For Sale Triplex MLS# 7111896

3018 Chicago Avenue

Minneapolis, MN 55407

$599,900

northstar-of-minnesota-regional-multiple-listing-service-of-minnesota-inc-rsd logo

About 3018 Chicago Avenue

Excellent investment opportunity. This spacious triplex features three legal rental units plus a non-conforming basement unit for additional rental income, with a total of 12 bedrooms throughout the property. All units are currently occupied and generating income. Numerous updates have been completed, including a brand-new roof, new exterior paint, and many additional improvements throughout. A great opportunity for an investor or owner-occupant looking to generate rental income and build long-term equity.

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1909
Stories
More Than 2 Stories
Living area
4,439 sqft
Price / sqft
$135
Lot
0.13
Original price
$649,900
MLS #
7111896

Interior

Features
Baseboard, Fireplace(s), Common Area, Egress Window(s), Finished, Full
Heating
Baseboard, Fireplace(s)
Laundry
Common Area

Exterior & lot

Features
Stucco, Detached Garage, Concrete
Construction
More Than 2 Stories, Block, Age Over 8 Years, Asphalt
Roof
Age Over 8 Years, Asphalt
Foundation
Block
Lot
0202824220008, Wood
Fence
Wood
Parking
Detached Garage, Concrete
Garage spaces
2

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$12,680
Tax year
2026
Parcel
0202824220008

Location

Subdivision
Chicago Lake Park Add
County
Hennepin
Neighborhood
Central
Community
Hennepin, City Street, Coin-op Laundry Owned, northstar, Minneapolis
Directions
From I-35W take exit 15A toward 31st St/Lake St., R onto E 31st St., L onto Chicago Ave., turn L., destination will be on the Left.

Location

Neighborhood
Central
Subdivision
Chicago Lake Park Add
School district
Minneapolis Public School District

Ask about this property

Questions on 3018 Chicago Avenue, Minneapolis, MN 55407, or want to see it in person?

Listed by Paulo Mora, RE/MAX Results

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.