20 days on rocket

2646 Central Ave NE, Minneapolis, MN, 55418

$400,000

Home List Price

$4,750*

Closing Credit

0 Baths
3,256 SqFt
$123/SqFt
House
Schools Nearby

Location

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2646 Central Ave NE, Minneapolis$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOpen
Garage1 space
Year Built1904
HeatingSteam
BasementYes
MLS #6515958
StatusActive

About 2646 Central Ave NE

Back on the market financing fell through. Incredible opportunity to own a great income driven multifamily property in a prime location! Off central Ave NE and 27th in Minneapolis MN 12 single bedrooms rent separately for $350 monthly to generate more residual income with no hassle. Please see the attached supplement for detail income and expenses information. Roofing Material: 10 years old and the seller replaced the boiler last two years. Note: information provided is accurate but not guarantee Buyer and buyer’s agent should verify. 12 hours required for showing.

Property Details

Property Features

Property Information:

  • Year Built: 1904
  • Living Area: 3,256 SqFt

Listing Office:

  • Office Name: Minnesota Realty Guide, LLC

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Open

Lot Features

Lot Information:

  • Lot: Irregular Lot

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • Edison High School, Public District Grades 9-12
  • Northeast Middle School, Public Magnet Grades 6-8
  • Waite Park Community School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 694 to central Ave NE heading south on central the property is located on the right by the used car sales.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $5,954
  • 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

2646 Central Ave NE vs Minneapolis

20 DAYS ON ROCKET

-18 Days

$400,000

+$58.7K More

$123/SqFt

-$79 Less

KEY TAKEAWAY

This property is $58.7K more than the Median Sold Price and $79/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: #6515958

Listing Office:

  • Office Name: Minnesota Realty Guide, LLC

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Last updated on: 4/30/2024, 12:52:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,954$355,500
2019$5,613$309,000
2018$5,164$276,000
2017$4,928$260,000

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-3542145
5
/10

  • Waite Park Community School

  • 1800 34th Ave NE

  • 1.14 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3542146
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 0.77 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3542147
2
/10

  • Edison High School

  • 700 22nd Ave NE

  • 0.53 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 $37,823. Residents of Minneapolis, MN typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2646 Central Ave NE

What is the listing price of this property?

The listing price of 2646 Central Ave NE property is $400,000.

What type of property is this?

The property 2646 Central Ave NE is a house located in Minneapolis, Minnesota, 55418.

Is this property for sale now?

Active Listing: 2646 Central Ave NE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2646 Central Ave NE are:
Waite Park Community School: GreatSchools Rating 5/10
Northeast Middle School: GreatSchools Rating 2/10
Edison High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,954 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 2646 Central Ave NE is 3,256 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2646 Central Ave NE is 1904.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55418›2646 Central Ave NE

This home is located at 2646 Central Ave NE in Minneapolis, MN and zip code 55418 in the Holland neighborhood. This 3,256 square foot home was built in 1904. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $400,000.

While more than 380 listings in Minneapolis, MN in March 2024 were sold above asking price, there were more than 165 listings sold at asking price, and 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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