Price Reduction
Address
2512 Dupont Avenue S, Minneapolis, MN
Price
$ 625,000
Property Attributes
  • ID#6527634
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaAnderson Douglas & Co 1st Add
  • NeighborhoodAnderson Douglas & Co 1st Add
  • Zip55405
  • StyleTriplex
  • Year Built1924
  • Taxes$ 8297
  • Price$ 625,000
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3210
  • Lot Size0.12 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

This well-maintained, beautiful, classic triplex in Uptown Minneapolis is only for sale because the seller has moved. This property was in good condition when the current owner purchased it and then made many improvements, including a new roof, fascia, windows, gutters, french drains, a high-end professional paint job, and more. The seller was planning on holding for years. It is always rented with good tenants. It has an excellent rental history. Currently, it has two units rented with the first floor available for owner occupant or ready for a new tenant. The floor plans are original, with the 1st and 2nd floor units having the same layout and condition. 4 off-street parking spots are available behind the Tri-plex. The location is excellent, near new redevelopment in the city, lakes, restaurants and cafes in the vibrant part of Uptown. This has been an excellent source of income, with tenants paying all utilities. The triplex is low-maintenance and has been a joy to manage.

Price History
5/3/2024 Listed $650,000
6/5/2024 4% - $625,000

General Features

Sewer City Sewer/Connected
Heating Baseboard,Boiler
Roof Age 8 Years or Less,Architecural Shingle
Construction Materials Stucco
Year Built 1924
Electric Circuit Breakers
Tenant Pays All Utilities
Levels Two
Property SubType Triplex
Tax Year 2023
Gross Income 57780
Accessibility None
County Hennepin
New Construction No
Property Type Residential Income
Contingency None
Subdivision Name Anderson Douglas & Co 1st Add
Directions From Hennepin Ave S go east on 25th Street W for 2 blocks,turn right on Dupont
City Minneapolis
Buyer Agent Compensation 2.50
High School District Minneapolis
NumberOfUnitsTotal 3
Lot Size Units Acres
Land Lease Y/N No
Tax Annual Amount 8297
Additional Parcels Y/N No
Days on Market 33
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Minneapolis

Interior Features

Basement Egress Window(s),Partially Finished
Basement (Y/N) Yes
Above Grade Finished Area 2568
Below Grade Finished Area 642
Foundation Dimensions 30x50
Fuel Natural Gas

Exterior Features

Parking Features Gravel
Water Source City Water/Connected
Lot Size Area 0.12
Lot Dimensions 129x40
Foundation Area 1500

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 55405

Price
AVG $610K
$630K
Taxes
AVG $7,914
$8,297
Visits
AVG 263
345
Data Provided by Inside Real Estate®
Year Built
AVG 1930
1924

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