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4253 James Ave N, Minneapolis, MN, 55412

$475,000

Home List Price

$5,641*

Closing Credit

0 Baths
3,188 SqFt
$149/SqFt
Multi
Schools Nearby

Location

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4253 James Ave N, Minneapolis$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Concrete
Garage2 spaces
Year Built1935
HeatingSteam
BasementYes
MLS #6498584
StatusActive

About 4253 James Ave N

Turnkey, fully leased, three unit property. Corner lot, large 2.5 garage and dedicated concrete driveway. Fully renovated in 2022… including the roof, all windows, gutters, 2 new boilers, 2 new electrical panels, plumbing and new water service line from the city main. Added 3 egress windows and a brand new 3bed 1 bath unit in the basement. Added shared laundry accessible by all units. All the units feature new lighting, fixtures, paint, flooring, appliances, kitchens and bathrooms. Perfect opportunity for an owner occupant to offset living costs or investor looking for minimal upkeep and immediate cash flow.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Living Area: 3,188 SqFt

Listing Office:

  • Office Name: Realty Group LLC

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • Patrick Henry High School, Public District Grades 9-12
  • Olson Middle School, Public District Grades 6-8
  • Loring Community School, Public District Grades PK-5
  • Jenny Lind Elementary, Public District Grades PK-5

Other

Directions Information:

  • Directions: MEMORIAL PKWY TO JAMES S TO 44TH E TO JAMES S

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $149/SqFt

Tax Information:

  • Annual Amount: $3,490
  • 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

4253 James Ave N vs Minneapolis

51 DAYS ON ROCKET

+13 Days

$475,000

+$133.7K More

$149/SqFt

-$53 Less

KEY TAKEAWAY

This property is $133.7K more than the Median Sold Price and $53/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: #6498584

Listing Office:

  • Office Name: Realty Group LLC

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Last updated on: 4/28/2024, 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

Tax History

YEARPROP. TAXASSESSMENT
2020$3,490$188,000
2019$3,809$169,500
2018$2,770$154,000
2017$2,343$129,300

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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-1911399
1
/10

  • Loring Community School

  • 2600 44th Ave N

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-1911400
1
/10

  • Jenny Lind Elementary

  • 5025 Bryant Ave N

  • 1.02 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1911401
1
/10

  • Olson Middle School

  • 1601 51st Ave N

  • 0.99 miles

  • Public District Grades 6-8

High School

school-card-donut-1911402
4
/10

  • Patrick Henry High School

  • 4320 Newton Ave N

  • 0.21 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 $51,816. Typical income of Minneapolis, MN residents is between $35k-100k annually. The majority of families are 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›55412›4253 James Ave N

This home is located at 4253 James Ave N in Minneapolis, MN and zip code 55412 in the Berkeley neighborhood. This 3,188 square foot home was built in 1935. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $475,000.

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. The number of homes for sale in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $341,287, while the average time on the real estate market was 38 days.

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

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