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MLS: #7035408, Listed By: John Stiles, Peritus Real Estate, Source:FargoMoorhead Area Association of REALTORS

3010 15th Avenue

Minneapolis, MN 55407
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Bed 6

Bed

Bath 2

Bath

SqFt2,678

Sqft

Acres0.18

Acre(Lot)

Rare opportunity to acquire a classic up/down duplex in the heart of Minneapolis that has been under the same ownership since 1994. Situated on a double lot with a fenced yard, this property offers both stability and long-term upside potential. This well-laid-out duplex features two spacious units, each offering 3 bedrooms and 1 bathroom, with a total of 2,678 finished square feet. The upper unit showcases hardwood floors and an updated kitchen, while both units offer functional layouts and the highly desirable convenience of in-unit laundry, a major draw for tenants. The property is currently occupied by long-term tenants, providing immediate, reliable income. The main floor rents for $1,500 per month, and the upper unit rents for $1,650 per month. Residents pay their own electricity. R ents have not been increased to match current market levels, as ownership has prioritized tenant stability, presenting a clear opportunity for future value growth. The stucco exterior is complemented by a pitched roof. The windows were recently replaced through the city’s lead abatement program, adding long-term value and peace of mind. The property is heated by a boiler system, with a newer boiler (~ 5 years old) and water heater (~ 6 years old), helping reduce near-term capital expenses. An unfinished attic provides additional storage, and a detached shed offers further convenience for tenants. Located near public transit and just steps from a variety of restaurants, shopping, and neighborhood staples including Mercado Central and Ingebretsen’s, this property offers strong appeal for renters seeking convenience and walkability. Located in a highly walkable area near Powderhorn Park, this duplex offers strong fundamentals, stable tenancy, and meaningful upside, making it a solid addition to any investment portfolio.

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Detail Ic Property Details

Property Type : Residential Income

Price : $280,000

AD Id : 76312770

MLS Id : 7035408

Beds : 6

Lot Size : 0.18 Acre

Living Area Size : 2,678

Year Built : 1900

County : Hennepin

Subdivision: Ventnor Heights

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 2

    Room Information

    Has Basement: Yes Basement: Partial, Unfinished
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle Laundry Features: In Unit
  • Heating & Cooling

    Has Heating: Yes Heating: Radiant

  • Building Information

    Year Built: 1900 Building Area Total: 2678 Construction Materials: Frame Stories: 2 Patio And Porch Features: Front Porch, Rear Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 60 x 127 Main Square Feet: 0.18 Acres Lot Size Acres: 0.18 Lot Size Square Feet: 7840.8

    Property Information

    Subdivision: Williams Add Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 126

  • Listing Price Information

    Listing Price: $280000 Original Price: $295000 Cash, Conventional

  • Tax Information

    Parcel Number: 0202824120105 Annual Tax: $1238.72

  • Location Information

    Direction: From Lake St, go South on 15th. Property is on the right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3245 22nd Avenue, Minneapolis, MN, 55407 $490,000 5 2 3,235 3,235 SqFt
3832 20th Avenue, Minneapolis, MN, 55407 $470,000 5 2 2,562 2,562 SqFt
3208 19th Avenue, Minneapolis, MN, 55407 $375,000 4 2 1,608 1,608 SqFt
3241 Cedar Avenue, Minneapolis, MN, 55407 $399,900 5 3 3,000 3,000 SqFt
3847 Cedar Avenue, Minneapolis, MN, 55407 $425,000 4 2 2,646 2,646 SqFt
3504 Cedar Avenue, Minneapolis, MN, 55407 $299,000 3 2 1,486 1,486 SqFt
4417 Cedar Avenue, Minneapolis, MN, 55407 $425,000 4 2 1,988 1,988 SqFt
2930 18th Avenue, Minneapolis, MN, 55407 $299,900 4 2 2,606 2,606 SqFt
3117 17th Avenue, Minneapolis, MN, 55407 $399,900 4 2 1,768 1,768 SqFt
2740 16th Avenue, Minneapolis, MN, 55407 $424,900 8 2 2,817 2,817 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/09/2026 @ 23:01

MLS: 7035408 LISTED BY: John Stiles, Peritus Real Estate 612-554-7794 SOURCE: FargoMoorhead Area Association of REALTORS

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