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1917 Stevens Avenue Minneapolis, MN $ 489,000
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1917 Stevens Avenue
$ 489,000
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1917 Stevens Avenue

Minneapolis, MN, 55403
$ 489,000
Bedrooms8 Baths4.0 Sq 3,552

Monthly Estimate*

$ 3,416

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Multi-Family Home for sale in Minneapolis, MN

for $489,000 with 8 bedrooms and 4 full baths. This 3,552 square foot home was built in 1893 on a lot size of 0.15.

Prime Stevens Square location. NEW ROOF 2023, and newer boiler! Fully rented, 4 two-bedroom units. Month-to-month leases with rent per unit, $1100, $1100, and $1400/mo. One unit with full-year lease: $1375/mo started 2/24. Tenants pay for gas and electricity. The owner pays for heat/ water/trash. Rent includes off-street parking. Easy commute to downtown. Great investment opportunity. Both south-facing units have original tile-front fireplaces, Old-world character, and charm… nice architectural details include hardwood floors and natural woodwork around windows and doors. Potential Portfolio purchase with 1909 and 1920 Steven’s Avenue, also currently listed for sale!

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Multi-Family Pending

Price

$ 489,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,922

Style

Quadruplex

Lot Size

0.15

Year Built

1893

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6493618
Features
General
Sewer City Sewer/Connected
Heating Boiler
Roof Age Over 8 Years Asphalt
Garage Spaces 0
Construction Materials Brick/Stone Wood Siding
Year Built 1893
Electric Circuit Breakers
Tenant Pays Electricity Fuel
Levels Two
Property SubType Quadruplex
Tax Year 2023
Gross Income 59700
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
Subdivision Name Replat Jackson Daniel Whitney-Blks
Directions Nicollet Avenue to 19th Street East to Stevens Avenue South to home.
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 4
Street Name Stevens
Land Lease Y/N N
Tax Annual Amount 7922
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 54
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Stone/Rock
Basement (Y/N) Y
Above Grade Finished Area 3552
Street Suffix Avenue
Below Grade Finished Area 0
Fuel Natural Gas
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Exterior
Fencing None
Parking Features Open
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.15
Lot Dimensions 50x128
Lot Size Units Acres
Foundation Area 1776
Road Frontage Type City Street Curbs Paved Streets Sidewalks
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1917
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* Excluded Features
List By
Re/Max Results

Broker

scott.belcher@results.net

Email

Affordability Calculator

$4,076
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,416
Monthly Property Taxes
$660
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
3/7/2024$489,000 -2.00% Price Down
2/23/2024$499,000 Listed Price

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1917 Stevens Avenue, Minneapolis, MN, 55403 is a Multi-Family Home for sale at $489,000 with 3,552 sqft and a lot size of 0.15. 1917 Stevens Avenue has 8 bedrooms, 4.0 baths, and was built in 1893. The property's zip code is 55403 which is in Minneapolis, MN

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