22 days on rocket

2944 38th Ave S, Minneapolis, MN, 55406

$369,900

Home List Price

$4,393*

Closing Credit

0 Baths
1,987 SqFt
$186/SqFt
Multi

Location

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2944 38th Ave S, Minneapolis$369,900

Buyer Closing Credits

$4,393*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Concrete, Garage Door Opener
Garage3 spaces
Year Built1913
HeatingForced Air
BasementYes
MLS #6594272
StatusActive

About 2944 38th Ave S

Welcome to this delightful duplex in the heart of the Longfellow neighborhood. The first-floor unit, freshly painted and clean, features 2 bedrooms and 1 bath with bright, airy living space, a well-appointed kitchen, comfortable bedrooms and a fantastic front porch. The upper-level unit offers 1 bedroom and 1 bath, with an efficient kitchen, serene bedroom and a private upper deck. It’s a retreat in the treetops. Originally built as a single family home, this property is easily converted back for a family looking for extra space. Laundry and storage in the basement. TONS of updates! Brand new roof (July 2024), New GE Commercial Washer installed in 2021, New Goodman Furnace for Main floor installed in 2022, New Maytag Dryer installed in 2023, New Electric Circuit Breaker Panels added in 2023, also Control Board replaced in 2nd furnace fall 2024 just to name a few. Newer spacious 3-car garage, perfect for parking and storage. Located close to coffee shops, grocery stores, and restaurants, also just a few blocks from the Mississippi River Parkway. Long term owner with fantastic rental history, this is an exceptional home or investment opportunity. Hands down the best value in South Minneapolis.

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Living Area: 1,987 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Lake Street to 38th Ave S, north to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,900
  • Price Per SqFt: $186/SqFt

Tax Information:

  • Annual Amount: $4,653
  • 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

2944 38th Ave S vs Minneapolis

22 DAYS ON ROCKET

-12 Days

$369,900

+$20K More

$186/SqFt

-$16 Less

KEY TAKEAWAY

This property is $20K more than the Median Sold Price and $16/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: #6594272

Listing Office:

  • Office Name: RE/MAX Results

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,653$270,000
2019$4,804$270,000
2018$4,489$245,500
2017$4,087$221,000

History based on county public records data.

Payment Calculator

$1,914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,175

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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-649654
1
/10

  • Anishinabe Academy

  • 3100 E 28th St

  • 0.45 miles

  • Public Magnet Grades PK-5

school-card-donut-649655
2
/10

  • Minnesota Transitions Charter Elementary School

  • 2526 27th Ave S

  • 0.92 miles

  • Public Charter Grades KG-6

school-card-donut-649656
1
/10

  • Skyline Math and Science Academy

  • 2600 26th Ave S Ste 100

  • 0.94 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,260. Most Minneapolis, MN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55406›2944 38th Ave S

This home is located at 2944 38th Ave S in Minneapolis, MN and zip code 55406 in the Longfellow neighborhood. This 1,987 square foot home was built in 1913. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $369,900.

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. In October 2024 in Minneapolis, MN there were 9.3% more homes for sale than in September 2024. In October 2024 median list price was $349,843 and the average listing age was 34 days.

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

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