1 month on rocket

3553 Portland Ave, Minneapolis, MN, 55407

$425,000

Home List Price

$5,047*

Closing Credit

0 Baths
2,786 SqFt
$153/SqFt
Multi

Location

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3553 Portland Ave, Minneapolis$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1905
HeatingForced Air
BasementYes
MLS #6607544
StatusActive

About 3553 Portland Ave

This great duplex in South Minneapolis is located on a corner lot with a fenced in yard. Upper unit is 2 stories with 4 bedrooms and 1 bath. Lower unit is 2 bedrooms and 1 bath. Hardwood floors throughout the majority of the property. Both units have updated appliances. Both units have large living rooms and kitchens and 2 central heating systems. Strong rental history and great investment opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Living Area: 2,786 SqFt

Listing Office:

  • Office Name: Lino Lakes Real Estate Group

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: South on Portland. Corner of Portland and 36th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $153/SqFt

Tax Information:

  • Annual Amount: $4,983
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

3553 Portland Ave vs Minneapolis

42 DAYS ON ROCKET

+8 Days

$425,000

+$75.1K More

$153/SqFt

-$49 Less

KEY TAKEAWAY

This property is $75.1K more than the Median Sold Price and $49/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: #6607544

Listing Office:

  • Office Name: Lino Lakes Real Estate Group

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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

Listing History

Apr 03, 2018Home Sold
$385,000
Jul 05, 2017Home Sold
$246,000
Sep 02, 1998Home Sold
$67,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,983$305,000
2019$4,772$270,000
2018$4,456$245,500
2017$3,915$213,500

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-599807
3
/10
  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-599808
4
/10
  • Bancroft Elementary School

  • 3829 13th Ave S

  • 0.62 miles

  • Public Magnet Grades PK-5

school-card-donut-599809
4
/10
  • Lyndale Community School

  • 312 W 34th St

  • 0.85 miles

  • Public District Grades PK-5

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. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›3553 Portland Ave

This home is located at 3553 Portland Ave in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 2,786 square foot home was built in 1905. It has been listed on Rocket Homes since October 06, 2024 and is currently priced at $425,000.

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. 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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