Pending
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Pending

$489,000

6 Beds 2 / 1 Full / Half Baths 3,535 SQFT 0.11 Acres
Type: Pending

3431 Elliot Avenue
Minneapolis, MN 55407

MLS#: 7106433
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800
Presented by: Pemberton RE

Property Description

 

A rare opportunity to own two separate homes on one lot in the heart of Minneapolis! Ideal for an owner-occupant seeking more privacy than a traditional duplex, the main home and second home are completely separate residences, creating an excellent setup for multigenerational living, rental income, or a home office. The main home features classic Minneapolis charm with beautiful newly refinished hardwood floors, four bedrooms, a finished basement, and thoughtful updates throughout. The kitchen includes partial marble countertops, while the bathroom features a Jacuzzi tub. Major improvements include new siding and a new roof (2025), drain tile and sump pump, and a radon mitigation system, providing added value and peace of mind. The second home is a charming 1½-story, two-bedroom residence with a newer furnace and water heater, offering excellent flexibility for rental income, guests, extended family, or a private workspace. Whether you're looking to offset your mortgage with rental income, invest, or create a flexible living arrangement, this unique property offers exceptional potential in a desirable Minneapolis location.


 

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area3,192 sqft
BasementFinished
Basement (Y/N)Yes
Below Grade Finished Area343 sqft
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsTake the Lake Street exit from I-35W, head east, then turn left on Elliot. The house will be on your right just north of 34th Street.
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income0
HeatingBoiler
High School DistrictMinneapolis
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area3,535 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense0
PostalCityMinneapolis
Property SubtypeOther
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NamePorterfields Add
Tax Annual Amount$5,211
Tax Year2025
Trash Expense0
Water Sewer Expense0
Year Built1907
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total3,535 sqft
Foundation Area1,163 sqft
Lot Dimensions40 x 124
Lot Size Area0 sqft
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$489,000

6 Beds 2 / 1 Full / Half Baths 3,535 SQFT 0.11 Acres
Type: Pending

3431 Elliot Avenue
Minneapolis, MN 55407

MLS#: 7106433
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800