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Listed price in listed location currency (USD).
$295,000

620

MLS® 7035408

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2678 sqft
Garage No
Taxes $926
Days Active 1
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $110
MLS® Number 7035408

Property Address: 3010 15th Ave S, Minneapolis, MN, 55407-4294

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a classic up/down duplex in the heart of Minneapolis that has been under the same ownership since 1994. Situated on a double lot with a fenced yard, this property offers both stability and long-term upside potential. This well-laid-out duplex features two spacious units, each offering 3 bedrooms and 1 bathroom, with a total of 2, 678 finished square feet. The upper unit showcases hardwood floors and an updated kitchen, while both units offer functional layouts and the highly desirable convenience of in-unit laundry, a major draw for tenants. The property is currently occupied by long-term tenants, providing immediate, reliable income. The main floor rents for $1, 500 per month, and the upper unit rents for $1, 650 per month. Residents pay their own electricity. Rents have not been increased to match current market levels, as ownership has prioritized tenant stability, presenting a clear opportunity for future value growth. The stucco exterior is complemented by a pitched roof. The windows were recently replaced through the city’s lead abatement program, adding long-term value and peace of mind. The property is heated by a boiler system, with a newer boiler (~ 5 years old) and water heater (~ 6 years old), helping reduce near-term capital expenses. An unfinished attic provides additional storage, and a detached shed offers further convenience for tenants. Located near public transit and just steps from a variety of restaurants, shopping, and neighborhood staples including Mercado Central and Ingebretsen’s, this property offers strong appeal for renters seeking convenience and walkability. Located in a highly walkable area near Powderhorn Park, this duplex offers strong fundamentals, stable tenancy, and meaningful upside, making it a solid addition to any investment portfolio.
MLS® Number7035408
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1900
BasementPartial, Unfinished
DrivewayOn-Street Parking Only
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 20, 2026List Date
$295,000List Price
  • Commute

Commute

Starting Address
Destination Address
3010 15 Th Ave S, Minneapolis, MN

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