, E on Broadway to Marshall, N to 27th, E to California, N to Property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900
  • Price Per SqFt: $197/SqFt

Tax Information:

  • Annual Amount: $6,346
  • 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

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

2742 California St NE vs Minneapolis

49 DAYS ON ROCKET

+15 Days

$449,900

+$100K More

$197/SqFt

-$5 Less

KEY TAKEAWAY

This property is $100K more than the Median Sold Price and $5/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: #6610832

Listing Office:

  • Office Name: Bridge Realty, LLC

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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 13, 2019Home Sold
$412,000
Jan 16, 2018Home Sold
$230,500
Jan 20, 2005Home Sold
$183,000
Jul 18, 2000Home Sold
$48,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,346$388,500
2019$3,545$242,890
2018$3,277$217,275
2017$3,860$210,500

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,415

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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-316159
3
/10

  • Spero Academy

  • 2701 California St NE

  • 0.05 miles

  • Public Charter Grades KG-6

school-card-donut-316160
1
/10

  • Cityview Community School

  • 3350 N 4th St

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-316161
2
/10

  • Banaadir Elementary School

  • 1800 2nd St NE

  • 0.78 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,329. The majority of Minneapolis, MN residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55418›2742 California St NE

This home is located at 2742 California St NE in Minneapolis, MN and zip code 55418 in the East Riverside neighborhood. This 2,282 square foot home was built in 1917. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $449,900.

Over 356 listings were sold over their listed price in October 2024 in Minneapolis, MN. In the same period over 399 listings were sold below the listed price and 223 listings were sold for the listed price. The number of listings in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 34 days, the median list price was $349,843.

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

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