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2815 Polk St NE, Minneapolis, MN, 55418

$499,900

Home List Price

$5,936*

Closing Credit

0 Baths
3,616 SqFt
$138/SqFt
House

Location

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2815 Polk St NE, Minneapolis$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1965
HeatingForced Air
BasementYes
MLS #6638606
StatusActive

About 2815 Polk St NE

Renovated side-by-side duplex with a big private backyard near the heart of NE Minneapolis. Ideal for an owner occupant or investor to renovate the unit that is not fully renovated, continue with short-term rental or place a long-term tenant. Close proximity to restaurants & nightlife located just outside of downtown Minneapolis yet the location feels like suburban living. One side is a 2 bedroom 1 bathroom unit with open layout and a kitchen remodel done within the last 10 yrs. Everything else is original and ready to add your unique flair and create your own paradise. This side has an unfinished basement for equity building potential. The other side is currently used as a short-term rental generating approx $5,000 / month over a 12-month period. Summer months generate approx $6,000-$9,000 per month. Winter generates approx $2,000-$4,000 per month. This unit was fully remodeled in 2018 and has 4 bedrooms, 2 bathrooms, 2 living rooms and a fully finished basement. Open layout with updated kitchens with granite countertops, updated baths, spacious room sizes all in an ideal location within walking distance of restaurants, grocery stores and all that Northeast has to offer.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Living Area: 3,616 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Basement: Yes

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: CENTRAL TO 28TH AVE NE; E TO POLK; N TO HOME

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
  • Price Per SqFt: $138/SqFt

Tax Information:

  • Annual Amount: $5,873
  • Tax Year: 2020
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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

2815 Polk St NE vs Minneapolis

3 DAYS ON ROCKET

-30 Days

$499,900

+$149.9K More

$138/SqFt

-$64 Less

KEY TAKEAWAY

This property is $149.9K more than the Median Sold Price and $64/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: #6638606

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 12/17/2024, 11:52:49 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

Jun 12, 2017Home Sold
$110,000
Jun 02, 1999Home Sold
$105,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,873$359,500
2019$5,576$315,500
2018$5,037$277,500
2017$4,420$241,000

History based on county public records data.

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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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-4368029
2
/10
  • Pillsbury Community School

  • 2250 Garfield St NE

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-4368030
8
/10
  • Waite Park Community School

  • 1800 34th Ave NE

  • 0.90 miles

  • Public District Grades PK-5

school-card-donut-4368031
3
/10
  • Spero Academy

  • 2701 California St NE

  • 1.16 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,790. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2815 Polk St NE

What is the listing price of this property?

The listing price of 2815 Polk St NE property is $499,900.

What type of property is this?

The property 2815 Polk St NE is a house located in Minneapolis, Minnesota, 55418.

Is this property for sale now?

Active Listing: 2815 Polk St NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,873 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 12, 2017 for $110,000. (source: MLS/tax record).

What is the square footage of this property?

The property 2815 Polk St NE is 3,616 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2815 Polk St NE is 1965.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55418›2815 Polk St NE

This home is located at 2815 Polk St NE in Minneapolis, MN and zip code 55418 in the Audubon Park neighborhood. This 3,616 square foot home was built in 1965. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $499,900.

In November 2024 more than 283 listings in Minneapolis, MN were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 403 were sold below. The number of listings in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. 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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