3951 Oregon Avenue N, Minneapolis, MN 55427

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1959
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1584
Above Ground SqFt: 1584
Total SqFt: 1584
Foundation Size: 1584
Style: (MF) Duplex Side X Side
Total Finished Sqft: 1584.00
Garage Stalls: 2
Acres: 0.31
Assessment Pending: No
Lot Dimensions: No
Below Grd Total SqFt: 0

Property Features

Accessible: None Basement: Concrete Block Construction Status: Previously Owned Exterior: Stucco Financing Terms: FHA Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lock Box Type: Combo Owner Pays: Lawn; Trash Collection; Water Rental License Type: Standard Sellers Terms: Cash; Contract for Deed; Conventional Sewer: City Sewer/Connected Stories: One Tenant Pays: Electricity; Gas; Snow Removal Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Cooling: Window Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Cooling: Window Water: City Water/Connected

Contract Information

Off Market Date: 2026-05-09
Contingency: None
Closed Date: 2026-05-08
Original List Price: 365000
ListPrice: 365000
Sales Close Price: 370000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3951
Street Name: Oregon
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55427
Complex/Dev/Subdivision: Gwynnco Add

Assessments

Tax With Assessments: 7391.98
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1584

More Information

Income and Expenses

Annual Gross Income: 35880
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#: 21
Section#: 17
Township#: 118

Unit 1

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: Yes
Annual Rent: 17940
Finished SqFt: 792
Full Baths: Yes
Monthly Rent: 1495
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 2

Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 17940
Finished SqFt: 792
Monthly Rent: 1495
No. of Units Like This: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 004 BLOCK 001 GWYNNCO ADDN
Listing City: New Hope
Map Page: 91
Municipality: New Hope
School District: Robbinsdale
School District Phone: 763-504-8000
Zip Plus 4: 1661
Property ID Number: 1711821310005
Tax Year: 2025
Tax Amount: 7391.98
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Attention investors! Start investing by optionally living in one side and renting out the other. Fantastic property situated in a quiet neighborhood in New Hope just off Rockford Rd! Separate meters and each unit has laundry in the lower level. Value add opportunity - each side has a large unfinished basement where a 3rd bedroom could be added to increase value and rents. 3933 Oregon Ave N, which is nearly next door and identical, is also for sale and can be purchased together with this home.
Directions: 169 to Rockford Rd, then right on Oregon Ave N. House is on the right.

Accessible

None: Yes

Basement

Concrete Block: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes

Financing Terms

FHA: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lock Box Type

Combo: Yes

Owner Pays

Lawn: Yes
Trash Collection: Yes
Water: Yes

Rental License Type

Standard: Yes

Sellers Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Snow Removal: Yes

Unit 1 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Cooling

Window: Yes

Unit 2 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Cooling

Window: Yes