3118 Newton Avenue N - Photo 1
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3118 Newton Avenue N
3118 Newton Avenue N
3118 Newton Avenue N
3118 Newton Avenue N
3118 Newton Avenue N

3118 Newton Avenue N, Minneapolis, MN 55411 - MLS# 7161680

MLS® #: 7161680|Days on Market: 5|Listed: Oct 17, 2026

$339,000

Bedrooms
4
Bathrooms
2
Square Feet
1,730
Acres
0.12
Year Built
1914
Property Type
Residential Income
Heating
Natural Gas
Garages
1
Days on Market
5
School District
1 - Minneapolis

UP TO $97,000 IN POTENTIAL HOMEBUYER ASSISTANCE MAY BE AVAILABLE — PLUS $3,400/MONTH IN CURRENT RENTAL INCOME! Eligible owner-occupants may have access to multiple homebuyer assistance programs, potentially including up to $45,000 through the Advancing Black Homeownership Community Fund, up to $32,000 in first-generation assistance, and up to $20,000 through the City of Minneapolis, subject to individual eligibility, available funding and program requirements. Not all programs may be combined.

Both units are currently leased with $3,400/month in combined rental income. The lower level offers additional finished space, a framed bedroom area and rough-ins for a future kitchen and bathroom, creating potential for additional value. Buyer to verify zoning, permits, code compliance and permitted use with the City of Minneapolis.

An opportunity to combine rental income with potentially substantial homebuyer assistance.

3118 Newton Avenue N, Minneapolis, MN 55411

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Interior Information

BasementUnfinished
HeatingBoiler
FuelNatural Gas

Size & Levels

LevelsTwo
Total Finished Sq Ft1,730 sq ft
Above Grade Finished1,730 sq ft
Main Level Finished1,730 sq ft
Foundation Size41X127X41X127

Exterior & Parking

ExteriorVinyl
FoundationBrick/Mortar
Garage Stalls1

Lot & Utilities

Property SubtypeDuplex Side by Side
Lot Size0.12 acres
SubdivisionHamischs 3rd Add
TownshipMinneapolis
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected

Financial & Tax Information

Annual Taxes$3,603
Tax Year2025
Tax w/ Assessments$3,603
Assessment PendingNo
Parcel Number0902924320150
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1939 or earlier, about 73% of occupied homes are owner-occupied, and the average commute is 22 minutes.

Cost of Ownership

Median home value

$206,500

Lower than the Minneapolis median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$1,873/yr

Lower than the Minneapolis median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$1,468/mo

Lower than the Minneapolis median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$431/mo

Lower than the Minneapolis median

Median monthly housing costs for owners without a mortgage.

Homes in the Area

Owner-occupied homes

73%

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.

  • 1950-19599%
  • 1940-19499%
  • 1939 or earlier64%

Types of homes

The share of housing units in each building type.

  • Single-family detached95%

Getting Around

Average commute

22 min

Similar to 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 alone66%
  • Public transit7%
  • Work from home10%

Homes with broadband

96%

Higher than Minneapolis overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Minneapolis Public School District

This home is in the Hmong International Elementary, Olson Middle and Camden High attendance areas of Minneapolis Public School District.

Elementary

Hmong International Elementary

Grades PK-5 · 0.4 mi away

Enrollment
258
Students per teacher
9.6

1501 30th Ave N, Minneapolis, MN 55411

(612) 668-2250

Middle

Olson Middle

Grades 6-8 · 2.3 mi away

Enrollment
329
Students per teacher
8

1607 51st Ave N, Minneapolis, MN 55430

(612) 668-1640

High

Camden High

Grades 9-12 · 1.5 mi away

Enrollment
783
Students per teacher
10.2

4320 Newton Ave N, Minneapolis, MN 55412

(612) 668-2000

School assignments can change. Verify enrollment with Minneapolis Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

Broker Reciprocity logo
Listed by: Coldwell Banker Realty
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.