2 months on rocket

3431 Pleasant Ave, Minneapolis, MN, 55408

$540,000

Home List Price

$6,413*

Closing Credit

0 Baths
2,899 SqFt
$186/SqFt
Multi

Location

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3431 Pleasant Ave, Minneapolis$540,000

Buyer Closing Credits

$6,413*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingConcrete, Open
Year Built1889
HeatingForced Air
BasementYes
MLS #6586416
StatusActive

About 3431 Pleasant Ave

Welcome to 3431 Pleasant Ave, a meticulously maintained duplex in a prime Minneapolis location with an outstanding rental history. The upper unit, currently occupied, spans two floors with 3 bedrooms, 2 bathrooms, tall ceilings, updated windows, and an open floor plan that lets in abundant natural light. It also features a three-season porch, perfect for enjoying Minnesota's changing seasons. The lower unit offers a well-designed layout with recent updates, including a new roof, modern air conditioning, and upgraded electrical systems. Each unit has its own laundry facilities, ensuring convenience and privacy. Outside, a parking pad at the rear of the property accommodates up to 3 cars. This duplex presents an excellent investment opportunity in a vibrant neighborhood with easy access to local amenities, parks, and public transportation.

Property Details

Property Features

Property Information:

  • Year Built: 1889
  • Living Area: 2,899 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Plus

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Concrete, Open

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air

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: From Lyndale Ave and W Lake St. go South on Lyndale Ave. Take a left (east) on W 35th St. Go left (north) on Pleasant Ave and the property is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $540,000
  • Price Per SqFt: $186/SqFt

Tax Information:

  • Annual Amount: $7,450
  • 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

3431 Pleasant Ave vs Minneapolis

81 DAYS ON ROCKET

+47 Days

$540,000

+$190.1K More

$186/SqFt

-$16 Less

KEY TAKEAWAY

This property is $190.1K more than the Median Sold Price and $16/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: #6586416

Listing Office:

  • Office Name: RE/MAX Advantage Plus

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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

Feb 12, 2015Home Sold
$379,900
Jan 23, 2004Home Sold
$229,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,450$438,000
2019$7,818$425,000
2018$8,030$425,000
2017$5,498$365,515

History based on county public records data.

Payment Calculator

$2,763

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,685

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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-2140090
4
/10

  • Lyndale Community School

  • 312 W 34th St

  • 0.12 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2140091
5
/10

  • Ramsey Middle School

  • 1 W 49th St

  • 1.87 miles

  • Public District Grades 6-8

High School

school-card-donut-2140092
7
/10

  • Washburn High School

  • 201 W 49th St

  • 1.85 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 $63,225. Most Minneapolis, MN residents have annual incomes between $35k-100k. The majority of 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›3431 Pleasant Ave

This home is located at 3431 Pleasant Ave in Minneapolis, MN and zip code 55408 in the Lyndale neighborhood. This 2,899 square foot home was built in 1889. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $540,000.

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. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings 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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