$499,900
 $2,684 est/mo Sourced by Back At You

2541 3rd Avenue S,Minneapolis, MN 55404

Minneapolis, MN 55404

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Description

Fully leased brick duplex in the heart of Whittier, directly across from the Minneapolis Institute of Art and MCAD. Both units are 3 bedrooms and rented through 2027 - $4,240/month in place, with tenants paying their own gas and electric. Solid 1900 masonry construction with the details buyers hunt for: original woodwork, hardwood floors, clawfoot tub, two fireplaces and a wide covered front porch. Updated kitchens with newer cabinets, counters and appliances, plus newer windows. The layout gives each unit far more room than a typical duplex. Unit 1 takes the front of the main level and the entire 2nd floor (3BR/1BA, approx. 2,000 sf). Unit 2 has its own rear entrance, the back of the main level and the entire 3rd floor (3BR/2BA). Boiler heat, full unfinished basement with common laundry and abundant storage, and a 2-car detached garage. 3,260 finished sq ft on a 50x128 lot. Minutes to Eat Street, downtown and I-35W. Potential to add a third unit in the basement - concept sketch available, not city-approved. Buyers to verify all measurements.

Details

MLS #7148074
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site18
Listing Provided ByTwin Cities Leasing LLC | James Humphrey

Features

Bed(s)6
Bath(s)3
SQ Feet3,260
Garage2
BasementY
Units2
Acreage0.15

Interior

HeatingBoiler

Taxes

Property8969

Area Information

StateMN
CountyHennepin
CityMinneapolis
Zip Code55404
Area84
Community NameGeo Galpins Add
School District1
High SchoolMinneapolis
Listing VS Median (in Geo Galpins Add)
Price:
$499,900
low | high
Med:
$499,900
50% of Average
sqft:
3,260
low | high
Med:
3,260
50% of Average
$ / sqft:
$153
low | high
Med:
$153
50% of Average
On site:
18
low | high
Med:
18
100% of Average
Sourced by Back At You

Market Activity 55404

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 9, 2026 at 1:49:15 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyHennepin
CityMinneapolis
Zip Code55404
Area84
Community NameGeo Galpins Add
School District1
High SchoolMinneapolis
Listing VS Median (in Geo Galpins Add)
Price:
$499,900
low | high
Med:
$499,900
50% of Average
sqft:
3,260
low | high
Med:
3,260
50% of Average
$ / sqft:
$153
low | high
Med:
$153
50% of Average
On site:
18
low | high
Med:
18
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $374K - $624K
sqft: 2,000 - 4,000
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Minneapolis, MN 55407
Listing Updated: September 29, 2026 at 6:19:03 AM PDT