349 15th Avenue NE, Minneapolis, MN 55413 (MLS# 7034382)

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1958
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1258
Above Ground SqFt: 3060
Total SqFt: 3060
Foundation Size: 1570
Lot Size SqFt: 4680
Style: (MF) Triplex
Total Finished Sqft: 2748.00
Lot Dimensions: 72x65
Assessment Pending: Unknown
# Carport Spaces: 0
Below Grd Total SqFt: 0
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned; Common Garden Basement: Full Construction Materials: Brick; Frame Construction Status: Previously Owned Electric: 100 Amp Service Exterior: Brick/Stone Fencing: None Foundation: Slab Fuel: Natural Gas Heating: Hot Water Lot Description: Tree Coverage - Light Owner Pays: Gas; Insurance; Sewer; Taxes; Trash Collection; Water Parking Characteristics: Uncovered/Open Pool Description: None Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Topography: Level Unit 1 Amenities: City View; Kitchen Window; Patio; Primary Bedroom Walk-in Closet Unit 1 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 1 Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Eat In Kitchen Unit 1 Special Search: 3 BR on One Level; All Living Fac. on One Level; Main Floor Laundry Unit 2 Amenities: Cable; City View; Kitchen Window; Patio Unit 2 Bath Description: Upper Level Full Bath Unit 2 Special Search: All Living Fac. on One Level Unit 3 Amenities: Kitchen Window; Patio Unit 3 Bath Description: Upper Level Full Bath Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 625000
ListPrice: 599000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 349
Street Name: 15th
Street Suffix: Avenue
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55413
Complex/Dev/Subdivision: Bottineaus 2nd Add Town Of St

Assessments

Tax With Assessments: 9001.62
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2748

More Information

Income and Expenses

Annual Gross Income: 57588
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 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

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 14
Township#: 29

Unit 1

Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Unit Number: Yes
1/2 Baths: Yes
Annual Rent: 26148
Finished SqFt: 1258
Full Baths: Yes
Monthly Rent: 2179
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 7

Unit 2

Furnished?: No
Lease Expiration Date: 2026-07-31
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 15120
Finished SqFt: 745
Full Baths: Yes
Monthly Rent: 1260
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 3

Furnished?: No
Lease Expiration Date: 2026-08-31
Leased?: Yes
Level: 2nd Level
Unit Number: 3
Annual Rent: 16320
Finished SqFt: 745
Full Baths: Yes
Monthly Rent: 1360
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 001 BLOCK 024 BOTTINEAUS 2ND ADDN TOWN OF ST ANTH W 65 FT
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2028
Property ID Number: 1402924210003
Tax Year: 2026
Tax Amount: 9001.62
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: The perfect addition or start to your portfolio is here! This all-brick, 1958 built triplex features a rare 3-bedroom, 2-bathroom unit spanning the entire main floor, plus two 1-bedroom, 1-bathroom units on the upper level. All units have been nicely updated with stainless steel appliances, stone countertops, dishwasher in each unit, and numerous other improvements to ensure peak rental income. Currently generating almost $60k in annual income with room to grow. Coin laundry is available for shared use by all units. The roof, mechanicals, and windows are all in great condition and on the newer side, ensuring stress-free management and lower CapEx concerns. Located in the heart of NE Minneapolis, one of the most sought-after rental locations in the city ensures lower vacancy and turnover from day one.
Directions: Broadway to Uniiversity, north to 15th Ave, E to 349

Accessible

None: Yes

Amenities Shared

Coin-op Laundry Owned: Yes
Common Garden: Yes

Basement

Full: Yes

Construction Materials

Brick: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Electric

100 Amp Service: Yes

Exterior

Brick/Stone: Yes

Fencing

None: Yes

Foundation

Slab: Yes

Fuel

Natural Gas: Yes

Heating

Hot Water: Yes

Lot Description

Tree Coverage - Light: Yes

Owner Pays

Gas: Yes
Insurance: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Garage Dimensions: No
Uncovered/Open: Yes

Pool Description

None: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sellers Terms

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

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Topography

Level: Yes

Water

City Water/Connected: Yes

No. of Ranges

Three: Yes

No. of Refrigerators

Three: Yes

Tenant Pays

Electricity: Yes

Unit 1 Amenities

City View: Yes
Kitchen Window: Yes
Patio: Yes
Primary Bedroom Walk-in Closet: Yes

Unit 1 Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor 1/2 Bath: Yes
Main Floor Full Bath: Yes

Unit 1 Cooling

None: Yes

Unit 1 Dining Room Description

Eat In Kitchen: Yes

Unit 1 Special Search

3 BR on One Level: Yes
All Living Fac. on One Level: Yes
Main Floor Laundry: Yes

Unit 2 Amenities

Cable: Yes
City View: Yes
Kitchen Window: Yes
Patio: Yes

Unit 2 Bath Description

Upper Level Full Bath: Yes

Unit 2 Special Search

All Living Fac. on One Level: Yes

Unit 3 Amenities

Kitchen Window: Yes
Patio: Yes

Unit 3 Bath Description

Upper Level Full Bath: Yes