2 months on rocket

Sale Pending

4029 Portland Ave, Minneapolis, MN, 55407

$229,000

Home List Price

$2,719*

Closing Credit

4 Bedrooms
1 Full Bath
1,341 SqFt
$171/SqFt
House
Schools Nearby

Location

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4029 Portland Ave, Minneapolis$229,000

Buyer Closing Credits

$2,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Year Built1918
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6482947
StatusSale Pending
(Pending)

About 4029 Portland Ave

Welcome to your new home in the heart of South Minneapolis! This charming fixer-upper is a blank slate just waiting for your vision! Nestled in a vibrant community, this property features 4 bedrooms + flex space, 1 bath, a cozy front porch, newer kitchen and bath, hardwood floors and much of the original charm from the early 1900’s. Four minutes to the trendy 48th and Chicago area featuring coffee shops, dining, entertainment and more. Minnehaha Creek is also right at your fingertips, jump on the trails for a walk or run or just find yourself immersed in nature. Enjoy being a quick bus or Uber ride to downtown Minneapolis to catch a show or sporting event. Bring your ideas and envision the possibilities. Some creativity and elbow grease will transform this property into the charming bungalow it has potential to be. Newer mechanicals, and convenient location make this affordable home a great option!

Property Details

Property Features

Property Information:

  • Year Built: 1918
  • Living Area: 1,341 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Concrete

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Washburn High School, Public District Grades 9-12
  • Ramsey Middle School, Public District Grades 6-8
  • Richard R. Green Central Park School, Public District Grades PK-5

Other

Directions Information:

  • Directions: East of 35W Portland Ave is a one way headed south, park in front of the home

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,000
  • Price Per SqFt: $171/SqFt

Tax Information:

  • Annual Amount: $2,729
  • 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

4029 Portland Ave vs Minneapolis

80 DAYS ON ROCKET

+42 Days

$229,000

-$112.2K Less

$171/SqFt

-$31 Less

KEY TAKEAWAY

This property is $112.2K less than the Median Sold Price and $31/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: #6482947

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 4/29/2024, 11:22:16 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$2,729$219,500
2019$2,958$202,015
2018$2,883$190,570
2017$2,506$164,410

History based on county public records data.

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$1,210

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$753

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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-3091923
3
/10

  • Richard R. Green Central Park School

  • 3416 4th Ave S

  • 0.75 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3091924
5
/10

  • Ramsey Middle School

  • 1 W 49th St

  • 1.27 miles

  • Public District Grades 6-8

High School

school-card-donut-3091925
5
/10

  • Washburn High School

  • 201 W 49th St

  • 1.34 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 $65,168. Typical income of Minneapolis, MN residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4029 Portland Ave

What is the listing price of this property?

The listing price of 4029 Portland Ave property is $229,000.

What type of property is this?

The property 4029 Portland Ave is a house located in Minneapolis, Minnesota, 55407.

Is this property for sale now?

Sale Pending: 4029 Portland Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 4029 Portland Ave are:
Richard R. Green Central Park School: GreatSchools Rating 3/10
Ramsey Middle School: GreatSchools Rating 5/10
Washburn High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,729 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4029 Portland Ave has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4029 Portland Ave is 1,341 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4029 Portland Ave is 1918.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›4029 Portland Ave

This home is located at 4029 Portland Ave in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 1,341 square foot home was built in 1918. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 08, 2024 and is currently priced at $229,000.

Over 380 listings were sold over their listed price in March 2024 in Minneapolis, MN. In the same period over 317 listings were sold below the listed price and 165 listings were sold for the listed price. The inventory of homes for sale in Minneapolis, MN between February 2024 and March 2024 increased by 15.5%. 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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