Home for Sale in Minneapolis
3108 Elliot Avenue
Minneapolis, MN 55407

Price
$550,000

MLS #
7024111

Status
Active


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Property Details

No. of Units
3

Year Built
1894

Square Feet
4,218

Acres
4,792

2025 Property Taxes
$6,926

School District
Minneapolis

County
Hennepin


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, restaurants, and shops which supports consistent tenant demand. Showings require 24 hour notice.


35W Exit 15A 31st St east, take right on Chicago then quick left on 31st St then right on Elliot Ave.


35W Exit 15A 31st St east, take right on Chicago then quick left on 31st St then right on Elliot Ave.

Unit Information


Unit 1

Unit 2

Unit 3

Features


Heating
Baseboard,Boiler

Sewer
City Sewer/Connected

Water
Public

Additional Info


Listed By
Melanie Swensen of Edina Realty, Inc.

Listed
03/11/26 and last updated 03/26/26

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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