5 months on rocket

3101 24th St, Minneapolis, MN, 55406

$940,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,464 SqFt
$211/SqFt
Multi

Location

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3101 24th St, Minneapolis$940,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned, Gravel, Parking Lot
Year Built1905
HeatingSteam
BasementYes
MLS #6548913
StatusActive

About 3101 24th St

Spacious fourplex in the Seward neighborhood! This massive fourplex has a true 3 bed and 1 bath each unit going from front to back! Both main level units have their own separate front & back entry. Each unit has their own front porch/balcony. Upper units share the back balcony. All units have the same floor plan and mirror each other. Each unit has access to control their own heat! It's how the boiler system was set up. Two new gas meters were recently installed by CenterPoint. Tons of parking in the back that can fit at least 8 cars. Coin-op shared laundry in basement to generate extra income. Tenants are on year long leases and have renewed. All 4 units have 3 bedrooms and 1 full bathroom each! 3 storage units in the basement along with a huge owners storage unit. One main level unit available for owner-occupant, 3 other units fully leased! Connect for showings!

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Living Area: 4,464 SqFt

Listing Office:

  • Office Name: Engel & Volkers Minneapolis Downtown

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Gravel, Parking Lot

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Steam

Other

Directions Information:

  • Directions: I-94 to Riverside Ave exit then head south to Franklin, turn left the right on 31st Ave S, then left on E 24th to property on corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $940,000
  • Price Per SqFt: $211/SqFt
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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

3101 24th St vs Minneapolis

165 DAYS ON ROCKET

+131 Days

$940,000

+$590.1K More

$211/SqFt

+$9 More

KEY TAKEAWAY

This property is $590.1K more than the Median Sold Price and $9/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6548913

Listing Office:

  • Office Name: Engel & Volkers Minneapolis Downtown

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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

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Rate/APR

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NMLS#3030

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-725624
2
/10

  • Minnesota Transitions Charter Elementary School

  • 2526 27th Ave S

  • 0.38 miles

  • Public Charter Grades KG-6

school-card-donut-725625
1
/10

  • Anishinabe Academy

  • 3100 E 28th St

  • 0.44 miles

  • Public Magnet Grades PK-5

school-card-donut-725626
1
/10

  • Skyline Math and Science Academy

  • 2600 26th Ave S Ste 100

  • 0.49 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 $61,174. Most Minneapolis, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55406›3101 24th St

This home is located at 3101 24th St in Minneapolis, MN and zip code 55406 in the Seward neighborhood. This 4,464 square foot home was built in 1905. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $940,000.

While more than 356 listings in Minneapolis, MN in October 2024 were sold above asking price, there were more than 223 listings sold at asking price, and 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%. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $349,843.

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

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