4 months on rocket

3317 Emerson Ave S, Minneapolis, MN, 55408

$599,900

Home List Price

$7,124*

Closing Credit

0 Baths
2,978 SqFt
$201/SqFt
Multi

Location

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3317 Emerson Ave S, Minneapolis$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached
Garage2 spaces
Year Built1917
HeatingSteam
BasementYes
MLS #6562915
StatusActive

About 3317 Emerson Ave S

Well-maintained, easy to rent, tons of updates – Welcome to an exceptional investment opportunity in South Minneapolis! This up-down duplex in the South Uptown neighborhood presents an ideal location for tenants and a fantastic chance for owner-occupancy. Each unit features 3 beds, 1 bath, beautiful hardwood floors and original built-ins and woodwork, and a dedicated garage spot. Within walking distance to local schools, Bde Make Ska, parks, and an array of boutiques, restaurants, cafes, and entertainment options, this meticulously-cared for duplex offers the best of city living. Recent updates include new boilers in 2019, new Hage concrete front steps in 2024, and updates in kitchen. This is a must see!

Property Details

Property Features

Property Information:

  • Year Built: 1917
  • Living Area: 2,978 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Steam

Other

Directions Information:

  • Directions: From 35W, west on E 36th St, north on Lyndale Ave So, wet on W 33rd St, south on Emerson Ave So. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $201/SqFt

Tax Information:

  • Annual Amount: $9,222
  • 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

3317 Emerson Ave S vs Minneapolis

135 DAYS ON ROCKET

+101 Days

$599,900

+$250K More

$201/SqFt

-$1 Less

KEY TAKEAWAY

This property is $250K more than the Median Sold Price and $1/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: #6562915

Listing Office:

  • Office Name: Edina Realty, Inc.

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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: 11/24/2024, 2:22:47 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$9,222$564,500
2019$9,977$564,500
2018$9,147$504,000
2017$8,325$454,000

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-1164513
4
/10

  • Lyndale Community School

  • 312 W 34th St

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-1164514
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 0.99 miles

  • Public Magnet Grades PK-5

school-card-donut-1164515
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 1.14 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,932. The majority of Minneapolis, MN residents have income between $35k-100k annually. Most 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›3317 Emerson Ave S

This home is located at 3317 Emerson Ave S in Minneapolis, MN and zip code 55408 in the Calhoun-Isles neighborhood. This 2,978 square foot home was built in 1917. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $599,900.

In October 2024 more than 356 listings in Minneapolis, MN were sold above the asking price. During the same period more than 223 listings were sold at asking price, while more than 399 were sold below. The number of listings in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. Listings spent 34 days on the market in October 2024, and had a median list price of $349,843 during the same period.

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

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