1 month on rocket

3243 Grand Ave S, Minneapolis, MN, 55408

$400,000

Home List Price

$4,750*

Closing Credit

0 Baths
1,920 SqFt
$208/SqFt
Multi

Location

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3243 Grand Ave S, Minneapolis$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached
Garage4 spaces
Year Built1884
HeatingHot Water
BasementYes
MLS #6606400
StatusActive

About 3243 Grand Ave S

Great and affordable opportunity for an owner occupant or an investor. Current lease on upstairs unit is valid until 03/31/25 and until 05/31/25 for lower level unit. Cute units, both have a sunlit porch/sun room with updated kitchen and baths and gorgeous hardwood floors. New siding and a new roof within the last 12 months. Four car garage! Currently the tenants each have one stall and the other two stalls are for the owner and storage. 24 hour tenant notice is required for both units.

Property Details

Property Features

Property Information:

  • Year Built: 1884
  • Living Area: 1,920 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway Home Services Sundial Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Hot Water

School Info

Assigned Schools Information:

  • Washburn High School, Public District Grades 9-12
  • Ramsey Middle School, Public District Grades 6-8
  • Lyndale Community School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Lyndale to 33rd, East to Grand, property on East side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $4,113
  • 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

3243 Grand Ave S vs Minneapolis

41 DAYS ON ROCKET

+7 Days

$400,000

+$50.1K More

$208/SqFt

+$6 More

KEY TAKEAWAY

This property is $50.1K more than the Median Sold Price and $6/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: #6606400

Listing Office:

  • Office Name: Berkshire Hathaway Home Services Sundial Realty

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Last updated on: 11/5/2024, 11:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 08, 2019Home Sold
$390,000
Aug 31, 2016Home Sold
$340,000
Aug 31, 2016Home Sold
$60,000
Aug 23, 2011Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,113$315,000
2019$5,411$306,000
2018$5,556$306,000
2017$4,879$266,000

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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.

Elementary School

school-card-donut-1967869
4
/10

  • Lyndale Community School

  • 312 W 34th St

  • 0.11 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1967870
5
/10

  • Ramsey Middle School

  • 1 W 49th St

  • 2.10 miles

  • Public District Grades 6-8

High School

school-card-donut-1967871
7
/10

  • Washburn High School

  • 201 W 49th St

  • 2.07 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,066. Typical income of Minneapolis, MN residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›3243 Grand Ave S

This home is located at 3243 Grand Ave S in Minneapolis, MN and zip code 55408 in the Lyndale neighborhood. This 1,920 square foot home was built in 1884. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $400,000.

Minneapolis, MN housing market in October 2024 saw over 356 listings sold above listed price, more than 223 sold at listed price and over 399 sold below. The number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. 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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