3003 California Street NE, Minneapolis, MN 55418

Overview

Description

Opportunity knocks with this well-maintained duplex located in one of Northeast Minneapolis' most vibrant and walkable neighborhoods—just steps from popular breweries, shops, and restaurants. Each unit offers 2 bedrooms and 1 bathroom with bright, spacious living areas, front sunrooms filled with natural light, and dishwashers in the kitchens for added convenience. Tenants enjoy free shared laundry and additional storage in the basement, while the large lot features a fire pit, and patio area; perfect for outdoor entertaining. A detached 2-car garage is a huge benefit for those snowy winters. Mechanicals are in great shape with a brand new furnace in the basement, new baseboard heaters in the upstairs and new electrical panels. With strong rental history and minimal vacancy thanks to its desirable location and smart layout, this is an ideal investment for both house hackers and portfolio builders. As an added bonus, there's value add potential as the expansive walk-up attic on the third level provides a unique opportunity—finish it out to create an additional unit or expand the upper unit living space with more bedrooms or a primary suite. Main level unit is occupied and is rented for $1,539 per month through 2026. Don’t miss your chance to own a high-demand rental property in a thriving Northeast Minneapolis neighborhood!

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1905
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1212
Above Ground SqFt: 2540
Below Grd Total SqFt: 833
Total SqFt: 3373
Foundation Size: 1100
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2431.00
Garage Stalls: 2
Lot Dimensions: 127x47x30x133
Acres: 0.19

Property Features

Accessible: None Basement: Concrete Block Construction Status: Previously Owned Exterior: Stucco Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Baseboard; Forced Air Rental License Type: Standard Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 1 Cooling: Window Unit 2 Appliances: Dishwasher; Range; Refrigerator Unit 2 Cooling: Window Water: City Water/Connected

Contract Information

Off Market Date: 2026-03-21
Contingency: None
Original List Price: 379000
ListPrice: 379000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3003
Street Name: California
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55418
Complex/Dev/Subdivision: Northtown Add

Assessments

Tax With Assessments: 6226
Assessment Balance: 0

Basement

Foundation Dimensions: 55x20
Concrete Block: Yes

More Information

Building Information

Finished SqFt Above Ground: 2431

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 20x20
Garage Door Height: 7
Garage Door Width: 7
Garage Square Feet: 400

Public Survey Info

Range#: 24
Section#: 03
Township#: 29

Unit 1

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: Yes
Annual Rent: 18468
Finished SqFt: 1212
Full Baths: Yes
Monthly Rent: 1539
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 7

Unit 2

Furnished?: No
Leased?: No
Unit Number: 2
Finished SqFt: 1328
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 7

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 015 BLOCK 001 NORTHTOWN ADDN TO MPLS
Listing City: Minneapolis
Map Page: 92
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1805
Property ID Number: 0302924440002
Tax Year: 2025
Tax Amount: 5598
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Opportunity knocks with this well-maintained duplex located in one of Northeast Minneapolis' most vibrant and walkable neighborhoods—just steps from popular breweries, shops, and restaurants. Each unit offers 2 bedrooms and 1 bathroom with bright, spacious living areas, front sunrooms filled with natural light, and dishwashers in the kitchens for added convenience. Tenants enjoy free shared laundry and additional storage in the basement, while the large lot features a fire pit, and patio area; perfect for outdoor entertaining. A detached 2-car garage is a huge benefit for those snowy winters. Mechanicals are in great shape with a brand new furnace in the basement, new baseboard heaters in the upstairs and new electrical panels. With strong rental history and minimal vacancy thanks to its desirable location and smart layout, this is an ideal investment for both house hackers and portfolio builders. As an added bonus, there's value add potential as the expansive walk-up attic on the third level provides a unique opportunity—finish it out to create an additional unit or expand the upper unit living space with more bedrooms or a primary suite. Main level unit is occupied and is rented for $1,539 per month through 2026. Don’t miss your chance to own a high-demand rental property in a thriving Northeast Minneapolis neighborhood!
Directions: South on Marshall, left on 30th Ave NE

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Baseboard: Yes
Forced Air: Yes

Rental License Type

Standard: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

Income and Expenses

Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Misc Monthly Income: 0
Misc. Annual Income: 0
Total Annual Expenses: 0

Unit 1 Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Cooling

Window: Yes

Unit 2 Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Cooling

Window: Yes