1 month on rocket

Sale Pending

4405 Morgan Ave N, Minneapolis, MN, 55412

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
3,355 SqFt
$194/SqFt
Multi
Schools Nearby

Location

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4405 Morgan Ave N, Minneapolis$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingGravel, Asphalt, Paved, Unassigned, Open
Year Built1903
HeatingBaseboard, Ductless, Forced Air, Humidity Control
BasementYes
MLS #6509546
StatusSale Pending
(Active)

About 4405 Morgan Ave N

This completely renovated triplex truly has it all. With modern updates, original hardwoods, and 10’ ceilings, this does not feel like your average Multifamily. Situated just off of Victory Memorial Drive & walking distance to the local market, library, coffee shops, restaurants, walking/biking paths, public pool, a quick drive to downtown, & so much more. A perfect opportunity for an owner occupant OR to maximize your rental amounts which are far above average for this area. Note the low property taxes! Equity building opportunity in the spacious Basement that has a dedicated separate entrance, washer/dryer hook ups and a ductless mini split unit to provide heating/cooling. There is also a walk-up attic space that could also be utilized via the second unit. Do not miss out on this amazing property!

Property Details

Property Features

Property Information:

  • Year Built: 1903
  • Living Area: 3,355 SqFt

Listing Office:

  • Office Name: Fox Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Gravel, Asphalt, Paved, Unassigned, Open

Utilities

Utilities Information:

  • Heating: Baseboard, Ductless, Forced Air, Humidity Control

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: Penn Ave to 44th, east to Morgan south to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $194/SqFt

Tax Information:

  • Annual Amount: $7,931
  • 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

4405 Morgan Ave N vs Minneapolis

32 DAYS ON ROCKET

-6 Days

$650,000

+$308.7K More

$194/SqFt

-$8 Less

KEY TAKEAWAY

This property is $308.7K more than the Median Sold Price and $8/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: #6509546

Listing Office:

  • Office Name: Fox Realty

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Last updated on: 4/28/2024, 12:22:15 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 25, 2016Home Sold
$122,500

Tax History

YEARPROP. TAXASSESSMENT
2020$7,931$213,500
2019$4,499$192,500
2018$3,359$175,000
2017$3,129$157,500

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-2220610
1
/10

  • Loring Community School

  • 2600 44th Ave N

  • 0.41 miles

  • Public District Grades PK-5

school-card-donut-2220611
1
/10

  • Jenny Lind Elementary

  • 5025 Bryant Ave N

  • 0.98 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2220612
1
/10

  • Olson Middle School

  • 1601 51st Ave N

  • 0.85 miles

  • Public District Grades 6-8

High School

school-card-donut-2220613
4
/10

  • Patrick Henry High School

  • 4320 Newton Ave N

  • 0.10 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 $53,261. Most Minneapolis, MN residents have annual incomes between $35k-100k. The majority of 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

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55412›4405 Morgan Ave N

This home is located at 4405 Morgan Ave N in Minneapolis, MN and zip code 55412 in the Camden neighborhood. This 3,355 square foot home was built in 1903. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $650,000.

In March 2024, from all listings sold in Minneapolis, MN there were more than 380 sold above asking price, over 317 sold below and more than 165 were sold right at the asked price. Between February 2024 and March 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 15.5%. In March 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $341,287.

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

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