1 month on rocket

2602 8th St, Minneapolis, MN, 55454

$425,000

Home List Price

$5,047*

Closing Credit

0 Baths
1,731 SqFt
$246/SqFt
Multi
Schools Nearby

Location

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2602 8th St, Minneapolis$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCarport, Covered, Driveway - Other Surface
Year Built1900
HeatingForced Air
BasementYes
MLS #6502610
StatusActive

About 2602 8th St

ASSUMABLE LOAN at 3.625 for qualified buyers! Gorgeous duplex with an additional corner lot, perfect for an owner occupant or investor. Totally rebuilt/remodeled in 2005 with a kitchen expansion and new AC's in both units in 2022. Near the river in a small neighborhood and just a block down from beautiful Riverside Park. Easy access to 94 and nearby universities. Possible expansion opportunities with the extra lot (think triplex or additional dwelling), or just enjoy a spacious, private feeling yard. Plenty of off-street parking, a carport, and permitted parking on the street, as well as two sheds. Both units are owner occupied and have never before been rented out. Come take a look at this rare gem!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,731 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Covered, Driveway - Other Surface

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12
  • Sanford Middle School, Public District Grades 6-8
  • Anne Sullivan Communication Center, Public District Grades PK-8

Other

Directions Information:

  • Directions: 94E to Riverside, right on Riverside, left on 8th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $246/SqFt
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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

2602 8th St vs Minneapolis

48 DAYS ON ROCKET

+10 Days

$425,000

+$83.7K More

$246/SqFt

+$44 More

KEY TAKEAWAY

This property is $83.7K more than the Median Sold Price and $44/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6502610

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 4/29/2024, 3:22:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

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Total Monthly Payment

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NMLS#3030

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-3196076
2
/10

  • Anne Sullivan Communication Center

  • 3100 E 28th St

  • 0.98 miles

  • Public District Grades PK-8

Middle School

school-card-donut-3196077
5
/10

  • Sanford Middle School

  • 3524 42nd Ave S

  • 2.10 miles

  • Public District Grades 6-8

High School

school-card-donut-3196078
6
/10

  • South High School

  • 3131 19th Ave S

  • 1.45 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 $23,824. The majority of Minneapolis, MN residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55454›2602 8th St

This home is located at 2602 8th St in Minneapolis, MN and zip code 55454 in the University neighborhood. This 1,731 square foot home was built in 1900. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $425,000.

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. In March 2024 in Minneapolis, MN there were 15.5% more homes for sale than in February 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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