3431 Elliot Avenue,Minneapolis, MN 55407
Minneapolis, MN 55407
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.
Details
| MLS # | 7106433 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1907 |
| Days On Site | 102 |
| Listing Provided By | Pemberton RE | Kelly A Madden |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 3,535 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.11 |
Interior
| Heating | Boiler |
|---|
Taxes
| Property | 5211 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55407 |
| Area | 64 |
| Community Name | Porterfields Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Porterfields Add) | |
Price: $489,000 low | high Med: $489,000 sqft: 3,535 low | high Med: 3,535 $ / sqft: $138 low | high Med: $138 On site: 102 low | high Med: 102 | |
Market Activity 55407
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55407 |
| Area | 64 |
| Community Name | Porterfields Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Porterfields Add) | |
Price: $489,000 low | high Med: $489,000 sqft: 3,535 low | high Med: 3,535 $ / sqft: $138 low | high Med: $138 On site: 102 low | high Med: 102 | |
