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2544 Pillsbury Avenue S Minneapolis, MN $ 699,000
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$ 699,000 Get more info
2544 Pillsbury Avenue S
$ 699,000
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Share Save

2544 Pillsbury Avenue S

Minneapolis, MN, 55404
$ 699,000
Bedrooms6 Baths4.0 Sq 4,424

Monthly Estimate*

$ 4,883

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Multi-Family Home for sale in Minneapolis, MN

for $699,000 with 6 bedrooms and 4 full baths. This 4,424 square foot home was built in 1910 on a lot size of 0.17.

Either an investment or owner-occupied option, this once 5 unit converted to a duplex with a commercial recording studio media room component recently had an Airbnb business on one side. Operating now as a pure duplex it has the potential to repurpose back into a 4/5 unit due to zoning BF13 & UN2 to be verified by buyer or continue as is. The tenants wish to stay however the unit leases expire April and July 2024. The attached pictures show the interior when owner occupied and operating as an Airbnb to note. Amenities are numerous at 2544 including a 5-stall detached garage plus room for guest parking. The owner resides in another state and has decided to sell to simplify real estate owned.

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Multi-Family Active

Price

$ 699,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 12,750

Style

Duplex

Lot Size

0.17

Year Built

1910

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6485012
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Age Over 8 Years Flat
Garage Spaces 5
Construction Materials Stucco Wood Siding
Year Built 1910
Electric Circuit Breakers
Tenant Pays All Utilities
Topography Level
Levels Two
Property SubType Duplex Other
Tax Year 2024
Gross Income 63240
Accessibility None
County Hennepin
Operating Expense 17750
Insurance Expense 5000
New Construction N
Property Type Residential Income
Association Amenities Deck Porch
Contingency None
Subdivision Name J T Blaisdells Rev Add
Directions Lyndale Ave So to 2544
City Minneapolis
Buyer Agent Compensation 2.50
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 2
Street Name Pillsbury
Land Lease Y/N N
Tax Annual Amount 12750
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 51
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Full Storage Space
Basement (Y/N) Y
Above Grade Finished Area 4424
Street Suffix Avenue
Below Grade Finished Area 0
Fuel Natural Gas
Garage Square Feet 1000
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Exterior
Parking Features Asphalt Shared Driveway Guest Parking Multiple Garages
Lot Features Public Transit (w/in 6 blks) Underground Utilities
Water Source City Water/Connected
Lot Size Area 0.17
Lot Dimensions 44.6x165
Lot Size Units Square Feet
Foundation Area 2356
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 2544
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* Excluded Features
List By
Coldwell Banker Realty

Broker

mmurphy@cbburnet.com

Email

Affordability Calculator

$5,945
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,883
Monthly Property Taxes
$1,063
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/26/2024$699,000 -2.24% Price Down
2/4/2024$715,000 Listed Price

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2544 Pillsbury Avenue S, Minneapolis, MN, 55404 is a Multi-Family Home for sale at $699,000 with 4,424 sqft and a lot size of 0.17. 2544 Pillsbury Avenue S has 6 bedrooms, 4.0 baths, and was built in 1910. The property's zip code is 55404 which is in Minneapolis, MN

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