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Active NEW!
$474,900
/mo Edit
Multi-family:  Duplex Up and Down
6 br • 2 ba • Built 1889
2,474 sqft • 0.17 acres
Minneapolis schools
MLS# 7157789
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    Property Description

    Welcome home to 3733 Portland Ave, a fully renovated upper/lower duplex in the heart of South Minneapolis’s Central neighborhood. Both units are 3 bedrooms and 1 bathroom, thoughtfully updated so each feels bright, comfortable, and ready to live in from day one.Step inside and the care shows. Original hardwood floors have been refinished to a warm glow, paired with new flooring and fresh carpet where it counts. Kitchens are newly updated with new cabinets, granite countertops & stainless steel appliances, including a gas range, make everyday cooking feel easy. Baths are newly tiled, doors and light fixtures are new, and every room wears a fresh coat of paint. Behind the walls, updated electrical and plumbing add peace of mind. Outside, a new roof and aluminum-wrapped windows give the house a clean, modern look ! The 63 foot wide lot is fenced, with room to park, garden, or simply enjoy a little extra green space. Based on the 2040 plan, many more units can be added if one wished to do so! Very rare and welcome on this side of the city. Close to Lake Street, transit, parks & downtown, this is a move-in-ready duplex for an owner-occupant who wants to live in one unit and rent out the other to offset costs, or for an investor looking for two updated 3 bedroom units under one roof. New roof, new windows, updated electric and plumbing, new water heaters, refinished hardwoods, and kitchens and baths done right. Come see this beautiful home, set up your showing today!

    Listing

    Contingency: None
    Price per sq ft: $192
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55407
    Neighborhood/Area: 11
    Subdivision Name: Winthrop Park Add

    Interior

    Living Area: 2,474 ft2
    Refrigerators: Two
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 22x24
    Garage Size: 528 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 1,391 ft2
    Fencing: Chain Link, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Radiator
    Parking Features: Detached Garage
    Shared Amenities: Other
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Frame
    • Stone
    Pool: None
    Roof Details: Age 8 Years or Less

    Rooms

    Laundry:
    • Gas Dryer Hookup
    • In Basement
    • Washer Hookup

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.17
    Geolocation: 44.93478, -93.267129
    Lot Dimensions: 63 x 117
    Zoning: Residential-Multi-Family
    Lot Description:
    • Cleared
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,000
    Annual Maintenance Expense: $600
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,500
    Tenant Expenses: Cable TV, Electricity, Gas, Heat, Telephone

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,781
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,781

    Income

    Annual Gross Income: $60,000
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $50,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.