MLS: #7024111, Listed By: Melanie Swensen, Edina Realty, Inc., Source:FargoMoorhead Area Association of REALTORS
3108 Elliot Avenue
Minneapolis, MN 55407
9
Bed
3
Bath
3,052Sqft
4,792Sqft(Lot)
Rare opportunity to acquire a tri-plex with below-market financing! 2.5% ASSUMABLE LOAN – SAVE $700-$800/MO/$9000 ANNUALLY vs today’s rates. Buyer can assume approx. $432K at 2.5% creating a dramatically lower monthly payment than current market financing. Additional income from coin-operated laundry. Major capital improvements including NEW ROOF (2025), new sewer line (2024), updated electrical, boiler and chimney brought up to code. Fully rented triplex with separate gas and electric, hardwood floors, abundant natural light, basement storage, on-site laundry, PRIVATE OFF-STREET PARKING, and a backyard space. Located 2 blocks from 66-acre Powderhorn Park (with central lake, recreational facilities and trails) and 3 miles from downtown Mpls, offers walkability to local cafes, restaurant
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 9Bathroom Information
Total Baths: 3Room Information
Has Basement: Yes Basement: Storage Space, Block, Concrete -
Heating & Cooling
Has Heating: Yes Heating: Baseboard
-
Building Information
Year Built: 1894 Building Area Total: 4218 Construction Materials: Stucco Private Pool: No
-
Lot Information
Lot Dimensions: 40x123 Main Square Feet: 4792 Square Feet Lot Size Acres: 0.11 Lot Size Square Feet: 4792Property Information
Subdivision: The Erastus Byers Add Source Property Type: Residential Income Property SubType: Triplex Property Age: 132
-
Listing Price Information
Listing Price: $525000 Original Price: $575000 Assumable, Cash, Conventional, FHA, VA Loan
-
Tax Information
Parcel Number: 0202824210099 Tax Year: 2025 Annual Tax: $6926 Tax Legal Desc: LOT 003 BLOCK 003 THE ERASTUS BYERS ADDN TO MPLS
-
Parking Information
Shared Driveway, Driveway
-
Location Information
Direction: 35W Exit 15A 31st St east, take right on Chicago then quick left on 31st St then right on Elliot Ave. WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3200 23rd Avenue, Minneapolis, MN, 55407 | $464,990 | 6 | 3 | 2,614 | 0.14 Acre |
| 3852 Standish Avenue, Minneapolis, MN, 55407 | $529,900 | 4 | 3 | 2,462 | 0.13 Acre |
| 1911 E 32nd Street, Minneapolis, MN, 55407 | $900,000 | 9 | 6 | 5,400 | 0.14 Acre |
| 3622 Longfellow Avenue, Minneapolis, MN, 55407 | $489,900 | 5 | 2 | 3,760 | 0.11 Acre |
| 3847 Cedar Avenue, Minneapolis, MN, 55407 | $439,900 | 4 | 2 | 2,646 | 0.11 Acre |
| 1811 E 28th Street, Minneapolis, MN, 55407 | $289,900 | 5 | 2 | 2,659 | 4,316 Sq. Ft |
| 3504 Cedar Avenue, Minneapolis, MN, 55407 | $299,000 | 3 | 2 | 1,486 | 0.13 Acre |
| 2913 18th Avenue, Minneapolis, MN, 55407 | $495,000 | 8 | 4 | 3,188 | 0.14 Acre |
| 2740 16th Avenue, Minneapolis, MN, 55407 | $384,900 | 8 | 2 | 2,817 | 0.12 Acre |
| 1537 E 38th Street, Minneapolis, MN, 55407 | $680,000 | 8 | 4 | 3,456 | 0.14 Acre |
Similar Multifamily To 3108 Elliot Avenue
Nearby For Sale
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 09/15/2026 @ 04:32
More Cities with for Sale by Owner Homes
- Minneapolis Homes For Sale By Owner
- Fridley Homes For Sale By Owner
- Brooklyn Center Homes For Sale By Owner
- Crystal Homes For Sale By Owner
- Edina Homes For Sale By Owner
- Brooklyn Park Homes For Sale By Owner
- New Brighton Homes For Sale By Owner
- Saint Paul Homes For Sale By Owner
- Hopkins Homes For Sale By Owner
- Roseville Homes For Sale By Owner
- Mendota Heights Homes For Sale By Owner
- Bloomington Homes For Sale By Owner
- Osseo Homes For Sale By Owner
- Eagan Homes For Sale By Owner
- Minnetonka Homes For Sale By Owner
- Plymouth Homes For Sale By Owner
- Eden Prairie Homes For Sale By Owner
- Coon Rapids Homes For Sale By Owner
- South Saint Paul Homes For Sale By Owner
- Wayzata Homes For Sale By Owner
Homes around $525,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.