3101 E 24th Street, Minneapolis, MN 55406 - MLS# 7096745
$875,000
Spacious fourplex in the Seward neighborhood! This massive fourplex has a true 3 bed and 1 bath each unit going from front to back! Both main level units have their own separate front & back entry. Each unit has their own front porch/balcony. Upper units share the back balcony. All units have the same floor plan and mirror each other. Each unit has access to control their own heat! It's how the boiler system was set up. Updates such as paint and some newer appliances installed to units through new ownership . Tons of parking in the back that can fit at least 8 cars. Coin-op washer, and free newer dryer to replace previous coin-op. Tenants are on year long leases and have renewed. All 4 units have 3 bedrooms and 1 full bathroom each! 3 storage units in the basement along with a huge owners storage unit. All units are fully leased!
Interior Information
Size & Levels
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 71% of occupied homes are owner-occupied, and the average commute is 21 minutes.
Cost of Ownership
Median home value
$359,400
Similar to the Minneapolis median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$4,482/yr
Similar to the Minneapolis median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,968/mo
Lower than the Minneapolis median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$851/mo
Similar to the Minneapolis median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,265/mo
Lower than the Minneapolis median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
71%
Higher than Minneapolis overall
The share of occupied homes lived in by their owners.
Median year built
1938
Similar to the Minneapolis median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 1960-196911%
- 1950-195912%
- 1940-19494%
- 1939 or earlier66%
Types of homes
The share of housing units in each building type.
- Single-family detached66%
- Townhome / attached9%
- 2-4 units21%
Getting Around
Average commute
21 min
Lower than the Minneapolis median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone45%
- Walk or bike16%
- Work from home30%
Homes with broadband
96%
Higher than Minneapolis overall
The share of households with a broadband internet subscription.
