2 months on rocket

2544 Pillsbury Ave S, Minneapolis, MN, 55404

$699,000

Home List Price

$8,301*

Closing Credit

0 Baths
4,424 SqFt
$158/SqFt
Multi
Schools Nearby

Location

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2544 Pillsbury Ave S, Minneapolis$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAsphalt, Shared Driveway, Guest Parking, Multiple Garages
Garage5 spaces
Year Built1910
HeatingForced Air
BasementYes
MLS #6485012
StatusActive

About 2544 Pillsbury Ave S

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.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 4,424 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 5 spaces
  • Parking: Asphalt, Shared Driveway, Guest Parking, Multiple Garages

Lot Features

Lot Information:

  • Lot: Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Jefferson Community School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Lyndale Ave So to 2544

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $158/SqFt

Tax Information:

  • Annual Amount: $12,283
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

2544 Pillsbury Ave S vs Minneapolis

84 DAYS ON ROCKET

+46 Days

$699,000

+$357.7K More

$158/SqFt

-$44 Less

KEY TAKEAWAY

This property is $357.7K more than the Median Sold Price and $44/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6485012

Listing Office:

  • Office Name: Coldwell Banker Realty

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:52:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 30, 2018Home Sold
$699,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,283$751,000
2019$12,893$729,000
2018$10,999$694,500
2017$9,421$604,000

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2899435
1
/10

  • Jefferson Community School

  • 1200 W 26th St

  • 0.65 miles

  • Public District Grades PK-8

High School

school-card-donut-2899436
5
/10

  • Southwest High School

  • 3414 W 47th St

  • 3.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,540. The majority of Minneapolis, MN residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55404›2544 Pillsbury Ave S

This home is located at 2544 Pillsbury Ave S in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 4,424 square foot home was built in 1910. It has been listed on Rocket Homes since February 04, 2024 and is currently priced at $699,000.

In March 2024 more than 380 listings in Minneapolis, MN were sold above the asking price. During the same period more than 165 listings were sold at asking price, while more than 317 were sold below. The number of listings in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. While the average time on the market in March 2024 was 38 days, the median list price was $341,287.

From Rocket Homes Real Estate and based on county public records data.

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