24 days on rocket

Sale Pending

3114 23rd Ave S, Minneapolis, MN, 55407

$625,000

Home List Price

$7,422*

Closing Credit

0 Baths
3,264 SqFt
$191/SqFt
Multi
Schools Nearby

Location

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3114 23rd Ave S, Minneapolis$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingPaved
Year Built1979
HeatingForced Air
BasementYes
MLS #6514240
StatusSale Pending
(Pending)

About 3114 23rd Ave S

Well maintained, 4-plex located in a very convenient location with two open units for owner occupant opportunity! *Three - 2 bedroom units & One - 1 bedroom unit. * 1 block to light-rail station and bus stop, plus close to Target, Cub Foods, YWCA and many stores and restaurants! Many updates include: New Roof in 2017, All New Windows in 2015, All Units New Kitchen Cabinets were installed between 2017 and 2019. Most units have new appliances replaced since 2016. 3 Newer water heaters. 3 units had flooring replaced: 2024, 2020, 2017. All furnaces replaced in 2010..and much more! Coin laundry. Tenants pay Electric/Gas. (One unit virtually staged.) *Ask about assumable mortgage.

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Living Area: 3,264 SqFt

Listing Office:

  • Office Name: Engel & Volkers Minneapolis Downtown

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: WEST TO 23RD AVENUE, NORTH 1 BLOCK

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $191/SqFt

Tax Information:

  • Annual Amount: $7,041
  • 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

3114 23rd Ave S vs Minneapolis

24 DAYS ON ROCKET

-14 Days

$625,000

+$283.7K More

$191/SqFt

-$11 Less

KEY TAKEAWAY

This property is $283.7K more than the Median Sold Price and $11/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: #6514240

Listing Office:

  • Office Name: Engel & Volkers Minneapolis Downtown

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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, 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

Listing History

Jul 13, 2009Home Sold
$154,429
Jul 13, 2009Home Sold
$175,000
Dec 05, 2006Home Sold
$375,000
May 11, 2005Home Sold
$329,900
Mar 23, 1998Home Sold
$119,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,041$431,000
2019$7,018$392,000
2018$6,445$350,000
2017$5,532$296,500

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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.

High School

school-card-donut-3200415
6
/10

  • South High School

  • 3131 19th Ave S

  • 0.24 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 $45,584. Most Minneapolis, MN residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›3114 23rd Ave S

This home is located at 3114 23rd Ave S in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 3,264 square foot home was built in 1979. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $625,000.

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. In March 2024 median list price was $341,287 and the average listing age was 38 days.

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

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