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3038 13th Ave S Unit 11, Minneapolis, MN, 55407

$172,000

Home List Price

$2,043*

Closing Credit

4 Bedrooms
2 Full Baths
1,210 SqFt
$142/SqFt
Condo

Location

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3038 13th Ave S Unit 11, Minneapolis$172,000

Buyer Closing Credits

$2,043*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn-Street Parking Only, Unassigned
Year Built1926
HeatingHot Water
CoolingNone
MLS #6623607
StatusActive

About 3038 13th Ave S Unit 11

Invest in this rare condominium package today and grow your investment portfolio with 10% down Contract for deed!! This property is offered as part of a bundle of four units. Located blocks from Powderhorn Lake and Midtown Global Market, these properties offer excellent four-bedroom rentals with the best amenities south Minneapolis has to offer. A 10-minute drive downtown or 20 to the airport means these units rent easily and stay rented. They cash flow WITH HOA fees factored in! All units are currently occupied with great tenants with potential to vastly increase rent overtime. Don't miss this one before it's gone!!

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Living Area: 1,210 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On-Street Parking Only, Unassigned

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Lake Street to 13th Ave, South to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $172,000
  • Price Per SqFt: $142/SqFt

HOA Fees:

  • Amount: $691
  • Frequency: Monthly
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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

3038 13th Ave S Unit 11 vs Minneapolis

52 DAYS ON ROCKET

+19 Days

$172,000

-$177.9K Less

$142/SqFt

-$60 Less

KEY TAKEAWAY

This property is $177.9K less than the Median Sold Price and $60/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: #6623607

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 12/22/2024, 8:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-925976
3
/10
  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-925977
4
/10
  • Bancroft Elementary School

  • 3829 13th Ave S

  • 0.91 miles

  • Public Magnet Grades PK-5

school-card-donut-925978
2
/10
  • Aurora Charter School

  • 2101 E 26th St

  • 0.92 miles

  • Public Charter Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,722. Most Minneapolis, MN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3038 13th Ave S Unit 11

What is the listing price of this property?

The listing price of 3038 13th Ave S Unit 11 property is $172,000.

What type of property is this?

The property 3038 13th Ave S Unit 11 is a condo located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Active Listing: 3038 13th Ave S Unit 11 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3038 13th Ave S Unit 11 has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3038 13th Ave S Unit 11 is 1,210 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3038 13th Ave S Unit 11 is 1926.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›3038 13th Ave S Unit 11

This home is located at 3038 13th Ave S Unit 11 in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 1,210 square foot home was built in 1926. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $172,000.

Minneapolis, MN housing market in November 2024 saw over 283 listings sold above listed price, more than 203 sold at listed price and over 403 sold below. Between October 2024 and November 2024, Minneapolis, MN real estate market has seen decrease in the number of listings by 6.1%. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $349,986.

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

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