6 months on rocket

3427 Nicollet Ave, Minneapolis, MN, 55408

$699,900

Home List Price

$8,311*

Closing Credit

0 Baths
3,302 SqFt
$212/SqFt
Multi

Location

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3427 Nicollet Ave, Minneapolis$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage2 spaces
Year Built1910
HeatingSteam
BasementYes
MLS #6535301
StatusActive

About 3427 Nicollet Ave

Meticulously maintained fourplex in prime location! Great condition, all units are rented. Convenient access, just minutes from 35W. Close to restaurants, parks, and local attractions. Ideal investment opportunity – schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 3,302 SqFt

Listing Office:

  • Office Name: RES Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Utilities

Utilities Information:

  • Heating: Steam

Other

Directions Information:

  • Directions: 35th to Nicollet

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $212/SqFt

Tax Information:

  • Annual Amount: $7,246
  • 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

3427 Nicollet Ave vs Minneapolis

187 DAYS ON ROCKET

+153 Days

$699,900

+$350K More

$212/SqFt

+$10 More

KEY TAKEAWAY

This property is $350K more than the Median Sold Price and $10/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: #6535301

Listing Office:

  • Office Name: RES Realty

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Last updated on: 11/21/2024, 2:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 27, 2017Home Sold
$248,776
Feb 14, 2008Home Sold
$158,572
Sep 28, 2005Home Sold
$580,000
Jun 28, 2005Home Sold
$400,000
Apr 15, 2005Home Sold
$283,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,246$425,000
2019$6,766$365,300
2018$6,014$313,800
2017$5,396$276,500

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-328132
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-328133
4
/10

  • Lyndale Community School

  • 312 W 34th St

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-328134
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 1.05 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,221. The majority of Minneapolis, MN residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›3427 Nicollet Ave

This home is located at 3427 Nicollet Ave in Minneapolis, MN and zip code 55408 in the Lyndale neighborhood. This 3,302 square foot home was built in 1910. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $699,900.

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%. While the average time on the market in October 2024 was 34 days, the median list price was $349,843.

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

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