5 months on rocket

3549 Portland Ave, Minneapolis, MN, 55407

$524,900

Home List Price

$6,233*

Closing Credit

0 Baths
3,615 SqFt
$145/SqFt
Multi

Location

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3549 Portland Ave, Minneapolis$524,900

Buyer Closing Credits

$6,233*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached Garage, Tuckunder Garage
Attached Garage3 spaces
Year Built1925
HeatingSteam, Hot Water
BasementYes
MLS #6544810
StatusActive

About 3549 Portland Ave

Welcome to 3549 Portland Avenue, a delightful duplex located in the vibrant Central Neighborhood of South Minneapolis. This impressive stucco and brick building exudes original charm with its stunning built-in bookcases, elegant fireplaces, classic dining room buffets, and beautiful hardwood floors. The main floor unit, combined with the finished basement, creates a spacious living area featuring 4 bedrooms, 2 bathrooms, 2 fireplaces, and a cozy family room. The upper unit is bathed in natural light and offers an additional 3 bedrooms. For those seeking extra space, a walk-up attic is easily accessible via the back staircase, providing potential for further expansion or storage. Recent updates add to the property’s appeal, including predominantly newer windows throughout, glass block basement windows, and two separate, updated Burnham hot-water boilers—ensuring optimal heating and energy efficiency. Each unit has its own electric system. The shared basement area features convenient on-site laundry facilities, additional storage rooms, and access to the attached three tuck-under garage stalls. There is also off-street parking available on the rear driveway, enhancing convenience for residents and guests alike. Outside, the patio space above the garage offers a perfect setting for entertaining, making this duplex not only a charming residence but also an inviting home for gatherings. Don't miss the opportunity to own a piece of this lovely neighborhood with all its fantastic amenities!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 3,615 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Tuckunder Garage

Utilities

Utilities Information:

  • Heating: Steam, Hot Water

Other

Directions Information:

  • Directions: Portland Ave to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $524,900
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $4,893
  • 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

3549 Portland Ave vs Minneapolis

171 DAYS ON ROCKET

+137 Days

$524,900

+$175K More

$145/SqFt

-$57 Less

KEY TAKEAWAY

This property is $175K more than the Median Sold Price and $57/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: #6544810

Listing Office:

  • Office Name: Coldwell Banker Realty

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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

Tax History

YEARPROP. TAXASSESSMENT
2020$4,893$299,500
2019$4,992$282,500
2018$4,665$257,000
2017$4,099$223,500

History based on county public records data.

Payment Calculator

$2,687

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-648008
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-648009
4
/10

  • Bancroft Elementary School

  • 3829 13th Ave S

  • 0.63 miles

  • Public Magnet Grades PK-5

school-card-donut-648010
4
/10

  • Lyndale Community School

  • 312 W 34th St

  • 0.85 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 $48,958. Most Minneapolis, MN residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›3549 Portland Ave

This home is located at 3549 Portland Ave in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 3,615 square foot home was built in 1925. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $524,900.

Over 356 listings were sold over their listed price in October 2024 in Minneapolis, MN. In the same period over 399 listings were sold below the listed price and 223 listings were sold for the listed price. In October 2024 in Minneapolis, MN there were 9.3% more homes for sale than in September 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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