3108 Oakland AVE Active

Minneapolis,MN 55407

$ 475000

- Bed

- Bath

3888 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,888 sqft

Price per Sqft $122

Subdivision Park Place Add

MLS Listing ID 6559720

Year Built 1900

Annual Tax Amount $8,136

Tax Year 2023

Contingent None

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 57x119

Property Description

Charming 4-Plex just blocks from Powderhorn Park! Conveniently located near the hospital, with shopping just minutes away. Enjoy easy access to 35W for stress-free commuting. Unit 4 handles lawn care and snow removal for $100/month. Long-term tenants (up to 16 years!) have been excellent renters, adding stability to this investment. All four leases have been renewed on July 1, 2024, for 1-year terms. Repairs/Maintenance were higher in 2023 than previous years, See Supplements! Don't miss this fantastic opportunity!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Stone/Rock,Unfinished

Interior

Heating Forced Air

Fireplace No

Exterior

Garage Concrete

Fence Chain Link

Roof Type Age 8 Years or Less,Asphalt,Pitched

Parking Type Concrete

Building

Lot Description Tree Coverage - Medium

Story More Than 2 Stories

Foundation 1944

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

Structure Type Vinyl Siding

New Construction false

Schools

School District Minneapolis

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